Crypto news

The Avalanche Foundation has launched its most significant network upgrade to date, Avalanche9000, introducing the Etna upgrade to its mainnet. It marks a fundamental shift in the Avalanche ecosystem by simplifying the process of launching Layer 1 blockchains, removing the complexities of the previous Subnet model. AVAX’s price remained largely unfazed despite the major overhaul. Avalanche9000: The Network Overhaul According to the official website, Etna replaces the existing...

Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions on the DAO forum and a community vote, LDO token holders officially approved the decision to phase out Lido on Polygon. The process is set to begin shortly. Lido’s Exit from Polygon Initially launched in 2021 through a proposal by Shard Labs, Lido on Polygon faced...

[PRESS RELEASE – USA, USA, December 17th, 2024] Saga, the Layer 1 blockchain protocol to launch Layer 1s, today announced its Mainnet 2.0, setting the stage for a fundamental transformation in how the blockchain industry approaches liquidity. The growing number of independent blockchains has created unprecedented challenges for liquidity management and cross-chain operations. This major upgrade lays the foundation for the Q1 2025 launch of Saga’s Liquidity Integration Layer...

Dubai, United Arab Emirates, December 17th, 2024, Chainwire Promeet, a platform designed to empower creators to monetize content, has successfully raised $3.1M in pre-seed funding. The investment will be used to accelerate product development and solidify Promeet’s position as a leading platform for content monetization. By combining videos, photos, meetings, and live streamings—with a blockchain-based transactional layer into a single platform, Promeet offers creators the ability to easily...

Tortola, British Virgin Islands, December 17th, 2024, Chainwire According to the prediction of Ransu Salovaara, CEO of TokenBuilder and a crypto veteran since 2014, the next twelve months will be pivotal in boosting transparency for token launches and integrating AI technology into new crypto projects. Salovaara, who helped raise token sales for major names in the industry, believes 2025 will be dominated by two major trends: Fair Token Offerings (FTOs) — A push for more reasonable...

Singapore, Singapore, December 17th, 2024, Chainwire Xterio aims to redefine AI-human interaction with emotionally adaptive companions that evolve with users. In an era where artificial intelligence is reshaping industries, Xterio is taking a bold step forward by partnering with Reka, a leading AI startup, to develop emotionally intelligent AI agents that promise to transform gaming, Web3, and beyond. These agents, powered by a proprietary emotion engine, are designed to interact, adapt, and...

Warsaw, Poland, December 17th, 2024, Chainwire Flipster, a fast-growing crypto exchange, has announced a collaboration with OverProtocol, a layer 1 blockchain, to launch an exclusive Flipster x OverProtocol campaign that features the OVER Launchpool and social media giveaway, offering users a combined prize pool of 200,000 USDT. CEO of Flipster, commented, “We are proud to partner with OverProtocol, whose mission to create the world’s most decentralized and accessible network reflects our...

After a serious downswing Toncoin is showing signs of recovery. TON, with a market capitalization of over $12 billion, lost by 2.4% within the last 24 hours. On the other hand, on 8 October the Toncoin price dropped to $5.00 before making small gains. As of writing, TON is trading at $5.05 TON/USDT on Gate.io. However, its value decreased by 4.5% during the last 30 days. At the moment, TON is showing strong bearish momentum. As per its price action, TON is within a consolidation phase. The...

The Shiba Inu price predictions for the current market rally are impressive, with experts suggesting you could make $5,500 returns on the $1,000 you put in the coin. While that’s impressive, there are multiple coins with similar profit potential, but the new AI altcoin WallitIQ (WLTQ) outshines other market picks with insane profit potential. Experts believe WallitIQ (WLTQ) has the potential to turn $1,000 into $890,000 as investors place early bets on its presale. The ongoing WallitIQ...

Sheila Warren steps down as CEO of CCI, transitioning to President and Senior Global Policy Advisor, while Ji becomes CEO. Sheila Warren, the current CEO of the Crypto Council for Innovation (CCI), will step down from her position in January after leading the organization for three years. Her leadership was at a time when the cryptocurrency industry was facing major challenges. These include major crashes and increased regulatory actions. Also, giants such as FTX rose and fell, making the...