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…
Exploring the Intersection of Oracles and Multichain with Luna Terra Crypto
Crypto Luna and Terra Luna Ecosystem In 2022, the future of Cosmos and its mission of inter-blockchain communication (IBC) looked uncertain. The collapse of the Terra Luna ecosystem (the largest…
Millions Lost in Web 3.0 Token Launch Snafu
What is Web 3.0? The launch of memecoin Pond0x on July 28 has reportedly caused millions of dollars in losses for investors, according to data from the Maestro trading app….
Will Worldcoin’s Price Drop Further After 70% Drop from Peak?
The latest on crypto is that the price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges. On July 29, the WLD rose nearly 6%, reaching…
Kyrgyz President Gives Nod to Hydropowered Crypto Mining
Kyrgyzstan to Invest in Crypto Mining The Kyrgyz Republic, a central Asian state bordering China, is reportedly investing in cryptocurrency mining with the support of the local government. According to…
Major Volatility Alert: 10K BTC Hits Exchanges
On July 27, Bitcoin (BTC) returned to exchanges in a large number, suggesting that “major volatility” could be on the horizon. According to data from Glassnode, a provider of on-chain…