In this comprehensive article, we delve into the key Web3 developments that took place in March 2024. Our aim is to provide you with an in-depth overview of the current state of the ecosystem, focusing on the performance of the…
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Polygon Labs CEO condems Ethereum Layer 3 network as Degen Chain mints millionaires
Farcaster’s parent company’s aim for a high valuation has significantly benefited early Degen Chain adopters, with some seeing their investments skyrocket. Degen Chain, notable for its use as an L3 chain and the volume of meme coin trading it facilitates,…
Bitcoin Non-Correlation Explained: Mike Novogratz Breaks Down Market Reactions
In recent market movements, Bitcoin has been a hot topic of discussion, particularly in light of its perceived role as a safe haven during geopolitical tensions. Following Iran’s attack on Israel, Bitcoin experienced a dip, raising questions about its role…
Bitcoin Bull: Cathie Wood Predicts $1.5M, Innovates with ETFs
In a recent interview with Anthony Pompliano, Cathie Wood shared her bold prediction for Bitcoin, suggesting that the cryptocurrency could reach an astonishing $1.5 million. Her insights shed light on the current macroeconomic landscape, the rising interest in Bitcoin ETFs,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
ONDO to Reach $1 Again As Market Cap Surpasses $1 Billion
Ondo Finance and its native token (ONDO) are raising interest in the market due to their latest strides in project expansion and market growth. Apparently, the native token, in line with the bearish pressure of the broader crypto market, decreased…
Crypto.com’s CEO, Kris Marszalek Forecasts Bitcoin Path: Could Selling Pressure Rise Before the Halving?
In a recent interview, Crypto.com CEO Kris Marszalek discussed various aspects of the cryptocurrency market. He highlights the changing environment in Hong Kong, emphasizing its newfound support for digital assets with recent regulatory frameworks and conditional approvals of Bitcoin and…
Is Riot Platforms CEO Jason Les Right? Are We in a Bullish Scenario for Price Appreciation?
Bitcoin’s price declined post-weekend following geopolitical tensions initiated by Iran’s attack on Israel. Jason Les, CEO of Riot Platforms, a Bitcoin mining company, notes the uncertainty in predicting Bitcoin’s reaction to geopolitical events due to its volatile nature. So, he…
Crypto Phishing Scams Surge with $71 Million Stolen in March
In the ever-evolving landscape of cryptocurrency, phishing scams have become a significant concern, with devastating financial consequences for individuals and organizations alike. Disturbingly, the month of March witnessed a staggering increase in the amount of stolen funds, reaching a total…
Fetch.ai, SingularityNET, and Ocean Protocol unite for May launch of $7.5 billion ASI token
The Artificial Superintelligence Alliance (ASI) has emerged as a collaboration between Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). This consortium of decentralized artificial intelligence protocols recently announced the highly anticipated launch of the ASI token, slated for May. With…