Challenges in Scaling and Performance for Web3 Dapps
While challenges in Web3 Dapps, like scalability, remain significant hurdles, they also represent opportunities for innovation and growth. Web3 DApps, built on blockchain and decentralized protocols, offer unprecedented security, transparency, and user control. However, amidst the excitement surrounding this new era of the internet, developers face significant challenges in scaling and optimizing the performance of […]
SingularityNET (AGIX) Holders Backs ASI Alliance
The merger proposal involving SingularityNET, Fetch.ai, and Ocean Protocol has gained momentum with the endorsement of AGIX holders. SingularityNET, an artificial intelligence (AI) protocol, has stated that most of its token holders have voted in favour of the proposed Artificial Superintelligence (ASI) alliance. ASI Alliance Advances Towards SingularityNET Endorsement The new development is a forward-thinking […]
Korean Won Becomes Most Traded Fiat Currency Globally – Report
According to research firm Kaiko, South Korean Won is the most-traded fiat currency globally during the first quarter of 2024. Kaiko research reported on April 15 that the won constituted a trading volume exceeding $456 billion on centralized cryptocurrency exchanges, surpassing the volume of the U.S. dollar by $455 billion. Due to the “fee war” […]
Bitcoin Halving: Surge in BTC Fees and Hash Rate
The approaching Halving event caused Bitcoin (BTC) transaction fees to hit an all-time high of $11 million in a single day. Notably, throughout April, the hash rate rose by 4%. Transaction fees for Bitcoin (BTC) reached an all-time peak of $11 million in a single day due to the impending Halving event. The surge in […]
Puffer Finance Raises $18M in Series A Funding
Eigenlayer-based liquid staking project Puffer Finance has raised $18 million in Series A funding to launch its mainnet. The announcement on April 16 stated that Brevan Howard Digital and Electric Capital led the funding round, with significant contributions from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca, GSR, and additional […]