ThorChain (RUNE) Bucks Crypto Slump, Jumps 58% in One Week
ThorChain (RUNE) has outperformed the crypto market this week, recording a 58% increase in its price and a 5,160% surge in volume. The protocol allows users to swap native assets between eight different blockchains without intermediaries or wrapped tokens. ThorChain’s impressive performance comes amid a general downtrend in the crypto market, which has seen a […]
IOST Launches Blockchain Services on Tencent Cloud
IOST, a high-performance blockchain platform, has teamed up with Tencent Cloud, one of China’s leading cloud service providers, to launch two major blockchain services: the NFT service and the Blockchain traceability service. The NFT service aims to offer comprehensive solutions for digital brands by facilitating the issuance of exclusive NFTs, brand IP digitization, and rapid […]
ADA Price Consolidates as Bulls Await Breakout
Cardano (ADA) is trading sideways in a tight range between $0.25 and $0.45, frustrating investors looking for a clear direction. However, this period of low volatility could be the calm before the storm as ADA prepares for a major move in the near future. ADA is down 0.1% to $0.2895, with $112 million in volume […]
Sei Network Unveils Tokenomics and Rewards for SEI Token
Sei Network, a trading-focused Layer 1 blockchain, has announced the tokenomics framework and community incentives for its native token, SEI. The token will serve multiple purposes on the Sei blockchain, such as paying network fees, staking for security, voting for governance, and providing application collateral. The token supply is capped at 10 billion SEI, with […]
Coinbase Forms Crypto Lobby Group to Influence US Policies
Coinbase has announced the formation of a lobby group to advocate for clear and favorable crypto policies in the US. The Stand with Crypto Alliance group aims to unite the crypto community and influence lawmakers and regulators to modernize the financial system and protect consumers. The alliance was launched in response to what Coinbase has […]