Reading Time: 2 minutes This week’s Web 3.0 woundup sees Amazon planning its own NFT exchange, Starbucks launching its first paid NFT collection and Lego talking up its metaverse plans. Let’s just hope you’re not ‘met-averse’ to such things. I’ll get my coat. Amazon Planning to Launch NFT Marketplace in April E-commerce giant Amazon was […]
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent extinction of tech companies.
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law, […]
The Graph sees an uptrend in delegations; reasons aren’t very surprising
The dominance of delegations on the Graph network has not waned. GRT price, on the other hand, was tending toward the oversold zone, at press time. The Graph [GRT] is a decentralized protocol that allows users to query and index data from numerous blockchains. These services are provided by a network of nodes known as […]
USDC Back on Track as Circle Announces Corporate Resources Backing
Circle has pledged to back its stablecoin with corporate resources if required. The stablecoin is gradually recovering to trade at $0.95 at the time of writing. Circle, the company behind the USDC, said in a statement that the stablecoin will once again be exchangeable for dollars at a rate of one-to-one beginning on Monday. As […]
Shibarium Early Public Beta Test Dubbed ‘Puppynet’ Now Live
The Shibarium network is a low-cost option that also burns SHIB tokens. The beta announcement has not yet had a noticeable effect on the Shiba Inu price. After considerable buildup, Shiba Inu’s principal developer Shytoshi Kusama finally revealed that the beta test for Shibarium has gone live. A huge, worldwide, and decentralized community, the developer […]
Chainlink (LINK) Nourishes Its Ecosystem With Upgrades, Quant (QNT) Bets For Long-term Growth Strategy, TMS Network (TMSN) Raises $500K In Stage 1 Presale
Considering the current market conditions, investors are focusing on three projects for positive returns – Chainlink (LINK), Quant (QNT), and TMS Network (TMSN). But they are most bullish on TMS Network’s (TMSN) presale, following a $2 million investment in the project through a private seed sale. Chainlink (LINK) Investors Hopeful For Future Growth Chainlink (LINK) has announced […]
Explore the Limitless Possibilities of Yields: Conic Finance Aims to Offer up to 21% Yields, but Can It Deliver?
Everyone on the lookout for high yields knows they come with a certain level of risk. Yield farming, a form of investing with cryptocurrency, has recently seen a surge in popularity, with some investors seeking annualized returns as high as 21%. Conic Finance has been at the forefront of this push, recently launching a tool […]
Sunsetting on the Horizon: Lido Finance’s Liquid Staking Shake-Up on Polkadot and Kusama
DeFi protocol Lido Finance has caught the attention of the crypto community once again, this time with its intention to sunset liquid staking on the Polkadot and Kusama ecosystems. On Tuesday, Lido’s partner and decentralized finance applications developer firm, MixBytes, proposed the cessation to take effect from August 1, 2023. The proposal, written by MixBytes’ […]
Indian Student Committed Suicide After Becoming a Victim to a Bitcoin Scam (Report)
A second-year B.Com student from the Indian city Lucknow reportedly hanged himself after losing a bitcoin investment worth ₹3.5 lahks ($4,200). The local police assured they will investigate the tragic event once the victim’s family filed a complaint. Depression and Then Suicide According to coverage by Hindustan Times, the boy distributed the sum through an online […]