Category Archive: Cryptocurrency, No picture
Pyth Network boosts Morph DeFi ecosystem with real-time price feeds
Blockchain infrastructure provider Pyth Network announced the implementation of its price feed into Morph testnet. The collaboration introduces over 500 real-time price feeds from Pyth, spanning various asset classes, into Morph’s layer-2 platform. “The partnership between Pyth Network and Morph opens doors for developers to create cutting-edge DeFi applications that leverage reliable data and scalable […]
NFT lending volume surpass $2 billion in Q1 as holders search for liquidity
The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. “Crypto markets are all about market rotation […] There’s clearly a trend where OG NFT holders are leveraging these [lending] platforms to get […]
NEAR Protocol preps for AI announcements to boost web3
In an interview with Crypto Briefing, Chris Donovan, COO of NEAR Foundation, discussed Near Protocol’s vision for integrating AI into the web3 ecosystem and driving mass adoption, among other topics.AI integration and web3 missionNear Protocol, which began as an AI project before pivoting to blockchain, sees significant potential in the intersection of web3 and AI. […]
Warren Buffett-backed Nubank enables crypto withdrawals for BTC, ETH, SOL
Nubank, Brazil’s premier digital bank backed by Warren Buffett, has allowed customers to withdraw Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly from their Nubank Wallet. With this update, users can now send and receive these crypto assets seamlessly via the bank’s app. JUST IN: 🇧🇷 Brazil’s largest digital bank Nubank now allows customers to […]
Strike launches in Europe to offer Bitcoin services
Strike, a Bitcoin-centric payments app, has announced its expansion into the European market, capitalizing on the cryptocurrency’s resurgence and aiming to provide a streamlined experience for users.Founder and CEO Jack Mallers views Europe as Strike’s second-biggest market after the United States. The company’s expansion comes amid Bitcoin’s recent price surge, which has seen the alpha […]
Injective unveils largest tokenomics upgrade with INJ 3.0 release
Injective has activated the INJ 3.0 update, designed to inject long-term value and support the growth of the Injective ecosystem. The latest version’s key focus is a substantial reduction in the supply of Injective’s native token, INJ, which the team said is the largest tokenomics upgrade. INJ 3.0 is officially live on mainnet, allowing $INJ […]
Bitcoin on track to hit $150,000 by year-end and $200,000 by end of 2025: Standard Chartered
Despite widespread caution from analysts predicting a post-halving slump, Geoff Kendrick, head of digital assets research at Standard Chartered, is doubling down on his optimistic outlook, saying Bitcoin could reach $150,000 by year-end and $200,000 by the end of 2025.Before the US Securities and Exchange Commission greenlit several spot Bitcoin ETFs, Standard Chartered boldly predicted […]
Changpeng Zhao could face a 3-year prison term as DOJ seeks to deter crypto crime
The U.S. Department of Justice (DOJ) has called for a 36-month prison sentence and a $50 million fine for Binance founder and former CEO Changpeng Zhao, also known as CZ, in connection with his role in the crypto exchange’s violation of federal sanctions and money laundering laws.In a sentencing memo filed Tuesday night, DOJ attorneys […]
Investors create group to take legal action against ZKasino co-founders
Investors created a Telegram called “ZKasino Legal Task Force” aiming to prosecute gambling blockchain infrastructure ZKasino co-founders after they swapped nearly $33 million in Ether (ETH) for their native token. After the swap, the co-founders went dark and their groups started banning users that suggested the possibility of an exit scam being executed, according to […]
Venture capital firm reports 109% net growth Q1 boosted by meme coins
Venture capital firm Stratos announced a 109% net return for its liquid token fund in the first quarter, attributing the substantial gains to its investments in Solana, Nosana, and the meme coin Dogwifhat (WIF), which alone provided a 300-fold return. The total net value is over 25 times when compared to its second early-stage venture […]
