Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Norges Bank, Norway’s central bank, is taking a measured approach to the development of a Central Bank Digital Currency (CBDC). While other European nations like Switzerland are actively pursuing CBDC projects, Norway is prioritizing a thorough evaluation of the potential benefits and risks. A Focus on Wholesale CBDC Currently, Norges Bank is primarily focused on … Read more
Cryptocurrency exchange Bybit has announced the listing of X, the digital asset associated with X Empire, a play-to-earn (P2E) game on Telegram. The token will be available for trading on Bybit’s spot market starting today, October 24, at approximately 12:00 PM UTC. Bybit began accepting X deposits on October 18, and withdrawals will be available … Read more
Bitcoin mining company TeraWulf has announced its intention to raise $350 million through the offering of convertible senior notes. The funds will primarily be allocated to support a $200 million share repurchase program. In a statement released on Wednesday, TeraWulf revealed that initial purchasers of the notes will have the option to add an additional … Read more
The notorious North Korean hacking group Lazarus has once again demonstrated its sophisticated cyber capabilities by exploiting a zero-day vulnerability in Google Chrome to steal cryptocurrency wallet credentials. The group used a fake blockchain-based game called DeTankZone to lure unsuspecting victims. The game featured non-fungible tokens (NFTs) and offered the kind of excitement and rewards … Read more
In a significant move, Salvadoran President Nayib Bukele has announced a donation of 2 bitcoins, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras. This initiative aligns with El Salvador’s ongoing commitment to enhancing education and infrastructure through cryptocurrency. Commitment to Bitcoin This donation is part of a broader strategy, as … Read more
Base, a layer 2 scaling solution built on Ethereum, has recently implemented a new security feature known as fault proofs. This mechanism allows anyone to dispute an incorrect withdrawal transaction, ensuring greater transparency and decentralization within the network. How Fault Proofs Work: Dispute Mechanism: Fault proofs empower users to challenge fraudulent or invalid withdrawal transactions … Read more
The Toncoin (TON) network has witnessed a sharp decline in active addresses, marking its lowest levels since April. This downturn can be attributed to the underwhelming impact of recent Telegram airdrops, which failed to sustain user engagement and enthusiasm. Telegram Airdrops and Market Sentiment: The launch of DOGS and Hamster Kombat, two prominent Telegram airdrops, … Read more
Prove AI, a provider of AI governance solutions, has announced a strategic shift to develop its flagship product exclusively on the Hedera network. This transition aims to enhance the governance of AI by ensuring the secure and transparent management of AI training data. As the use of AI continues to grow, there is an increasing … Read more
In a significant development in the cryptocurrency landscape, DWF Labs has announced a collaboration with the Ethereum-based altcoin Neiro. This partnership is set to enhance the NEIRO marketplace and strengthen its community, generating excitement among investors and enthusiasts alike. DWF Labs expressed their enthusiasm in a recent statement, highlighting their commitment to working closely with … Read more
Aave, one of the leading decentralized lending platforms, continues to shine in the world of decentralized finance (DeFi). With a strong total value locked (TVL), Aave has navigated the volatile crypto landscape seamlessly, boasting an impressive operational track record without any significant technical issues. Aave User Base Expands Dramatically Recent statistics reveal that Aave has … Read more