Bitcoin Market Settling Down According to a recent report by Glassnode, Bitcoin markets have experienced a cool down after several months of intense distribution pressure. This comes after a significant period of distribution into the All-Time High (ATH). Despite the lighter sell-side activity, capital inflows remain relatively modest. However, the…
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising $47 million. May Sees $474M Invested in Blockchain Startups Since the start of…
Zug, May 20, 2024 – Polimec, a new decentralized funding protocol developed on the Polkadot network, has officially launched. The protocol aims to address challenges in the fundraising landscape for Web3 projects by promoting transparency, accessibility, and regulatory compliance. Decentralized fundraising has seen a variety of methods, from initial coin offerings (ICOs) to decentralized autonomous…
Binance Launches USDC Trading Pairs Promotion In celebration of the launch of USDC trading pairs on Binance P2P, Binance is offering a total of 7,000 USDC in Token Vouchers for P2P takers, according to an announcement on Binance.com. The promotion period runs from May 21, 2024, 00:00 (UTC) to June…
Binance Introduces Word of the Day Game In a bid to enhance crypto education, Binance has launched a new Word of the Day (WOTD) game. The initiative is designed to help users increase their crypto vocabulary while keeping abreast of the latest market developments. The theme for the week is…
In a significant stride for both gaming and blockchain, the beloved Japanese soccer manga series Captain Tsubasa has found a new home on the Oasys blockchain. This new venture, developed by Mint Town, Co., Ltd. and BLOCKSMITH&Co., a subsidiary of mobile gaming giant KLab Inc., introduces Captain Tsubasa -RIVALS-. This game offers an immersive experience…
Latin America’s Embrace of Crypto Latin America is seeing a significant shift towards digital payments, with the adoption of crypto assets being driven by continued comfort with online experiences post-COVID and unsettling inflationary issues in parts of the region, according to Ripple (XRP) insights. While consumer enthusiasm for cryptocurrency is…
An Accelerated Shift to Instant Payments Across Europe Instant payments are becoming the transaction method of choice for consumers and businesses across the European Union and the United Kingdom. Entities like the European Commission (EC) are driving this progress, striving to build a more resilient financial infrastructure and make instant…
Smart contract platform Solana (SOL) is moving to the top of CoinGecko’s list of fastest blockchains. In a new publication, CoinGecko says Solana is a staggering 46 times faster than its rival Ethereum (ETH), the second-largest digital asset by market cap, making it the fastest large blockchain on the market. However, CoinGecko says that Solana…
APAC Dominates in Instant Payment Innovations The Asia Pacific region is leading the way in the adoption and implementation of instant payments, thanks to innovative technology, widespread smartphone access, and favorable regulations. This has positioned the region as a global pioneer in instant payments, facilitating easy access to real-time settlements….