Author: News Room
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled Vouchers Avalanche, a smart contracts platform, has said it is working […] Read the full article here
[PRESS RELEASE – New York, United States, March 21st, 2024] zkPass, announced its participation in the BNB Chain Airdrop Alliance Program. This strategic collaboration underlines a profound commitment to the community, emphasizing the vital importance of rewarding user engagement and loyalty. Through this initiative, a total of 4 million zkPass tokens are poised for distribution to both new and longstanding users, showcasing a steadfast dedication to nurturing growth and engagement within the ecosystem. A considerable share of these tokens will be reserved for retroactive users, in a move to honor those who have been instrumental in the network’s journey towards…
Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet came from Bitfinex, an international exchange, while 20% came from Chivo Wallet, the national wallet. Salvadoran Press Report Raises Questions About Piggy Bank Wallet’s BTC Ownership A report prepared by Moises Alvarado and published by the Salvadoran local press has raised questions about the true ownership of the BTC transferred by President Nayib Bukele…
Staking cryptocurrencies has emerged as a favored avenue for investors seeking passive income. However, the conventional staking model often constrains assets, hindering their utilization in other decentralized finance (DeFi) activities. Liquid staking protocols like Swell aim to revolutionize this landscape by offering a solution that unlocks the full potential of staked assets. What is Swell? Swell is a Decentralized Finance (DeFi) protocol that pioneers liquid restaking for Ethereum (ETH) holders. Unlike traditional staking methods that immobilize ETH until the staking period concludes, Swell enables users to deposit their ETH and receive a liquid staking token (LST), presently named rswETH. This…
The presumed owner of a dog associated with the memecoin Dogwifhat is auctioning off an iconic image as an NFT. Apparently, the supposed owner of this famous dog, known for its characteristic hat, has decided to sell an NFT of the image. The dog was the catalyst for the creation of the memecoin called dogwifhat, which currently ranks 49th in market capitalization. Let’s see all the details below. The iconic Dogwifhat dog: from memecoin to NFT sale Dogwifhat (WIF): the new star of meme coins in the crypto market The iconic Dogwifhat dog: from memecoin to NFT sale As anticipated,…
Outlier Ventures, a global leader in Web3 acceleration, has partnered with peaq to introduce the DePIN Base Camp accelerator program. Designed to nurture early-stage Web3 founders across all blockchain platforms, the initiative aims to empower startups developing applications, products, and protocols leveraging digital networks, decentralized infrastructures, and data services.—The program is scheduled to kick off in May 2024. Spanning a duration of 12 weeks, the virtual accelerator program promises workshops led by industry experts from Outlier Ventures and peaq, along with mentorship opportunities and potential investments of up to $200,000 USD for participating teams. The DePIN Base Camp seeks to…
XRP has set itself on a recovery path following the latest market collapse, as a resurgence of optimism leads to a sustenance of the HODL culture in anticipation of greater prices. Despite XRP’s failure to achieve a significant price surge, XRP has demonstrated resilience by maintaining its position comfortably above the crucial psychological threshold at $0.60. Although the recent market downturn posed a threat to breaching this level, XRP exhibited noteworthy stability. As the cryptocurrency strives to regain ground lost in recent days, investor confidence remains robust. Consequently, market stakeholders have maintained their positions in anticipation of ambitious price milestones,…
Ethereum Classic’s robust technology and loyal community support forecast its surge past $200 by 2025. Market volatility positions ETC as a potential investment gem, with predictions of exceeding $120 by 2024. ETC’s strategic advancements in blockchain security and functionality hint at a stable growth trajectory towards $200.76. Ethereum Classic (ETC) emerges as a beacon of resilience and potential, with expert analyses predicting a significant rise in its value. As we move towards 2024, the anticipation builds around ETC’s potential to not only reach but exceed the $89.37 mark, setting the stage for an unprecedented surge to $120.55 by year-end. This…
Binance is now requiring prime brokers to enhance their KYC to block U.S. nationals, according to a Bloomberg report. In court documents unsealed in November, it was revealed that U.S. customers significantly fueled Binance’s rapid growth. Binance is asking its prime brokers to do enhanced Know Your Customer (KYC) work on clients to ensure that they aren’t serving U.S. nationals, according to a report from Bloomberg. Prime Brokers act as intermediaries between institutional investors and the market, offering services such as custody, trade execution, risk management, and lending with the aim of attracting institutional investors by providing a comprehensive end-to-end…
During the last week, altcoins have entered a steeper correction with the Ethereum (ETH) price correcting over 22% with a similar correction across the board. While the market is currently under a bearish grip, on-chain data and market analysts believe that this could be a great time to buy. Read the full article here