Polkadot, a leading blockchain protocol, has recently joined forces with Founder Institute to launch a Web3 cohort and introduce Asynchronous Backing to enhance scalability. Additionally, some of its parachains, including Acala Network and Moonbeam Network, have made significant advancements in security, governance, and community engagement initiatives. These developments reflect Polkadot’s continued growth and innovation in
Magic Square’s latest venture, Magic Launchpad, is set to disrupt the traditional fundraising landscape for early-stage projects. With a vast user base of over 4.5 million unique wallets and a thriving community with 1400 projects, Magic Launchpad is poised to offer innovative solutions for growth hacking, brand building, user acquisition, and fundraising. Magic Launchpad introduces
Recently, the Chinese police forces uncovered a massive underground banking operation that was utilizing the popular stablecoin Tether (USDT) to transfer funds totaling up to 13.8 billion yuan ($1.9 billion). This operation was discovered by the Public Security Bureau of Chengdu Municipal, resulting in the arrest of 193 suspects and the freezing of 149 million
The cryptocurrency world is abuzz with excitement over the upcoming ICO for Mollars (MOLLARS), a new store of value altcoin that is gaining popularity at a rapid pace. With the ICO moving quickly towards US$1,500,000 and 72% of the tokens already allocated for the presale, Mollars is positioning itself as a promising alternative to established
In the ever-evolving world of cryptocurrency, Dogecoin has emerged as a major player with a total market capitalization of $19.8 billion. Its humble beginnings at $0.003 a coin back in April 2019 have seen a remarkable growth of +4,600% in just five years. With an average annualized return on investment of +920%, Dogecoin has captured
Bitcoin, as the pioneer cryptocurrency, experienced a positive price performance recently, rising by 2.9% to trade above $67,000 for the first time since April 24. This increase has been linked to the low inflation levels reported in the latest Consumer Price Index (CPI) data. However, the price of Bitcoin is subject to various influencing factors,
The recent rally of Bitcoin from $61,000 to above $67,000 has caught the attention of many in the cryptocurrency market. According to analytics firm CryptoQuant, one of the key factors behind this surge was the lower-than-expected inflation in the United States. The data released showed that the Consumer Price Index (CPI) rose by 0.3% in
In the rapidly evolving world of artificial intelligence (AI), the intersection with cryptocurrencies has created a buzz in the market. With the emergence of new AI technologies and advancements, investors are looking for opportunities to capitalize on this growing trend. Recently, ChatGPT, a chatbot designed by OpenAI, made predictions about the top-performing AI-related cryptocurrencies for
Coinbase, a popular crypto exchange, has shared its belief that the chances of the SEC approving spot Ethereum ETFs by the end of the month are between 30% to 40%. This prediction came from Coinbase Institutional Research Analyst David Han in a report published on May 15. Han mentioned that the correlation between CME futures
Oklahoma recently made history by becoming the first state in the US to legally protect the right to self-custody Bitcoin through the passing of a new bill. This legislation, known as the ‘Bitcoin Rights’ bill, ensures that residents can hold, control, and use digital assets without interference from the state. By allowing individuals to self-custody