Search Results for: crypto adoption

Impossible Cloud Launches General Availability of Cloud Storage Solution, Delivering Enterprise-Grade Object Storage at Fraction of Cost

The First Enterprise-Grade Cloud Based on Web3 Technology HAMBURG, Germany–(BUSINESS WIRE)–#DecentralizedStorage—Impossible Cloud, the revolutionary cloud platform that offers decentralized, multi-service cloud solutions, today announced the general availability of its enterprise-grade, native cloud storage solution which delivers all the capabilities of traditional cloud storage along with the key benefits of decentralized

April 17, 2023 3 mins read

Sui Foundation Names Greg Siourounis as Managing Director

Esteemed Academic and Entrepreneur to Lead Efforts to Educate and Support Sui Network NEW YORK–(BUSINESS WIRE)–The Sui Foundation (or the “Foundation”), dedicated to supporting the Sui ecosystem, today announced the appointment of Dr. Greg Siourounis as Managing Director. In this role, Dr. Siourounis will lead execution of the Foundation’s efforts

April 17, 2023 3 mins read

LBank To Participate in the Inaugural Web3 Festival in Hong Kong

LBank, a top cryptocurrency exchange, is proud to announce its participation in the inaugural Web3 Festival taking place from April 12-15 at the Hong Kong Convention and Exhibition Centre (HKCEC). The festival is co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME. The event promises to be

April 17, 2023 2 mins read

Is Altcoin Season the New Indicator of the Bull Run 2023?

Bitcoin (BTC) and Ether (ETH) crossing their crucial resistances — $30K and $2.1K respectively — escalates the likelihood of the next bull run. Parallel to them, other altcoins project their upside potential and bolster the crypto market’s recovery since the onset of this year. The collective price action of altcoins,

April 17, 2023 2 mins read

Smart Contracts 101: How Do They Work With Layer 0 Blockchains?

Over the last decade, the cryptocurrency ecosystem has experienced rapid growth, with numerous innovative projects offering new ways to exchange digital assets and more. The constant development of blockchain infrastructure to support secure, scalable, and decentralized apps has driven this unrelenting innovation of crypto-based products. The most notable example is

April 15, 2023 14 mins read

Chia (XCH) Token Records Over 17% Price Surge in 24-Hours

Since the beginning of the year, the cryptocurrency market has been on an upward trend. While the prices of digital currencies recorded a slow-decline after the collapse of the FTX cryptocurrency exchange platform. Chia (XCH) cryptocurrency has not been left behind by this bullish trend. Recently, Chia has been gaining

April 15, 2023 2 mins read

Shytoshi Kusama Drops Bombshell Update for Shiba Inu's Shibarium

Shiba Inu’s Super Strike: Burn Rate Spikes 30929% in Last 24H

The burn rate of Shiba Inu (SHIB) enormously rose to 30929.3% in the last 24 hours. A single giant transaction initiated the burn of 1,494,278,561 SHIB, worth $16,885 at press time. The official SHIB burn tracker, Shibburn, detected this burn activity at 07:14:59 UTC. As per the portal, at the

April 14, 2023 1 min read

ETH Deposits Outpace Withdrawals, Pointing to Rising Demand

The recent surge in the demand for Ethereum (ETH) is evidenced by deposits outpacing withdrawals. This is a clear indication that more investors are attracted to this cryptocurrency and are showing a higher level of confidence in its potential to generate profits. The ETH deposits are outpacing withdrawals in the

April 13, 2023 2 mins read

The Bull Market May Come Due to BTC Halving, Says KuCoin Head of MENA Business Development at Istanbul Fintech Week 2023.

KuCoin Takes Center Stage at Istanbul Fintech Week 2023, Shares Insights on the Future of Crowdfunding and Blockchain ISTANBUL–(BUSINESS WIRE)–The upcoming Bitcoin halving, scheduled for late April 2024, is expected to create a scarcity effect that drives up demand and price, but the exact impact on the Bitcoin price remains

April 13, 2023 3 mins read

Distyl AI Forms Services Alliance with OpenAI and Raises $7M to Help Enterprises Tap Into the Potential of Generative AI and Large Language Models

Services Alliance Announced with OpenAI to Bring Cutting-edge AI innovation and Infrastructure to Enterprises First Institutional Investment in the Company Led by Coatue and Dell Technologies Capital, with Participation from Industry Leaders SAN FRANCISCO–(BUSINESS WIRE)–Distyl AI, founded by Palantir veterans Arjun Prakash and Derek Ho, integrates AI into the core

April 13, 2023 4 mins read