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Altcoins XRP, Cardano, and Solana Outperform Crypto Market
November 7, 2023
Despite the overall crypto market downturn from the 2021 and 2022 bull battles, several altcoins are successfully staying afloat. Leading the pack are XRP, Cardano (ADA), and Solana (SOL), all …
Read moreWeb3 Technology and Fiat On-Ramps Revolutionize Traditional Sectors
November 7, 2023
The rising influence of Web3 technology in transforming traditional sectors was explored at the Newconomics 2023 event and the European Blockchain Convention. At these events, the potential of the Web3 …
Read moreAva Labs Reduces 12% of its Workforce to Reinforce Resource Allocation
November 7, 2023
Ava Labs, the blockchain company behind Avalanche, recently announced a significant workforce reduction. The company's CEO, Emin Gün Sirer, declared a 12% layoff, citing the need to "reallocate resources to …
Read moreCoinbase Recruits Four National Security Specialists for Global Advisory Council
November 7, 2023
Cryptocurrency exchange, Coinbase has enhanced its Global Advisory Council with the addition of four prominent national security experts. Notably, the new council members include former U.S. Secretary of Defence Dr. …
Read moreRise in Bitcoin Open Interest Indicates Increased Market Activity
November 7, 2023
The total value of open Bitcoin futures contracts, also known as Open Interest (OI), has seen a significant surge, indicating a rise in market activity. Currently, OI in Bitcoin amounts …
Read moreKazakhstan Blocks Coinbase Access Due to Digital Assets Law Violation
November 7, 2023
State authorities in Kazakhstan have obstacled Coinbase from operating in the country by blocking website access. This move is aligned with the nation's Law on Digital Assets, established in February …
Read moreInvestment Firms Eye Relaunch of Bankrupt FTX
November 7, 2023
Proof Group, an integral part of the Fahrenheit consortium that previously acquired the bankrupt Celsius Network, is reportedly considering a potential re-establishment of FTX, the troubled exchange. The Silicon Valley-based …
Read moreXbox and Inworld AI Announce Partnership for Game-Enhancing AI Tools
November 7, 2023
Iconic gaming brand, Xbox, has entered into a multi-year partnership with Inworld AI to build AI tools aimed at improving game development. Using Generative AI, they plan to create dialogue …
Read moreBitcoin Ordinals Surge Sparks High Transaction Fees and ORDI Price Rally
November 7, 2023
As Bitcoin Ordinals make a comeback, their presence is being deeply felt in the Bitcoin transaction fees. Bitcoins users who are attempting to send on-chain BTC transactions are now caught …
Read moreKraken Explores Entry into Layer-2 Blockchain Network
November 7, 2023
Rumours are circulating that crypto exchange Kraken is contemplating the release of a layer-2 solution, inspired by rival Coinbase's Base network. The speculation arose from anonymous sources and a Kraken …
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