The Sandbox introduces CATALYST tokens on Polygon, replacing gems in NFT minting. These ERC-1155 tokens enable users to mint, monetize, and sell creations, enhancing platform capabilities. In a significant move within the metaverse, The Sandbox introduces CATALYSTs, ERC-1155 tokens aimed at empowering creators. These tokens enable users to mint ASSETs with defined rarity and properties across five tiers. The all-new CATALYSTs tokens on Polygon Layer 2, serve as a replacement for gems in...
Read More »Thailand’s Blockchain Revolution Takes Center Stage at 28th World Blockchain Summit in Bangkok
[PRESS RELEASE – Thailand, Bangkok, December 10th, 2023] Thailand’s government’s push for the adoption of digital assets further solidifies the role that blockchain plays in its strategic vision, Thailand 4.0. Bangkok, December 8th, 2023: The 28th Global edition of the World Blockchain Summit, organized by Trescon, is calling the curtains over the year by returning to Bangkok on 13th and 14th December 2023. Held at the prestigious Royal Orchid Sheraton Hotel and Towers, this...
Read More »No Influx of New Users for Ethereum Despite Spot ETH ETF Hype: Data
Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past several weeks, with its price jumping to a 19-month peak at $2,400. This comes amid growing anticipation regarding the approval of a spot ETH ETF in the States. However, the second-largest blockchain network has not seen its user count increase, which leads to the question of whether ETH’s price will climb further should that change. No New Users for Ethereum As mentioned above,...
Read More »Starknet Foundation Unveils Plan to Allocate 1.8 Billion STRK Tokens for Network Growth
The Starknet Foundation – the organization behind the Ethereum Layer 2 network Starknet – announced plans to allocate over 1.8 billion STRK tokens across multiple initiatives soon. The move is aimed at driving the adoption and growth of the Starknet blockchain. Allocation of 1.8 Billion STRK Tokens According to the official announcement, 900 million STRK has been allocated to the Provisions Committee to distribute ownership of the network’s native token and to reward past and...
Read More »LayerZero Plans to Launch its Own Token With $3 Million Airdrop: Details
LayerZero Labs has announced in a recent post on X that it plans to launch its own token in the first half of 2024. This announcement was made following months of community speculation and discussion about the potential creation of a LayerZero token. LayerZero Announces ZRO Token Launch With $3M Airdrop “We’ve heard the community discussion over the last few months and the lack of clear communication around this. We’ll state now in no uncertain terms that there will be a...
Read More »Analysts Believe Bitcoin Begins Early Bull Run and May Hit $50,000 This Month
Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end the year considerably higher than its current price of $43,573, according to CoinMarketCap. Bitcoin has gained more than 13% in the past week, continuing its bull rally. According...
Read More »L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch
Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...
Read More »Vanguard and State Street Steer Clear of Bitcoin ETF Hype
Despite Vanguard and State Street’s decision to abstain, the SEC is approaching a crucial deadline to announce its decision on the first Bitcoin ETF in early January. The anticipation surrounding the potential approval of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States has reached its zenith. However, amid the frenzy, two major players in the ETF industry, Vanguard Group, and State Street Corp (NYSE: STT), have notably chosen to stay on the sidelines. While other industry...
Read More »Popular Analyst Predicts XRP Price to Rally Over 2000% Based on Golden Cross Pattern
XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical pattern of movement called the “golden cross”. And XRP may have just formed one on the 4-day timeframe. In an explanation via a recent X post, the analyst explained that a golden cross is formed when an...
Read More »New ETF Proposal Linked to MicroStrategy Stocks Aims for Monthly Payouts to Investors
The fund would use investor capital to buy call options on MSTR while simultaneously selling put options. The premiums collected from these transactions would then be distributed to shareholders as monthly yields. An investment firm YieldMax directed a request to the Securities and Exchange Commission (SEC) seeking regulatory approval for an exchange-traded fund (ETF) that offers monthly income tied to MicroStrategy derivatives. If granted the green light, the ETF is scheduled to launch in...
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