Industry News
Solana’s high throughput puts pressure on Ethereum’s leading position
Against the background of an Evolving Digital vista, where Blockchain technology redefines the limits in finance and technology, the rivalry between Ethereum (ETH) and Solana (performance-shake-the-altcoin-market/” target=”_blank” rel=”noopener”>SOL) has warranted much attention from industry experts and enthusiasts. This fiercely competitive environment and the analyst’s forecast imply that someday Solana might outnumber Ethereum’s market share for…
US and UK jointly sanction online media channel Gaza Now for fundraising for Hamas
Gaza Now, an contact media channel supporting Hamas, and its owner, Mustafa Ayash, have been sanctioned jointly by the United States and the United Kingdom for their involvement in fundraising activities for the group. This move comes after the Oct 7 attack in Israel and emphasizes a unified approach in the attempt to restrict funding…
United States Treasury’s tokenized assets hit over $1 billion
The tokenization of United States Treasurys and other real–world assets on blockchain platforms has gained significant traction, with over $1 billion worth of U.S. Treasurys now existing across Ethereum, polygon, Solana, and other blockchains. This surge has been fueled in part by the launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which has…
THORchain hits a significant trading volume milestone
Decentralized liquidity protocol THORChain has achieved a significant feat by netting over $10 billion in its monthly trading volume. Notably, this is the first time that the protocol will be registering such an impressive feat. The protocol, which facilitates swaps across blockchains has grown significantly in the decentralized finance sector. However, its new feat has…
BlackRock’s BUIDL fund hits $245 million in one week
Renowned investment firm BlackRock has announced a significant milestone connected to its BUIDL fund based on Ethereum. The Ethereum-based BlackRock ISD Institutional Digital Liquidity fund has witnessed its balance surge to around $245 million. The unique approach of the company to debut tokenized securities has made the fund one to watch out for the financial…
Nintendo of America Undergoes Restructuring Ahead of Switch Successor Launch
The dominant position of Nintendo of America, one of the major gaming manufacturers, can be stated as going through a restructuring event after Kotaku’s recent report. It covers reorganizing the testing department responsible for game and system assessment. The choice of such periods for these changes could not be casual because there is an expectation…
Embark Studios’ Decision to Force Ranked Play Upset the Finals Community
A well known gaming platform, The Finals, has undergone a backslide from its community recently after Embark studios brought up a disputable update. The update, which is marked as 2.2.0, caused several new features and adjustments, yet it also consisted a requirement in its challenger circuit that caused discontentment and disappointment among many players. Community…
PlayStation Plus April Free Games Lineup Analysis
premium-subscribers/” target=”_blank” rel=”noopener”>PlayStation Plus subscribers of monthly free games are looking for good value, and their subscriptions are what they have in mind. The rapid price rise has attracted this product’s attention from subscribers and critiquing. Hence, users, who are the last-line consumers, must judge arguments to decide whether the offerings are worth the cost….
Solana’s stellar performance shakes up the Altcoin market
The surge by Solana (SOL) has been accompanied by more than 850% over the past year, yielding much better rewards. Six months ago, CRO was trading at around $21; after spearheading this more recent bull run, CRO has now captured a price of over $200, which leaves its competitors like Ethereum, Cardano, and Chainlink with…
Crypto’s true power lies in its small yet impactful nature
Katherine Dowling from Bitwise Asset Management compared investing in cryptocurrency to adding cayenne pepper to a dish during a conference in West Palm Beach, Florida. She meant that just a small amount of crypto can make a big difference in an investment portfolio. Ivory Johnson, a financial advisor and CNBC Council member, agrees with Dowling….
Coinbase wallet victory sparks debate on crypto regulation
The decision is regarded as a win for self-custody wallets and decentralized finance (DeFi) applications. The ruling was made by U.S. District Judge Katherine Failla on March 27, stating that the Securities and Exchange Commission (SEC) had failed to prove that Coinbase Wallet was engaged in broker activities. This judgment provides a ray of hope…
Let’s talk Sam Bankman-Fried: What to expect from his sentencing
Sam Bankman-Fried, the ex-FTX CEO, is on the edge of his seat as March 28 approaches. That’s the day he finds out if he’s walking free or starting a long stint in prison after being found guilty of seven serious crimes.news/sam-bankman-fried-sentencing-hearing” rel=”nofollow noopener” target=”_blank”> Judge Lewis Kaplan of the New York Southern District is the…
Ethena prepares for governance token launch with a major airdrop
Alongside the significant move in the DeFi sector, Ethena, the protocol that governs USDe, a $1.3 billion token, will launch its ENA governance token soon. The most important action follows on April 2nd when the project enters its new phase, facilitating the release of 750 million ENA tokens, or 5% of the entire supply, distributed…
Ripple faces criticism from Forbes over XRPL’s role in global finance
In the latest article, Forbes has classified thecommunity-engage-in-talks-over-potential-usdc-support/” target=”_blank” rel=”noopener”> XRP Ledger (XRPL) and 19 other blockchains as not really working – to the point of calling them “zombie chains”. The research claims that these networks, among them XRPL, need more substantial use despite their presence within the blockchain ecosystem for more than a decade….
U.S. Judge dismisses antitrust lawsuit against Apple filed by Venmo and Cash App users
Vince Chhabria, a United States District Judge, has thrown out an antitrust suit against Apple, which was filed by Venmo and Cash App customers. The complaint which was launched in San Jose on November 17, 2023, accused Apple of anti-competitive practices within the iOS App Store. Accusations pointed at Apple’s restrictive policies that apparently had restrained…
Square Enix’s Bold Move: Injecting $14 Million into Elixir Games
Elixir Games has just received $14 million in seed funding. The round of funding is supported by Square Enix, the creators behind epic titles like Final Fantasy, alongside Shima Capital and the Solana Foundation. This signals that the gaming world is on the brink of something new and exciting. A fresh take on gaming The…
Casa Launches Global Inheritance Solution for Secure Digital Asset Transfer
Casa, a leading provider of self-custodial digital asset solutions, is taking a significant step forward by making its innovative inheritance product available to customers worldwide. This move aims to address what Casa identifies as the most pressing issue in self-custody: ensuring the safe transfer of digital assets, such as bitcoin, ether, and stablecoins USDT and…
Zircuit Unveils Build-to-Earn Program to Boost Ecosystem Growth
Zircuit is a cutting-edge ZK roll-up platform known for its full EVM compatibility, parallelized circuits, and ai-enhanced security. Zrcuit announced the launch of its Build to Earn program. The initiative which is designed to reward builders, founders, and community members who actively contribute to the Zircuit ecosystem. This initiative also has significant support from industry…
Hashdex and Tidal partner to introduce groundbreaking Bitcoin ETF
Hashdex Asset Management Ltd. and Tidal Investments LLC have transformed the investment landscape. They have renamed the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI). This ETF, under ticker NYSE Arca: DEFI and CUSIP: 88634V100, is a spot Bitcoin fund. It follows the NQBTCS – from March 27, 2024. This key development denotes…
KuCoin Launches $10M Airdrop Following US Legal Charges
KuCoin, a cryptocurrency exchange, has released information that covers a $10 million airdrop of Bitcoin (BTC) and KuCoin (KCS) token. This news was brought by the CEO, Johnny Lyu, in a community–support” target=”_blank” rel=”noreferrer noopener nofollow”>blog post on the exchange’s Website on March 27. The announcement was made shortly after the United States Justice Department…