Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Vitalik Buterin, co-founder of Ethereum, recently voiced his support for an announcement made by engineer Haofei on the decentralized social media platform Farcaster. Haofei revealed plans for the platform to make “Likes” private, a move aimed at addressing issues of preference falsification, where users may misrepresent their true preferences due to social pressure or fear. … Read more
Uniswap’s price surged over 20% in the last 24 hours, reaching $10.99, its highest point since early April. The bullish trend suggests that increased buying pressure might drive UNI towards the March high of $15.40.UNI, the native token of the leading decentralized exchange (DEX) platform Uniswap, is potentially one of the top assets to benefit … Read more
According to a Bloomberg report, Sam Bankman-Fried, co-founder of the FTX cryptocurrency exchange, has been relocated to a temporary detention facility in Oklahoma. This transfer occurred despite a federal judge’s request to keep him in New York to assist with his appeal. Bankman-Fried is currently dealing with the repercussions of his conviction for orchestrating a … Read more
Recent research indicates that the size of airdrops has a surprisingly minimal effect on token price performance. Contrary to the widespread belief that larger token distributions cause significant price movements, multiple studies reveal that this is not typically the case. Less Influential Airdrop Size on Price Movement In the world of cryptocurrencies, airdrops—a technique for … Read more
On Friday, May 24, 2024, the Dogeverse (DOGEVERSE) presale is nearing its conclusion, with the final opportunity for participation ending at 10 am UTC on June 3, 2024. This is the last chance for investors to enter this distinctive multi-chain project, featuring the $DOGEVERSE meme token, which has already garnered over $15 million, highlighting its … Read more
Dabba, a decentralized physical infrastructure network (DePIN) aimed at providing affordable wireless data access to underserved populations, has announced the launch of its second campaign, allowing users worldwide to purchase Wi-Fi hotspots. This initiative follows a successful testnet phase that distributed over 1,500 hotspots to rural and semi-urban areas in India. The latest campaign will … Read more
NEAR Protocol’s co-founder, Illia Polosukhin, has revealed ambitions to establish it as the premier ecosystem for advancing AI research and applications for the future. Initially conceived as an AI-focused venture, NEAR Protocol transitioned towards blockchain and payment solutions during its developmental stages, aiming to capitalize on the synergies between these technologies. The concept of user-owned … Read more
After securing an extra $15 million in funding in March, Taiko, a fresh Ethereum Layer-2 solution, has officially initiated an airdrop. Taiko TKO Token Airdrop Announces Eligibility And Claim Periods On May 22, an airdrop of Taiko TKO tokens was announced, signifying the end of two years of development inside the zkEVM Taiko framework. For … Read more
Metaplanet, a Japanese investment firm taking cues from MicroStrategy’s Bitcoin playbook, has witnessed an extraordinary surge in its stock price, soaring by 158% in the past week, making it the top gainer among all Japanese stocks. Currently priced at 93 Japanese yen, Metaplanet’s shares have spiked by 127% in just two days, triggering circuit breaker … Read more
Polygon, the Ethereum scalability solution addressing the network’s scalability challenges, has reached a significant milestone: 4 billion total transactions. This accomplishment stands out, especially considering that the network was launched merely four years ago in June 2020. To put it in perspective, Bitcoin took an astonishing 15 years to achieve 1 billion transactions, underscoring the … Read more