Author: News Room
March 14, 2024 – Auckland, New Zealand Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9, 2024. This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security and creating greater efficiency for B2B transactions. The Tecra Space campaign offers investors the chance to participate in this project with a range of investment tiers. Funds raised will directly fuel the expansion of Etherland’s technology and its real-world applications. Tecra Space – community-focused fundraising Etherland’s decision to…
Starbucks is shutting down its loyalty program that rewards participants with non-fungible tokens (NFTs) minted on the Polygon (MATIC) blockchain. The world’s largest coffeehouse chain rolled out the Starbucks Odyssey program for beta testing in December 2022. Members complete themed activities to earn NFTs called “Journey Stamps” and bonus points to access benefits and interactive experiences. But after nearly two years, Starbucks revealed on Monday that it will discontinue the program. The coffee giant says Odyssey will end on March 31st and members have until March 25th to complete their remaining Journeys. “The Starbucks Odyssey Beta must come to an…
Over $122 million has been raised for 27 different Solana-based projects’ presales in the last week, according to a recent investigation from blockchain sleuth ZachXBT. ZachXBT says that since March 12, more than 655,000 SOL worth about $122.5 million has been raised for various presales. Says the on-chain analyst, “I was interested to see how much SOL has been sent as a result of the presale meta and calculated >655,000 SOL ($122.5 million) raised from 27 presales… To put this even more into perspective for people not following crypto these presales have all happened since March 12. This is only…
A closely followed crypto strategist believes one Ethereum (ETH) competitor is primed to print gains of more than 2x this year. Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this year. But while the crypto strategist is long-term bullish on SOL, he expects the Ethereum rival to witness a pullback before starting a fresh leg up. “There is going to probably going to be a pullback somewhere in the $200-$250s, but I don’t know how deep it’s going to be. Still bullish as hell…
An unknown trader took home millions of dollars in profits in a span of a few minutes after their timely exit in a new memecoin running on the Solana (SOL) network, on-chain data shows. Blockchain tracking firm Lookonchain first spotted a trader who spent nearly 10,000 SOL to accumulate about 70 million Slerf (SLERF) tokens. Lookonchain says the trader had no plans to hold onto their SLERF stack for the long haul as he immediately unloaded it at the first opportune time. “Unbelievable! This guy made ~$3.02 million in just 12 minutes by trading SLERF! He spent 9,894 SOL ($1.98…
Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial of Zone’s cross-border payment capabilities in 2025. Zone to Expand Its Payment Infrastructure Zone, a blockchain-based Nigerian payments startup, has […] Read the full article here
Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up to the U.S. Federal Reserve’s gathering on Wednesday afternoon. Bitcoin On March 20, 2024, bitcoin’s (BTC) 1-hour chart reveals a prevailing downtrend, […] Read the full article here
Per the most recent data, we are a month away, or precisely 30 days, from the fourth Bitcoin halving event. This significant milestone will cut the mining rewards from 6.25 bitcoins per block to 3.125 bitcoins per block after the halving. The summary below outlines the essentials to grasp the changes occurring during the halving, […] Read the full article here
If Bitcoin (BTC) is the unstoppable force of continuously reducing new supply to the market, retail and institutional adoption may have become an immovable object driving up demand for the largest cryptocurrency. With the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States (the largest global equity market) — and the ETFs breaking records since their launch — the demand side (immovable object) may be in play, which could be pushed into overdrive with the upcoming Bitcoin halving. Some things are certain in life, and some are just on a spectrum of possibilities. All the current speculation in the…
According to Prague-based hardware wallet provider Trezor, there are currently 420 million global exchange users but only eight million self-custody hardware wallet users — that’s around 2% of the total.This would imply a huge potential market for Trezor, but there have been recent disturbances in the Force, not least the recent approval of Bitcoin exchange-traded funds (ETFs) and the potential for Ethereum ETFs.These financial products allow investors exposure to crypto without the need to hold the asset itself. It’s the opposite of self-custody and potentially not good news for hard wallet providers.Trezor CEO Matej Zak says that for existing Bitcoiners…