Stars Arena, a decentralized social media (DeSo) application, has recently caused a significant surge in activity on Avalanche’s C-Chain network. This surge in activity has not only boosted the network’s performance but also resulted in a remarkable price increase of the native AVAX (AVAX) token, which has grown by over 8% in the past 24
Altcoins
The Open Network (TON), a decentralized blockchain platform initially designed by Telegram, has recently secured significant funding from MEXC Ventures, the venture arm of the cryptocurrency exchange MEXC. With this partnership, TON aims to promote global accessibility to Web3 by lowering barriers to entry. This collaboration between MEXC Ventures and the TON Foundation brings forth
The most recent Digital Asset Fund Flows Weekly Report by CoinShares, a prominent European digital assets management firm, provides valuable insights into the current state of cryptocurrency investments. According to the report, cryptocurrency assets saw inflows for the first time in six weeks, from September 22 to 28. This development points to a potential shift
In a recent development, an individual in China has been fined a staggering 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites while working remotely for a foreign employer. This incident has raised concerns within China’s IT and Web3 circles, as many rely on VPNs for similar remote-work tasks.
A crypto trader and educator, Thomas Kralow, recently embarked on an audacious journey across the United States. His goal was to travel from New York to Alaska, relying solely on cryptocurrency trading to fund his adventure. With an initial budget of $5,000, Kralow set off on this daring expedition alongside his assistant Ilya. Equipped with
The native OP token of Optimism has been facing a significant downturn in price among the top 50 cryptocurrencies, dropping as much as 10% in the week leading up to a $30 million token unlock. With 24.16 million OP tokens set to be unlocked on September 30, comprising approximately 3% of the circulating supply, a
Chainlink, the decentralized oracle network, has found itself at the center of controversy due to a recent change in the number of signers required on its multisig wallet. The move has garnered backlash on social media from vocal critics, leading to concerns about the security and decentralization of the network. Crypto researcher Chris Blec was
Marieke Flament, the CEO of Near Foundation, has recently stepped down from her position. The foundation is known for its creation of the Near Protocol, a layer-1 protocol seeking to advance the capabilities of blockchain technology. Flament’s departure has led to the appointment of Chris Donovan, the former general counsel of Near Foundation, as the
In a shocking turn of events, None Trading, a popular trading tool for cryptocurrencies and nonfungible tokens (NFTs), has announced its shutdown. The reason cited for this sudden closure is a “critical exploit” within the infrastructure of the platform. This exploit not only led to the loss of a substantial amount of funding but also
In a surprising turn of events, lawyer Mark Scott, responsible for laundering $400 million from the OneCoin fraud, has been denied a motion seeking a new trial. This decision comes despite the revelation that a prosecution witness perjured themselves during the original trial in 2019. 54-year-old lawyer Mark Scott argued that he had no knowledge
