Category Archives: Blockchain

Pi Coin Reclaims Support After Drop, Critical Week Ahead

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Launched in 2019, Pi Network has yet to release its token to the public market. Despite this, some exchanges, including Huobi and Bitmart, are offering IOU tokens that claim to represent the future value of PI. However, the official Pi Network team has made it clear that they have not confirmed any exchange listings, and […]

APT soars 7% as Aptos acquires Japanese blockchain developer HashPalette

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Layer 1 blockchain network Aptos has announced its acquisition of Japanese blockchain developer HashPalette, marking a significant expansion into Japan’s blockchain market. Aptos Labs, the organization behind the Aptos Network, revealed the acquisition of HashPalette Inc., a subsidiary of HashPort Inc. and the creator of the Palette blockchain, in a strategic move to enter the […]

Chainalysis: Stablecoins represent 40% of crypto economy in Sub-Saharan Africa

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As businesses increasingly seek dollar-pegged alternatives, stablecoins now account for over 40% of Sub-Saharan Africa’s crypto economy. According to a recent report from Chainalysis, stablecoins have become a crucial part of the region’s crypto landscape, representing approximately 43% of total transaction volume. In countries facing volatile local currencies and limited access to U.S. dollars, dollar-pegged […]

Poland’s Pekao Bank using blockchain to preserve art in arctic vault

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Poland’s second-largest bank, Bank Pekao, is leveraging blockchain technology to help preserve the nation’s cultural heritage. In a recent press release, the bank announced a partnership with Aleph Zero to launch a project called Archiv3, which focuses on tokenizing Polish artwork for secure storage and future accessibility. Tokenization involves converting physical assets, such as art, […]

Marathon Digital mined 705 Bitcoin in September

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Marathon Digital Holdings, one of the largest Bitcoin mining companies, reported a 5% increase in Bitcoin production for September 2024. The firm mined a total of 705 Bitcoin, raising its overall holdings to 26,842 BTC. Additionally, Marathon successfully won 207 blocks during the month, marking a 6% rise compared to August. The company maintained its […]

Bitcoin price dumps as Ceffu sells again and fear returns

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Bitcoin’s price has retreated for four consecutive days, as the crypto fear and greed index shifted back into the fear zone amid rising geopolitical risks. Currently, Bitcoin is trading at $60,200, marking its lowest point since September 18 and an 8% decline from its peak last week. This weakness comes as investors adopt a risk-off […]

Mantra is up 2,100% in 2024 as technicals point to more gains

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Mantra, one of the standout altcoins of 2024, has seen a significant rally, reaching a two-month high. The token surged 6.57% to $1.3155, even as Bitcoin, Ethereum, and other altcoins retreated amid rising geopolitical tensions. Remarkably, Mantra has appreciated over 2,130% this year. This upward trend aligns with a rebound in its futures open interest, […]

Web3 gaming mainstream adoption will happen gradually, then suddenly | Opinion

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The iGaming industry is experiencing remarkable growth, with global market projections expected to reach $127 billion by 2027. A significant contributor to this trend is web3 gaming, which enhances the gaming experience through features like in-game asset ownership, community-driven development, and improved transparency. Unlike traditional mobile gaming, which often involves hefty costs and numerous in-app […]

Pi Network (PI) News Recap October 2st

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Pi Network has extended its KYC deadline to November 30 and pushed back the mainnet migration to December 31, eliciting a range of responses from the community. The team is actively pursuing partnerships with cryptocurrency service providers and other businesses in preparation for the launch of its Open Network. Seeking for Partnerships Pi Network, a […]

COPA and Unified Patents launch ‘Blockchain Zone’ to combat patent trolls

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The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch a campaign aimed at combating “patent trolls.” Announced on October 1, this initiative, named the “Blockchain Zone,” seeks to shield blockchain developers and companies from legal threats posed by non-practicing entities (NPEs) and patent trolls that exploit litigation for profit. Patent […]