Crypto news

In response to a substantial hacking incident on October 31, Unibot, a decentralized trading platform, has confirmed total compensation for users negatively impacted by the event. Despite a recent decrease in the value of Unibot tokens, the company remains confident of a strong recovery. Unibot Makes Traders Full As per reports, the attack led to a loss of approximately $600K, which Unibot has fully covered, incurring a significant cost of $1.78M for the company. The exploit...

Blockchain Expo Global is making its way to London, United Kingdom on November 30th and December 1st, 2023. Save the dates! This Blockchain event serves as a dynamic congregation of cutting-edge technology companies, offering attendees a unique opportunity to explore the latest applications of Web, NFT’s, The Metaverse, Crypto & Digital Assets, Governance and DLT’s. Anticipating an attendance of more than 6,000 passionate participants, this event is poised to...

Coinbase exceeded its revenue projections by reporting $674 million in Q3, surpassing analysts’ earlier estimates. The figure surged by 14.2% year-on-year but was down by 4.8% quarter-on-quarter. During the same period, the San Francisco-based crypto giant generated $288.6 million in transaction revenue and $334.4 million in services and subscription revenue. The net loss, on the other hand, stood at $2 million. Coinbase’s Q3 Earnings Report According to the earnings...

This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. A lot happened this week, so let’s dive in. Starting with BTC’s price, the cryptocurrency is trading at slightly below $35K at the time of this writing, marking an...

[PRESS RELEASE – New York, United States of America, November 3rd, 2023] SPACE ID, a pioneering name service protocol in the Web3 ecosystem, is proud to announce the launch of SPACE ID 3.0, a revolutionary upgrade that promises to empower every Web3 community to create their own Top-Level-Domains (TLDs). This visionary initiative has sent ripples of anticipation throughout the Web3 community, with industry leaders and communities like PancakeSwap, Injective, Manta Network,...

[PRESS RELEASE – London, Uk, November 3rd, 2023] In the ever-evolving world of technology, every so often, a project surfaces that not only captivates the imagination but also pledges to transform how we engage with the digital domain. Introducing AIMeme.ai, a trailblazing initiative poised to reshape our perception of AI personal assistants. This isn’t just any AI; it’s an AI enriched with the humor and relatability of memes. At the helm of this pioneering endeavor is Jogo...

On-chain data shows that the Solana network has surpassed the layer-2 Ethereum-based scalability blockchain Polygon in daily decentralized exchange (DEX) trading volume. According to charts on the digital assets data platform Artemis XYZ, Solana currently has a daily DEX trading volume of $240.47 million, while Polygon sits at $137.49 million. Solana Flips Polygon In Daily DEX Volume Last week, Polygon had a whopping $247.45 million in daily DEX trading volume, compared to...

Several key features of the platform make it ideal for institutional staking providers. For instance, it enables bulk validator deployment, allowing institutions to launch a large number of validators at the same time. Validation Cloud, a Web 3.0 infrastructure platform, recently launched a staking-as-a-service platform for institutional clients. This platform enables institutions to use multiple validators at the same time and earn rewards by automating smart contract activities. This...

The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the United States Securities and Exchange Commission (SEC) will likely confirm an ETF approval by the end of the month. McClurg is hopeful because applicants have adequately addressed issues...

Despite the potential negative impacts of AI, Musk also believes that AI would be a force for good and could even serve as a great friend and companion to users.  During a recent AI Safety Summit in London, Elon Musk had a one-on-one discussion with UK Prime Minister Rishi Sunak about the future of artificial intelligence and its impacts on society. The tech billionaire warned that AI might eventually lead to a world where jobs become a thing of the past. He also painted a picture where...