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Tag Archives: News

Bitcoin Cash Analysis: Bulls Struggle To Clear Key Hurdle

Bitcoin cash price started a fresh decline from the $250 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $242 resistance zone. Bitcoin cash price is struggling below the $240 zone against the US Dollar,...

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Animoca Brands, AWS, and Polygon Labs Unite to Propel Web3 Development

The program’s primary objective is to support aspiring builders by guiding them through the entire life cycle of a Web3 startup. Animoca Brands Corporation Ltd announced earlier today that it has formed a strategic partnership with Amazon Web Services (AWS), and Polygon Labs to support Web3 builders worldwide via the launch of the MoonRealm Express Accelerator. We’re pleased to introduce MoonRealm Express Accelerator, a collaboration with Amazon Web Services (@awscloud and @awsstartups)...

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BlackRock Files for Ethereum Spot ETF with SEC

Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum. BlackRock Inc (NYSE: BLK), a top investment asset management firm, has filed for a spot Ethereum Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This comes only a week after it registered the ETF dubbed iShares Ethereum Trust with Delaware’s Division of Corporations, and almost six months after filing for Bitcoin equivalent,...

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Astrobotic Sends Dogecoin to the Moon on December 23rd

This milestone is not just a technological achievement, but a symbolic moment for the Dogecoin community. In a surprising announcement that has sent ripples through the blockchain community, the Dogecoin (DOGE) team took to X today to reveal that Astrobotic Technology, an American space robotics company has planned to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket. The rare expedition to the moon is expected to take place on December 23, 2023....

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Philippines to Start Selling Tokenized Treasury Bonds Starting Next Week

Philippines’ state-owned Development Bank of the Philippines and Land Bank of the Philippines serve as the issue managers for the tokenized treasury bonds. The Philippines aims to boost its domestic debt market by introducing tokenized treasury bonds, with an initial offering of at least 10 billion pesos ($179 million). This marks the country’s first foray into the issuance of tokenized bonds. However, the government retains flexibility in adjusting the issue size. The move aligns with...

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Solana Fires Back at CertiK, Says Saga Phone Flaw Claims Are ‘Inaccurate’

Solana argues that an attacker would still need the permission of the phone owner to gain entry. Solana has responded to claims by blockchain security firm CertiK that there is a security threat to its Saga phone. In a Wednesday video post on X, CertiK alleged that the holders of the smartphone may be exposed to what is called a “bootloader vulnerability”. According to the firm, this loophole could allow bad actors to create some sort of backdoor access to the phone. In a bid to highlight...

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Paxos to Issue New US Dollar-Backed Stablecoin in Singapore

The in-principle approval granted by the Monetary Authority of Singapore positions Paxos to offer digital payment token services, marking a significant step towards establishing a foothold in the Singaporean market. Blockchain infrastructure firm Paxos has announced plans to issue a US dollar-backed stablecoin for its customers in Singapore. The initiative comes after Paxos reportedly received preliminary approval from the Monetary Authority of Singapore (MAS), paving the way for the...

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PancakeSwap Unveils Web3 Gaming Platform, Boosting CAKE’s Bullish Narrative after Descent 132% Breakout in One Month

PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both developers and gamers. According to the announcement, the PancakeSwap Gaming Marketplace will cater to gamifi developers by providing a platform to...

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Infura Network Partners with Microsoft and Other Top Tech Firms to Create Decentralized Web3 Infrastructure

Andrew Breslin clarified that the idea was more about the numbers than the big-name firms that it appears Infura had targetted. Infura, the Web3 infrastructure firm from Consensys, has just entered into multiple partnerships with Microsoft and Tencent. The move, which appears to be in line with its vision of achieving progressive decentralization, also saw it tap 16 other Web2 giants alongside the leading technology giants. Infura to Launch a DIN Infura announced the partnership during a...

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Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace

As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime. As the altcoin market buzzes with strong activity, Avalanche’s native cryptocurrency AVAX has registered a staggering 25% gain in the last 24 hours, with its price surpassing $22.57. The latest AVAX price rally comes on the backdrop of strong developments within the Avalanche ecosystem. In a...

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