Pudgy Penguins, the viral Ethereum-based NFT collection known for its iconic cartoon penguin characters, is preparing to launch its own native token, PENGU, by the end of 2024. The announcement came via the official Pudgy Penguins account on X, although a specific launch date has not yet been confirmed. PENGU will have a total supply […]

DogeUni, a project leveraging the Dogecoin blockchain, has made significant strides in enhancing the decentralized finance (DeFi) capabilities of Dogecoin with its latest integration of ClassZZ (CZZ) and DisChain (DIS). This strategic partnership aims to improve liquidity mining and cross-chain transactions, increasing the utility of Dogecoin within the rapidly evolving DeFi space. By combining these […]

DYDX, the native token of the decentralized exchange dYdX, has made headlines recently with an impressive 35% rally, reaching a seven-month high of $2.45 on November 6. This surge in price boosted DYDX’s market capitalization to over $1.67 billion, making it one of the top-performing altcoins of the day. The price increase has brought DYDX […]

After several months of sluggish performance, the NFT market has begun to show signs of recovery, with trading volume surging by 22% in November, according to a report by DappRadar. The market saw a total of $698 million in trading volume, a significant increase from October’s figures. DappRadar analyst Sara Gherghelas attributes the rise in […]

On Dec. 5, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in trading volume, reaching $7.1 billion, a 50% increase from the previous day. This spike occurred as Bitcoin’s price dropped below the $100,000 threshold. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net inflows of $766.66 million on Dec. […]

Chris Burniske, a former analyst at ARK Invest and current partner at Placeholder, has cautioned crypto investors against overly optimistic targets, urging a more cautious and realistic approach to expectations in light of Bitcoin’s recent surge. In a post on X on Dec. 6, Burniske reflected on past market cycles, advising investors to balance optimism […]

Theta Network has partnered with FlyQuest, a prominent North American esports organization, to introduce an AI-powered esports chatbot named a.PHiD. The chatbot, designed to enhance fan engagement, will be accessible through FlyQuest’s website and Discord, offering real-time responses to fan queries about rosters, upcoming matches, and results. AI Chatbot for Enhanced Fan Interaction The collaboration […]

El Salvador bonds saw a significant rally on December 5, largely driven by Bitcoin’s price surge past the $100,000 mark, according to Bloomberg’s indicative pricing data for sovereign-issued debt. This phenomenon marked a historic moment as Bitcoin was credited with pushing El Salvador’s sovereign bonds higher in traditional markets for the first time ever. The […]

Phantom Wallet, a popular Solana-native wallet with over 7 million monthly active users, has announced its integration with the Sui Layer-1 blockchain. This addition will significantly enhance the wallet’s capabilities, enabling unified cryptocurrency storage and trading across web3. The integration, revealed on December 5, highlights Phantom’s ongoing effort to expand its support for multiple blockchains, […]

On December 5, Archax, a regulated digital securities exchange and custodian authorized by the Financial Conduct Authority (FCA), announced a strategic partnership with XDC Network, a layer-1 blockchain. This collaboration aims to drive the adoption and expansion of tokenized real-world assets (RWAs) by leveraging the power of regulated digital assets and blockchain technology. The Objective: […]