Slow Recovery for DeFi Tokens on Positive Crypto Developments
It may not seem like it today, with crypto markets tanking, but DeFi assets have been steadily recovering over the past month, according to…
Korean superconductor LK-99 joins memecoin craze
Last month, a team of South Korean scientists claimed to have engineered a superconducting material, dubbed LK-99, that works under ambient temperature and…
GameStop Terminates its Crypto Wallet Program Citing ‘Regulatory Uncertainty’
The American gaming merchandise retailer – GameStop – announced it will remove its cryptocurrency wallets from the market as of November 1, 2023.…
Analyzing Bitcoin’s 3 Phases for Future Predictions
The narrative of Bitcoin (BTC) cycles will continue to recur as long as halving has an impact on the BTC price, miner activity and investor psychology. In the…
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Optimism is a layer-2 scaling solution that operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its…
NFT gas usage shows downward trend, signals shift in landscape
Ethereum gas consumption by nonfungible tokens (NFTs) has dropped significantly since its high in 2021. NFT marketplaces and projects that occupied top spots in…
Bitcoin Ordinals Team Launches Non-Profit to Support Bitcoin NFT Developers
The Ordinals protocol team announced the launch of a non-profit organization, dubbed ‘Open Ordinals Institute,’ to fund its open-source…
Aave price takes double-digit hit, but strong fundamentals point to eventual recovery
Aave, the governance token of the decentralized finance (DeFi) Aave protocol, experienced a 17% decline between July 30 and August 1, reaching the $62 level. …
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure…
European digital asset manager CoinShares’ revenue up 33% in Q2
CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million…
