Crypto news

[PRESS RELEASE – New York, NY, October 30th, 2024] Morph, a global consumer layer for driving blockchain adoption, today announced its mainnet launch on Ethereum. The mainnet launch marks a significant milestone in building Morph’s consumer layer, serving as an expansion beyond a typical Layer 2. Morph’s consumer layer directly addresses the root causes of limited blockchain adoption, enabling ecosystem participants to exchange real assets and engage in transactions. Projects...

[PRESS RELEASE – Cranford, US, New Jersey, October 30th, 2024] The partnership introduces a breakthrough in decentralized cloud storage, ensuring cost-effective, resilient, and secure backup solutions for enterprise-grade data management. DeStor, a leader in decentralized storage solutions, has partnered with Impossible Cloud to introduce advanced decentralized cloud backup solutions. The collaboration provides businesses with robust, enterprise-grade storage that combines...

[PRESS RELEASE – Road Town, British Virgin Islands, October 30th, 2024] Blast Royale has announced the upcoming pre-sale of its Low FDV Community Offering (LCO) for the $NOOB token, scheduled for November 6th. As a community-focused initiative, this offering aims to integrate players and supporters, marking a significant move in the Gaming x Meme token space. With record engagement, including over 85,000 Daily Active Users (DAU), more than 20 million social media impressions...

Stablecoin issuer Circle announced on Tuesday that it had signed a Memorandum of Understanding (MOU) with HKT, a major player in technology, media, and telecommunications. The main objective of this collaboration is to explore opportunities for creating blockchain-based loyalty solutions tailored to Hong Kong’s merchant landscape. Circle-HKT Collaboration According to the blog post, Circle’s expertise in Web3 services, combined with HKT’s merchant network and customer...

Maximiliano Pilipis, a 53-year-old former resident of Noblesville, Indiana, has been indicted by a federal grand jury on five counts of money laundering and two counts of failing to file a tax return. The indictment alleges that Pilipis laundered substantial funds, including proceeds from Silk Road, through his operation of an unlicensed virtual currency exchange called AurumXchange. Laundering Silk Road Proceeds Court documents revealed that Pilipis launched AurumXchange in...

Bitcoin’s price seems to be on the verge of achieving a new all-time high in a massive rally leading up to the US Presidential elections. The price managed to get as high as $73,600, which is less than $200 away from a new peak. Source: TradingViewThis has caused considerable turmoil in the derivatives market, leaving over $110 million worth of short positions underwater. At the time of this writing, the price has now retraced below $73,000, trading at an increase of over...

[PRESS RELEASE – New York, United States of America, October 29th, 2024] Student Coin, an educational crypto project established in 2019, has initiated a structured token redemption process following the decision to wind down its primary operations. This move aims to protect the interests of STC token holders as the team transitions its focus towards new ventures. Originally launched by undergraduates from Kozminski University in Warsaw, Poland, Student Coin began as a...

[PRESS RELEASE – Whitefish, Montana, October 29th, 2024] ARQ Securities is pleased to announce it has received its Digital Alternative Trading System (ARQ Securities ATS) and is launching the platform on Liquidity.io [today October 29th, 2024]. Liquidity.io is a cutting-edge platform designed to revolutionize the trading and settlement of private credit and private stock for accredited and institutional investors. It took nearly three years of extensive software development...

[PRESS RELEASE – London, UK, October 29th, 2024] The funding will support network growth in KRNL Labs’ quest to build the node package manager for decentralized computing KRNL Labs is pleased to announce a $1.7 million pre-seed funding round to build the largest open, multichain software registry in Web3. The round was backed by notable investors including TRGC, Superscrypt, Ryze Labs, Builder Capital, Blockchain Founders Fund, WAGMi Ventures, STIX, YAP Capital, and several...

[PRESS RELEASE – Dubai, UAE, October 29th, 2024] PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands. With over 1 million app downloads, 30,000+ daily active users, and a vibrant community exceeding 220,000 members, Blast Royale aims to...