Ronin Network stated that digital assets worth $12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 minutes after the first on-chain action was detected. The team also assured users that their funds were “safe and…
Remember Tamagotchis? Crypto’s latest craze is similar to that – but with an exciting twist. PlayDoge (PLAY) is nearing the $6 million mark in presale, mixing old-school pixel pets with a P2E game that’s unlike anything else on the market. Earn Crypto By Feeding Your Virtual Pet with PlayDoge Have you ever wished your childhood…
The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s…
Bitcoin whales have been actively accumulating significant amounts of the cryptocurrency over the past month during the market slump. On-chain activity has revealed that over 404,448 BTC, valued at approximately $22.8 billion, has been moved to permanent holder addresses in the last 30 days. Bitcoin Whale Accumulation CryptoQuant founder and CEO Ki Young Ju highlighted…
London, United Kingdom, August 7th, 2024, Chainwire Blockchain-based solution drives significant improvements in data visibility, accuracy and operational efficiency within cargo handling sector, according to research conducted by Aventus at Heathrow Airport Airlines can benefit from overall cost savings in their cargo handling operations by leveraging Web3-based solutions, according to a study conducted by Aventus…
[PRESS RELEASE – Belgrade, Serbia, August 7th, 2024] The $3M round was led by 1kx with participation from Primitive Ventures and Gnosis. Blockscout’s open-source block explorer provides access to blockchain data with multi-search functionalities and advanced analytics for over 600 networks, including Filecoin, Arbitrum, Optimism, Base, and more. Blockscout has already become the de-facto solution…
The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce subsidies in the power and energy, agriculture, and transportation sectors. In a communique, the Multidisciplinary Finance Professionals (MFP) said the Nigerian government should not determine the value of the naira. Instead, the group said the West African nation should opt…
[PRESS RELEASE – Miami, USA, August 7th, 2024] Blockchain.com, one of the world’s most trusted and earliest crypto platforms, today announced a significant update to Blockchain.com Pay: the integration of Prove Identity Inc., the global leader in digital identity. This integration aims to streamline the Know Your Customer (KYC) process for U.S. customers, enabling instant…
The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in…
Real-world assets (RWAs) are digital tokens representing physical or financial assets outside the blockchain, such as real estate, commodities, bonds, equities, artwork, and intellectual property. To understand RWAs, you must first understand the concept of tokenization. In short, it is the process of bringing off-chain assets on-chain. It’s achieved by replacing sensitive, private data with…