Marine Moguls has unveiled an ecosystem that blends fungible tokens with unique non-fungible tokens (NFTs) like never before seen. At the heart of this is the pioneering ERC-404 protocol, which allows for fractional ownership of NFT and instant liquidity for 24/7 NFT holders. This hybrid model solves major pain points in traditional NFT trading by […]
Hyperliquid, a decentralized exchange for trading perpetual futures contracts, has officially released its highly anticipated mainnet. This major launch includes the HIP-1 spot token feature, an innovative tool for on-chain spot trading between pairs of HIP-1 tokens. The HIP-1 standard developed by Hyperliquid enables minting of capped supply fungible tokens with parameters such as supply, […]
Over the last three days, Teneo, the liquidator for Three Arrows Capital (3AC), a now-defunct hedge fund, has transferred 2.18 million STRK tokens valued at about $2.63 million to Binance. This development is significant in the crypto space since Teneo currently holds 130 million STRK tokens which cost as much as $157 million. Teneo, #3AC […]
Rivalz Network, decentralized AI infrastructure platform supported by leading investors such as Delphi Ventures and Zee Prime began a thrilling testnet event yesterday, May 24th. According to the report, the “Intel Incentivized Testnet” will enable users to gather valuable testnet credits they would get through participating in the deployment of Rivalz’s decentralised node infrastructure. Those […]
Nvidia’s stock (NVDA), has surpassed Bitcoin for the last ten years by giving a mind-blowing 21558% return compared to 13048% earned by Bitcoin. Notwithstanding, crypto experts believe that in the next decade, this will not be the case. “Near zero chance of Nvidia outperforming Bitcoin over the next 10 years,” asserted Swan Bitcoin CEO Cory […]
Academic Labs has started its second airdrop event named “Homecoming” starting on 23rd May at Acad. live. The goal is to increase the user knowledge of the industry and make the highest profit during the bull market. During the AMA held with the company Metaera as a partner, the Academic Labs team further explained how […]
Recent Chinese police operations have shown that some Chinese citizens still engage in trading digital currencies, even after Beijing banned crypto trading. These raids, intended to tackle illegal foreign exchange dealings, provide a glimpse into the realities of implementing the ban. Some cases highlighted in May include an underground bank accused of facilitating about 13.8 […]
In the recent legal battle between Coinbase and the United States Securities and Exchange Commission (SEC), Coinbase made a clear demarcation from the SEC, arguing that the latter was wrongly applying the Howey test in recognizing investment contracts. On May 24, Coinbase filed a memorandum with the Court of Appeal supporting its interlocutory appeal. In […]
The global (B2B) payments transaction market is expected to rise to $3.53 trillion by 2033, as reported by Precedence Research. This increase is due to the rising use of online shopping, time-saving technologies, and enhanced payment systems, which raises the demand for secure and effective transaction solutions for companies. Source: Precedence Research North America contributed […]
Polyhedra Network has accused zkSync of “bullying” after zkSync confirmed using “ZK” as its ticker symbol. This announcement followed Bybit’s decision to list zkSync’s ZK token and adjust Polyhedra’s token ticker. Polyhedra had rebranded earlier this year, changing its ticker to ZK after being listed on OKX. https://x.com/PolyhedraZK/status/1793996574189867463 Polyhedra criticized zkSync, calling the move an […]