Infinex NFTs top $40M sales in first four days, despite NFT bear market
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market. Go to Source
Month: September 2024
Ethereum fractal hints at $3.3K as analyst says its ‘go time’ for ETH price
Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024. Go to Source
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront Economic Hurdles as Bitcoin Hashrate Dips Bitcoin miners are … Read more
Bitget and Foresight Ventures invest $30M in TON blockchain
With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans. Go to Source
Memecoins, P2P and TON drove 1,614% user growth in Africa — Bitget
Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget’s user growth in the region. Go to Source
AI faces ‘Immense’ risks without blockchain: 0G Labs CEO
Michael Heinrich warns against centralized AI systems evolving without human input, advocating for blockchain-based decentralized governance to ensure transparency. Go to Source
Microsoft, G42 Open 2 AI Centers in Abu Dhabi
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects for societal goals, and strengthen the relationship between Microsoft and the UAE. G42’s partnership … Read more
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters. Go to Source
Can Berachain’s new token challenge Solana and Ether dominance?
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024. Go to Source
BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, … Read more