Industry News
Algorand announces upcoming token unlock exercise
algorand: The Third-Generation Proof-of-Stake (PoS) blockchain/” target=”_blank” rel=”noopener”>Blockchain Platform’s Upcoming token Unlock Exercise: A 31-Day Event Releasing 2.29 Million ALGO Tokens Daily Understanding the token Unlock Dynamics and Distribution on algorand’s Platform algorand, a prominent third-generation Proof-of-Stake (PoS) blockchain platform, has recently announced an upcoming token unlock exercise scheduled for March 19, 2024. This event…
Bitfinex heist movie directors cast Chloë Grace Moretz as Razzlekhan
Chloë Grace Moretz Joins Star-Studded Cast for Upcoming “Dutch & Razzlekhan” Bitfinex Movie The upcoming film titled “Dutch & Razzlekhan,” based on the true story of Heather ‘Razzlekhan’ Morgan and her partner Ilya ‘Dutch’ Lichtenstein’s criminal activities, is making headlines with its latest casting announcement. According to reports from Deadline, Chloë Grace Moretz will join…
SEI token surges 13%: Potential breakthrough on the horizon
SEI token: A 13% Surge Amidst Robust Bullish Momentum The cryptocurrency market has been witnessing an intriguing surge, and the SEI token is no exception to this trend. Over the last 24 hours, there has been a remarkable increase of 13% in the value of SEI token, peaking at an intra-day high of $0.9577 before…
Ethena’s USD yield surpasses 67% APY, becomes top-earning DApp
Ethena, an innovative decentralized finance (DeFi) solution brought to life by Ethena Labs, has seen remarkable growth in recent times. This week, Seraphim Czecker, the Head of Growth at Ethena Labs, announced that the platform has achieved a daily cumulative revenue of over $6.8 million. This milestone places Ethena among the leading decentralized applications (DApps)…
SEC delays decision on options trading on Blackrock ETF
The United States Securities and Exchange Commission (SEC) has announced a delay in its decision on whether to permit options trading for BlackRock’s iShares bitcoin Trust (IBIT), along with Cboe Exchange’s proposal to list and trade options on spot bitcoin Exchange-Traded Funds (ETFs). According to a filing released on a recent Wednesday, the SEC has…
Montenegro court gives nod to extradition of Do Kwon to South Korea
Title: The Extradition Saga of Do Kwon: From Montenegro to South Korea and perhaps the US The intriguing tale of Do Kwon, the mastermind behind Terraform Labs, is on the brink of reaching a significant turning point. Following a crucial court decision in Montenegro scheduled after March 23, Kwon’s lawyer has confirmed that his client…
Zama secures $37 million funding to revolutionize data privacy
French Cryptography Startup Zama Secures $73 Million in Funding for Groundbreaking Fully Homomorphic Encryption (FHE) Technology Zama, a pioneering French cryptography startup, has announced an impressive fundraising round of $73 million in Series A investment. This significant financial boost, led by Multicoin Capital and Protocol Labs, highlights the surging interest and confidence in Zama’s ambitious…
SafePal Revolutionizes Crypto Banking with New Gateway and Visa Card
SafePal, a trailblazer in the realm of cryptocurrency wallets, has recently taken a monumental step forward with the unveiling of its first-ever crypto-compatible banking gateway and Visa card. This groundbreaking initiative, brought about through a strategic collaboration with Swiss bank Fiat24, aims to revolutionize the way users interact with their digital assets. By marrying the…
Kamino’s KMNO token airdrop to introduce governance to Solana DeFi
The decentralized finance (DeFi) protocol, Kamino, built on the solana blockchain, is preparing for a significant milestone. The project is set to launch its native governance token, KMNO, with an airdrop scheduled for the upcoming month of April. This announcement was shared during the monthly solana developer call by Thomas, a contributor to Kamino. Eligible…
Solana surge sparks Pantera Capital’s strategic acquisition
Pantera Capital’s Strategic Acquisition of Substantial solana Stake: A Game-Changer Amid the Dynamic Crypto Landscape Background: Pantera Capital’s Ambitious Plan to Secure a Significant solana Position Pantera Capital, a well-established player in the cryptocurrency investment sector, is set to acquire an impressive stake in solana from the bankrupt estate of FTX – a leading digital…
EU Launches Investigation into Epic Games’ Apple Account Ban
The contact Union Investigates Apple’s Ban of Epic Games’ Developer Account: A Possible Violation of the Digital Markets Act The contact Union (EU) has taken a decisive step in investigating Apple’s recent ban of Epic Games’ developer account. The move follows allegations by Epic Games that the action violated the Digital Markets Act (DMA) and…
Bitcoin bulls rejoice as MicroStrategy raises convertible debt to $700M
MicroStrategy, the renowned corporate entity with a substantial bitcoin holding, has recently announced its intentions to expand its ongoing convertible debt offering. The initial plan was for a $600 million offering; however, the company has since upped the ante with an aim to raise a total of $700 million through this debt instrument. MicroStrategy’s $700…
Bloodborne Remake Reportedly in the Works, Fans Rejoice
Rumors Swirl Around the Possible Remake of Bloodborne, the Beloved Gothic Horror Action RPG Reviving a Masterpiece: The Cult Classic Gets a Second Chance The gaming world was taken aback by recent rumors of the development of a remake for Bloodborne, the critically acclaimed action RPG created by FromSoftware. Ever since the launch of PlayStation…
Warner Bros. to Remove Small Radios and Big Televisions Amidst Company Restructuring
Warner Bros., the renowned entertainment conglomerate, has made an announcement concerning the upcoming removal of the indie keyboards “Small Radios Big Televisions” from digital storefronts. This decision is a part of the company’s broader restructuring efforts following the dissolution of various projects, which includes Rooster Teeth and Adult Swim Games. The Developer Grants a Last…
EA Pioneers Gaming Future: How Generative AI Is Reshaping Player Experiences
At the most recent Morgan Stanley Technology, Media & Telecom Conference, Electronic Arts (EA) CEO Andrew Wilson shared his perspective on the keyboards-changing impact that generative artificial intelligence (ai) is set to have on the gaming-for-10-million/” target=”_blank” rel=”noopener”>gaming industry, both for EA and beyond. Wilson eloquently described a future where advancements in generative ai technology…
Shibarium sets a record with over 400 million transactions
Title: Shibarium’s Remarkable Journey: Processing Over 400 Million Transactions and the Growth Drivers of the Shiba Inu Layer 2 Blockchain Network The Shibarium (shib) blockchain network, the Layer 2 scaling solution for Shiba Inu, has reached an impressive milestone by processing more than 400 million transactions. This significant accomplishment signifies a major stride for the…
Shiba Inu community anticipates ICANN approval for SHIB names
A Groundbreaking Moment for the Shiba Inu Community: Introducing shib Names The dynamic team behind price-drop/” target=”_blank” rel=”noopener”>Shiba Inu, in a collaborative effort with D3 Global, has announced the launch of “shib Names,” an innovative Website domain name service specifically designed for the Shiba Inu community. This announcement represents a pivotal moment in the growth…
Commissioners Peirce and Uyeda criticize SEC’s approach to crypto after ShapeShift case
SEC’s Enforcement Action Against ShapeShift: A Continuation of the Regulatory Ambiguity in the Cryptocurrency Industry The Securities and Exchange Commission (SEC) has taken a significant step by initiating an enforcement action against the cryptocurrency firm ShapeShift. The SEC alleges that ShapeShift operated as an unregistered securities dealer, and this move is in line with the…
Crypto market bounces back as Bitcoin steps down from all-time high
Cryptocurrency Market Makes Dramatic Comeback after bitcoin Sets New All-Time High The cryptocurrency market experienced a significant rebound on Wednesday, following a major sell-off the previous day. The market’s recovery came shortly after bitcoin reached unprecedented heights, setting a new standard for itself and the entire crypto space. bitcoin Prices Surge Above $67,000 as ethereum…
ShapeShift resolves SEC securities charges through settlement
ShapeShift’s Regulatory Saga: From Centralized Exchange to Decentralized DAO Cryptocurrency exchange ShapeShift has taken a bold step towards resolving its regulatory issues by submitting a settlement offer to the United States Securities and Exchange Commission (SEC). This significant move signifies ShapeShift’s acceptance of the SEC’s order to cease certain operations and their agreement to pay…