The IOTA network is on the brink of a transformative upgrade with the introduction of "IOTA Rebased," a novel Layer 1 (L1) protocol. This upgrade promises to significantly enhance the network’s scalability, decentralization, and programmability. Scheduled for determination by a governance vote on November 18, 2024, the upgrade aims to revolutionize how IOTA operates and its potential implications for the
In an era increasingly characterized by regulatory pressures and a pressing need for individual empowerment, Consensys has made a significant move with the launch of sovs.xyz, a new platform built on its Linea zkEVM rollup. At the Ethereum Devcon in Bangkok, Joseph Lubin, founder of Consensys, vocalized his criticism of the SEC, accusing it of stifling the progress of the
As 2024 concludes, institutional investors are increasingly turning to cryptocurrencies to diversify their portfolios and hedge against persistent inflation. This shift is driven by the need to find alternative assets as traditional investment options underperform in the face of ongoing economic challenges. Inflationary Pressures Drive Crypto Adoption Rising Inflation Rates and Economic Challenges Inflation rates have remained consistently high in
CoinEasy, a platform dedicated to making blockchain more accessible, has launched EASYWORLD, a new Telegram dApp, in collaboration with Footprint Analytics. EASYWORLD combines interactive learning with tangible rewards, allowing users to earn cryptocurrency like USDT while exploring its features. This innovative platform aims to provide a seamless introduction to blockchain technology through its Earn section, where users complete missions to
Cardano’s blockchain ecosystem has witnessed a significant milestone with the launch of its Midnight sidechain’s first zero-knowledge application (zkApp), developed in collaboration with Paima Studios. This gaming studio, specializing in Web3 technologies, has joined forces with Cardano to create a groundbreaking advancement that has generated excitement within the Cardano community, including its founder, Charles Hoskinson. The announcement by Sebastien Guillemot,
In the rapidly evolving world of cryptocurrency, a new player has emerged, aiming to integrate financial innovation with community-centric initiatives. Known as the $SINK Token, this digital asset falls within the realm of meme coins but distinguishes itself by offering diverse trading opportunities and building community trust. By delivering lucrative benefits such as staking rewards with higher returns, $SINK has
Imagine you are an average retail investor in Australia or New Zealand, typically limited in options to grow your wealth beyond traditional stock markets or savings accounts. Now, thanks to innovation in the fintech sector, you have an opportunity to access a sophisticated investment world previously dominated by institutional investors and the super-wealthy. Melbourne-based fintech company, MezFi, introduces a blockchain-backed
On November 20, the bustling city of Dubai will be the stage for the grand finale of MENA’s flagship Web3 hackathon, hosted by Bybit and DMCC Crypto Centre. This event promises to be a pivotal moment for the blockchain and cryptocurrency community, as 15 innovative projects are set to present their cutting-edge Web3 visions. Originally, only ten projects were scheduled
As December 27, 2024, approaches, the cryptocurrency market is bracing for significant upheavals driven by the impending expiration of an enormous $11.8 billion in Bitcoin options. This looming event is generating intense interest among traders and analysts alike, with the high stakes involved prompting widespread speculation about resultant market movements. Bitcoin’s current price, which hovers just above $90,000, reflects an
In the ever-evolving landscape of cryptocurrencies, a fascinating phenomenon has emerged that blends internet meme culture with digital assets, leading to impressive market success. One of the most recent and notable examples is the Solana Meme Coin Litecoin Mascot, commonly referred to as LESTER. Within just 48 hours of its launch on the Pump.fun platform, LESTER achieved a staggering $120
The past three days have been tumultuous for Bitcoin as miners transferred a cumulative total of 45,000 BTC to exchanges, significantly increasing selling pressure on the cryptocurrency’s price. This substantial transfer activity began on November 12, with 24,138 BTC being moved to exchanges, constituting one of the largest single-day outflows this year. The trend continued with 15,840 BTC and 5,500
In an era where the cryptocurrency market continues to expand and evolve, the European Union (EU) has introduced a new set of guidelines designed to regulate Crypto Asset Service Providers (CASPs) and Payment Service Providers (PSPs). These rules aim to align with the EU’s rigorous regulations, particularly focusing on areas such as sanctions and the mitigation of high-risk ventures and
