A recent study by ChainPlay, in collaboration with Storible, has revealed alarming statistics regarding the performance of GameFi projects. GameFi, a sector that merges gaming with decentralized finance (DeFi), has suffered a dramatic downturn following its initial boom during the 2022 crypto bull market. The analysis, which examined over 3,200 GameFi projects, found that a […]
Category Archives: Blockchain
Hyperliquid’s native token, HYPE, has been officially launched on the OKX pre-market futures platform, marking an important milestone for the altcoin. This development enables users to trade futures contracts for the HYPE token just a week after its Token Generation Event (TGE), which took place on November 29. OKX’s announcement on December 4 revealed that […]
Ethereum has shown strong signs of recovery, with its price steadily rising toward the $4,000 mark after enduring several months of bearish consolidation. As of the latest updates, Ethereum is trading at around $3,840, marking a significant 4% increase over the past 24 hours. The altcoin reached a six-month high of $3,900, primarily driven by […]
BinanceUS, the U.S. subsidiary of the global cryptocurrency exchange Binance, has announced that it will list PEPE, a meme coin inspired by the Pepe the Frog meme, on its platform. PEPE, currently the third-largest meme coin by market capitalization, is already available on Binance’s global exchange but has not been listed on the U.S. platform […]
Botanix Labs, a decentralized layer 2 platform designed for Bitcoin-native decentralized finance (DeFi), has launched the final testnet for its Spiderchain Bitcoin L2 solution, named Aragog. This testnet release marks an important milestone toward the platform’s full mainnet launch, scheduled for 2025. Aragog Testnet is a significant upgrade from the initial v0 testnet, launched in […]
On December 4, Nuvei, a Canadian fintech company known for providing global payment solutions, introduced an innovative blockchain payment solution tailored for merchants in Latin America. This initiative marks a significant step in expanding the adoption of blockchain technology and stablecoin payments in a region that has seen a surge in cryptocurrency interest. The solution […]
ApeCoin (APE), the native token launched by Yuga Labs—creators of the Bored Ape Yacht Club (BAYC)—has been on a remarkable upward trajectory, seeing a surge of 340% from its lows in August 2024. As of now, APE has posted a strong performance, rising for eight consecutive days and reaching a high of $2.166, the highest […]
Coinbase has recently announced the addition of Gigachad (GIGA) and Turbo (TURBO) to its asset roadmap, signaling that the platform is considering these tokens for potential future listings. This move is part of Coinbase’s broader strategy to diversify its offerings and incorporate a wide range of cryptocurrencies, including niche and meme-based tokens, which have grown […]
The price of TRX (Tron’s native token) has experienced a remarkable surge, reaching its all-time high of $0.4485, largely driven by Justin Sun’s comments that compared Tron (TRX) to Ripple’s XRP in terms of performance. This surge marks a 240% increase in the last 12 months, cementing Tron as one of the best-performing cryptocurrencies during […]
On December 4, 2024, Binance, one of the largest cryptocurrency exchanges globally, introduced USDT perpetual contracts for two notable tokens: Aerodrome (AERO) and KAIA. This launch marked an important milestone for both cryptocurrencies, as it enabled traders to speculate on the price movements of AERO and KAIA with up to 75x leverage through perpetual contracts […]