Cardano (ADA) has experienced a significant decline in developer interest and activity recently. According to DeFi Llama, the number of monthly developer commits has dropped from 3,380 in May to 3,300 in June, and currently stands at less than 2,000 this month. This indicates a lack of enthusiasm and innovation within the Cardano ecosystem, leading
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In recent days, the spot Bitcoin ETFs have been experiencing positive inflows, leading to a resurgence in the price of Bitcoin itself. Just today, the price of Bitcoin reached $66,000 for the first time in about a month. This marks a significant recovery for the cryptocurrency, which had previously dropped to a three-month low of
Australian computer scientist, Craig Wright, who claimed to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is facing potential criminal charges for perjury and forgery of documents. A recent ruling in the COPA vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for consideration. The judge
Delabs Games, a well-known South Korean game development company, has once again made waves in the gaming world with their latest creation, Giga Chad Bat. This clicker game, based on baseball, is now available on the popular messaging platform Telegram, equipped with Web3 capability. Giga Chad Bat aims to provide users with a playful and
The decentralized finance (DeFi) platform LI.FI protocol has recently fallen victim to an exploit resulting in the theft of over $8 million. The breach was first detected by Cyvers Alerts, who noticed suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI issued a statement on July 16, cautioning users to refrain from interacting with any
With the recent expansion of Axie Infinity Homeland, players now have the opportunity to engage in Avatar Mode, a feature that allows them to embody their Axie NFT as an avatar within the game. This new mode opens up a world of possibilities for exploration and social interaction, regardless of land ownership. In the virtual
The landscape of lobbying in the crypto industry has seen a significant shift over the past seven years, as highlighted by a recent study conducted by Social Capital Markets. The study reveals an astonishing 1,386% increase in lobbying expenditures by crypto companies, soaring from $2.72 million in 2017 to a staggering $40.42 million in 2023.
The US spot Bitcoin ETFs have been experiencing a significant uptrend, with a daily net inflow of $301 million recorded on July 15th. This marks the seventh consecutive day of positive inflows, signaling a strong interest in Bitcoin ETFs among investors. The top spot Bitcoin ETF, BlackRock’s IBIT, led the way with net inflows of
Recently, Ethereum (ETH) has seen an uptick in its price within the last 24 hours. The reason behind this surge is the anticipation of the launch of Spot Ethereum ETFs in the near future. This development has sparked optimism among investors regarding the potential impact on the price of ETH. According to Bloomberg analyst Eric
Bitcoin has once again surpassed the $63,000 mark this week, demonstrating its continued bullish momentum in the crypto market. However, the recent activation of a dormant Bitcoin address containing 1,000 BTC worth approximately $60 million has caught the attention of many investors. This particular wallet, which had been inactive for over a decade, initially received
