Azarus, a cutting-edge Web3 overlay platform, has recently made waves in the world of Esports by powering the official Twitch live streams for the upcoming Evolution Championship Series. This collaboration is set to elevate the Esports viewing experience to unprecedented heights, offering fans a unique opportunity to engage with the content in real-time and earn
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Recently, Hong Kong’s financial regulators wrapped up a consultation period regarding a licensing program initiative for fiat-referenced stablecoin (FRS) providers. The consultation, which came to a close in February, garnered 108 submissions from a variety of stakeholders, ranging from market participants to industry associations and professional organizations. The joint statement made on July 17 by
Cardano, once considered one of the largest cryptocurrencies in the market, has been facing significant challenges in recent months. This is evident from the substantial drop in its market cap, plummeting from over $90 billion in 2021 to a mere $15.9 billion as of Wednesday. The number of monthly developer commits has also dwindled, showcasing
Delabs Games, a prominent South Korean game development company, has once again made waves in the gaming world with their latest creation: Giga Chad Bat. This clicker game, based on baseball, has been released on the popular messaging platform Telegram. With its incorporation of Web3 technology and adherence to the latest standards, Giga Chad Bat
The world of cryptocurrency and digital assets has witnessed a dramatic surge in lobbying expenditures over the past seven years, according to a recent study conducted by Social Capital Markets. The study found an astonishing 1,386% increase in lobbying spend by crypto companies, skyrocketing from $2.72 million in 2017 to a staggering $40.42 million in
The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit resulting in over $8 million worth of funds being stolen. Cyvers Alerts brought attention to suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI acknowledged the breach in a statement on July 16, warning users not to engage with any http://LI.FI powered
The recent news of the Spot Ethereum ETFs set to launch has sparked a surge in Ethereum’s price. Bloomberg analyst Eric Balchunas revealed that these ETFs could begin trading by July 23, leading to positive speculation and anticipation in the market. Expected Inflows and Predictions Crypto research firm K33 predicts that the Spot Ethereum ETFs
Bitcoin, the leading cryptocurrency, has been on a bullish run lately, with its price surging past $63,000. Alongside this price surge, there has been a resurgence in dormant Bitcoin addresses coming back to life. Whale Alert, a blockchain tracking and analytics platform, recently identified the activation of a dormant Bitcoin wallet containing 1,000 BTC, worth
In recent news, Scroll, a ZK rollup Layer 2 network, has seen a remarkable 23% increase in the past seven days, bringing its Total Value Locked (TVL) to $1.03 billion, as reported by L2Beat data. This places Scroll as the 8th Ethereum Layer 2 network to surpass the $1 billion TVL milestone in the ecosystem.
The Ministry of Finance in Russia has put forward a proposal to allow traditional exchanges to facilitate digital asset trading for a specific group of investors. This proposal aims to create specialized regulations for organized trading in digital currencies, considering them as commodities, based on either an exchange license or a trading system license. The