In a market rife with uncertainty, where Polkadot (DOT) struggles at a $7.5 resistance point and Bitcoin Cash (BTC) enjoys a modest 2% uptick, BlockDAG has distinguished itself as a top cryptocurrency investment. With a dramatic 1,120% increase in its valuation, BlockDAG has introduced innovative cloud and hardware mining solutions
Formerly known as OAK Network, Ava Protocol has announced that $10 million in seed investment has been completed. This includes a $5.5 million initial round and a subsequent $4.5 million seed+ round. The funds will go toward helping Ava Protocol develop an Eigenlayer AVS that is intent-centric and event-driven, enabling private autonomous transactions on
The AI platform SingularityNET and Trace Labs, the core development team of OriginTrail, a specialist in AI data integrity and a parachain on Polkadot, have announced a strategic cooperation. The parties to the agreement will collaborate to develop the Internet of Knowledge, which drives AI data analysis. SingularityNET and OriginTrail, two of
Mandala Chain, a Polkadot parachain that unifies public and private sectors through the integration of enterprise and government applications, has announced their initial collaborations and use cases. The first use case, IDCHAIN, is a partnership with the organization in charge of Indonesia’s top-level.id domain. Over 10 million new wallets are expected to
Crypto exchange Kucoin delisted the dormant stablecoin of Acala Network — aUSD — and has initiated the launch of an “acquirement plan” to compensate token holders’ loss. Previously, in August 2022, the Acala incident — an erroneous minting of 3 billion aUSD tokens in its liquidity pool — occurred. Following
zkCandy, an emerging Layer 2 scaling solution for Ethereum purpose built for the gaming industry, today announced the appointment of William Croisettier to the role of Chief Growth Officer. William brings an impressive track record in driving innovation and scaling blockchain ecosystems. William is a crypto native with 8 years
The cryptocurrency market is notorious for its volatility, with prices capable of significant pumps and dumps within short periods. Amid this environment, bull runs—periods of sustained price increases and heightened market confidence—offer lucrative opportunities for investors. One analyst, renowned for his accurate market predictions, has recently highlighted three cryptocurrencies he
Three new C-suite executives have joined the team at Brillion, a smart wallet development company. The new leadership will boost Brillion’s efforts to develop and market solutions that combine digital assets with conventional finance by bringing a variety of leading-edge industry experience. After working as the CTO and CPO for
London, UK, May 10th, 2024, Chainwire Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the
South Korea’s charities and contribution campaigns may take a hit as digital currencies are not included in the country’s recently revised donation laws. According to Kyunghyang Shinmun, a local media site, the Ministry of Public Administration said on May 5 that they had submitted modifications to South Korea’s “Donations Act”
