DeeLance, a decentralized freelance platform aiming to challenge established names like Fiverr and Upwork, is concluding its highly prosperous presale, having raised an impressive $1.7 million so far. The presale will end at 23:00 UTC, after which the platform’s native currency $DLANCE will be exclusively available through cryptocurrency exchanges, potentially at a higher price. Shaping
Embark on a captivating journey through MintWorld, where discovery, strategy, and enjoyment collide in an immersive Web3 gaming experience. With an unwavering vision and a dedicated team, MintWorld has forged a path like no other. Brace yourself for the upcoming launch of Genesis City, a game-changer that will take MintWorld to new heights. Unleash the
Liquid staking tokens (LSTs) are quickly gaining momentum in the cryptocurrency world and are poised to replace Ethereum’s native cryptocurrency, Ether (ETH). With a market worth around $17 billion and growing steadily since Ethereum’s Merge, LSTs offer significant advantages over traditional ETH. Since the Merge, ETH can now be staked to generate an annual yield
Cybercriminals are evolving, shifting their focus from traditional ransomware attacks to a more covert strategy: cryptojacking. As businesses become less willing to pay ransom demands, attackers are turning to the exploitation of stolen computing power to mine digital currency. This adaptive and evasive approach increases their chances of success. According to SonicWall, a leading publisher
The cryptocurrency market is no stranger to meme coins, and the latest sensation is BALD coin. This unique digital asset has experienced an astronomical surge in price, skyrocketing to unprecedented heights. At one point, BALD coin witnessed a mind-boggling increase of 4 million percent or 40,000 times its initial value. This surge has attracted significant
Bitcoin has been experiencing a period of consolidation, with its market dominance gradually decreasing as investors shift their focus to select altcoins. While this altcoin recovery is promising, it remains highly dependent on Bitcoin’s performance. If Bitcoin experiences a sharp decline, there is a high possibility of an altcoin sell-off. As traders look for trading
The cryptocurrency industry has been eagerly awaiting regulatory clarity, and recent developments in the United States House panel have brought some hope. With the approval of the Financial Innovation and Technology for the 21st Century Act and the Blockchain Regulatory Certainty Act, crypto firms can finally expect guidelines on registration and removal of hurdles for
In recent days, SHIB, the popular meme coin, has seen a significant rise of nearly 6%, contributing to its monthly gains of almost 12%. This surge can be attributed to the introduction of the Shibarium Beta Bridge, an essential component of the Shiba Inu project’s larger vision to become a comprehensive ecosystem. The team behind
After a volatile debut in the mainstream cryptocurrency exchanges, the price of Worldcoin (WLD) has finally stabilized. On July 29, the WLD price saw a surge of nearly 6%, reaching $2.35. However, it is important to note that the token is still down 70% from its peak price of $7.50 during its market debut. The
The House Financial Services Committee recently took a significant step in addressing critical issues surrounding digital asset regulation. On July 27, seven pieces of legislation were advanced, paving the way for a full vote in the House. These bills aim to shape the regulatory environment and foster innovation while ensuring consumer protection. Clarity for Payment
Worldcoin, the proof of humanity protocol, has recently released its audit reports, shedding light on the security issues within its data collection practices. As concerns about data privacy and protocol integrity continue to rise, two security consulting firms, Nethermind and Least Authority, were enlisted to conduct the audits. The reports offer valuable insights into the
In the rapidly growing web3 industry, Launchpad XYZ stands out as a crypto-startup with a unique approach. While many platforms focus solely on trading services, Launchpad XYZ aims to provide comprehensive resources, analysis, and security measures. With its ambitious strategy, the company seeks to diversify into the gaming and Metaverse domains, reflecting a broader shift
In a recent tweet, Commissioner Hester Peirce of the United States Securities and Exchange Commission (SEC) expressed her concerns about the regulator’s stance on discouraging efforts to provide more transparency in the cryptocurrency industry. This comes after the SEC’s chief accountant, Paul Munter, issued a warning to accounting firms that engage in “audit” duties for
Crypto.com, a leading cryptocurrency exchange, has announced that it has obtained regulatory approval from the central bank of the Netherlands to register as a provider of digital asset services. This recent approval adds to the company’s growing list of authorizations from various European nations, including the United Kingdom, France, Italy, Spain, and more. In its
The year 2022 posed numerous challenges for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem, internal tensions among co-founders, and a dip in token price all raised concerns about the future prospects of IBC. Despite these setbacks, projects like dYdX and the Seda protocol remain committed to the
Stellar Lumens (XLM) has experienced an impressive performance in July, with a remarkable Month-on-Month gain of +60%. This substantial increase has brought relief to long-standing holders who have endured over a year of significant downside moves. The recovery rally has propelled the price of XLM from a rock-bottom $0.075 on June 15 to an impressive
Crazy Crypto Football has made its mark on the gaming industry with its cutting-edge blend of NFT collectibles and football. This online game introduces a revolutionary concept where players can take control of virtual football players represented as unique NFTs. By combining the excitement of the sport with the thrill of true ownership in the
Cryptocurrency exchange Binance and its CEO Changpeng ‘CZ’ Zhao have filed a motion to dismiss the charges brought against them by the U.S. Commodity Futures Trading Commission (CFTC), stating that the regulator acted beyond its powers. Binance argued that the CFTC failed to establish personal jurisdiction over the foreign Binance Entities and Mr. Zhao since
The cryptocurrency sector continues to raise concerns for the U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler. In an interview with BBTV, Gensler emphasized the prevalent fraud and lack of investor protection in the crypto market. While acknowledging the presence of reputable actors, he expressed worries about the speculative nature of the industry and
The House Financial Services Committee (HFSC) faced obstacles in reaching an agreement for stablecoin legislation on Thursday. The failure was primarily due to disagreements between Democrats and the existing text of the bill. Committee Chair Patrick McHenry (R-NC) blamed the White House for the delay, suggesting that the administration’s unwillingness to compromise had brought negotiations
The digital fashion brand MNTGE has once again shattered expectations with its groundbreaking release, the Patchwork collection. This limited edition series of 7,500 NFT patches on the Ethereum blockchain introduces a captivating blend of the physical and the digital. Each patch holds the remarkable ability to be transformed into a tangible version infused with NFC
After six months of trailing behind Arbitrum, the Optimism network has finally surpassed its competitor in transaction volume, according to recent data from blockchain analytics platform Artemis. Both networks, serving as layer 2 solutions for Ethereum, utilize optimistic rollup technology to streamline and consolidate transactions, potentially leading to reduced transaction fees. During season one of
In the world of cryptocurrency, the desire for price appreciation is a common hope among investors. This hope is often fueled by the “Castle in the Air Theory,” a concept derived from economist John Maynard Keynes. According to this theory, investors tend to focus on hypothetical scenarios for potential price increases rather than considering intrinsic
EOS Network Foundation (ENF) founder and CEO, Yves La Rose, has announced the organization’s intention to file a lawsuit against Block.one, the creator and original seller of EOS. This legal action comes in response to Block.one’s failure to deliver on its promise to invest $1 billion, following its impressive $4.1 billion raise in 2018. La
In today’s rapidly evolving world, businesses across various sectors are constantly seeking innovative solutions to enhance customer satisfaction and improve operational efficiency. This holds true even for the financial industry, as the rise of cryptocurrencies has fundamentally changed the way we conduct business transactions. While cryptocurrencies have traditionally been associated with consumer-focused sectors, the potential
The U.S. Accountability Office (GAO) has emphasized the urgency of addressing significant regulatory gaps in the crypto industry, particularly in relation to spot cryptocurrency markets and stablecoins. The GAO’s recent report titled “Blockchain in Finance” acknowledges the potential benefits of blockchain technology, such as faster and cheaper transactions. However, recent events, including the collapse of
In an unexpected turn of events, Twitter has undergone a sudden rebranding and is now known as X Corp. This surprising move has left many people bewildered, but it appears that Elon Musk has had a grand vision for the platform for quite some time. Let’s delve into what we know about Musk’s plans for