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Tag Archives: News

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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Bitcoin Sees 6% Rise and Heads to $38K as SOL and AVAX Record Double-Digit Spikes

Bitcoin and altcoins climbed over the last 24 hours, with a 6% rise in the king coin, and larger increases in altcoins. Bitcoin recorded a nearly 6% rise from yesterday, currently trading at nearly $37,600 as of this writing. The king coin’s jump is interesting, considering it fell below $35,000 on Tuesday. At some point during the day, Bitcoin hit $37,725.09. Altcoins Follow Bitcoin Rise Gaining Double Digits Bitcoin’s rise spread to altcoins, as ETH has jumped more than 4.%% to $2,065,...

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EOS Price Analysis: More Upsides Likely Above $0.75

EOS price is eyeing a fresh increase from the $0.658 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6995 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.765 and $0.780 resistance levels. EOS price is recovering above $0.700 against the US Dollar, like Bitcoin. The price...

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Litecoin (LTC) Price Analysis: Another 10% Increase Seems Likely

Litecoin started a steady increase above $72.00 against the US Dollar. LTC price is now trading above $72.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $70.10 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $74.80 and $75.00 resistance levels. Litecoin price is recovering from the $68.00 zone against the US Dollar, like Bitcoin. LTC...

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OKX to Launch zkEVM Layer 2 Network Atop Polygon CDK

As part of the partnership, OKX will play a pivotal role as a core contributor to Polygon CDK while allocating significant engineering resources to boost the technology stack of Ethereum scaling solutions. On Tuesday, November 14, OKX announced that it is introducing a Layer 2 network based on Ethereum’s zero-knowledge (ZK) technology, developed in collaboration with the Polygon Chain Development Kit (CDK). Additionally, OKX will play a pivotal role as a core contributor to the Polygon...

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LayerZero Labs Launches Colortrace, Onchain Attribution Solution 

ColorTrace is LayerZero’s solution to problems with Colored Coins, including the amount of storage required to color digital assets. Cross-chain communication protocol LayerZero has launched ColorTrace, a value attribution solution that facilitates fair tracking. The solution easily attributes tokens to the entity that minted the token, allowing for easy verification of the token’s origin and making related yield collection seamless. In addition to revenue distribution, ColorTrace can also...

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Samsung Launches AI Chatbot Gauss to Rival ChatGPT

According to Samsung, developers can benefit from an interactive interface offered by the “Gauss Code” that supports code description and test case generation functions to build corporate applications tailored to their needs.  Samsung Electronics, one of the leading global electronics companies based in South Korea, is expanding its foothold into the artificial intelligence market with the launch of its own chatbot dubbed Samsung Gauss. The company announced the launch of the new AI...

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JPMorgan and Apollo Pioneer Blockchain Tokenization in Asset Management

The move by JPMorgan and Apollo comes at a time when various traditional finance institutions are increasingly expressing interest in blockchain technology. In a groundbreaking move, traditional finance titans JPMorgan Chase & Co (NYSE: JPM) and Apollo Global Management Ord Shs (NYSE: APO) has successfully collaborated with blockchain firms to demonstrate a “proof of concept” for tokenization of funds on a blockchain platform of choice. The collaboration, which is part of Project...

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