Industry News
Blast mainnet launch sees $400M withdrawn
The eagerly anticipated mainnet launch of Blast, the innovative meme coin blockchain scaler solution, took place on February 29, 2024 at 9:00 pm UTC. This highly anticipated event marked a significant milestone in Blast’s development as it allowed users to unlock previously staked cryptocurrencies, leading to an initial withdrawal of approximately $400 million worth of…
The Mandalorian Star Wars Game by Respawn: A Promising Concept Unveiled
In the realm of blockchain–gaming-see-resurgence-crypto-boom/” target=”_blank” rel=”noopener”>blockchain gaming, recent insider reports have shed light on an intriguing development within the world of Website video integration games: Respawn Entertainment’s shelved Mandalorian-themed project. This revelation has sparked significant interest among gaming enthusiasts, providing tantalizing insights into the captivating mechanics and immersive gameplay that could have graced the…
Rockstar Faces Backlash Over Return to Office Policy Amid GTA 6 Development
Amidst rumors that Grand Theft Auto 6 (gta 6) might be released as early as 2025, Rockstar Games has found itself at the heart of an employee controversy. The company’s recent decision to mandate a full-time return to office policy has been met with criticism and concerns from staff members who have benefited greatly from…
4 Crypto To Buy Before The Next Bitcoin Halving In 2024
Title: Preparing for the Next bitcoin Halving: ethereum, solana, dogecoin, and cardano Poised to Shine The crypto market is witnessing a significant surge in investor optimism as the premier digital currency, bitcoin, broke through the $61,000 barrier. This bullish trend has triggered a rally across various altcoins, with investors looking forward to the upcoming bitcoin…
GameSquare Sells Complexity Gaming for Over $10 Million
GameSquare Holdings Announces Sale of Complexity Gaming to Global Esports Properties, LLC for Over $10 Million Background of Complexity Gaming under GameSquare Holdings In a recent announcement, GameSquare Holdings, Inc. (NASDAQ: GAME) (TSX.V: GAME) revealed the sale of its highly regarded esports team, Complexity Gaming, to Global Esports Properties, LLC. This deal, encompassing all assets…
Tornado Cash traffic tanks 93% in the wake of sanctions, Chainalysis data shows
The latest data from Chainalysis has revealed a significant decline in inflows to the decentralized financial platform, Tornado Cash, following the imposition of sanctions. The statistics indicate a staggering 93% decrease in monthly inflows compared to the averages before the sanctions were enforced, underlining the impact of regulatory measures on privacy-focused projects like Tornado Cash….
Robinhood teams up with Arbitrum to revolutionize Web3 wallet swaps
Robinhood and Arbitrum: A Game-Changing Partnership for Enhanced Web3 Wallet Functionality Robinhood, the popular trading platform known for its stock and cryptocurrency brokerage services, has recently announced a collaboration with Arbitrum, an ethereum Layer 2 scaling solution. This strategic partnership aims to optimize swaps on Robinhood’s Web3 Wallet by leveraging Arbitrum’s advanced technology, ultimately enhancing…
SEC Commissioner Hester Peirce advocates for decentralization in the U.S. financial system
Title: Crypto Mom Hester Peirce Emphasizes Decentralization and Regulatory Clarity at eth Denver Commissioner Hester Peirce of the United States Securities and Exchange Commission (SEC), affectionately known as “Crypto Mom,” delivered a compelling speech at the eth Denver conference, reiterating her unwavering support for cryptocurrencies and emphasizing the significance of decentralization within the U.S. financial…
Why has the crypto market rejected Bitcoin at $64K?
The recent rejection of bitcoin (btc) at the $64,000 mark has sparked significant discussion within the cryptocurrency market. Despite its impressive upward momentum, several factors may be contributing to this rejection. bitcoin’s meteoric rise since March, which has seen it reach an all-time high of $64,000, has resulted in a highly overbought market. Investors have…
Brazil welcomes BlackRock’s iShares Bitcoin ETF with March trading start
Revolutionizing Brazilian Investment: BlackRock Introduces iShares bitcoin Trust ETF BlackRock, the global leader in asset management with over $9 trillion in assets under management (AUM), has taken a significant stride forward by launching its iShares spot bitcoin exchange-traded fund (ETF) Brazilian Depositary Receipt (BDR) in partnership with B3, Brazil’s financial market infrastructure provider. This groundbreaking…
Crypto hacks and rug pulls increase rapidly in Q1 2024
The Surge of Crypto Hacks and Losses in the First Quarter of 2024: A Report by Immunefi The digital terrain of the cryptocurrency market has witnessed a dramatic rise in financial losses due to malicious activities, such as hacks and rug pulls, in the initial quarter of 2024. Immunefi, a renowned blockchain Website security firm,…
Crypto.com partners with BTG Pactual to foster crypto accessibility
Crypto.com Collaborates with BTG Pactual: A Strategic Partnership to Expand Cryptocurrency Services in Latin America Singapore-based cryptocurrency exchange, Crypto.com, has recently announced a significant strategic collaboration with BTG Pactual, Latin America’s largest investment bank. This partnership marks an important milestone as it involves the listing of BTG Dol, BTG Pactual’s Dollar-pegged stablecoin, on Crypto.com’s platform,…
Robinhood announces integration of Arbitrum swaps in Robinhood wallet
Robinhood, a leading financial services platform known for its stock trading capabilities and foray into cryptocurrency, has revealed plans to incorporate Arbitrum swaps into its Robinhood Wallet. This groundbreaking announcement was made at ETHDenver, marking a significant stride in providing users with increased access to decentralized finance (DeFi) opportunities. Robinhood and Arbitrum: A Powerful Duo…
Floki devs announce plans to burn $11 million worth of tokens
Proposed token Burn by Floki (FLOKI) Developers: A Strategic Move to Enhance Scarcity and Bolster Network Security Floki (FLOKI), a dog-themed crypto platform, is under consideration for a significant change: a proposal to burn 2% of its circulating token supply. This move, according to the developers, is intended to increase scarcity and strengthen network Website…
OKX integrates Uniswap Labs’ API to enable gas-free trading on its DEX
Leading cryptocurrency exchange, OKX, has made waves in the Decentralized Finance (DeFi) space with its latest offering, a revolutionary new feature called “Snap,” now available on its decentralized exchange (DEX) platform. This groundbreaking integration utilizes uniswap Labs’ application programming interface (API), enabling gas-free trading for users. Addressing Common Challenges in Decentralized Finance Jason Lau, the…
Hong Kong crypto exchanges face shutdown deadline
The Securities and Futures Commission (SFC) of Hong Kong has issued a stern warning to cryptocurrency exchanges operating without the necessary licenses within its jurisdiction. The SFC’s directive, which came into effect on February 29, 2024, mandates that exchanges that have failed to apply for licenses must initiate winding up procedures. The deadline for completing…
Gemini announces settlement for earning users’ crypto assets
In a noteworthy turn of events for those affected by the bankruptcy of Genesis, the parent company of the Earn program, cryptocurrency exchange Gemini has announced plans to return digital assets to its Earn users. This news was shared on February 28, 2024, providing hope and reassurance to individuals who have experienced financial losses as…
Crypto markets on high FOMO alert – Here’s what’s happening
The cryptocurrency markets are currently experiencing a heightened sense of excitement and apprehension, as investors grapple with the fear of missing out (FOMO) on potential profits. This emotion, commonly referred to as FOMO in crypto circles, can significantly impact market dynamics and lead to increased volatility and speculative trading activity. In this article, we delve…
Crypto analysts forecast Altcoins frenzy – Get ready to diversify
Crypto analysts and experts are currently forecasting an imminent altseason, a period where alternative cryptocurrencies (altcoins) experience significant price surges. This anticipation is fueled by several factors that suggest an altcoin takeover is inevitable, as bitcoin maintains its position above the $62,000 mark. The Inevitability of an Altcoin Takeover As bitcoin continues to surge to…
Silence Laboratories Secures $4.1 Million to Advance Cryptographic Security
Revolutionizing Cryptographic Security: Silence Laboratories Secures $4.1 Million in Funding In a groundbreaking development for the domain of cryptographic Website security, Silence Laboratories, a trailblazing startup specializing in Multiparty Computation (MPC) technology, has recently closed a $4.1 million funding round. This investment, jointly led by Pi Ventures and Kira Studio, with additional contributions from several…