Author: Isabella Taylor
The trajectory of Bitcoin in 2024 will be one for the history books in the crypto space for various reasons. Starting from approval for Bitcoin ETFs to the plans for introducing a national Bitcoin reserve, there has been lot going around for Bitcoin. As institutional adoption gains momentum and new technological advancements make a significant mark, everyone has been wondering about the future of Bitcoin. The price of Bitcoin has been one of the biggest concerns for investors, businesses and other stakeholders in the crypto space. The crypto market has been wondering about what Bitcoin price prediction 2025 might bring…
The bullish sentiment in the crypto market has shown promises of continuous growth. You can expect the Crypto Bull Run to become stronger in 2025 with experts pointing out that Bitcoin may reach new all-time highs. Considering the impact of Bitcoin price changes on the broader crypto industry, you can expect crypto prices to soar higher. The arrival of new altcoins and meme coins is one of the indicators of the growing confidence in crypto investments. At this point of time, the top ICO coins deserve the attention of everyone associated with the crypto space. ICO coins are one of…
Icebreaker, an open professional network co-founded by Coinbase and Google veterans, has raised $5 million in a seed round to build the blockchain’s version of LinkedIn. Dan Stone and Jack Dillé, co-founders of Icebreaker, announced they secured the funding in a round led crypto-native investment firm CoinFund. Icebreaker will use the funds to assemble a world-class team as it continues its mission to launch a platform that allows for professional connections on the blockchain. Professional networking platform on the blockchain According to the announcement, Icebreaker targets a professional network where users can benefit from “cryptographically verifiable identity” in a market…
Sony launches Soneium blockchain to drive mainstream web3 adoption. Soneium focuses on scalability, built on Optimism’s Superchain. Soneium rollout will be in a three-phase plan: onboarding developers, integrating Sony products, and expanding to enterprises. Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale Labs. The initiative, unveiled on August 23, marks a significant step in Sony’s strategy to push web3 technology into the mainstream. Introducing #Soneium by #Sony Block Solutions Labs building a public Ethereum layer 2 next-generation blockchain ecosystem designed to invoke emotion and empower creativity. Soneium…
Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes. The company is shifting focus from general-purpose scaling to niche applications. Despite layoffs, Matter Labs continues hiring for critical engineering and business roles. Matter Labs, the company behind the Ethereum scaling network ZKsync, has announced the layoff of over 16% of its workforce, affecting 24 employees. The announcement, made on September 3, 2024, by Matter Labs’ co-founder and CEO Alex Gluchowski, marks a significant shift for the company as it navigates the increasingly competitive landscape of Ethereum layer-2 scaling solutions. Matter Labs restructuring amid market…
0G has transitioned into a Decentralized AI Operating System (dAIOS). Initially, OG was a leading modular AI blockchain. 0G aims to democratize AI as a public good, attracting interest across various sectors. On October 1, 2024, 0G announced a groundbreaking shift in its identity, evolving from a leading modular AI blockchain to the world’s first Decentralized AI Operating System (dAIOS). This transformation underscores 0G’s commitment to decentralizing artificial intelligence and providing users with complete control over their data while promoting transparency, monetization, and incentive alignment. Decentralizing AI workflows In today’s highly centralized AI landscape, data ownership and decision-making processes often…
CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a significant step in the evolution of decentralized finance (DeFi) and web3 payment solutions. The CrossFi blockchain aims to provide a scalable, decentralized ecosystem designed to support high-volume payments and everyday transactions, bridging traditional finance with the world of crypto. The CrossFi mainnet’s launch comes on the heels of a successful testnet, conducted in collaboration with…
The fund is the Delta Wellington Ultra Short Treasury On-Chain Fund or ULTRA ULTRA is live on Ethereum; however, there are plans to expand it to Arbitrum, Avalanche, and Solana Wellington Management, an asset manager with over $1 trillion in assets, is partnering with Ondo Finance to power intraday redemptions for a newly unveiled tokenized US Treasury fund. Ondo is a decentralized finance protocol that’s seeing rapid growth in the tokenized assets market. Ondo and Wellington team up on new tokenized fund The fund in question is the Delta Wellington Ultra Short Treasury On-Chain Fund, or ULTRA. This is the…
Bangkok will host the Open AGI Summit on November 14 alongside DevCon 2024. The summit focuses on ethical AI development through decentralized governance models. Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms. Bangkok is set to be the epicentre of innovation as it hosts the Open AGI Summit on November 14, 2024, in conjunction with DevCon, a major blockchain developer conference. These unique events aim to explore the intersection of Artificial General Intelligence (AGI) and decentralized technologies, fostering dialogue about the ethical implications of AI in a rapidly evolving digital landscape. Supported by flagship partners including Google…
The cryptocurrency market relies on finding promising projects with exponential growth potential. Although Cardano (ADA) and Solana (SOL) have established themselves as top blockchain systems, their explosive ascent leaves traders wanting for the next great prospect. Today, that focus is on Rexas Finance (RXS), a potential coin now valued at $0.175, that could provide enormous gains as the market develops. Rexas Finance’s meteoric rise in presale success Thanks to its strong ecosystem and creative approach, Rexas Finance has generated waves in cryptocurrency. With almost $34 million raised and 385 million tokens sold, the project’s presale performance speaks volumes about its…