DePIN, or Decentralized Physical Infrastructure Networks, is a new way of using blockchains and token rewards to build stuff like roads, energy systems, and wireless networks in the real world. Normally, big platforms like Uber use communities to provide services.…
Bitcoin Ordinals Can’t Compete as Ethereum Name Service Surprise Holders with Over 100% Gains
In a market where volatility reigns supreme, Ethereum Name Service (ENS) emerged as a formidable player. Outshining the efforts of Bitcoin Ordinals. So, this distributed, open, and versatile naming system rooted in the Ethereum blockchain. Recently shocked holders with remarkable…
SKALE Reaches New Peak with 4.6 Million Users in a Month, Surpassing 10 Million Overall Active Users
The SKALE community is experiencing unprecedented growth and success in 2024. With over 4.6 million Unique Active Wallets (UAWs) in January, SKALE has set a new record for the highest number of monthly users in a single month. This remarkable…
NBA Faces $4.2 Billion Lawsuit Over Marketing Links to Failed Crypto Exchange Voyager Digital
The National Basketball Association (NBA) is facing a significant legal challenge as it has been hit with a lawsuit over its marketing ties to the now-failed crypto exchange, Voyager Digital Holdings Inc. Investors claim that these marketing links led to…
Bitcoin Mining Firm Riot Generates 520 BTC in January 2024, Unveils Sales Strategy
Riot Platforms, Inc. (NASDAQ: RIOT) emerges as a powerhouse, showing a formidable performance in January 2024. The company is trailblazer in vertically integrated Bitcoin (BTC) mining. So, it unveiled staggering figures with an impressive production of 520 Bitcoin during the…
Crypto Mining Firm Hut8Corp Appoints Asher Genoot as CEO Amidst Controversy
Hut 8 Corp., a prominent publicly traded Bitcoin mining company, has announced the appointment of Asher Genoot as its new chief executive officer (CEO). This leadership transition comes in the wake of a critical report released by a short-seller, which…
Pi42: A New Era for Crypto-Rupee Futures Trading in India, Focused on Legal Compliance and User Empowerment
Indian crypto veterans Nischal Shetty and Avinash Shekhar have recently launched Pi42, a crypto-INR perpetual futures exchange. Designed to cater to the needs of over 30 million crypto investors in India, this platform aims to provide a seamless trading experience…
Bitcoin is digital gold, a scarce asset, and a digital asset. Be careful with other digital assets – Insights from Expert
Within the digital asset market, Bitcoin stands as a beacon, often hailed as the “digital gold.” So, according to Willem Middelkoop, a seasoned investor and author, Bitcoin’s unique position as a scarce and digital asset sets it apart. “I was…
Bybit Launches Inscription Marketplace to Connect Bitcoin and Ethereum Ecosystem
Bybit, a renowned cryptocurrency exchange with a significant global trading volume, has taken a momentous stride towards supporting and expanding the Web3 ecosystem. The company’s latest announcement unveils the launch of the Bybit Inscription Marketplace, an integrated platform that fosters…
KOKYO NFT Series: Powerful Venture by Hakuhodo and Japan Airlines
Key Highlights: In a groundbreaking collaboration, Hakuhodo and Japan Airlines (JAL) are set to reveal the highly anticipated second series of “KOKYO NFT” this February. This initiative revolutionizes tourism by providing exclusive access to six immersive local experiences across Japan…