In the rapidly evolving world of cryptocurrency and decentralized finance (DeFi), one platform has been making waves recently. Scroll, a ZK rollup Layer 2 network, has seen a significant surge in its Total Value Locked (TVL) over the past week, reaching an impressive $1.03 billion according to L2Beat data. This marks a 23% increase and
The Sandbox has revolutionized the way its users can complete transactions by introducing a new update that allows for direct LAND transactions through its website. This update eliminates the need for third-party platforms, providing a seamless experience for buying and selling LAND within the platform itself. Users can now list, buy, and manage their properties
In the rapidly evolving financial landscape, keeping abreast of the latest developments is crucial for investors and market participants. The collaboration between Wirex and Visa presents a groundbreaking opportunity to streamline digital transaction processing. Wirex, known for its innovative Web3 money app, has joined forces with Visa, a global leader in digital payments, to enhance
Recently, South Korean lawmakers introduced a bill to postpone the implementation of the crypto gain tax until 2028. This decision was made in response to the current negative sentiments surrounding the cryptocurrency industry. The ruling political party argues that with the declining investment sentiment towards virtual assets, hastily imposing taxes on them may not be
Despite recent bearish trends in the market, JP Morgan, an American multinational finance company, has maintained a bullish stance on the Bitcoin price outlook. The bank has announced a timeline for the conclusion of ongoing BTC liquidations, with a prediction of a subsequent rebound in the market. According to a research report released by JP
During the past week, digital asset investment products experienced record-breaking inflows amounting to $1.44 billion, contributing to the year-to-date inflows of $17.8 billion. This surge in investment activity shattered the previous record set three years ago. Despite the strong inflows, trading volumes remained relatively low at $8.9 billion for the week, falling short of the
Bitcoin has recently surged back to the $63,000 level, marking a two-week high that has caught the attention of analysts. The move has been attributed to “U.S. whales,” with institutional Bitcoin purchases on the rise again. A key indicator that analysts have looked at is the Coinbase premium gap, which has shifted from a selling
XRP, the cryptocurrency created by Ripple, has seen a significant price increase recently, outperforming major digital assets in the market. With a 27% price jump in just a week, XRP has caught the attention of many investors and analysts. The cryptocurrency market as a whole has been on a rally, with a total market capitalization
In a bold move, Metaplanet, an investment firm based in Japan, recently made a significant Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million) to add to its holdings. This decision comes at a time when Bitcoin is trading at $57,652, down 8% over the last week, and struggling to reclaim the $60,000 mark.
An unsuspecting investor recently fell victim to a phishing scam on Blur Marketplace, resulting in a staggering loss of $240,000 worth of NFTs overnight. This was not your run-of-the-mill phishing scheme involving deceitful emails or messages; rather, it was a carefully orchestrated technical maneuver. The scammer took advantage of a vulnerability in Blur’s listing system
Whether you are a veteran player of Guild of Guardians or a newcomer looking to delve into this captivating RPG world, mastering the Idol Sacrifice feature can be a game-changer. This feature offers a unique opportunity to acquire rare and powerful guardians through a challenging yet rewarding method. By understanding the mechanics of Idol Sacrifice,
The upcoming United States elections set for November hold the potential to be a crucial juncture for the American crypto industry. This is primarily due to the contrasting perspectives of candidates on digital assets. According to the popular crypto exchange, Coinbase, the support from crypto voters could play a pivotal role in determining the outcomes
The 2024 presidential election has seen a significant shift in voter attitudes towards cryptocurrency, particularly among Republicans. A poll funded by Paradigm, a crypto-focused investment firm, revealed that Donald Trump’s endorsement of the industry has influenced many Republican voters. Initially, 13% of Republicans who were undecided about supporting Trump have expressed more enthusiasm after he
The current state of Bitcoin (BTC) is hanging on a crucial edge that could determine whether its price will stabilize or continue to plummet. Various indicators provide conflicting signals about the future direction of the leading cryptocurrency. While some metrics suggest that BTC has reached the bottom of its recent correction, others point to the