Category Archives: Blockchain

Curve Finance joins forces with TON Foundation to enhance stablecoin trading

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Curve Finance and the TON Foundation have teamed up to host a hackathon focused on their Stable Swap Project, which aims to enhance stablecoin trading on the TON blockchain. Running until October 17, the event invites developer teams to participate in improving the trading experience and efficiency of stablecoins on the network. Participants will utilize […]

China’s CBDC platform registers 180m wallets, 7.3t yuan in transactions

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China’s central bank digital currency (CBDC) initiative has achieved a significant milestone, boasting 180 million personal wallets and a total transaction volume of ¥7.3 trillion yuan (approximately $1.02 trillion) across its pilot regions. This progress reflects the growing acceptance of the digital renminbi (e-CNY), which has been actively developed by the People’s Bank of China […]

Banana Gun goes parabolic as futures open interest hits all-time high

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Banana Gun, the popular crypto trading bot, has surged to its highest level in nearly two months, fueled by increased trading volume within its ecosystem. The Banana Gun (BANANA) token has risen for two consecutive days, hitting an intraday high of $55, marking a 68% increase from its September lows. This rally is taking place […]

Pi Network Rolls Out Testnet 2 – Is It Enough to Push Forward?

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Pi Network has launched Testnet 2, a new phase aimed at preparing for the anticipated Open Network. This update allows node operators to easily switch between Testnet and Mainnet, facilitating smoother transitions. However, despite these improvements, there are lingering concerns about whether this step is sufficient to advance the project significantly. The community is keenly […]

Sonic SVM’s SonicX onboards over 100k TikTok users to Web3

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Sonic SVM has launched a new Web3 game called SonicX on TikTok, aiming to simplify the blockchain experience for users. The game features an embedded wallet that allows players to join using their existing TikTok accounts, eliminating the need for complex private keys or passwords. In SonicX, players tap the screen to collect digital rings […]

Ubisoft to launch its first web3 game on Oasys

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Ubisoft, renowned for its iconic titles like Assassin’s Creed and Far Cry, is venturing into web3 gaming with the upcoming launch of its tactical role-playing game, Champions Tactics: Grimoria Chronicles, on the Oasys blockchain. Set to go live on October 23, 2024, the game will be part of HOME Verse, a gaming hub on Oasys, […]

South Korean regulator to review crypto ETF approval: report

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South Korea’s financial watchdog is taking steps to enhance its cryptocurrency regulatory framework by reviewing the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly established Virtual Assets Committee. This committee, chaired by the vice chairman of the Financial Services Commission (FSC), includes representatives from various government ministries and […]

Here’s why RabBitcoin, Catizen, and Dogs tokens have plunged

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Many highly hyped Telegram tokens are experiencing sharp declines just weeks after their airdrops and exchange listings. For instance, RabBitcoin (RBTC), part of the Rocky Rabbit ecosystem, has plummeted to $0.0000037 from a September high of $0.000007, resulting in a market cap drop from over $63 million to $47 million. Similarly, Catizen (CATI), a cat-themed […]

Galaxy Digital gets Buy rating, C$24 price target from analyst

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H.C. Wainwright has initiated coverage on Galaxy Digital Holdings, assigning a Buy rating and a price target of C$24. Analyst Mike Colonnese emphasizes that the U.S.-based financial services firm, focused on digital assets, provides the diversified exposure that investors are seeking for new positions. Colonnese points to several near-term catalysts for Galaxy, including anticipated growth […]

UNI jumps 11% as Uniswap debuts its own layer-2 solution Unichain

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Decentralized exchange Uniswap is making strides in the layer-2 solution space with its latest initiative aimed at “accelerating Ethereum’s scaling roadmap.” As one of the largest decentralized exchanges by trading volume, Uniswap has introduced Unichain, an open-source layer-2 network built on Ethereum. This new platform is designed to enhance transaction speeds, lower costs, and improve […]