Wollito UAB

The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.

Polygon proposes upgrading MATIC into a multipurpose token for all chains

Ethereum layer-2 development firm Polygon proposed upgrading its Polygon MATIC $0.8491 token to a multipurpose token that can be used to validate multiple chains. The pr...

1 year ago

Jeremy Allaire warns that US dollar dominance is waning as other nations outpace the US on financial innovation.

The US Dollar Is Under Threat, Says Circle CEO in Warning to Congress

Circle CEO Jeremy Allaire had a firm warning for policymakers on Thursday: Protect stablecoins or the US dollar will lose global dominance. “If the dollar is to remain the w...

1 year ago

Crypto bears and short speculators have been liquidated en-masse today as altcoins go on a tear following Ripple’s victory against the SEC.

Crypto Liquidations Pile High to $290M After Altcoin Rally Blows Out Short Positions

Crypto liquidations have approached $300 million over the past 24 hours, according to Coinglass data. It likely comes as no surprise that the majority of them were short positions. ...

1 year ago

A trio of on-chain metrics point to confidence in Ethereum’s underlying asset as institutions mull greater exposure to the asset class

Ethereum activity on the rise as on-chain metrics print fresh highs

The total value of staked ether (ETH) continues apace, reflecting positive signs of growth and stability for the world’s second-largest digital asset. Following Ethereum&rs...

1 year ago

A report by NFT Gators reveals a lack of Threads adoption by major crypto brands

Can Threads dethrone Crypto Twitter? New report suggests not

Despite the exponential growth of Threads, Meta’s Twitter competitor, a significant portion of the crypto community remains loyal to Twitter. As reported by NFT Gators,...

1 year ago

After a lackluster start to July, The Sandbox (SAND) price finally broke above the critical $0.40 resistance this week. Can the bullish investors build momentum to continue the SAND price recovery mission?

Can The Sandbox (SAND) Continue Recovery Mission Despite Metaverse Woes?

Considering critical data points such as hiring rates and Google search results, global interest in the Metaverse and GameFi sectors has declined over the...

1 year ago

Bitget currently has a martingale AI trading bot and a grid trading AI bot on its platform.

‘AI helps traders utilize more intuitive strategies,' says exchange

On July 11, cryptocurrency exchange Bitget launched an artificial intelligence (AI)-powered feature for its grid trading strategies, leveraging the use of trading algorithms to automate transact...

1 year ago

NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.

Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

Nonfungible token (NFT) creator and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year. On July 13, Dapper Labs CEO Roham Gharegozlou announ...

1 year ago

BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security.

BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain

The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will allow the blockchain to “halt” the production of new blocks if certain...

1 year ago

Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud computing and GPUs.

Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

Crypto mining firm Hive Blockchain has rebranded to Hive Digital Technologies to highlight its foray into artificial intelligence (AI). In a July 12 statement, the Vancouver, Cana...

1 year ago