5ire Launches Hybrid Layer-1 Mainnet
After a successful testnet phase, blockchain startup 5ire launched its mainnet to redefine blockchain’s environmental impact. Layer-1 blockchain platform 5ire has launched its mainnet, furthering its goal of promoting environmentally sustainable blockchain development. 5ire announced the debut of its testnet on August 15 and shared the press release. The testnet logged over one million on-chain […]
Sahil’s $30M Pump and Dump Celebrity Meme Coin Scheme
Sahil Arora’s involvement in celebrity-backed cryptocurrency schemes has raised eyebrows, with reports suggesting he’s made over $30 million. But a closer look at his operations reveals a complex web of questionable practices and alleged exploitation. This article examines how Sahil leveraged celebrity influence to execute what many consider a significant scam and sheds light on […]
Proof-of-stake Blockchain XION Introduces Native Utility Token
Web3 Foundry Burnt launched XION Foundation, a non-profit organization, to create and expand the proof-of-stake blockchain. Its mission is to manage the growth and development of the proof-of-stake blockchain XION. The layer-1 blockchain’s native coin, $XION, was also introduced by the venture-backed platform. On August 14, Burnt announced the accomplishments in a blog post. The XION […]
Pantera Capital Leads $43M Funding for Sahara AI Platform
Sahara AI, a decentralized platform, has secured $43 million in funding to establish a collaborative economy founded on blockchain technology and artificial intelligence (AI). Pantera Capital, Binance Labs, and Polychain Capital led the round, with Samsung, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures, and other investors also participating. […]
WonderFi Expands Operations To Australia
WonderFi joined the Blockchain Futurist Conference in Canada to deliberate on the company’s recent expansion announcement into Australia. In 2023, the crypto firm merged with Coinsmart and Coinsquare, ensuring that $1 billion in assets were under management during the same year.At the Blockchain Futurist Conference in Canada this year, Dean Skurka, president and CEO of […]