Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Friend.tech, a recently released decentralized social (DeSo) network, generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosyste...

1 year ago

Crypto Trends: Pepe Coin Price, Shiba Inu Partnerships & DogeMiyagi ROI Potential

Shiba Inu Partnership

Crypto Trends: Pepe Coin Price, Shiba Inu Partnerships & DogeMiyagi ROI Potential

The most beautiful and terrifying element when it comes to cryptocurrency is its inherent uncertainty. As Michael Corleone, portrayed by Al Pacino in The Godfather: Part III, said, “Just w...

1 year ago

Full XRP Support and Reserves Confirmed by Major Platform's CEO

Uphold CEO Simon McLoughlin voices strong support for XRP amid recent price drop

Full XRP Support and Reserves Confirmed by Major Platform's CEO

In an interesting move, Uphold's CEO, Simon McLoughlin, highlighted the company's enduring commitment to the XRP community, shedding light on the safety of funds and the paramount import...

1 year ago

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

Nine crypto companies raised a collective $158 million in fresh funding this week, with ZetaChain being a top performer among them.  The blockchain developer put $27 million on th...

1 year ago

Oman Introduces a Crypto Mining Center Valued at $350 Million

This is the second major crypto mining facility that popped up in Oman after the one in November 2022.

Oman Introduces a Crypto Mining Center Valued at $350 Million

Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The fac...

1 year ago

China's Deflationary Woes and the Ripple Effect on Bitcoin

China's economy slipping into deflation for the first time in more than two years

China's Deflationary Woes and the Ripple Effect on Bitcoin

China's economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC).  In the la...

1 year ago

FTX CEO Seeks Settlement for $175M Dispute with Genesis

FTX Lenders Seek UCC Intervention Amid Dissatisfaction Over Proposed Resolution.

FTX CEO Seeks Settlement for $175M Dispute with Genesis

A cryptocurrency exchange FTX, CEO, John J. Ray III, filed a motion to resolve a $175 million dispute with Genesis, marking a substantial reduction from their initial $4B claim. ...

1 year ago

Judge Approves Investment Banker as Declarant in SEC vs. Ripple Legal Battle

Ripple legal battle

Judge Approves Investment Banker as Declarant in SEC vs. Ripple Legal Battle

In the latest development of the legal case between the United States Securities and Exchange Commission and Ripple Labs, Judge Analisa Torres has approved the participation of an investment ban...

1 year ago

Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025

Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry.

Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025

Sichuan’s government unveiled an ambitious draft action plan with an aim to cultivate the nascent metaverse industry into a colossal market worth 250 billion yuan ($34....

1 year ago

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

Shiba Inu developers on Wednesday were set to push live the much-awaited Shibarium blockchain, an Ethereum layer-2 network that uses SHIB tokens as fees, a representative told CoinDesk.

1 year ago

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