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…
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Web3Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3
Grand Cayman, Cayman Islands, May 3rd, 2024, Chainwire Protocol launches, growth trajectory, and industry-leading technology point toward more success to come On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch in 2023, the chatter around Sui reached a level…
1 year ago
TON Investment by Pantera Capital Reflects Optimism in Telegram’s Web3 Journey: Should Investors Buy?
Pantera Capital has invested an undisclosed sum in The Open Network (TON). Telegram-Ton partnership creates opportunities for creative applications and monetization, defining the future of messaging and crypto. Pantera Capital, a leading crypto-focused venture capital firm, has invested an undisclosed sum in The Open Network (TON). The decision underscores Pantera’s faith in TON’s potential, particularly in light of its integration with the widely popular Telegram messaging service. With a monthly user base of 900 million users and 36.7 downloads, TON…
1 year ago
NFTBank Launches NFTBank V2 to Enhance NFT Portfolio and Web3 Game Treasury Management
[PRESS RELEASE – Seoul, Korea, May 3rd, 2024] NFT portfolio management platform NFTBank is proud to announce the launch of NFTBank V2. This latest version offers users an enhanced experience in tracking and managing NFT investments with unmatched precision, acting as a prime tool to further expedite the revived web3 gaming movement. Renowned for its highly accurate NFT valuation and profit/loss tracking capabilities, NFTBank has fine-tuned NFTBank V2 to detect various NFT acquisition mechanisms, including minting, bulk purchasing, and transactions…
1 year ago
HPChain is Revving Up the Web3 GPU DePIN Ecosystem With “Mine-Share-as-a-Service”
[PRESS RELEASE – Singapore, Singapore, May 2nd, 2024] Dive into the future with HPChain, the trailblazer in GPU rental services. As a leading provider in the industry, HPChain is dedicated to deliver unparalleled performance at a minimal cost to support the growth of digital creation in Gaming and AI, while empowering the community to participate and potentially profit from these technological advancements. Beyond merely offering Cloud GPU services, the HPChain ecosystem aims to foster an environment where minds converge and…
1 year ago
LunarChain: IOTA and Shimmer Power LunarStorm’s Leap into Decentralized Web3 Gaming
LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network. It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security. LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative. LunarStorm…
1 year ago
AIRDROP2049 Launched for 10 Days, Over 400,000 Users Participate in Joint Airdrop by 50 leading Web3 projects
The post AIRDROP2049 Launched for 10 Days, Over 400,000 Users Participate in Joint Airdrop by 50 leading Web3 projects appeared first on Coinpedia Fintech News AIRDROP2049, a large-scale Web3 airdrop hosted by UXLINK and co-hosted by OKX Ventures, Web3port and Trusta Labs, has already gained more than 400,000 users! 50 popular Web3 project parties have joined forces to launch a large-scale airdrop campaign on Platform X (formerly Twitter), and since its launch, the #AIRDROP2049 has been viewed over 1 million…
1 year ago
Revolutionizing Community Engagement: Top AI-powered & Web3 companies that boost custom marketing
The post Revolutionizing Community Engagement: Top AI-powered & Web3 companies that boost custom marketing appeared first on Coinpedia Fintech News In traditional schemes, we may understand ways to enhance community engagement rewards such as Customer loyalty programs. These schemes were simple – points for purchases, leading to discounts, and vouchers. AI has fundamentally transformed traditional ones by leveraging data analytics & machine learning of user behaviours, businesses can now create personalized marketing experiences that resonate with individual customer preferences. Combining…
1 year ago
Bybit Web3 IDO Launchpad Hosts IDO for Decentralized Payment Protocol Slash (SVL) Ahead of Spot Listing
[PRESS RELEASE – Tokyo, Japan, April 25th, 2024] Leading crypto trading platform Bybit is hosting the Initial DEX Offering (IDO) for Slash (SVL), a decentralized payment protocol designed to transform how merchants and consumers use digital tokens for transactions. Immediately following the IDO’s conclusion, the SVL token will be listed on the Bybit spot exchange and made available for trading on April 29, 2024, at 10am UTC. To participate in the IDO, users must ensure they have a Bybit Wallet…
1 year ago
Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
[PRESS RELEASE – Paris, France, April 25th, 2024] Prize pool of over 1M€ value including media grant from Cointelegraph Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof…
1 year ago