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Xai and Offchain Labs Join Forces to Transform Gaming’s Landscape

Xai Foundation, a layer3 blockchain powered by Arbitrum (ARB) technology, is set to revolutionize the world of gaming. The Xai Foundation, in collaboration with Offchain Labs, will provide dedicated support to cater to the specific needs of game developers. By leveraging Offchain’s expertise, Xai ensures a solid scalability, security, and

June 16, 2023 2 mins read

LayerZero Launches on Scroll_ZKP, Pioneering Privacy Solutions

LayerZero, the cutting-edge blockchain project, has achieved a monumental milestone in the industry by successfully launching on the Scroll_ZKP testnet. This groundbreaking development signifies a significant leap forward for privacy and security in the blockchain world. LayerZero is now live on @Scroll_ZKP testnet! All endpoint information is available in our

June 15, 2023 2 mins read

Snoop Dogg Releases NFT Passport for Exclusive Tour Experiences

The Snoop Dogg Passport, an NFT pass that grants access to special content and experiences related to the rapper and entertainer’s forthcoming concert tour, was released today, marking yet another step towards Web3 for Rapper Snoop Dogg. Moreover, each Snoop Dogg Passport NFT costs 0.025 ETH, or around $43 at

June 14, 2023 2 mins read

Balancer Protocol Revolutionizes DeFi on Polygon’s zkEVM Network

In a significant stride towards optimizing Ethereum scaling and driving liquidity growth in the zkDeFi ecosystem, the Balancer protocol has announced its deployment on Polygon’s zkEVM. This move strengthens the DeFi experience on Polygon, creating a seamless and interconnected user environment. Strengthening a seamless, interconnected, and enhanced DeFi experience #onPolygon@Balancer

June 14, 2023 3 mins read

Whopping $174 Million Worth of BTC Transferred by Miners to Exchanges in Two Weeks

According to blockchain analytics firm Glassnode, there has been an increase in the transfer of bitcoin (BTC) from miners to centralized exchanges since May 31. Data reveals that miners or entities responsible for minting coins by verifying transactions on the blockchain have moved a total of 6,671.99 BTC ($174 million)

June 13, 2023 2 mins read

Rahul Parthe Joins PassiveBolt as Strategic Advisor and Investor

ANN ARBOR, Mich.–(BUSINESS WIRE)–PassiveBolt, a trailblazer in self-sovereign identity (SSI) solutions, is excited to introduce Rahul Parthe to their team as a Strategic advisor and investor. Mr. Parthe’s significant acumen in biometric technology and comprehensive understanding of the identity landscape uniquely position him to greatly enhance PassiveBolt’s pursuit of transformative

June 13, 2023 3 mins read

Binance Bullish Against SEC: Netflows Exceed $521M

Cryptocurrency exchange Binance had been through one of the worst turbulent outflows in the past week due to the SEC lawsuit. Reportedly, the exchange remarkably recorded a positive netflow of $521 million, as per data from the Web3 analytics tool 0xScope. In the last 24 hours, Binance witnessed an inflow

June 13, 2023 1 min read

Ripple Joins with University of Toronto to Drive Blockchain Innovation in Canada

Ripple’s University Research Blockchain Initiative (UBRI) has announced its partnership with the University of Toronto. Ripple (XRP) has continuously taken steps to show its commitment to encouraging talent and innovation in the Canadian region. It especially improves the crypto hub in Toronto. The partnership strengthens Ripple’s ties to Canada. The

June 13, 2023 1 min read

Tether Bolsters Reserves with $1B Issuance on Ethereum Blockchain

Tether, the prominent stablecoin issuer, has recently completed its second $1 billion issuance within two months, bringing the total amount issued in 2023 to over $16 billion. The transaction occurred on June 12, utilizing the Ethereum blockchain. Paolo Ardoino, Tether’s Chief Technology Officer (CTO), took to Twitter to clarify that

June 13, 2023 2 mins read

These 5 Cryptocurrencies Crash Down to New All-Time Lows

Last week, the global crypto market staged one of the wild altcoins’ bloodbaths since the Terra Luna collapse in 2022. The ongoing ‘SEC vs Crypto’ predominantly initiated this crypto crash. Numerous cryptocurrencies have plunged to the bottom, hitting new all-time lows (ATL) on Saturday. After being tagged as securities, ADA,

June 12, 2023 4 mins read