Save, previously known as Solend, has recently undergone a significant transformation by rebranding and relaunching its platform at save.finance. This rebranding goes beyond just a name change; it signifies a strategic evolution aimed at providing enhanced financial opportunities for the Solana community. The platform has been in development for three years and has established itself
admin
Shiba Inu (SHIB) has experienced a significant drop of 13% over the past week, causing concern among analysts and investors alike. This downward trend has led some experts to speculate that the price of SHIB could continue to decline in the short term. One analyst pointed out that SHIB’s valuation is currently in a “neutral
In a significant move for the GameFi industry, Binance Labs has recently announced its investment in Pluto Studio, the innovative platform behind Catizen. This strategic partnership aims to provide substantial funding for ongoing initiatives within the Pluto Studio ecosystem, solidifying the studio’s commitment to pioneering the next era of Web3 gaming. Since its launch, Catizen
Atari and Coinbase have come together in a groundbreaking partnership that aims to reinvent classic video games by utilizing blockchain technology. This innovative cooperation between two giants in their respective industries envisions a new era of gaming where creators are directly rewarded for their work without the need for intermediaries. By leveraging the blockchain, Atari
The introduction of spot Ethereum ETFs in the United States marked a significant milestone in the world of crypto trading. On July 23rd, Grayscale’s Ethereum Trust (ETHE) was converted into an ETF, only to experience a substantial loss of $484 million on its first day of trading. This outcome paralleled the fate of Grayscale’s Bitcoin
Recently, India-based centralized exchange WazirX faced a significant exploit that resulted in the loss of nearly half its assets. The exchange’s co-founder, Nischal Shetty, took to social media to inform users about the breach and shared the steps being taken to restore full operations. This incident has raised concerns about the security and integrity of
In early July, the Coinbase premium turned positive, indicating a potential resurgence of institutional interest in Bitcoin. The difference between hourly bitcoin prices on Coinbase’s BTC-USD pair and Binance’s BTC-USDT pair is a crucial indicator of institutional sentiment in the cryptocurrency market. Analysts, such as David Lawant, have highlighted the significance of the Coinbase premium
Recently, the United States House of Representatives passed the Financial Technology Protection Act with unanimous approval. This act is designed to combat the use of digital platforms for illicit activities and terrorism financing. Representative Zach Nunn introduced the bill, which was subsequently approved on July 22, 2024. The main goal of this legislation is to
After weeks of adjustments to registration statements, several spot Ethereum ETFs have been approved for trading, with the launch scheduled for Tuesday. Despite this development, Ether’s price has remained relatively stable. Analysts at Kaiko suggest that the crypto asset could be “sensitive” to inflows from spot ETFs in the coming days, given the lukewarm demand
In the latest turn of events in the cryptocurrency market, the largest spot Bitcoin ETFs in the US have seen positive inflows. However, despite this, the price of Bitcoin itself experienced a hard retracement recently, dropping to $66,300. Nevertheless, Bitcoin has managed to climb back up and is currently hovering around $67,000. On the other