MakerDAO, a prominent DeFi lending protocol, has recently announced its ambitious plan for the future with the introduction of the highly anticipated ‘Endgame’. This multi-phase project is set to revolutionize the ecosystem and drive exponential growth in Dai adoption. With the first phase scheduled for a summer 2024 launch, MakerDAO aims to establish a fully
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As Ethereum prepares for the upcoming Dencun upgrade to improve scalability, there is a sense of anticipation in the crypto community. However, recent analysis from QCP Capital has revealed a concerning trend regarding risk reversals for Ethereum. The shift towards negative risk reversals for upcoming expiries hints at growing apprehension among investors about a potential
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Ethereum (ETH) recently underwent a significant software upgrade named Dencun, aimed at improving the efficiency and cost-effectiveness of the network ecosystem. This upgrade, particularly focused on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base, has resulted in a substantial reduction in transaction fees, making it more affordable for users to interact with the
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Arbitrum, a layer-2 blockchain network, recently revealed their Gaming Catalyst Program (GCP) on March 12. This initiative aims to boost and improve the development of Web3 games on the Arbitrum network. The program has requested an allocation of 200 million ARB tokens, valued at approximately $426 million, to be distributed over a two-year period. This
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The cryptocurrency market is currently buzzing with excitement as Ethereum strives to solidify its position above the $4,000 level. Analysts, such as Ali Martinez, are optimistic about Ethereum’s future, suggesting that the digital asset could potentially surge to $5,000 in the near future. Martinez’s analysis, based on data from IntoTheBlock, indicates that Ethereum still has
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In the midst of the ongoing meme coin frenzy within the cryptocurrency markets, a new player has emerged in the form of the Solana-based LAMBO token, which has seen an incredible surge of +69,420% in its price. The token, inspired by the famous crypto meme ‘Wen Lambo?’, has garnered significant attention and excitement within the
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Ethereum (ETH) has been on a rollercoaster ride lately, with its price soaring past the $4,000 mark for the first time since December 2021. This has left investors both excited and cautious about the future prospects of the world’s second-largest cryptocurrency. The recent surge in price has led to a flurry of bullish predictions, but
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The game development studio Studio369 has recently made headlines by securing a significant amount of funding – $5 million to be exact. This financial boost will pave the way for further development and enhancement of their highly anticipated open-world PvP mech combat game, MetalCore. With MetalCore already in development for three years, the additional funding
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Bitcoin mining earnings have recently reached an all-time high, reflecting the ongoing surge in the value of the leading cryptocurrency. According to data compiled by CryptoQuant, miners raked in a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. This surge
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Coinbase recently made headlines by announcing its plan to launch a $1 billion bond offering aimed at raising funds for its growth and expansion. The offering, comprised of unsecured convertible senior notes maturing in 2030, provides investors with the opportunity to convert their holdings into Coinbase shares or cash at the time of maturity. This
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Thailand’s Securities and Exchange Commission (SEC) recently made a significant change to its regulations, allowing for the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This new opportunity is, however, limited to institutional investors and high-net-worth individuals. The decision to permit asset management firms to oversee
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Scotty the AI (SCOTTY) is a new AI-integrated blockchain security coin that has generated a lot of buzz in the crypto community. With a unique combination of meme coin culture and AI-powered blockchain threat detection, Scotty aims to offer both entertainment and utility to its users. The project recently concluded its presale, raising $7.7 million,
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Recently, Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1.4 million USDT associated with a tech support scam network. The fraudulent scheme targeted vulnerable elderly individuals through deceptive pop-up advertisements, leading them to seek assistance from supposed tech support. Victims were then coerced into converting their
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Bitcoin’s recent surge past $70,000 has left many experts analyzing its potential future growth. According to Rekt Capital, historical patterns indicate that Bitcoin tends to reach its peak around 518-546 days after a halving event. However, the current cycle seems to be accelerating, with a potential deviation of around 260 days. This suggests that the
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The Nigerian government recently obtained a court warrant to detain Binance officials for at least twelve days after they insisted they should be taken to their respective countries’ embassies, according to local media outlet Premium Times. The government accused Binance of exacerbating the country’s foreign exchange challenges by manipulating rates for profit, leading to restrictions
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