Author: News Room
Known for adorable memes, its own cutesy language, and massive monuments to beloved pets, the multi-billion dollar ecosystem of Shiba Inu-themed meme coins is generally a place of cuddly cohabitation. But recent tensions between users in the Solana ecosystem—home to the exploding Dogwifhat (WIF) meme coin—and owners of the real-life South Korean dog who inspired the token may have created some trouble in pet paradise. On Thursday, a South Korean Instagram user announced that the Shiba Inu featured in the “Dogwifhat” meme, named Achi, was in fact their pet—and that to celebrate the dog, they planned to auction an NFT…
In a landmark development, Stake DAO has unveiled its collaboration with Chainlink, integrating the Chainlink Cross-Chain Interoperability Protocol (CCIP) to facilitate seamless cross-chain transfers of the Stake DAO Token (SDT). This integration marks a significant milestone, extending across key blockchains such as Arbitrum, BNB Chain, and Ethereum mainnets. By leveraging CCIP’s Simplified Token Transfer capabilities, Stake DAO is setting a new standard in interoperability, ensuring secure and efficient transactions within its ecosystem. Enhancing Security and Accessibility with CCIP Stake DAO’s choice of CCIP underscores a commitment to unparalleled security and reliability in cross-chain operations. Chainlink’s stellar reputation for maintaining robust…
In an exciting development for the artificial intelligence and blockchain communities, Golem Network, a trailblazing decentralized computing platform, has announced a groundbreaking partnership with Gamerhash AI. This strategic alliance is poised to revolutionize the supply of GPU resources, catering to the burgeoning needs of the AI sector. Golem Network, renowned for its pioneering role in the Web3 and DePIN (Decentralized Peer-to-Peer Information Networks) domains, is expanding its horizons. By joining forces with Gamerhash, a platform celebrated for its unique model that allows gamers to earn by sharing GPU computing power, Golem is set to redefine the landscape of computational resources.…
British multinational Standard Chartered isn’t just bullish on Bitcoin—Ethereum is also going to the moon, its analysts say. A Monday report from the bank claimed that the second-biggest digital asset could hit $8,000 by the end of this year, and $14,000 is possible by the time 2025 is up. If, that is, spot Ethereum exchange-traded funds (ETFs) get approved, Geoffrey Kendrick, head of forex and crypto research at the firm, said in the note. The price of Ethereum is currently hovering slightly above $3,500 per coin, CoinGecko data shows. Several high-profile fund managers have filed paperwork with the Securities and…
To enhance cross-border remittance services, Mastercard Inc. has solidified its partnership with Alipay, the global mobile payment super-app under the umbrella of Ant Group Co. This collaboration marks an expansion of Mastercard’s existing relationship with Alipay, enabling consumers to swiftly send and receive money within their digital wallets, nearly in real-time. The announcement, made via a statement, underscores the significance of the agreement in facilitating seamless transactions for users. With Alipay boasting a user base exceeding a billion consumers in China alone, the partnership promises to streamline international remittances for a vast demographic. Facilitated by financial institutions leveraging Mastercard’s international…
The Cardano (ADA) price is noting the formation of a bearish reversal pattern, according to which a larger-than-expected correction is due for the altcoin. At the same time, ADA is ripe for the picking, and this sentiment alone could buffer the potential decline. Whales Are Pulling Back Whales are one of the most important and influential cohorts for any cryptocurrency since their movements impact price action the most. Such is the case with Cardano, too. Despite whales holding less than 20% of the circulating supply, their dominance over the daily transaction volume makes them a crucial cohort. Out of the…
Genesis and Gemini have taken steps to compensate users affected by their failed Earn program. According to a March 19 statement from Gemini, Genesis asked a bankruptcy court to approve a settlement in principle that will distribute funds to users. The request will be considered during an upcoming hearing on April 16. If the settlement is approved, Earn users who had their accounts suspended should receive 100% of their assets — with 97% of the amount expected to be reimbursed within weeks of court approval. The remaining funds will be distributed as they are obtained from Genesis’ parent, Digital Currency…
Cryptocurrency detective ZachXBT announced that $2.6 million of users’ money was stolen after a fraudster impersonating an influencer said he would launch memecoin and airdrop it to those who sent him Solana (SOL) for this. The fraudster, who impersonated Ansem, an influencer with 250,000 followers on He said that he would airdrop this altcoin to his users. In addition, he shared a link for his users to link their accounts for pre-sale. This link was, of course, fake, and cryptocurrency users who linked their wallets lost the assets in their wallets. In other words, the fraudster stole both the SOL…
Parallel TCG, a sci-fi-based competitive card game, has announced that it will debut its new AI-powered Web3 survival simulation game, Colony, on the Solana blockchain network. As per the announcement shared by Solana on its official account on social media platform X, “AI agents will be able to autonomously transact onchain in this entirely new kind of survival game.” The whitepaper of the AI-powered game confirms that the game will feature highly autonomous AI agents—called “avatars”—that are continuously learning from the world around them while adding: Human players must guide and collaborate with their AI avatars, which feature wide-ranging skills…
BVI, BVI, March 20th, 2024, Chainwire Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+ transactions on 5 different layer1/layer2 blockchains, with 54K+ unique active onchain users. Previously, Mystiko.Network has also been selected to participate in esteemed programs such as Binance MVB, Chainlink Startup, Polygon…