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Search Results for: crypto adoption

Renewed Vision for Web3: BUIDL for Web3 Summit 2023 Ignites Innovation

Bringing web3 and decentralization to the masses, the BUIDL for Web3 Summit 2023, the premier web3 event kick-started the India Blockchain Week with over 1200+ attendees under one roof. Organized by Lumos Labs and Buidlers Tribe, powered by Bitget and supported by  Aptos, Polygon Labs, and Zetachain, the premier web3

December 5, 2023 7 mins read

Jellyverse Raises $2M Seed Funding for Boosting DeFi 3.0 Development

Private investors have contributed $2 million to Jelly Labs AG and Fintonomy LTD, the companies developing the foundational protocols underpinning Jellyverse. Based on DeFiMetaChain, Jellyverse is a platform providing advanced decentralized financial services. The money raised will be used by Jelly Labs AG and Fintonomy LTD to further accelerate the

December 4, 2023 4 mins read

Shibarium Transactions Explode to 29 Million Amid Shiba Inu Price Surge

The recent double-digit Bitcoin price spike has lifted sentiment across cryptocurrencies, with altcoin transactions and values rising in tandem. Shibarium, the layer-2 scaling solution of meme token Shiba Inu, has tracked closely with the broader resurgence. Data from monitoring resource Shibarium Scan reveals the protocol handled a staggering 7.84 million

December 4, 2023 2 mins read

New Digital Wallet Tezro Aims To Revolutionize Banking

The fintech industry is booming with innovation. According to a recent report from CB Insights, investment in fintech startups reached $32.1 billion in the first half of 2021, already surpassing the total for all of 2020. Within this space, digital payments and banking solutions are hot areas of growth. This

December 4, 2023 4 mins read

Hacker Targets Safe Wallet Users Via Address Poisoning Attacks

The number of victims for a crypto hacker who specializes in “address poisoning attacks” has risen to 21. Moreover, in the last week alone, they have stolen almost $2 million from Safe Wallet customers. About 10 Safe Wallets lost $2.05 million due to poisoning assaults that occurred between November 26

December 4, 2023 1 min read

El Salvador’s President Nayib Bukele Steps Down Amidst Upcoming Re-election

Nayib Bukele, the president of El Salvador, has resigned from office to run for office again. He was the driving force behind the bill that made Bitcoin legal money in El Salvador. After receiving the green light from El Salvador’s legislative assembly, Bukele stepped down as president on December 1st.

December 2, 2023 1 min read

Sui Partners With Leading Web3 Audit Firms OtterSec and Zellic to Secure Ecosystem

The firms will work with Sui to conduct security assessments of projects building on the network, providing independent builders with powerful tools to strengthen their products. GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–Sui, the Layer 1 blockchain created by the technology team that emerged from Meta’s Diem Blockchain project, today announced a

December 1, 2023 3 mins read

Unlocking Opportunities: iGaming Tokens and a 115% Surge in the Industry

As the gaming industry experiences unprecedented growth, iGaming tokens are shaping a financial landscape within gaming platforms, enticing not only avid gamers but also crypto investors and tech enthusiasts eager to explore the fusion of gaming and blockchain technology.  Beyond revolutionizing gameplay, these tokens offer unique earning opportunities for savvy

December 1, 2023 4 mins read

Charles Hoskinson Shares Theory on Why Satoshi Nakamoto Chose Anonymity

In a recent video, Charles Hoskinson, founder of IOG and the Cardano blockchain, shared his perspective on why Satoshi Nakamoto, the pseudonymous creator of Bitcoin, chose to remain anonymous. Hoskinson also revealed details about Bitcoin’s first years, when mining and control were initially centralized. The video expands on Hoskinson’s previous

November 30, 2023 2 mins read