Somnia has taken a significant leap forward in the blockchain space with the launch of its Developer Network, commonly referred to as Devnet. This platform is being heralded as the “dream computer” for developers eager to leverage high-performance blockchain technology. As various sectors including gaming, decentralized finance (DeFi), and social finance (SocialFi) look towards on-chain
Events
The cryptocurrency landscape has long been susceptible to criminal activity, a reality starkly illustrated by the recent high-profile attack on WazirX, one of India’s largest crypto exchanges. The incident, which reportedly led to the theft of over $230 million, has drawn the attention of investigative authorities and analysts alike. Initially occurring four months prior to
In a remarkable turn of events, a Bitcoin wallet that had lain dormant for an astonishing 13 years has evident signs of life. This wallet, housing a substantial 426.3 BTC, which translates to approximately $36.62 million, triggered curiosity when it executed a transfer of 42.3 BTC valued at around $3.67 million. Data from popular blockchain
In a remarkable turn of events, a Bitcoin wallet that had lain dormant for an astonishing 13 years has evident signs of life. This wallet, housing a substantial 426.3 BTC, which translates to approximately $36.62 million, triggered curiosity when it executed a transfer of 42.3 BTC valued at around $3.67 million. Data from popular blockchain
In recent weeks, Bitcoin has been a focal point for both seasoned and novice investors, with its price hovering between $87,000 and $87,500. This narrow band may not appear particularly enticing for those looking to capitalize on a breakout to $90,000, especially in light of the imminent release of Consumer Price Index (CPI) data on
In the wake of the recent U.S. elections, Binance has reported an astounding influx of capital, with deposits exceeding $7 billion as of November 5, according to data compiled by DeFiLlama. This staggering amount not only cements Binance’s dominance but also underscores a growing trend within the crypto space, particularly in the wake of political
The landscape of the gaming industry is undergoing a significant transformation, largely thanks to blockchain technology. In recent years, gaming has evolved from a pure entertainment medium into a robust platform for investment, allowing players and investors alike to reap financial rewards. The impressive growth of blockchain gaming, exemplified by a staggering $1.1 billion influx
The cryptocurrency market is in a state of unprecedented excitement, marked by dramatic price movements and substantial gains for investors. Bitcoin (BTC), the flagship digital asset, is steering this rally, with its value surging to an astonishing $90,000, a milestone it achieved for the first time in history. This remarkable rise is indicative of not
The cryptocurrency market has experienced an extraordinary surge this past week, highlighting the dramatic shifts that can occur in this volatile environment. With the total market capitalization climbing above $3.1 trillion, a remarkable trend is emerging. Central to this surge is the significant performance of Bitcoin, yet the most intriguing developments are happening surrounding Dogecoin,
The crypto market is on the verge of transformation with a new wave of potential exchange-traded fund (ETF) offerings, specifically targeting prominent digital currencies such as Ripple (XRP), Solana (SOL), and Cardano (ADA). Industry analysts, particularly Nate Geraci, president of the ETF Store, have suggested that changes in the political atmosphere, particularly following recent U.S.