Web3 needs to regress before we can progress in 2024 | Opinion

On the surface, things now seem very different from a year ago, with Bitcoin  (BTC) being more than double the $16,000-17,000 and the total market cap of crypto being comfortably above a trillion dollars. While the prices do indeed reflect…

Pancakeswap’s community overwhelmingly backs 300 million CAKE token supply cut

Pancakeswap gains overwhelming community support for 300 million CAKE token supply reduction, bolstering market presence across chains. Pancakeswap, the third-largest decentralized exchange globally, recently witnessed a near-unanimous community vote on a governance proposal to reduce the CAKE token supply by…

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin […]

Bybit Unveils Its Web3 Vision: Pioneering Simplicity, Openness, and Equality in the Decentralized Ecosystem

DUBAI, UAE, Dec. 8, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, today unveiled its forward-thinking Web3 vision on its 5th anniversary, aimed at creating a decentralized ecosystem that is Simpler, Open, and Equal for all. “Our Web3 vision is an extension of our promise to be the Crypto Ark, safeguarding user […]

United Nations Development Programme Partners with Algorand to Launch a Blockchain Academy

Algorand selected to deliver blockchain curriculum to 22,000 UNDP employees globally NEW DELHI, Nov. 30, 2023 /PRNewswire/ — The United Nations Development Programme (UNDP) announces a partnership with Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, to launch a blockchain academy to provide UNDP staff […]

Term Structure Secured an Initial Funding of USD 4.25 Million in a Series Seed Fundraising Round, With Cumberland DRW Leading the Investment

TAIPEI, Nov. 30, 2023 /PRNewswire/ — Term Structure, a non-custodial fixed-income protocol that provides peer-to-peer, fixed-rate, and fixed-term borrowing and lending in decentralized finance (DeFi), has secured an initial funding of USD 4.25 million in a series seed fundraising round. Cumberland DRW led this round, with participation from Decima Fund, HashKey Capital, Longling Capital, and MZ […]

Bybit Celebrates 5 Years of Disrupting the Game with 20 Million Users Milestone

DUBAI, UAE, Nov. 28, 2023 /PRNewswire/ — Bybit, a top-three crypto exchange, is pleased to announce a new milestone in its growth journey: surpassing 20 million registered users. This landmark underscores Bybit’s position at the forefront of the crypto industry, celebrating its 5th anniversary this December. Since its inception, Bybit has offered innovative trading solutions, user-friendly […]

Bybit Launches #High5Bybit Personality Test and 1-million USDT Trading Competition with Exclusive NFT Collection for Fifth Anniversary

DUBAI, UAE, Nov. 27, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, is celebrating its fifth anniversary with a unique personality-based trading competition. This initiative invites crypto enthusiasts to discover their trading personalities, gain NFTs, and join their fellows in a team competition that rewards trading prowess. Bybit’s fifth anniversary is an opportunity for […]

CoolWallet Presents: ZERO Bridge/Swap Service Fee and Win $XY, Total Prize Up to US$500

TAIPEI, Nov. 20, 2023 /PRNewswire/ — CoolWallet, a leading crypto hardware wallet provider, and XY Finance, a Cross-Chain DEX & Bridge Aggregator, announce an exclusive campaign: “Swap Smarter, Bridge Better!” celebrating their strategic collaboration. Dive into an Exciting Campaign Experience From November 21 to November 27, 2023 (GMT+8), crypto enthusiasts can leverage an exclusive offer […]

ChainUp Earns Prestigious “Best Institutional Custody & Asset-Service” Recognition at the 2023 Regulation Asia Awards for Excellence

SINGAPORE, Nov. 15, 2023 /PRNewswire/ — ChainUp, a global blockchain technology service provider, announced its recognition at the 2023 Regulation Asia Awards for Excellence. ChainUp was honored with the prestigious award “Best Institutional Custody & Asset-Service Solution” under the Digital Assets category. The award recognizes crypto custody and asset-servicing solutions that provide bank-grade security architecture and […]