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Search Results for: crypto adoption

Shiba Inu Partner Bad Idea AI Rolls Out Major App Upgrade

Shiba Inu-affiliated artificial intelligence project Bad Idea AI has released a major 2.0 upgrade for its chatbot application. Key enhancements include per-room memory retention, performance improvements, and security updates. In a tweet, the BAD team highlighted the launch of version 2.0 and its new capabilities. BAD aims to blend AI,

October 18, 2023 1 min read

API3 Expands Verifiable, Decentralized Data Feeds to Five New Chains

GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–API3 recently announced the deployment of its decentralized data feeds (dAPIs) across five new chains: Base, Kava, Linea, Mantle, and Rootstock. This significant expansion reflects API3’s commitment to revolutionizing decentralized finance (DeFi) by supporting as many chains as possible with verifiable, decentralized data feeds maintained on-chain

October 18, 2023 4 mins read

Fidelity Investments Resubmits Updated Application for Spot Bitcoin ETF

The SEC decided last Friday not to challenge a recent setback in the D.C. Circuit Court of Appeals. Grayscale Investments wanted to turn the Grayscale Bitcoin Trust (GBTC) into an ETF, but the SEC denied their application. Since the SEC did not appeal the decision, the court will overturn the

October 18, 2023 2 mins read

Binance Academy and Blockchain Center Team Up to Boost Web3 Educational Initiative

The Blockchain Center, an independent international non-profit research laboratory that supports talent development in the blockchain industry through education globally, and Binance Academy, the open-access blockchain and cryptocurrency learning hub of Binance, disclosed today that their blockchain educational program will now be broadened globally under the name of The Global

October 18, 2023 3 mins read

BTC Continues to Surge in Hopes of Bitcoin ETF. Will it Cross $30,000?

Bitcoin (BTC) prices exhibit a sudden rally following the recent news from Binance.US suspending direct U.S. dollar withdrawals. The price of BTC soared from $28,189 to $28,793 in the last 24 hours. Further, speculation continues to circulate within the crypto market regarding the potential approval of spot Bitcoin exchange-traded funds

October 18, 2023 2 mins read

Ethereum Scaling Solution Scroll Launches Mainnet

Scroll, a zero-knowledge rollup project aimed at boosting Ethereum’s throughput, has officially launched its mainnet, according to an announcement Tuesday. Chinese journalist Colin Wu reported that Scroll’s mainnet will initially focus on onboarding infrastructure providers to the network. The project utilizes zkEVM technology, which the team states provides an experience

October 17, 2023 1 min read

Chainlink Whales Continue Aggressive Accumulation as LINK Surges 30%

According to analytics provider Santiment, large Chainlink (LINK) holders have been rapidly accumulating tokens over the past 5 weeks amidst a price recovery. Chainlink has gained 30% over the last 5 weeks, now trading at around $7.51. During this period, Santiment data shows wallets holding between 100,000 to 1 million

October 17, 2023 1 min read

Scroll’s zkEVM Mainnet Launch Marks a Milestone in Ethereum Scalability and Efficiency

The open-source rollup leverages zero-knowledge proofs to increase speed and lower costs, ushering in a new era of developer adoption for Ethereum NEW YORK & HONG KONG–(BUSINESS WIRE)–Scroll, an open-source, community-first Ethereum scaling solution, today announced the launch of its mainnet, marking a significant milestone in the movement to scale

October 17, 2023 4 mins read

Flare Teams Up With Web3Auth to Redefine Web3 Apps Login Experience

A new cooperation between Web3Auth, the top wallet-as-a-service (WaaS) infrastructure provider, and blockchain for data, Flare, has been revealed. This will make it easier for users to access Web3 applications and services using their email and social media login credentials. The dependency on seed phrases for establishing or using a

October 17, 2023 1 min read

Ethereum Price Shows Signs of Recovery; Can Bulls Dominate?

For the first time since May, the validator queue on the Ethereum blockchain has emptied, suggesting that investor appetite for ether staking has plateaued, as reported by Coinbase. To validate blockchain transactions and get rewards, validators lock up ether. After reaching its maximum capacity, validator entry dwindled staking returns to

October 16, 2023 2 mins read