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Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million, yet this was a 13% decrease from the preceding week. NFT Marketplace Struggles as Sales Dip for Another Week As another week concludes, the metrics … Read more
Following a series of network disruptions, Zilliqa has restored network functionality and is focused on debugging amid its v9.3.4 network upgrade. Go to Source
Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an industry-leading energy efficiency ratio of 18.5 joules per terahash (J/T), 185 terahash per second (TH/s) of hashing power, and … Read more
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex Attracts $5 Million to Develop Solana-Powered Agricultural Marketplace Agridex‘s platform, which operates on the Solana … Read more
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly and secure. Derec Alliance Forms to Enhance Blockchain Recovery Solutions The Derec … Read more
The Web3 and AI firm Giza plans to bring autonomous bots onto Starknet by the end of June. Go to Source
Chainalysis relocates its regional headquarters to Dubai, reflecting the UAE’s progressive stance toward blockchain technology. Go to Source
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy. Go to Source
Quantum computers will be able to crack today’s main cryptographic algorithms employed by the whole internet, including banking applications, email providers, and social media platforms. Go to Source
Regulators like HKMA and SFC united with local private sector firms like HSBC and HashKey to support the market of tokenization in Hong Kong. Go to Source