Azra Games raises over $42m to develop blockchain-integrated game

azra-games-raises-over-42m-to-develop-blockchain-integrated-game

Azra Games, a video game developer based in Sacramento, has secured $42 million in Series A funding, bringing its total funding to $68.3 million. The investment comes from prominent backers such as Pantera Capital, Andreessen Horowitz (a16z), and NFX, signaling strong investor confidence in the potential of blockchain gaming. The company, led by CEO Mark […]

Degen is up 223% in 30 days as Base Blockchain DEX volume surges

degen-is-up-223-in-30-days-as-base-blockchain-dex-volume-surges

Degen, a popular meme coin on the Base Blockchain, has experienced a significant rebound, making it one of the best-performing cryptocurrencies in recent weeks. In the last 30 days, Degen (Base) has surged by over 223%, and from its lowest point this year, the token has gained an impressive 335%. According to data from Nansen, […]

SDAO soars 17% as SingularityDAO unveils merger with Cogito Finance, SelfKey

sdao-soars-17-as-singularitydao-unveils-merger-with-cogito-finance-selfkey

SingularityDAO has partnered with Cogito Finance and SelfKey to launch a new EVM-supported layer-2 platform called Singularity Finance, designed to tokenize real-world assets for decentralized finance (DeFi). The merger aims to bridge the gap between real-world assets and DeFi applications by integrating artificial intelligence (AI) assets, such as GPUs, into the blockchain. Key Features of […]

FTX wallet unstakes $28m in Solana, sparking fresh selloff fears

ftx-wallet-unstakes-28m-in-solana-sparking-fresh-selloff-fears

FTX could be preparing to offload more of its Solana (SOL) holdings, sparking fresh concerns of a potential selloff. According to data from Solscan, FTX recently redeemed 178,631 SOL tokens from its staking address, and these tokens are expected to be distributed across multiple wallets, with most likely flowing into major exchanges such as Binance […]

Bitcoin Cash up 12% in 24 hours, analysts expect the rally to continue

bitcoin-cash-up-12-in-24-hours-analysts-expect-the-rally-to-continue

On October 15, Bitcoin Cash (BCH) saw a remarkable surge, gaining 12.9% in just 24 hours and trading at $368 at the time of writing. This made BCH the leading gainer in the market, with 24-hour trading volume reaching around $7.26 billion, according to data from crypto.news. Created in 2017 as a hard fork of […]

Scroll employs Cysic’s ZK computing power to scale Ethereum faster

scroll-employs-cysics-zk-computing-power-to-scale-ethereum-faster

Scroll, an emerging Ethereum Layer 2 blockchain, has partnered with Cysic Network to integrate zero-knowledge (ZK) computing power into its system, aiming to accelerate Ethereum’s scaling capabilities. In a recent press release, Scroll announced its collaboration with Cysic Network, a layer providing zero-knowledge proofs, to enhance Ethereum’s transaction speed and efficiency. Cysic has two ZK-powered […]

Bitcoin rally prompts Metaplanet to stock up, bringing holdings to $56m

bitcoin-rally-prompts-metaplanet-to-stock-up-bringing-holdings-to-56m

Japanese investment firm Metaplanet has increased its Bitcoin holdings, purchasing 106.97 BTC (approximately $6.9 million) as part of its ongoing strategy to capitalize on the current Bitcoin rally. In an October 15 announcement, Metaplanet revealed that it had acquired an additional ¥1 billion (around $6.9 million) worth of Bitcoin. This latest purchase brings its total […]

Pi Network Mainnet Launch Speculation Grows—But So Do The Scam Allegations

pi-network-mainnet-launch-speculation-grows-but-so-do-the-scam-allegations

Pi Network’s release of Testnet 2 on October 8, 2024, has sparked renewed speculation about the platform’s much-anticipated Mainnet launch. The update introduces the ability for a select group of node operators to switch between Testnet and Mainnet seamlessly, generating optimism that the transition to the open network will be more streamlined. Additionally, the network […]

PUFFER soars after token launch and claims open

puffer-soars-after-token-launch-and-claims-open

Puffer Finance’s native token, PUFFER, experienced a significant surge in price on October 14 after the platform announced that token claims were officially open. Following this announcement, the price of PUFFER spiked by more than 55%, reaching highs of $0.49. The surge in interest led to website congestion, as a growing number of users rushed […]

Bitcoin price charts point to explosive gains in the long term

bitcoin-price-charts-point-to-explosive-gains-in-the-long-term

Bitcoin and other cryptocurrencies have had a strong start to the week, largely supported by ongoing discussions of economic stimulus in China, the world’s second-largest economy. Bitcoin (BTC) surged by 4.95%, surpassing the key resistance level of $65,000 for the first time since September 30. The cryptocurrency has gained more than 10% from its recent […]