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Multichain gaming system developer Kokomo Games announced its entry into the web3 gaming industry following the conclusion of its angel funding round. One Million and One Kokos — the firm’s first title — is expected to launch on Telegram soon. According to a recent Kokomo Games announcement, the firm’s angel investor funding round was oversubscribed and saw the participation of DAO Jones, including figures like Steve Aoki and Mike Shinoda from Linkin Park. Angels from The Sandbox, Crypto.com Capital, SoftBank, Kraken,…

Since August 9, Bittensor’s (TAO) price has experienced a steady daily decline. This downward trend contrasts sharply with the altcoin’s performance from August 5 to 8, when prices were rising. Holders had hoped that TAO would build up on the increase and retest the previous week’s high. However, it also appears that the same investors are responsible for this downturn. Project Development Is Not Enough to Drive Bittensor Accumulation At press time, TAO trades at $278.93, representing a 15% drop…

Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap, the token is down over 21% since last month, putting significant pressure on investors as the market continues with its choppy trading days.  Despite the market’s hostility in the past 24 hours, on-chain news still reinforces investor confidence as the platform’s Superchain continues to grow. But questions remain as to how this can affect the…

Although the market dipped today, Solana has found its way to spark investor interest despite falling a few points in the past 24 hours. However, the token is still up nearly 22% in the past month, going against the market’s general bearishness after last week’s slip and slide.  Solana’s significant traction around the world has garnered some attention in the institutional space, leading to a development that might help SOL weather the bearish storm ahead. But with the coming announcements…

The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced died down.  The platform is slowly expanding its operations with new additions to Akash that will benefit both investors and Akash service consumers alike. Along with the market’s general bullishness, it seems that AKT will see tremendous growth in the long…

Injective starts the day with a bang as INJ, the platform’s native token gained over 12% in the past 24 hours. This can be attributed to the market’s surprising rally, complemented by a  market cap that is up by over 6% after its dip earlier this week.  The rally is also due to Injective’s recent achievements that spur some buzz within and outside their community. Investors might find some value on INJ as it continues to grow and innovate.  Utila…

Institutional investors have already shown how bullish they are on Bitcoin (BTC) and the broader cryptocurrency market, as they have continued to accumulate with USDT, especially during every dip. This bullish sentiment was again on display as this institutional investor sent $445 million USDT to exchanges to buy more crypto.  Cumberland Sends $445 Million USDT To Exchanges The on-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post that crypto trading firm Cumberland has deposited the $445 million it…

BitClout founder Nader Al-Naji has been charged by the SEC and DoJ with wire fraud and securities violations for allegedly misusing $257 million in investor funds. SEC Allegations Another day, another SEC lawsuit. The latest crypto entity under the regulator’s crosshairs is the Web3-based social media platform BitClout. The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DoJ) have jointly charged BitClout’s founder, Nader Al-Naji, with wire fraud and the sale of unregistered securities. The SEC's complaint,…

As the crypto market enters a bearish trend, few altcoins are worth looking at for long-term gains. BlockDAG, a layer 1 coin has generated substantial excitement with its X Series miners, successfully selling over 9.400 units and raising $3.9 million in presales. These miners, featuring advanced cooling systems and power supplies, offer significant passive income, with the X10 model capable of producing up to 200 BDAG daily. Meanwhile, SUI, despite a recent market downturn, has shown resilience and is gaining…