The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives. (Read More)
Will Ethereum and BNB kickstart Q4’s altcoin bull rally?
As per a latest report, altcoins might witness a major bull rally in October, which looked encouraging for the broader crypto market.
Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch
Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program. (Read More)
Kenyan authorities claim Worldcoin’s activities amount to ‘espionage’
Kenya’s Ad hoc committee investigating the Worldcoin matter alleges that the company’s actions have “constituted acts of espionage and a threat to statehood,” local media reported. Worldcoin, under scrutiny for purportedly mining data from Kenyans by scanning their irises in exchange for cryptocurrency tokens, operated in 30 locations across Nairobi, including malls and learning institutions, […]
XRP Faces Massive Resistance on Its Way Up
Currently trading at $0.51, asset’s future trajectory could be heavily influenced by these technical indicators
Versatus Labs – The Most Versatile DevEx in Web3
Andrew Smith is the founder of Versatus Labs. Versatus is building a decentralized compute stack to make it easier for developers to build on blockchains. Their vision is similar to cloud compute providers like AWS, but for blockchain technology. They aim to reduce the language barrier and provide tools for developers to build applications on […]
SEC Has No Right To Fill Crypto’s Regulatory Gaps, Says Paradigm
Venture capital firm Paradigm has accused the United States Securities and Exchange Commission (SEC) of exceeding its jurisdiction in its regulation of cryptocurrencies. The firm detailed its arguments in an amicus brief as part of the lawsuit between the SEC and the cryptocurrency exchange Binance. “Regulatory gaps exist in crypto, as the Chair himself has […]
Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
More than $70 million in crypto shorts were suddenly liquidated after a surprise jump in the price of Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies on Oct. 1. According to data from TradingView, the sudden pump saw Bitcoin surge 3% in just 15 minutes from $27,100 to $28,053 before settling down just below the $28,000 […]
SBF Can’t Blame FTX Attorneys At the Start Of His Trial, Says Judge
The defense can’t say “his lawyers made him do it” in its opening statement, but the “advice of counsel” argument can be made later.
Trader Calls Ethereum-Based Altcoin ‘Most Obvious Play’ Amid Bear Market, Predicts Rally for Bitcoin and ETH
A closely followed trader thinks that one Ethereum (ETH)-based altcoin is a solid long-term play in the midst of an extended crypto bear market. Pseudonymous analyst Inmortal tells his 199,000 followers on the social media platform X that traders are not paying enough attention to the decentralized oracle network Chainlink (LINK). The trader shares a […]