Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity. The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12. The previous mechanism had around six to…
Major online message board platform Reddit launched its third-generation (Gen 3) NFT collection today, significantly expanding the number of artistic collaborators while turning its focus towards the theme of future realities. Previous collections began releasing on Ethereum scaling network Polygon in June 2022, depicting the platform’s alien mascot Snoo in various styles and themes. Over the following months, Reddit released…
Natural language processing (NLP) is important because it enables machines to understand, interpret and generate human language, which is the primary means of communication between people. By using NLP, machines can analyze and make sense of large amounts of unstructured textual data, improving their ability to assist humans in various tasks, such as customer service, content creation and decision-making. Additionally,…
press release PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive on April 13th. The Shanghai Ethereum upgrade is a highly…
The International Monetary Fund, or IMF, has pointed to the collapse of FTX as well as “turmoil” in the banking sector in its calls for regulation of digital assets. In its Global Financial Stability Report released on April 11, the IMF renewed calls for “comprehensive and consistent regulation and adequate supervision” following the failures of cryptocurrency firms including FTX as…
Ethereum’s Ether (ETH) token continued its losing streak versus Bitcoin (BTC) for the fifth day in a row as BTC’s price jumped above $30,000 for the first time since June 2022. ETH/BTC bullish reversal fails midway On April 11, the ETH/BTC pair dropped nearly 1.6% to 0.0634 BTC to retest multi-month lows. ETH/BTC daily price chart. Source: TradingView ETH/BTC level…
Razer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for new Web3 partners and game submissions. Citing the market need for quality games built on blockchain technology, a zVentures blog post details Razer’s push for increased developer involvement. “We believe that the foundation of any successful game (be it Web…
Solana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. The global crypto market cap is up by 4.42% at the time of writing. Litecoin was another notable mover, as the token rose to a five-week high. Solana (SOL) Solana (SOL) rose by as much as 15% in today’s session, as bullish sentiment…
Bitcoin (BTC) got busy testing $30,000 as new support at the April 11 Wall Street open after hitting new ten-month highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 surge decimates liquidity Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down from an overnight peak near $30,500. The pair had spent most of the day bouncing from the…
press release PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts. According to data analysis, the LP holders’ distribution of the initial liquidity is…
