Blockchain

To boost network performance, The Graph will invest in improved Indexer tooling and operational capabilities. These upgrades aim to increase scalability, reduce costs, and enhance network reliability. In a recent development, The Graph (GRT), a pioneering project in the Web3 ecosystem, announced an ambitious new roadmap, sending ripples through the crypto and blockchain communities. This roadmap introduces a game-changing vision for The Graph’s future, outlining key initiatives that will...

Given BTC price’s continuous rejection of the $35k zone, it is possible that we may witness Bitcoin correction to $31k. The price of Bitcoin has broken through the $35k resistance for the third time since the start of November. It shattered the long-term consolidation range between $25k and $31k on October 22. Although the price has been on the rise since then, the overall signals have been mixed, with some analysts expecting retracements and others anticipating a continued upward trend....

Commenting on the partnership with Ripple, Dare Okoudjou, founder & CEO at Onafriq, said the deal is the first step towards the implementation of the company’s crypto strategy. The leading blockchain payment company Ripple has secured a partnership with Onafriq, one of the top mobile payments companies in Africa, to expand the capabilities of its remittance services and foster smoother cross-border transactions within 27 countries in the region. The collaboration between Ripple and...

CrossFi Foundation, a non-commercial organization standing behind the Cross Finance ecosystem, launched a grant program for all users, including creators, distributors, developers and common active users. The program encompasses grants worth $50 million in total for the development and nurturing of financial products and solutions built on CrossFi blockchain. All grants will be distributed in two CrossFi Chain’s native coins, XFI and MPX. The initiative is set to...

Despite some setbacks, Robinhood remains committed to the crypto space. Investing app Robinhood saw its crypto trading revenue drop further in the third quarter of 2023. While the company’s net gains increased by 29% year-over-year to $467 million, its transaction-based income decreased. According to the quarterly report, the crypto trading revenue plummeted by 55% to $23 million. The loss continues a downward trend for crypto-based transactions on the app. Recall that there was a loss of...

A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations. Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly in talks with its advisers over an initial public offering (IPO) for early 2024. According to Bloomberg, which cited sources with inside knowledge about Circle, the deliberations may or may not end up in a public listing. If it does go public, however, sources did not share what valuation Circle is expected to hit. But the...

Zeebu, the pioneering Web3 Neobank for telecoms, is thrilled to announce the forthcoming listing of its native token, $ZBU, on Gate.io, a globally recognized cryptocurrency exchange, scheduled for November 9, 2023. Gate.io, boasting a robust user base of over 13 million, promises to substantially increase the reach and accessibility of the token. This listing on a top-10 exchange represents a monumental stride for Zeebu in its ongoing efforts to secure listings on...

Ava Labs, a crypto startup and the leading developer of the Avalanche blockchain has laid off 12% of its workforce amid the persistent bear market. The company’s founder and CEO, Emir Gün Sirer, confirmed the job cuts on X, stating that the move would allow the management to reallocate resources to the growth of the firm and the expansion of the Avalanche ecosystem. Ava Labs Slashes Headcount “Bear markets are difficult to navigate,” said Sirer, adding that Ava Labs is lucky...

South Korea’s largest wireless carrier – SK Telecom – has announced signing a tripartite agreement with Aptos Labs and Atomrigs Labs. The latter serves as its technology partner. According to the official announcement on the LinkedIn post, the strategic partnership is expected to enhance SK Telecom’s affiliations with customer-preferred mainnets and decentralized applications(dApps). The focus will also be on its Web3 wallet service, T wallet. The collaboration with Aptos...

TL;DR Whale Alert detected a transfer of 4.4 trillion SHIB by anonymous wallets amid rising whale activity, coinciding with Shibarium blockchain milestones. Despite burning 1.5 billion SHIB tokens in October and efforts to reduce supply, SHIB’s price rally remains moderate, with a 15% increase over the past month. SHIB on the Move Whale Alert, which tracks large crypto transfers, detected one of the most significant SHIB movements by two anonymous wallets. According to the...