The recent volatility in the cryptocurrency market has once again brought into focus the unpredictable nature of digital assets. With the total crypto market capitalization surpassing $2 trillion, only to plummet by $500 billion in less than a week, investors have been left reeling from the rapid ups and downs. The figures paint a picture
Supervillain Wanted is a new game that has caught the attention of both the gaming and blockchain communities due to its unique play-to-earn approach. The game, developed by Supervillain Labs, aims to combine elements from both Web 2 and Web 3 gaming realms to create an immersive experience for players. One of the key features
Cardano’s performance in July stood out amidst the overall crypto market downturn. The Cardano foundation reported a notable increase in on-chain activity, showcasing the network’s resilience and growing user engagement. Despite the broader market setbacks, Cardano continues to sustain and build momentum. The data provided by the foundation revealed that Cardano saw a modest yet
Cardano’s journey towards decentralization and innovation is divided into distinct phases known as “eras.” Each era is named after influential poets, mathematicians, or computer scientists and brings in new features through hard forks. From Byron to Shelley, Goguen to Basho, and now Voltaire, Cardano has been steadily progressing towards a fully decentralized blockchain ecosystem. The
In the past 24 hours, the cryptocurrency market has experienced a drastic sell-off, with both Bitcoin and Ethereum plummeting over 20% in value. This significant drop has caused widespread panic and uncertainty among investors, leading to a ripple effect throughout the digital asset industry. At the center of this chaos is Justin Sun, the founder
Unstoppable Domains and Amazon Web Services (AWS) recently held a global virtual hackathon that attracted an impressive 1,162 participants from all over the world. The event, hosted on Devpost.com, brought together developers to explore the possibilities of combining AWS’s cloud computing capabilities with Unstoppable Domains’ blockchain-based digital identity solutions. During the hackathon, participants were tasked
Following a significant market crash that caused Ethereum to tumble 23% in less than 24 hours, U.S. spot Ethereum ETFs experienced a positive day of inflows. On August 5th, the total inflow for the nine newly launched spot ETH ETFs was $49 million, marking its second-highest inflow day since their introduction. This surge suggests that
Jan van Eck, the CEO of VanEck, has made waves in the cryptocurrency community by predicting that Bitcoin could surge to an impressive $350,000. This price target, if achieved, would mark a significant milestone for the world’s largest cryptocurrency. While Van Eck remains optimistic about Bitcoin’s future value, it’s important to critically analyze the basis
As a response to the increasing complexity of cybercriminal activities involving digital assets, the US Secret Service is set to receive enhanced investigative authority. The new bill introduced in the Senate by Senators Catherine Cortez Masto and Chuck Grassley aims to provide the Secret Service with the necessary tools to combat transnational cybercriminal activities effectively.
Recently, US developer Laguna Games and Crypto Unicorns DAO made a joint announcement regarding the shutdown of the Unicorn Party. This series of games, which included Bumpercorns, Mob Run, Unicorn Trivia, and real-money wagering features, aimed to reach a wider audience through simplified gameplay and rewarding systems. However, the decision to sunset these four titles
The Abu Dhabi Blockchain Center has recently been unveiled, symbolizing the region’s dedication to advancing innovation and growth within the Web3 ecosystem. The primary goal of establishing this center is to position Abu Dhabi as a global pioneer in blockchain technology and innovation. By serving as a hub for startups, enterprises, and academic institutions, the
When analyzing the current price of Bitcoin (BTC), it becomes evident that the cryptocurrency is facing a critical support level at $63,000. This support level, as highlighted by the crypto analyst DonAlt, plays a crucial role in determining the future price movement of Bitcoin. If Bitcoin fails to maintain this key level, there is a
Telegram, a popular social messaging platform, recently introduced a new in-app browser with built-in Web3 for its close to a billion users worldwide. This new feature aims at revolutionizing the way users interact with decentralized websites and applications, making it easier and more seamless than ever before. One of the key highlights of the new
Marathon Digital (MARA) recently reported a second-quarter revenue of $145.1 million, which was below Wall Street’s expectations of $157.9 million. This 9% shortfall was attributed to operational challenges faced by the company, including unexpected equipment failures, transmission line maintenance at its Ellendale site, an increased global hash rate, and the impact of the recent halving