FOMO and Rug Pulls Fuel Memecoin Mania on Base
The madness of memecoin has come to Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it remarkable price surges for certain shitcoins and token rug pulls. On July 30, traders…
How Blockchain is Revolutionising Fundraising for Startups and Entrepreneurs
The venture capital world has long been known for its traditional approach to funding and investing in startups, but blockchain technology is set to revolutionize the way venture capital operates….
Chinese City to Launch Blockchain Digital Infrastructure System by 2025
Shanghai’s Urban Blockchain Digital Infrastructure System On July 31, the Chinese city of Shanghai issued an implementation plan to promote the development of its urban blockchain digital infrastructure system in…
Japanese Group HashPort Raises $8.5M for Web 3.0 and Metaverse Development
HashPort Raises $8.5 Million for Blockchain Expansion Japanese blockchain developer HashPort has closed a Series C funding round, raising 1.2 billion Japanese yen ($8.5 million). The round was led by…
US Treasury Bills Worth $72.5B: Tether’s Excess Reserves Up to $3.3B
Tether Increases Treasury Reserve Holdings Tether has continued to boost its treasury reserve holdings that back up its circulating USDT (USDT) tokens, according to its financial attestation for the second…