Save, formerly known as Solend, has recently rebranded and relaunched its platform on Solana to offer a wider range of financial products and services to its users. This strategic evolution signals a new chapter for the platform as it aims to provide enhanced financial opportunities for the Solana community. The rebranding to Save comes after
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Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a whopping $11 million in funding to propel the development of its groundbreaking Ethereum layer-2 scaling network, Abstract. This significant achievement marks a crucial step forward in Igloo’s quest for blockchain innovation. The lead investor in this successful funding round
The much-awaited Ethereum ETFs have finally made their debut in the market, signaling a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are closely monitoring how these ETFs could potentially influence Ethereum’s price movements in the upcoming months. One prominent figure in the crypto space, known as Doctor Profit, has made a
The recent price action of Ethereum has been consolidating above the 100 and 200-day moving averages, indicating a bullish trend in the market. After breaking above the critical 100-day moving average at $3,354, Ethereum entered a phase of sideways fluctuation, lacking clear direction. This period confirms the breakout and suggests an equilibrium between buyers and
The recent performance of the popular meme coin, Shiba Inu (SHIB), has been lackluster, with a significant drop of 13% in the past week according to CoinGecko’s data. Analysts are divided on the future trajectory of SHIB, with some suggesting further short-term declines while others remain bullish on its long-term potential. One analyst pointed out
The launch of Spot Ethereum ETFs in the United States on July 23 did not result in a positive start for Grayscale, the world’s largest crypto asset manager. The newly converted Ethereum Trust (ETHE) experienced a significant loss of $484 million on the first day of trading. This trend is similar to what occurred when
Pluto Studio, the GameFi publishing platform behind Catizen, has recently secured an investment from Binance Labs. This strategic partnership is set to bring major fund injections for ongoing initiatives on the Pluto Studio platform. The partnership aims to solidify the studio’s vision to lead the next wave of Web3 gaming. Part of the funds will
Atari has long been a prominent figure in the gaming industry, known for its innovative approach to classic video games. The partnership with Coinbase marks a significant shift towards incorporating blockchain technology to reinvent games such as Asteroids and Breakout. This collaboration aims to eliminate intermediaries and ensure that game sale proceeds directly benefit the
India-based centralized exchange WazirX recently experienced a significant exploit that resulted in the loss of nearly half of its assets, totaling over $230 million in user assets. Co-founder Nischal Shetty took to social media on July 23 to inform users about the breach and reassure them that the exchange is actively seeking partnerships to restore
The recent fluctuations in the Coinbase premium have caught the attention of analysts and investors alike, sparking discussions about institutional interest in Bitcoin. This article will delve into the significance of the Coinbase premium, recent trends, and the potential impact on the cryptocurrency market. The Coinbase premium serves as a crucial metric for gauging institutional