Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The cryptocurrency market has been experiencing a period of volatility recently, with many tokens experiencing significant price swings. One token that has been particularly hard hit is Ethena (ENA), which has lost over 30% of its value in the past week. The Ethena whale, who is believed to hold a significant amount of the token, … Read more
Uniswap (UNI), the native token of the decentralized exchange Uniswap, has shown signs of recovery after a recent 18% dip. The price of UNI fell from a high of around $8.50 to a low of around $7.00 in a matter of days, but has since rebounded to around $7.50. There are a few possible explanations … Read more
Lido, the Ethereum staking giant, is venturing into the burgeoning “restaking” landscape through a strategic collaboration with Symbiotic and Mellow Finance. This move comes as restaking gains traction within the decentralized finance (DeFi) ecosystem, posing a potential challenge to Lido’s dominance. Restaking Vaults: A New Yield-Generating Avenue The collaboration will introduce “restaking vaults,” a novel concept allowing users to … Read more
The sun has set on AIBC Asia 2024, held at the SMX Convention Center in Manila, Philippines. Over the past 10 days, this vibrant conference has brought together the leading minds and innovators shaping the future of technology. From artificial intelligence (AI) and blockchain to quantum tech and the Internet of Things (IoT), AIBC Asia … Read more
Leading cryptocurrency exchange OKX has experienced a significant outflow of funds, totaling over $633 million, within a span of seven days. This massive withdrawal surge has been attributed to mounting concerns regarding the platform’s security, fueled by circulating rumors and speculation. The Outflow Wave and Security Concerns Data from various blockchain analytics platforms reveals the … Read more
W3GG, pronounced “WE GG”, is a major player in the burgeoning world of play-to-earn gaming in Southeast Asia. Originally an offshoot of the well-known Yield Guild Games (YGG), W3GG has evolved into a distinct organization with its own goals and leadership. Here’s a breakdown of what W3GG is and what it means for gamers: From … Read more
In today’s digital world, a strong online presence is crucial for any business or organization. ZEX PR Wire steps in to help you achieve just that by offering a comprehensive suite of PR and content distribution services. What is ZEX PR Wire? Founded in 2020, ZEX PR Wire is a Software-as-a-Service (SaaS) platform that empowers … Read more
The Sandbox, a popular open-world metaverse where players can create, play, own, and monetize their experiences, boasts a rich history and a dedicated team behind its success. While some sources might mention just one or two founders, The Sandbox was actually co-founded by three individuals who brought their unique expertise to the table: 1. Sébastien … Read more
The world of blockchain technology is brimming with innovation, but one major challenge persists: scalability. Many popular blockchains struggle to handle a large volume of transactions, leading to slow processing times and high fees. Conflux Network emerges as a potential solution, offering a unique approach to tackle this hurdle without compromising security. What is Conflux Network? Conflux … Read more
In an era dominated by data, the way we manage and control our information is more critical than ever. Verida Network, a decentralized public infrastructure (DePIN) ecosystem, is at the forefront of this revolution, offering a unique approach to data management that prioritizes user control, privacy, and performance. Understanding DePIN Technology DePIN, or Decentralized Physical Infrastructure … Read more