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…
DAPP
Transak vs MoonPay: Which Crypto Payments Gateway Is Best For Your dApp?
New-age Web3 developers grasp the importance of integrating a fiat gateway within their dApps. By enabling users to purchase the crypto they need to interact with Web3, developers can dramatically simplify the onboarding process for new entrants. The benefit of providing an easy (tightly integrated) way to buy and sell crypto is that users won’t have to go through the hassle of visiting another website or service to get the digital assets required to use a dApp. Imagine someone downloads…
1 year ago
Sui and Atoma Bring the Power of AI to dApp Builders
Grand Cayman, Cayman Islands, May 30th, 2024, Chainwire The integration of Atoma adds new capabilities to Sui’s flourishing developer ecosystem with unique AI-querying capabilities Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, together with Atoma Network, pioneers in decentralized AI, are excited to announce the introduction of a cutting-edge verifiable inference network designed to optimize AI queries off the main chain and dedicated exclusively to Sui and maintaining Sui’s leading efficiency and speed. By tapping…
1 year ago
KangaMoon Unveils Staking DApp Exceeding Price Projections For Dogecoin (DOGE) and Ripple (XRP)
KangaMoon’s recent release of a listing on the BitMart exchange has further driven attraction to its platform. Not only that, its native staking dApp aimed at rewarding stakers has been praised by many known crypto analysts. Despite being at presale, the KANG token has exceeded expectations, having skyrocketed with incredible profit. Even the likes of Dogecoin and Ripple are playing catch up to this DeFi token. With bigger rewards awaiting investors ahead of the upcoming CEX listing, KangaMoon is a…
1 year ago
HarpyCoin Launches Phase 1 of Presale for Solana-Based Token with Great Utility
The team at HarpyCoin proudly announces the launch of Phase 1 of their presale. This phase has already raised over $23,000 without any marketing efforts. With marketing campaigns starting now, HarpyCoin aims to reach $1.5 million. The Solana-based token boasts unique utilities, including staking, a DApp, and a swap feature. Learning More about the Project's Presale HarpyCoin's Phase 1 presale is live, attracting significant attention despite the absence of marketing. The project has raised over $23,000, with strong, genuine initial…
1 year ago
DApp developers can benefit from decentralization without compromise: Here’s how
Supporting an inclusive Web3 era with innovative data indexing tools, SubQuery Network is building a more accessible and robust digital future powered by decentralized middleware. Middleware plays a crucial role in decentralized applications (DApps) by bridging the gap between blockchains and user interfaces. It encompasses various components such as indexers, which organize blockchain data, and remote procedure calls (RPCs), enabling network interactions to function as if they were local. Additionally, middleware includes oracles and decentralized data storage services, which are…
1 year ago
DApp Activity Sees Surge Amid Bitcoin’s All-Time High in Q1 2024
Decentralized applications (dApps) saw a rise of 77% in activity in the first quarter of 2024 and a 7 million total daily active user wallet count. This growth comes as Bitcoin hit an all-time high in Q1 2024, reaching above $73,000. DApp Activity Resurges According to DappRadar, the recent increase in new users shows a strong recovery, indicating the end of the longest bear market experienced. The growth has been attributed to the approval of U.S. spot Bitcoin exchange-traded funds…
1 year ago
VeChain Launches Exciting Testnet dApp Ecosystem with Free Token Airdrops
VeChain’s VeBetterDAO, in its alpha testnet phase, offers B3TR tokens convertible to VOT3 upon mainnet launch. The launch of VeChain’s testnet dApp ecosystem offers free token airdrops, emphasizing sustainability and community engagement. VeChain’s VeBetterDAO marks a significant stride in blockchain technology, championing sustainability. Currently in its alpha testnet phase, and with a mainnet launch scheduled for June 30, 2024, the DAO presents an opportunity for participants to earn B3TR tokens, which will be convertible to VOT3 tokens upon the mainnet…
1 year ago
Twitter Creates A Crypto Team To Explore Decentralized Apps
Social media companies are scaling their efforts to immerse their platforms with blockchain technology. Earlier today, Twitter revealed that it is forming a team dedicated to exploring decentralized applications. Many know Jack Dorsey as a Bitcoin maximalist. However, this is only the first time his company has invested in the surrounding blockchain ecosystem. Twitter’s Crypto Team Tess Rinearson announced Twitter’s new team earlier today, revealing herself as the leader. She said that the team would focus on decentralized technologies that…
4 years ago
Philippines’ SEC Declares Top Ethereum-Based DApp a Ponzi
The Philippines' Securities and Exchange Commission (SEC) has declared the top Ethereum DApp, Forsage, which accounts for 25 percent of the activity on Ethereum network as a possible Ponzi scheme. As a major source of activity on the Ethereum network recently, Dune Analytics shows that Forsage smart contract consumed 12.78 percent of Ethereum’s gas within the previous 24 hours. Forsage, which is behind the increase in ETH transaction fees, claims itself as a fully decentralized matrix marketing project, as well as the most thought-out…
5 years ago