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London Stock Exchange Opens Doors to Bitcoin and Ethereum ETNs

The Financial Conduct Authority of the United Kingdom has announced its approval for the establishment of a market segment dedicated to crypto-backed Exchange-Traded Notes (ETNs), signaling a significant stride in the integration of digital assets into traditional financial frameworks. In line with this development, the London Stock Exchange (LSE) has disclosed its forthcoming acceptance of […]

Bitcoin price hits a new all-time high on March 5th, 2024

  The price of Bitcoin surged to a remarkable new peak, exceeding $69,200 on March 5th, with a notable 5% increase within a mere 24-hour period. This surge marks a substantial rise of over 21% throughout the past week, surpassing its previous all-time high of $68,990 observed on the Coinbase exchange back on November 10, […]

PUBG Publisher Teams Up with Circle for Metaverse In-Game Wallet

  Overdare, a prominent metaverse-focused venture, has unveiled a groundbreaking collaboration with Circle, a leading issuer of USD Coin (USDC), aimed at enhancing the experience for gaming content creators within its immersive gaming environment. This partnership, announced on February 26th, marks a significant milestone in the evolution of the gaming industry, particularly within the realm […]

Solana NFTs Surpass $5 Billion in All-Time Sales Volume

  In December 2023, the market for Solana-based nonfungible tokens (NFTs) experienced a significant surge, marking its second-highest monthly sales volume at $365 million. This surge contributed to a remarkable milestone for Solana NFTs, as the total sales volume surpassed $5 billion, driven by heightened trading activity on the blockchain over the past four months. […]

Uniswap’s Governance Proposal Sparks UNI, Reaching Two-Year High

  UNI experienced a remarkable surge of over 50% within a 24-hour period, reaching a peak of $12.73, its highest level in two years, as reported by TradingView. This surge was propelled by a proposal put forth by the Uniswap Foundation aiming to enhance the governance structure of the Uniswap decentralized exchange. The proposal, spearheaded […]

Solana claims a monthly active developer base exceeding 2,500

Solana claims a monthly active developer base exceeding 2,500

Over the past three months, the Solana Foundation has reported an impressive 50% increase in developer retention on its network. Recent data highlights that the Solana ecosystem boasts more than 2,500 monthly active developers, a crucial metric indicating a thriving ecosystem with the ability to attract and retain talent. The figures were detailed in a

UNDP & Algorand Forge Alliance for Global Blockchain Education

UNDP & Algorand Forge Alliance for Global Blockchain Education

News The United Nations Development Programme (UNDP), entrusted with the mission of eradicating poverty across more than 170 nations, is embarking on a transformative initiative to enhance the expertise of its 22,000-strong workforce in the realm of blockchain technology. In an innovative collaboration, the UNDP has joined forces with the Algorand Foundation to inaugurate a

Abu Dhabi Establishes a DLT Framework for Web3 and DAO Entities

Abu Dhabi Establishes a DLT Framework for Web3 and DAO Entities

News Abu Dhabi has taken a groundbreaking step by legalizing decentralized autonomous organizations (DAOs) and unveiling a comprehensive distributed ledger technology (DLT) framework. This progressive move not only provides a solid legal foundation for Web3 entities but also empowers them to issue tokens. Experts see this as a significant stride towards mainstream acceptance and the

SafeMoon (SFM) Founders Arrested, Face U.S. Charges for Defrauding Investors

SafeMoon (SFM) Founders Arrested, Face U.S. Charges for Defrauding Investors

News The U.S. Attorney’s Office for the Eastern District of New York has unveiled a significant indictment, implicating Braden John Karony, Kyle Nagy, and Thomas Smith in a multifaceted financial fraud case. The charges against them encompass conspiracy to commit securities fraud, conspiracy to commit wire fraud, and money laundering conspiracy. The alleged misconduct revolves