Solana meme coin’s recent surge to an astonishing $100 marks a monumental milestone. As Bitcoin continues to hold its position as the flagship cryptocurrency, the remarkable ascent of Solana underscores the increasing prominence and potential of alternative blockchain networks and tokens. As the excitement over the surge of Solana intensifies, a new meme coin has captured the attention of some risk-taking investors. Amidst this enthusiasm, Harambe AI, a new force in the...
Read More »NC BlockFiesta 2024 Unfolds a Trailblazing Chapter in Indian Web3 Conference History
Chennai, 15 January 2024 — The second edition of NC BlockFiesta, India’s premiere Web3 conference of 2024, emerged as a resounding success in Chennai on Saturday, unleashing a dynamic wave that attracted 400 attendees, comprising industry trailblazers and the exuberant web3 community at the luxurious Hilton Chennai. Held against the backdrop of the evolving landscape of blockchain technology, cryptocurrency, NFTs, Web3, and regulatory frameworks, the day-long...
Read More »Bitcoin Blunder: Somebody Just Lost $170,000 In BTC Transaction Fee
A lucky Bitcoin miner just enjoyed another splash of profits thanks to an abnormally high fee paid by one of the network’s users. Blockchain data shows that an unknown user paid 4 BTC ($172,000) in a transaction fee on Tuesday, dwarfing the amount actually needed to process the transfer. A Costly Blockchain Mistake According to mempool.space, the transaction itself only sent 2.9 BTC to the intended recipient, meaning the attached fee was over 133% the size of the transaction...
Read More »Shiba Inu’s BONE Spikes 10% After This Popular Exchange Adds Support to Shibarium
TL;DR A well-known crypto exchange allowed customers to purchase and send BONE tokens to Shibarium through its platform. BONE’s price experienced a notable increase following the disclosure. Shibarium’s Marketing Strategist, going by the handle LUCIE on X (formerly known as Twitter), praised the crypto exchange Gate.io for supporting the layer-2 blockchain solution. Users are now allowed to purchase and send BONE tokens to Shibarium via the platform. Huge shoutout to...
Read More »BRC-20 Token Trading Volume Skyrockets 10x Since November 2023, Kaiko Reports
The trading volume for BRC-20 tokens has surged, rising from $10-15 million to over $500 million since November 2023, according to data from Kaiko. The data indicates a substantial increase in trading activity for tokens minted on the Bitcoin blockchain, with their volumes experiencing a tenfold growth since the close of 2023. BRC-20 Token Trading Volume Surge According to a report on January 15 by the Paris-based blockchain analytics firm, trading volumes for BRC-20 tokens...
Read More »MeWe and Amplica Labs Achieve Historic 500K User Migration to Web3
The 500,000 migrated MeWe users now have personal control over their identities, data, assets, and online experiences. MeWe, a social media platform, has partnered with Amplica Labs to move 500,000 active users to Web3 technologies. This transition uses Amplica’s Frequency blockchain, which gives users more control and independence over their social networking experiences through blockchain features. MeWe is an alternative to ad-driven networks that focus on people and communities. By...
Read More »Manta Pacific Overtakes Base as 4th Largest Ethereum L2
In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool. In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence The Total Value Locked (TVL) on Manta Pacific currently stands at an impressive $850 million, leaving Base behind at $756...
Read More »Pro-Crypto Republican Vivek Ramaswamy Ends Presidential Bid in US
Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency and blockchain technology, announced at a press conference in Des Moines, Iowa. Despite his efforts to bring a pro-crypto...
Read More »Mercedes-Benz Unveils In-Car Virtual Assitant with NFT and Generative AI Capabilities
The virtual assistant is designed to offer very natural and empathetic interactions with consumers and features four different emotions. One of the ways that we see blockchain-based assets progressing is the ways in which they are made more accessible in everyday life. This is especially true when they are being pushed by major corporations and we have seen this time and time again. One of the latest examples of this comes from Mercedes-Benz, which unveiled its new MBUX Virtual Assistant...
Read More »HashKey Group Announced Completion of Series A Funding Round with $100M at Valuation of Over $1.2B
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result, the company saw its valuation rally beyond $1.2 billion to a unicorn status. According to the announcement, HashKey will...
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