The annual Token2049 crypto conference in Dubai continued as planned this week, even as heavy rains swept through the United Arab Emirates (UAE), causing massive flooding. Thousands of attendees were reportedly left stranded after storms dumped more than a year
Among the numerous memecoins that have lately surfaced on the Solana blockchain is SHROOM and it has shown massive dominance. On March 20, the Shroom token, a memecoin with a mushroom theme but no inherent value or underlying utility; was
In 2023, web3 apps soared 124%, with blockchain gaming leading the way at 34% dominance. Non-fungible tokens (NFTs) and decentralized finance (DeFi) also surged, reaching $103 billion in TVL. According to a Jan. 11 study from blockchain analytics company DappRadar,
In a landmark ruling, U.S. Bankruptcy Judge John Dorsey has given crypto exchange FTX the go-ahead to liquidate up to $3.4 billion in cryptocurrency assets. The decision sets a legal precedent and serves as a lifeline for FTX to repay
While the broader crypto market is mired in a protracted slump, one segment has emerged as a phoenix rising from the ashes: liquid staking. According to a recent Bloomberg report, assets locked in liquid staking services have surged 292% to
Following a security breach that removed $1 million from its funds, the decentralized futures trading platform Cypher has unveiled its comprehensive recovery strategy. Operating on the Solana blockchain, the platform faced severe scrutiny after it paused its smart contract, promptly
Leading cryptocurrency exchanges are readjusting their services for U.S. investors in reaction to the shifting regulatory landscape. Bitstamp, founded in 2011, has announced the suspension of seven cryptocurrencies, including Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
Web3 Metaverse firm Cosmic Wire has raised millions of dollars in a seed funding round led by the Solana Foundation and Polygon. Cosmic Wire captured $30 million in startup capital funds between the two crypto projects and other investors. Greg
Payment giant Mastercard is no stranger to the cryptosphere, having offered crypto-linked payment cards for a number of years. But now the company is seeking to “bring more trust to blockchain transactions” via a new offering called Crypto Credential. Mastercard
Solana Labs, the development team behind popular blockchain technology Solana, has released its own ‘crypto smartphone’. The new device, named Saga, will be backed by Android’s latest operating system, Android 14, and goes on sale on May 8. Crypto phones
Bitcoin Ordinals non-fungible token (NFT) has received good news as a new creator Launchpad has been introduced which will help all creators securely mint their inscriptions before trading them off to collectors. Bitcoin Ordinals NFT creator Launchpad was triggered by
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