Markets

Singapore, Singapore, September 12th, 2024, Chainwire Aethir, a distributed GPU cloud computing innovator, is teaming up with Unite, a leading Layer 3 chain solution for mass-market mobile games, to empower developers and streamline Web3 game development. By leveraging Aethir’s advanced cloud technology alongside Unite’s L3 chain solution and game development framework, this partnership enhances scalability, performance, and accessibility for Web3 mobile games. Aethir’s cloud solutions...

Boston, Massachusetts, September 11th, 2024, Chainwire Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation’s inaugural funding initiative,...

Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects. The integration enables new tokens to achieve attention and sustainability on Solana. Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature. Beginning September 6, Orbitt MM...

The crypto market is notorious for its highly volatile nature, with few price movements lasting much longer than a week. Bitcoin’s (BTC) influence has also significantly contributed to the relatively unstable market lately, leaving many top tokens, including Ethereum (ETH), in quite the situation. Then again, things are starting to look up for the ETH token, and a new DeFi coin is launching on the blockchain to switch things up, too. Ethereum Suffers From Bitcoin Swings The whole...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

South Korean Financial Supervisory Service (FSS) announced on Tuesday that it will start inspecting cryptocurrency exchanges to uncover illegal or unfair practices. This is the first inspection since the new Virtual Asset Users Protection Act came into effect in July. It looks for signs of money laundering and checks if new rules designed to safeguard virtual assets and record transactions are being complied with by the exchanges. According to the FSS, they plan to: “Maintain market order by...

VanEck has decided to close and liquidate the VanEck Ethereum Strategy exchange-traded fund (EFUT) after carefully considering several factors, including the fund’s performance, liquidity, and investor interest. The company has given its shareholders until September 16th, 2024, to dispose of their shares before the fund is taken off the exchange. The Board approved the liquidation of Trustees of VanEck ETF Trust on September 5, 2024. The Ethereum Futures ETF (EFUT), which is traded on the...

It’s been a crazy few weeks for DOGS (DOGS) holders. The coin’s price has rallied since its airdrop campaign ended in late August, making DOGS one of the market’s hottest new launches. And now another player is gearing up to make its mark. Pepe Unchained (PEPU) has raised over $12 million in its presale – and is preparing for its first exchange listing soon. DOGS Token Airdrop Sparks Huge Investor Hype What a wild ride it’s been for DOGS holders lately. After one of the...

TL;DR Ripple’s XRP has dropped 10% in two weeks, with declining transaction activity and a broader market downturn suggesting that its correction may continue. The ongoing Ripple v. SEC lawsuit could introduce more volatility for XRP, with recent legal developments sparking speculation of a potential appeal by the regulator. XRP to Bleed Even More? The past two weeks have been unpleasant for Ripple’s XRP, whose price tumbled by 10% and is currently trading at around $0.53...

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s (BTC) price and the downward trajectory of the broader crypto market. According to a report by CryptoQuant analyst EgyHash, this could be a sign of an incoming massive rally. Bitcoin UTXOs in Profit Decline A Bitcoin UTXO refers to the amount of cryptocurrency that...