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
Veax Labs Launches Public Testnet For Its Advanced NEAR-Based DEX
Veax Labs is excited to announce that it has officially launched the public testnet for its advanced NEAR Protocol-based decentralized exchange (DEX). The platform, which seamlessly bridges features commonly found in the traditional finance (TradFi) market with decentralized infrastructure, hopes to bring a fresh value proposition to the DEX market. The Veax platform offers a wide range of features, including advanced liquidity management, adaptable exchange pools, true margin and derivatives trading, a seamless order book UX and more. In addition,…
2 years ago
Biswap DEX Unveils Improved AMM as Part of Its Ambitious 2023 Roadmap
BNB Chain decentralized exchange Biswap has published its 2023 roadmap, which includes several proposed improvements and upgrades. It includes details of a new AMM, route optimization, and perpetual trading. Take a look at the main Biswap benefits: https://biswap.org/. A new AMM protocol with concentrated liquidity will allow Liquidity Providers to accumulate their capital to smaller price intervals than from 0 to infinity, increasing capital use efficiency and providing users with more profitable exchange conditions with less slippage. Improved routing to…
2 years ago
GDCC Team Explain Their Tokenomics Ahead of LBank Listing
As the GDCC token prepares to launch on LBank, its team proudly announced the details of the project's tokenomics. The GDCC token design integrates into the project's ecosystem and provides holders long-term sustainability. The team detailed the GDCC tokenomics to allow users to understand and appreciate its value. In addition, the listing will allow the GDCC project to further its mission of providing a digital asset platform for all users. The GDCC Tokenomics The GDCC team decided to implement a…
2 years ago
Web3 Security Company Cyvers Releases DeFi Threat Detection Report
Cyvers, a web3 security company founded by Deddy Lavid and Meir Dolev, has released a security report analyzing the major events, threats, and best practices for protecting assets in the DeFi space. The comprehensive report provides valuable insights for projects and organizations looking to participate in the web3 ecosystem securely. The state of web3 security in 2022 was a major concern for industry participants and regulators alike. The rapid evolution of financial technology in space led to increased security vulnerabilities…
2 years ago
China’s “Instagram” Chooses Conflux Network for Permissionless Blockchain Integration
Little Red Book (XiaohongShu), the Chinese version of Instagram, integrates Conflux Network as a permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the digital collection section called ‘R-Space.’ The platform has more than 200 million active monthly users, and this integration brings NFTs a step closer to mass adoption, where people actively use Web3 technology daily within a Web2 system. Little Red Book has previous alliances with blockchains and NFTs but never a…
2 years ago
Genesis Coin Inc, Powering 35% of Global Bitcoin ATM Transactions, Acquired by Bitstop Founders
Genesis Coin Inc, the first and largest Bitcoin ATM software platform worldwide, announced today that they had been acquired by early Bitcoin ATM pioneers Andrew Barnard and Doug Carrillo. Founded in 2013, Genesis Coin’s technology powers approximately 35% of global Bitcoin ATM transactions. Barnard and Carrillo, who also founded Bitstop, built the first and largest private-label Bitcoin ATM platform based in Miami, FL, with over 2,500+ Bitcoin ATMs worldwide. Genesis Coin and Bitstop represent over 75+ operators operating 12,000+ Bitcoin…
2 years ago
Yesports Partners with 30+ World Class Web3 Games to Announce “Convergence 2023” — The Largest Digital Web3 Gaming to Esports Conference
Yesports.gg, the leading gateway for web3 gamers and esports fans, announced today that registration is now open for the highly-anticipated “Convergence 2023” event. The largest digital web3 gaming to esports conference, hosted by Yesports founder Sebastian Quinn, will take place over three days and features founders from 35 of the top web3 games, including; ZedRun, Decentral Games, Planet IX, Fabwelt | Arsenal, Exiled Racers, Undead Blocks, Metalcore, and Shatterpoint. This unique digital conference will also feature 3 leading global esports…
2 years ago
Voltichange Expands Market Reach with Widget and Deflationary Strategy
Volt Inu has recently launched its Voltichange DEX, a deflationary exchange that promises to revolutionize the crypto market. The platform allows users to trade any ERC20 or BEP20 token with a 0.25% fee that the system burns and a 0.25% buyback for its native VOLT token. Volt Inu has also released a widget for all crypto projects to increase its reach further. This tool enables them to provide their users with an easy way to buy directly from their website…
2 years ago
XREATORS Launches on January 25th: An NFT Marketplace for Digital Content and IP Merchandise
XREATORS, a global NFT marketplace that connects social creators with fans, is officially set to launch on January 25th. XREATORS will exclusively reveal highly collectible and attractive NFTs from all over the world. Not to mention their plans to introduce previously unreleased content, including. The NFX Golf Series … where holders will gain access to field lessons in South Korea with KLPGA professional golfers (plans for expansion to other regions are in place), Visual Track (Sunny Inspires) - WDBZ NFT…
2 years ago