Crypto news

[PRESS RELEASE – Kuala Lumpur, Malaysia, October 8th, 2024] As Malaysia strides forward to become Southeast Asia’s digital gaming powerhouse, the strategic partnership between Malaysia Digital Economy Corporation (MDEC) and EMERGE Group has solidified the nation’s vision of pioneering Web3 gaming. Among the key players recognized during this announcement is CARV, a leading force in data empowerment and blockchain gaming innovation. The partnership, unveiled at the IOV2055...

[PRESS RELEASE – Grand Cayman, Cayman Islands, October 8th, 2024] Sui is the first Move language-based blockchain with native USDC Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, and Circle, the issuer of USDC, today announced that native USDC is live on the Sui Network. With this integration, users of Sui will have direct access to one of the most widely used stablecoins as a native asset on the network, removing the added...

[PRESS RELEASE – Toronto, Ontario, October 8th, 2024] clisBNB, developed by Lista DAO, is an innovative tool that offers BNB holders greater flexibility and control over their assets. Now available through BNB.xyz, a one-stop on-chain platform for BNB, primarily designed to bridge the gap between CeFi and DeFi. clisBNB offers BNB holders a new way to access Binance launchpool and Lista DAO CDP. What is BNB.xyz? With BNB Chain, ListaDAO, and Pancakeswap as core contributors,...

[PRESS RELEASE – New York, United States, October 8th, 2024] CrazyMeme has unveiled a unique linear release mechanism for its meme tokens, aimed at providing a more balanced and equitable token distribution process. The mechanism resembles a Dutch auction, designed to mitigate the advantages commonly afforded to early insiders in token launches. According to CrazyMeme, traditional meme coin launches often allow a few insiders to acquire tokens at low prices before the general...

[PRESS RELEASE – London, UK, October 8th, 2024] StakeLayer has announced the launch of its Cross-Chain Restaking Protocol, a solution which offers users the ability to restake their assets across multiple blockchains, including Bitcoin, Ethereum, Solana, TON, and more. StakeLayer’s native token, $STAKELAYER, is set to debut on Wednesday, October 9th at 2 PM UTC. The team announced on their X page that TGE and the listing of $STAKELAYER will mark a significant milestone for...

According to a September 7 report by Bloomberg, Premier League (PL) clubs have secured a record-breaking $170 million in sponsorship deals from crypto companies for the 2024/25 season. This uptick comes as league participants face tightening restrictions on gambling sponsorships, which have traditionally been a major source of revenue for them. Crypto Sponsorships on the Rise Per the report, several top clubs have already signed major crypto deals. For instance, leading...

Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cuts. ETP investment product trading volumes rose slightly by 15% to $10 billion, while overall crypto market volumes remained lower. Bitcoin saw significant investor focus, according to the latest edition of Digital Asset Fund Flows Weekly Report. Over the past week, Bitcoin saw...

TL;DR Despite a downturn at the beginning of October, SHIB recently pumped by 4%, with some analysts predicting a potential 130% rally if key patterns are confirmed. Shibarium hit 7 million in processed blocks, but it has slowed its progress lately. SHIB Eyes Another Price Explosion? The second-largest meme coin made the headlines towards the end of September when its price spiked substantially. Recall that SHIB reached a three-month high while its market capitalization...

A new Ethereum Improvement Proposal, EIP-7781, introduced on October 5, 2024, aims to reduce Ethereum’s block time from 12 seconds to 8 seconds. The upgrade, introduced by Ben Adams, co-founder of Illyriad Games, could also enhance data capacity and potentially increase network throughput by 50%. A Major Step for Ethereum’s Future In an October 6 post on X, a developer pseudonymously known as Cygaar hailed EIP-7781 as the “first huge” step toward improving Ethereum’s L1...

Tokyo-listed Bitcoin holder Metaplanet has purchased an additional 108.786 Bitcoin for 1 billion yen, reflecting its ongoing bullish stance on the crypto asset. The latest stash is worth around $6.7 million. Metaplanet Expands Bitcoin Holdings According to the official statement released on Monday, Metaplanet – often referred to as Japan’s MicroStrategy – now holds 639.503 BTC, with a current market value of around $40.6 million. The firm disclosed that it acquired the...