Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Press Release
SIMBA Chain and Alitheon Partner to Deliver End-to-End Authentication & Verification
SIMBA Chain, the builder of Blocks, an enterprise-grade platform that abstracts the complexities of blockchain development to make the innovative technology more accessible across multiple blockchains and services, today announces the integration of Alitheon, the provider of FeaturePrint®, the machine-vision-based solution for authentication and traceability of physical goods. The go-to-market partnering agreement enables Alitheon to provide its customers with the ability to certify the authenticity and take ownership of digitized physical items using the blockchain-based FeaturePrint® system. SIMBA will extend…
2 years ago
Leading Crypto Exchange MEXC Signs Strategic Partnership Agreement With Metacade
Metacade has signed a strategic partnership agreement with MEXC, one of the world's leading cryptocurrency exchanges. This follows the news that Metacade will list on Bitmart at the end of their presale. Founded in 2018, MEXC (also known as MEXC Global) is a rapidly-growing cryptocurrency exchange with more than 6 million users in over 200 countries, including the USA, Canada and Australia. MEXC is regularly featured as one the top exchanges globally for trading volume. The exchange offers one of…
2 years ago
Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High
With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin's price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased. As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough, with an average daily trading volume…
2 years ago
Web3 Domain Alliance Announces New Members to Protect User-Owned Digital Identities
Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards The Web3 Domain Alliance, a member-led coalition dedicated to improving the technological and public policy environments for users of Web3 naming services, today announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, along with dozens of other naming systems, projects and companies. In order to support the ongoing development of digital identity technology…
2 years ago
The Creators of Liquidity Locking, UniCrypt, Rebrand to UNCX Network
Aiming to make the DeFi space more secure, UNCX Network has created and advocated the use of liquidity locking over the past few years at a vigorous rate. Having experienced incredible success in making this a common practice in the industry, they are now expanding their business to new horizons. With expansion comes a rebrand and a website upgrade. [caption id="attachment_333486" align="alignnone" width="1508"] Liquidity locker usage overtime on the Ethereum chain.[/caption] Liquidity locking is when project owners store their liquidity…
2 years ago
Cartesi launches a community-driven program funding developers to help build and expand the Cartesi ecosystem
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. A community-driven program to fund a broad network of contributors, its goal is to help build and expand the Cartesi ecosystem. Reflecting a broader movement towards Cartesi’s decentralization, the Community Grants Program is a step forward in providing increased community involvement…
2 years ago
ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe
Spheroid secures $25 million in an investment commitment from ABO Digital as a strategic financing partner. Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem. This funding commitment from ABO Digital marks a significant milestone for Spheroid, which plans on using the funds to continue building tools and capabilities within Spheroid Universe, such as Spheroid Script (A cross-platform programming language developed to speed up and reduce the cost of developing…
2 years ago
Sensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision
Sensorium is announcing that the Sensorium Galaxy metaverse has entered its much-awaited VR multiplayer public playtest as it opens up access to more virtual reality and content features inside virtual worlds while also laying out a new metaverse doctrine. Delivering its promise to develop a full-fledged metaverse with unparalleled entertainment offerings, Sensorium unveils PRISM, a virtual world dedicated to music, as the first destination to become available to users. Inside this environment, visitors can experience the 24/7 galactic Sensorium Party…
2 years ago
SpaceCatch Arrives with Innovative Move-to-Earn Model
SpaceCatch, an innovative new game that combines classic mobile gameplay with augmented reality, blockchain, and NFT technologies, has arrived with an innovative move-to-earn model. Move-to-Earn Models in General In cryptocurrencies, the move-to-earn model, which allows players to earn money by moving and being physically active, has become popular over the past year alongside the play-to-earn model. This model has gained many supporters because it subconsciously forces people to be physically active and rewards them. [caption id="attachment_333370" align="aligncenter" width="248"] Source: SpaceCatch[/caption]…
2 years ago