Upland’s Innovative Airdrop Fuels Web3 Engagement
Upland, a pioneering crypto game that intricately maps the digital world to real-world locations, announced on Friday the launch of its “Share and Build” airdrop series. This series represents a strategic effort to galvanize the community and welcome newcomers as Upland gears up for the integration of its Ethereum token. At the heart of this […]
Bybit Faces Scrutiny in Hong Kong
Bybit, a prominent cryptocurrency exchange, has been earmarked as a “suspicious” entity by Hong Kong’s financial watchdog. This development unfolds even as Spark Fintech, Bybit’s local branch, pushed forward with its application for a crypto exchange license earlier this year, showcasing the complex and often murky waters of crypto regulation and compliance. The Hong Kong […]
Crypto Market Cap Set to Triple by 2025
Bernstein, a leading global analytical firm, has forecasted a dramatic increase in the cryptocurrency market capitalization, suggesting it could surge to $7.5 trillion by the end of 2025. This bold prediction underscores a potential tripling from today’s $2.6 trillion valuation, spearheaded by significant growth in Bitcoin, the Ethereum ecosystem, and leading blockchains such as Solana […]
Meme Coin Rally Outshines Crypto Market
The meme coin market cap has surged by over 9% in the past 24 hours, overshadowing the broader crypto market, which experienced a slight downturn of over 0.2% during the same timeframe. This significant growth in meme coins, a sub-sector often viewed with scepticism by traditional investors, underscores a shifting dynamic in investor sentiment and […]
Ethereum’s Dencun Ushers in New Era of Low Fees
The Ethereum network’s recent Dencun upgrade has catalyzed a seismic shift in the landscape of Layer-2 (L2) networks, such as Optimism, Zora, and Base, bringing transaction costs to unprecedented lows. This groundbreaking update has not only reduced transaction fees significantly but has also introduced a level of efficiency that could reshape how we interact with […]
NFT Market Faces Sharp Decline in Value
The non-fungible token (NFT) market has experienced a notable downturn over the past week, with the price floors of the top five NFT collections by market capitalization taking a significant hit. This recent development has cast a shadow over the once-booming NFT space, indicating a cooling interest among collectors and investors. Leading NFT collections such […]
Ark Invest Cuts Coinbase Stake Amid Surge
Ark Invest, led by the visionary Cathie Wood, has made significant adjustments to its holdings of Coinbase shares. On Tuesday, the firm divested an additional 106,000 shares across three of its flagship exchange-traded funds (ETFs), amounting to $27.2 million, as per the latest trade filings. Breaking down the sales, Ark Invest sold 66,387 shares valued […]
Coinbase Wallet Bolsters Security with Blockaid Integration, Saving Users Millions
Coinbase Wallet, a popular self-custody crypto wallet, has revealed a successful partnership with web3 security firm Blockaid. The five-month integration has yielded impressive results, with Blockaid estimated to have saved Coinbase Wallet users over $75 million from potential theft. This impressive feat stems from Blockaid’s proactive approach to on-chain security. Through a combination of scanning […]
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