The global crypto market, in the past few weeks, has remained bearish despite persistent investor expectations for bullish turns. This struggle for price revival has been reflected in cryptocurrency’s different sectors. Notably, AI-related crypto tokens have factored in the market slump in their own prices. Moreover, leading cryptocurrencies such as
In preparation for an impending network upgrade, the cryptocurrency exchange Upbit will temporarily disable the Near Protocol’s (NEAR) deposit and withdrawal services. An official announcement states that the suspension will start on August 26 at 3 am UTC. And continue on until the network upgrade is determined to be stable.
Near Protocol is bullish, demonstrating strength by surpassing the $7 mark, as Helium’s price climbs to $5.89, placing it 92nd on CoinMarketCap amid overall crypto market growth. Meanwhile, BlockDAG is capturing attention with its remarkable $23.6 million presale success and a projected price of $30 by 2030. BlockDAG’s also gaining
Near Foundation’s CEO and developer of the layer-1 protocol, Marieke Flament, has stepped down. On September 21st, Near Foundation announced that general counsel Chris Donovan will succeed Flament as CEO. Flament did not provide a detailed explanation for why she was leaving. Until the end of the year, Flament will
According to reports, Chinese IT giant Alibaba Cloud has partnered with the non-profit NEAR Foundation which developed the decentralized platform NEAR Protocol to promote Web3 throughout Asia and the Middle East. The native token of the ecosystem, NEAR, had its value increase by more than 13 percent following the announcement.
Near Protocol, a decentralized application (DApp), announced at the Web3 and innovation festival ETHDenver 2023 that it would be releasing a new blockchain operating system. With the goal of enhancing the user experience on Web3. By creating a unified platform for accessing and learning about open web resources. Illia Polosukhin,
In light of the dismal state of the industry. Octopus Network has announced a round of personnel cuts that will see 12 of the core 30 employees go. All remaining Octopus Network employees will take a 20% pay reduction. And the network’s team token incentive will be put on hold
USN had been inadequately collateralized as per the NEAR Foundation. NEAR Protocol’s USN was an algorithmic stablecoin at launch but later switched. After exhibiting violent behaviors similar to those seen with TerraUSD, a cryptocurrency that dramatically crashed this year and cost investors billions of dollars, the NEAR Protocol stablecoin is
Stader Labs is a multi-chain liquid staking solution with a vision to empower 1Bn+ users to earn passive income through its staking infrastructure. Having launched on the erstwhile Terra in the November of 2021, Stader reached $1Bn+ in TVL with ~35000 wallets staking with it during its peak. The start-up
The Near Foundation has announced that Google Cloud will be supporting the Pagoda platform for Web3 startups. Thanks to a new agreement between Google Cloud and the Near Protocol. An announcement made on October 4 said that as a result of this relationship. Google Cloud will be able to provide
