SnakeTON, an innovative Web3 survival GameFi built on the TON platform, is changing the landscape of gaming within the Telegram app. With a user base of 900 million, SnakeTON offers players the opportunity to control their snakes, navigate through various game modes, and emerge victorious by consuming food and defeating other players. The game’s primary
The convergence of the cryptocurrency industry and artificial intelligence (AI) is predicted to significantly impact global GDP, with projections estimating a potential injection of $20 trillion by 2030. At the annual Consensus conference in Austin, industry leaders gathered to discuss the future of blockchain technology, regulation, and the expansive realm of AI. One of the
Coinbase recently released a report expressing concerns about the dwindling pool of crypto talent in the United States. According to the report, there has been a significant decline in the number of US-based crypto developers, dropping by 14 points over the past five years to a mere 26% today. The largest US exchange attributes this
Recent developments in the ongoing saga between Nigeria and Binance have seen the Federal Inland Revenue Service (FIRS) withdrawing tax evasion charges against Tigran Gambaryan and Nadeem Anjarwalla, high-ranking executives at the exchange. This move comes after a series of events that have garnered media attention and raised questions about the relationship between the two
Bitcoin has recently experienced a drop to a monthly low of $65,000 on June 14th, marking a 5% decrease from the previous week. Despite this short-term fluctuation, when observing the bigger picture, it is evident that Bitcoin has been consolidating within a narrow range since early March. Analysts have noted that such a period of
Bitcoin (BTC) has experienced a 4.5% decline in the past week, reaching a monthly low of $65,000. This drop in value is believed to be attributed to the heightened selling activity from mining entities. According to analysts in the recent CryptoQuant weekly report, Bitcoin mining entities have been sending an increased number of BTC to
Ripple is set to introduce a new stablecoin called Ripple USD (RLUSD) in 2024 on both the XRP Ledger and Ethereum platforms. This stablecoin is designed to act as a link between traditional finance and the cryptocurrency industry. Despite the promising prospect of RLUSD, the United States Securities and Exchange Commission (SEC) has already criticized
In a recent report by KuCoin exchange’s research arm, it was noted that the cryptocurrency market saw $1 billion in new investments in May. This represents a slight decrease from the previous month, indicating a 6.4% decline in investment figures. However, when compared to May 2023, there has been a 10.61% increase in disclosed investments,
In a recent report by blockchain intelligence firm TRM Labs, it was revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers have more than doubled in the first four months of 2024 compared to the same period in 2023. This surge in cryptocurrency transactions indicates a growing trend of using digital
There has been a recent update from Bloomberg analysts Eric Balchunas and James Seyffart regarding the anticipated launch of Spot Ethereum ETFs. Balchunas took to social media to share that they have adjusted their forecasted launch date to July 2nd. They have received information that the SEC has provided feedback on S-1 filings from fund