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…
Web3
Polkadot-Powered Phala Network Unveils AI-Agent Contract: A Paradigm Shift in Web3 Integration
Phala Network shifts to an AI-agent contract, combining AI with blockchain for decentralized AI agents. The upgrade empowers developers to create, own, and monetize AI agents within Web3. Phala Network has introduced AI-Agent Contract, a blockchain ecosystem development, in partnership with Polkadot. This important development marks a strategic turn toward incorporating artificial intelligence (AI) capabilities into the Web3 environment. Say hello to the AI-Agent Contract by @PhalaNetwork! From Phat to AI-Agent Contracts for Smart Agents, Phala is paving the way…
1 year ago
USDC Issuer Circle Expands Support for Web3 Services on Solana
Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance of providing the necessary tools to integrate the stablecoin seamlessly into various applications. With the integration of Web3 Services on Solana, Circle said that businesses…
1 year ago
AlphaKEK AI Releases API for Web3 Ecosystem
The post AlphaKEK AI Releases API for Web3 Ecosystem appeared first on Coinpedia Fintech News Paphos, Cyprus – In an ambitious move, AlphaKEK AI announces their recent private rollout of the AlphaKEK API, inviting Web3 businesses to tap into their wellspring of AI-as-a-Service (AIaaS) solutions and redefine the AI infrastructure within the burgeoning Web3 landscape.Once the API moves to the public phase, they’re planning to implement their own SDK, as well as integrate the support of their services into mainstream…
1 year ago
Web3 Goes Borderless: FuturesAI Launches Next-Gen Derivatives Trading Platform
The post Web3 Goes Borderless: FuturesAI Launches Next-Gen Derivatives Trading Platform appeared first on Coinpedia Fintech News FuturesAI breaks new ground with its Web3-powered derivatives trading platform, ushering in a borderless era for digital asset trading. The future of crypto futures trading has arrived with the launch of FuturesAI, a cutting-edge platform that leverages proprietary AI technology to empower traders globally. With its innovative approach to futures trading, FuturesAI eliminates barriers, enabling users to trade freely and profitably without the…
1 year ago
Can These New L7 Features Reshape the Web3 Landscape?
L7 spearheads the Web3 revolution with a comprehensive suite of tools and services. The digital asset management platform keeps adding new features catering to investors and developers alike. In fact, the project's momentous evolution grew its loyal community to over 150,000 members worldwide since May 2023. But is that enough to accelerate Web3 adoption, especially on the eve of the biggest bull market the cryptosphere has ever seen? Join us as we dive deep into L7’s successful upgrading process and…
1 year ago
Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption
[PRESS RELEASE – Singapore, Singapore, April 4th, 2024] Xterio, a leading Web3 gaming publisher and platform, and AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, have announced the launch of a game-focused restaked rollup designed specifically for Web3 games. Xterio is a Web3 gaming ecosystem & infrastructure, distinguishing itself as a gaming publisher with top-notch development skills, unparalleled distribution expertise, and over $80M raised in ecosystem funding. With five AAA games and over 45 gaming…
1 year ago
CONF3RENCE 2024 Unites with BLOCKCHANCE to Create Premier Web3 Event
[PRESS RELEASE – Please Read Disclaimer] CONF3RENCE 2024 and BLOCKCHANCE are thrilled to announce their union, marking the inception of a flagship Web3 event in the Ruhr area, Europe’s economic powerhouse. BLOCKCHANCE has already demonstrated the possibilities of the German Web3 ecosystem. Together, aiming to build a bridge between traditional economy and Web3, this union propels CONF3RENCE to a leading position on a global level. Scheduled for May 15th and 16th at Signal Iduna Park in Dortmund, Germany’s largest stadium,…
1 year ago
Helium & Axie Infinity Web3 Enthusiasts Discover Scorpion Casino’s P2E Paradise
The post Helium & Axie Infinity Web3 Enthusiasts Discover Scorpion Casino’s P2E Paradise appeared first on Coinpedia Fintech News A new wave of investors is propelling the Web3 revolution forward, with a keen eye on Web3 altcoins, particularly those within the Play-to-Earn (P2E) space. The global Web3 market is expected to reach a staggering $8 trillion by 2030, reflecting a compound annual growth rate (CAGR) exceeding 40%. This explosive growth is fueled by a confluence of factors, including the increasing…
1 year ago
Gomble Games Secures $10 Million in Cumulative Funding to Advance Ambitious Web3 Gaming Vision
[PRESS RELEASE – Singapore, Singapore, April 2nd, 2024] Web3 gaming platform Gomble Games, a spinoff of the renowned game studio ‘111%’, has now secured a total of $10 million in cumulative investment. Recent rounds saw Gomble receiving investments from Spartan, Hashed, IOSG Ventures, Foresight Ventures, BigBrain Holdings, and others. This follows on from the initial round back in 2023 which saw participation from notable global venture capital firms such as Binance Labs, Animoca Brands, Altos Ventures, and Shima Capital. Gomble…
1 year ago