In the ever-volatile world of cryptocurrency, the past week has seen a mixed bag of results for major coins. While some experienced slight declines, others, such as Popcat, have shown remarkable strength in the market. Notably, Bitcoin saw a 3% slide following a drop in open interest for BTC futures among institutional investors. On the
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Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. As a web3 content writer, journalist, and aspiring trader, Edyme has made a name for himself in the crypto space. His journey into the world of cryptocurrencies was not a smooth one, as he initially fell victim to a Ponzi
The US Securities and Exchange Commission’s recent actions against various cryptocurrency platforms have stirred up controversy and concern within the digital asset community. OpenSea, a popular NFT platform, is the latest target of the SEC’s scrutiny. Devin Finzer, the CEO of OpenSea, took to social media to express his dismay at the regulatory watchdog’s move.
Binance, the world’s largest cryptocurrency exchange, continues to broaden its range of trading options to cater to its users and adapt to market trends. The recent announcement includes the addition of new trading pairs such as DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC on the Binance Spot platform. Additionally, the company will introduce trading bot services for
The Cardano network is on the verge of one of its most significant upgrades, poised to introduce new features and finalize the blockchain’s transition into a community-run network. Originally scheduled for August 27, the Chang hard fork has now been delayed to September 1, 2024, to allow crypto exchanges like Binance more time to prepare
OpenSea, a popular NFT platform, recently received a Wells Notice from the SEC regarding the classification of NFTs as securities. This move by the regulatory body has sparked concerns within the NFT community, particularly among creators and artists who fear the implications of such actions on their livelihoods. CEO Devin Finzer expressed shock at the
The embattled crypto platform WazirX has found itself in hot water after a $234 million hack in July. As a result, the platform has entered into an initial 30-day moratorium, with a potential extension pending a decision by Singapore’s High Court. This move came after rival platform CoinSwitch announced its intention to take legal action
Cardano and its native token, ADA, faced a significant decline in the second quarter of 2024, aligning with the overall downturn in the cryptocurrency market. The price of ADA dropped by 39.7% to $0.39, while its market capitalization fell by 39.4% to $14 billion. These numbers reflect a substantial decrease in key performance indicators for
Gameplay Galaxy, a rising star in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This boost in funding has propelled the company’s total valuation to $71 million, with a cumulative funding amount of $24 million. The primary focus of this latest funding round is to drive the
Maker, one of the pioneers of decentralized finance (DeFi) lending protocols on Ethereum, has recently undergone a significant rebranding to Sky. This rebranding comes with key upgrades to its decentralized stablecoin system. The stablecoin, formerly known as DAI, has now been rebranded to USDS, while the governance token MKR has been changed to SKY. The
