Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 6
Super Bowl LVIII is set to opt for traditional humor and entertainment in commercials, shunning the inclusion of cryptocurrency and AI ads. With the Kansas City Chiefs gearing up to face the San Francisco 49ers on February 11, the focus is set on the event’s commercial ads. Quick Take: These ads engage millions of viewers
By Afroz Ahmad · February 3, 2024
Binance has taken decisive action by freezing $4.2 million worth of XRP following a $112 million hack on the personal wallet of Ripple co-founder Chris Larsen. In response to the breach, Binance acted swiftly to support fund recovery and prevent unauthorized use. Quick Take: It appears that the hacker was not targeting Ripple itself, but
By Afroz Ahmad · February 2, 2024
Doodles NFT Collection announced their new partnership with the renowned luxury watch brand G-Shock. The partnership will present new and unique watches from G-Shock with interesting designs. Moreover, the new venture will drive sales for Doodles NFTs. G-Shock X Doodles Partnership In a recent tweet, Doodles announced they are collaborating with G-Shock watches. In addition
By Anvi Saini · February 2, 2024
With the boost in NFT and Web3 domains, developers have launched various games for enthusiasts. Now, these games integrate blockchain technology and offer multiple features to attract gamers. Here are the best five Web3 and crypto games that you must try in 2024. Shrapnel Shrapnel, which will be available on the online platforms in early
By Anvi Saini · January 31, 2024
The rise of artificial intelligence is contributing to the development of various new technologies and gadgets. We saw the latest AI-powered gadgets this year at CES 2024. Here are the top five AI gadgets you should know about: Bird Buddy is a bird feeder gadget that uses artificial intelligence to identify the species of birds
By Anvi Saini · January 31, 2024
According to the Celo Foundation, Circle’s USD Coin (USDC) will go native on the Celo blockchain to enhance real-world use cases. The collaboration aims to leverage Celo’s mobile-first user base in regions with high blockchain adoption. Quick Take: Circle’s USDC will join Celo’s native proof-of-stake governance token, CELO. Moreover, the Celo blockchain is also transitioning
By Afroz Ahmad · January 31, 2024
Solana is a well-known platform in the Web3 and crypto space, with a vast number of projects available on it. The platform has recently gained popularity and profits among investors and developers. Moreover, the projects on the Solana network are gaining benefits. Furthermore, the platform offers high throughput and low fees for transactions. As per
By Anvi Saini · January 30, 2024
The dYdX Foundation has introduced liquid staking capabilities to the dYdX Chain. The blockchain is collaborating with a leading liquid staking provider in the Cosmos Ecosystem, Stride. Quick Take: This step will expand the utility and accessibility of the dYdX chain. Moreover, it will provide users with new opportunities to participate in decentralized finance (DeFi).
By Afroz Ahmad · January 30, 2024
Cardano has witnessed an explosive surge in the implementation of smart contracts, as it has surpassed the 10,000 mark in 2024. Along with this, a surge in transaction volume shows Cardano’s growing influence in the blockchain space. Quick Take: Cardano reported a staggering 67% increase in smart contracts, reaching a total of 24,050 V1 and
By Afroz Ahmad · January 28, 2024
The famous Web3 developer Find Satoshi Labs’ recently launched video game has generated $90 million. The game is called Gas Hero and offers NFT collectibles to enthusiasts. Now, the company has reported a huge profit from the venture. Gas Hero NFT collection Find Satoshi Labs released a statement, revealing the profit from the trading of
By Anvi Saini · January 27, 2024
Polygon, a Layer-2 scaling solution, almost matched Ethereum’s user acquisition rate in 2023. Blockchain analytics firm Flipside reported that the crypto community is experiencing a wider movement and shift in users than before. Quick Take: Polygon witnessed substantial user base growth, securing 15.24 million acquired users in 2023. This impressive figure positions Polygon just shy
By Afroz Ahmad · January 26, 2024
The well-known blockchain artist and DJ, Agoria, is all set to present his famous art at the Musee d’Orsay in Paris. The city is going to hold the first-ever NFT art exhibition, which will run from February 13 to March 10. Musee d’Orsay Exhibition The upcoming NFT art exhibition will have a large number of
By Anvi Saini · January 25, 2024
Microsoft has soared past a $3 trillion market capitalization, marking a historic achievement in the tech world. A major factor contributing to this growth is the company’s strategic focus on artificial intelligence (AI), particularly its significant investment in OpenAI. Quick Take: The company’s emphasis on AI technologies, notably its backing of OpenAI and the breakthrough
By Afroz Ahmad · January 25, 2024
In a recent move, FaZe Clan, a powerhouse in the esports and gaming industry, unveiled a multi-million dollar sponsorship deal with crypto gambling platform Rollbit. FaZe Clan’s top-ranked Counter-Strike 2 team will benefit from this landmark partnership. Quick Take: FaZe Clan’s collaboration with Rollbit represents a significant leap in the esports sponsorship sphere. As part
By Afroz Ahmad · January 23, 2024
Grayscale Investments is currently facing criticism for its alleged role in the recent crypto market meltdown. The spotlight is on Grayscale’s Bitcoin Exchange-Traded Fund (ETF) product, GBTC. Quick Take: The backlash comes in the wake of Grayscale underperforming in trading volume and net inflows compared to other major players like BlackRock and Fidelity Investments, following
By Afroz Ahmad · January 23, 2024
Shibarium, Shiba Inu’s Layer-2 blockchain, is closing in on 300 million transactions. It will be a significant milestone for the blockchain. Despite facing a recent dip in daily transaction counts, the network’s overall growth has been impressive. Quick Take: Introduced as Shiba Inu’s Layer-2 scaling solution, Shibarium has experienced rapid growth since its mainnet launch
By Afroz Ahmad · January 21, 2024
The new social multiplayer create-an-island game ‘Nifty Island’ was officially launched on Wednesday. The game is available in an open beta version for the public. The game also has options to mint NFTs and create immersive experiences. Nifty Island NFT Game Recently, a new NFT game, ‘Nifty Island’, has been launched in the market with
By Anvi Saini · January 18, 2024
PowerGold — a leading company in renewable energy solutions — is set to innovate the sustainable investment landscape with the launch of its ENP Token this March. Not only is the ENP Token a leap regarding eco-friendly investments, but it is also a tremendous step toward international participation in the eco-energy uprising. By utilizing blockchain
By Leah Waters · January 18, 2024
The freezing temperatures in Texas have triggered a significant 34% drop in Bitcoin’s hashrate. As the State faced subzero weather conditions, Bitcoin miners were compelled to cut back operations, impacting the state’s energy grid. Quick Take: This sudden freeze highlights the link between cryptocurrency mining and environmental factors. Moreover, it further shows the pivotal role
By Afroz Ahmad · January 18, 2024
The NHL’s Vegas Golden Knights have announced their new NFT collection, infused with real-world fan experiences. Not only that, the company is collaborating with Theta Labs for this new release. The partnership aims to present fans with unforgettable experiences through their new venture. Vegas Golden Knights NFT Collection A National Hockey League (NHL) team, the
By Anvi Saini · January 17, 2024
The Solana-based game ‘Nyan Heroes’ will now debut on the Epic Games Store. The developers of the game have recently announced its release. Nyan Heroes will have blockchain technology, aiming to boost the trend of NFT-powered online games. Nyan Heroes on Epic Store In a recent announcement, Epic Games Store has revealed its ‘coming soon’
By Anvi Saini · January 16, 2024
The renowned toy company Funko Pop is set to release its new collection, “Harry Potter Funko Pop NFT,” on January 23 at 11 AM PT. The company’s previous collection, “Squid Game Funko Pop NFT,” was seen as a misstep in the market. The Harry Potter NFT: Beyond Hogwarts Funko officially announced its upcoming ”Harry Potter
By Anvi Saini · January 16, 2024
A recent report from the United Nations Office on Drugs and Crime (UNODC) has implicated Tether’s USDT stablecoin in facilitating criminal activities across Southeast Asia. However, Tether has clapped back with a response now. Quick Take: The report, titled ”Casinos, Money Laundering, Underground Banking, and Transnational Organized Crime in East and Southeast Asia: A Hidden,
By Afroz Ahmad · January 16, 2024
The two renowned companies, Sony and Siemens, have collaborated to launch a new mixed-reality headset. Moreover, this headset will be for the industrial metaverse to help professionals with problem-solving. The makers will release the headset by the end of this year. The Mixed Reality Headset In a recent development, Sony and Siemens have announced their
By Anvi Saini · January 11, 2024