The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach
On August 28, 2024, Japan’s largest cryptocurrency-themed event, the WebX Conference, opened its doors in Tokyo, drawing attention from all around the world. This global Web3 conference, organized by CoinPost, Japan’s leading cryptocurrency, and Web3 media outlet, attracted 180 exhibiting companies, 250 speakers, and over 130 media partners. It has
Bitcoin (BTC) took a brief plunge yesterday, managed to hover at the $62,000 mark, and wiped off all the gains within the last 24 hours. BTC crashed by over 5.90%, marking one of the largest declines since August. The bears continued to restrain the bulls from recovering, slipping to a
Sony is launching the first public testnet for its Soneium blockchain. The Group entered the blockchain space five days ago. They partnered with Startable Labs to launch Soneium, an Ethereum Layer-2 blockchain. Sony Block Solution Labs, Sony’s blockchain division created this project to connect the everyday internet services of Web3
Nasdaq, a major American stock exchange operator, is seeking approval from U.S. regulators to launch options on a Bitcoin index. On August 27, Nasdaq announced its intention to offer index options on the Bitcoin index, providing institutions and traders with a new avenue to hedge their Bitcoin exposure. The proposed
The TON community has taken to the spotlight since the week’s beginning. With the controversial detention of its co-founder in France and the launch of a new memecoin $DOGS, the TON Network has seen quite the frenzy. In addition, community members observed a glitch in the blockchain’s activity in the
In August 2024, following substantial declines, Bitcoin and Ethereum entered a prolonged period of sideways oscillation. As the market needed new stimuli, meme coins once again became the focus of investors. In the past two weeks, the meme market has been exceptionally hot. Inspired by rags-to-riches stories, a large amount
Avalon Labs has launched the first-ever on-chain CeDeFi lending platform, surpassing $30M in Bitcoin-backed loans within just two days. The platform provides unlimited stablecoin supply at a fixed 8% interest rate, setting a new benchmark for both retail and institutional lending. Avalon Labs’ CeDeFi (Centralized-Decentralized Finance) Lending Platform integrates the
Everyone in web3 is familiar with names like Andreesen Horowitz, Coinbase Ventures, and Binance Labs. But outside of the big venture capital firms, there are hundreds more that undertake the same work, funding and supporting startups and advocating for web3 adoption. From this long tail of web3 VCs, a few
The crypto game is all about returns, and today we’re unveiling pivotal updates on three coins to help you identify the standout of the week. Starting with Polygon’s price outlook: MATIC could ignite a bullish charge if it breaches its current barriers. However, a failure might see it plunge to
