Industry News
Peirce Criticizes SEC’s Crypto Stance: A call for transparency and dialogue
In a rather striking and sensational act that has captivated the financial and crypto saga, Hester Peirce, a Commissioner with the
BlobStream Solutions By Celestia gets Introduced to Arbitrum Orbital Chain
Celestia is making strides to the Arbitrum ecosystem. Celestia has introduced Blobstream. Now Blostream is set to change customizable chains, known as Orbit chains. These chains can be either Layer 2, settling directly to Ethereum, or Layer 3, settling to Arbitrum’s Layer 2, Arbitrum One. Simplified Data Availability Now what Blobstream does is uses Celestia’s technology…
Republic Acquires GoldenTree’s Crypto Subsidiary GoldenChain
The dramatic change has become dominant as GoldenTree Asset Management, a literary firm based in the world, recently has put up on sale its cryptocurrency subsidiary, GoldenChain. Another company by the name of Republic is the consumer. This step is like an important shift for GoldenTree which did not involve in the investing of crypto…
Wormhole set to launch its governance token
Decentralized Finance (DeFi) protocol Wormhole has announced that the much anticipated launch of its W governance token will take place on Wednesday. With the launch imminent, crypto exchanges are making efforts to list the token after its airdrop claim opens up to eligible users. Wormhole prepares for its token launch Wormhole previously shared the details…
Taiwanese music star’s memecoin undergoes wild price action
Solana-based memecoin Bobaoppa has become the subject of discussion in the crypto market after its recent price actions. Launched by Taiwanese music sensation Jeffrey Huang (also known as Machi Big Brother), the memecoin has been making waves since its $49 million presale. The token’s price recently experienced a volatile movement, leaving its holders with mixed…
Russian nationals transacted $51 billion on exchanges in 2023
The Bank of Russia has released its latest report showing the activities of Russian nationals in the crypto market in 2023. According to the business/953185″ rel=”nofollow noopener” target=”_blank”>report, the bank noted that transactions in excess of $51 billion (4.7 trillion rubles) were carried out on the exchanges. The report also found that most of the…
Crypto platform dYdX chooses Cayman Islands for operations as US tightens DeFi oversight
dYdX, a decentralized exchange, after the community referendum with over 90% support, has announced its decision to operate from the Cayman Islands partially. However, this move is targeted to reduce the probable legal risks because the United States security regulators have been concentrating on decentralized finance (DeFi) protocols. Despite dYdX not having any operations within…
Fortnite Content Creator Exposes Flaw in Creative Mode, Urges Epic Games for Fix
Recently, Epic Games’ Fortnite universe has grown with the addition of LEGO Fortnite and Rocket Racing, which offer the players a wide range of experiences beyond the main Battle Royale mode. Nevertheless, a Fortnite content creator has come across a critical issue with one of these formats that merits immediate action from Epic on its…
Content Warning: Lethal Company-Style Horror Game Available for Free for a Limited Time
As a shocking maneuver on April 1st, Landfall, the publisher company behind the horrific new video game “Content Warning,” with a free offer game released for the 24-hour launch release window. This game virtually repeats Let’s Get This Political’s style, requiring players to capture their pals becoming terrified and then posting the content on SpöökTube…
Microsoft to Introduce AI-Powered Xbox Chatbot for Enhanced User Support
To bolster the user experience in the Xbox gaming environment, Microsoft ai chatbot technology could introduce a very ai-powered chatbot designed specifically for Xboxers. The move symbolizes the tactical extension of artificial intelligence (ai) applications into the gaming division led by Microsoft. In contrast, success has been witnessed with OpenAI in previous ventures, such as…
Blizzard Entertainment’s World of Warcraft Franchise Director Confirms Non-Use of Generative AI
In a recent interview with IGN at the Game Developers Conference 2024, John Hight, the franchise director of the iconic massively multiplayer contact game/” target=”_blank” rel=”noopener”>game (MMO) World of Warcraft, shed light on the game’s technological advancements. Addressing the buzz surrounding artificial intelligence (ai) in gaming, Hight clarified that Blizzard Entertainment is not employing generative…
Discord to Introduce Ads: Gamifying In-Game Chats Raises Concerns
A decision was made by the creators of Discord, a multi-platform that is considered one of the best communication systems for gaming communities, to integrate advertisements into their system, which is something they never had. One of the most notable changes made by the company is its shift from revenue relying solely on subscriptions to…
Argentina introduces mandatory crypto exchange registry
dollar-for-bitcoin/” target=”_blank” rel=”noopener”>Argentina has achieved the containment of the crypto market within its boundaries. The country’s regulator of securities, Comisión Nacional de Valores (CNV), has introduced a mandatory registry for companies participating in cryptocurrency businesses. This involves buying, selling, sending, receiving, lending, and trading of cryptocurrency. It is pertinent for the local and multinational companies…
Tether’s Bitcoin holdings skyrocket with $618M acquisition
Tether, the issuer of the stablecoin USDT, has bought a lot of BTC to its reserves. The company acquired 8,888 Bitcoins worth $618 million on March 31. This brings Tether’s total Bitcoin holdings to 75,354 bitcoins, with an estimated value of about $5.2 billion, according to on-chain data. The median cost of these Bitcoins to…
Cryptocurrency community pranks unfold on April Fools’ Day
Anatoly Yakovenko, CEO of Solana, tends to send people in the cryptocurrency-monitoring/” target=”_blank” rel=”noopener”>cryptocurrency industry into a frenzy of hysterical laughter because last April 1st, he opened the virtual vault and introduced the made-up “BunkerCoin” token to the world. His tweets may not have made much sense to me as they were tech vocabulary-stacked; however,…
USDe investors to claim their share in Ethena Labs’ ENA token airdrop
Etha Labs token, ENA, a significant development within the DeFi sector ecosystem system that stems from its $1.3 billion USDe dollar Announced airdrop for USDE holders The exportation of ENA signifies a turning point for Ethena, seeing the digital asset listed at a record-high opening price of 64 cents and available to all centralized exchanges. …
Analysts predict Shiba Inu will rally beyond 0.000058 cents amidst market fluctuations
Crypto Shiba bulls continue to watch the chihuahua dog coin (market/” target=”_blank” rel=”noopener”>shib), notably how the currency has been resilient to dips and bullish signs even as it traded below the 0.00003 level due to wide market movements. Crypto experts see a price jump of the meme coin after April as early signs of a…
Hope rises for FTX investors with 2024 repayment goal
The law-firm-clash/” target=”_blank” rel=”noopener”>FTX bankruptcy drama that has financially affected more than one million investors may be resolved by the end of 2024. A meeting in Bahamans held by the Joint Official Liquidators recently from FTX Digital disclosed the deposit payout plan. This move is part of a joint effort between the United States and…
Solana DEXs exceed forecasts with a trading boom
trading-milestone/” target=”_blank” rel=”noopener”>Solana blockchain registered a sharp rise in trading worth a great figure, also breaking all the previous records. The revelation in March that total trades reached $60.34 billion gave a clear picture of the explosive increase in trading activities. Against all odds, the Solana cryptocurrency has continued its stellar track record, registering an…
Thailand’s Bitkub targets IPO for expansion and growth
bitcoin–trading-volume-leaps-5000-percent/” target=”_blank” rel=”noopener”>Bitkub Capital Group Holdings, the leading owner of a cryptocurrency exchange in Thailand, says it has a target of listing for the year 2025. Led by CEO Jirayut Srupsrisopa, the strategic move is intended to position Bitkub as a leader and secure funds for continued expansion in the midst of greater competition within…