Humanity Protocol Launches Privacy-Preserving Biometric Palm Recognition for Web3 Identity Verification
Humanity Protocol offers less invasive biometric verification. It aims to include millions in a user-centric ecosystem. Humanity Protocol gives users…
Rise in Venture Capital Investments for Crypto Startups
Bitcoin-led market surge continues with significant developments. Venture funding for crypto firms rose 2.5% to $1.9 billion in Q4 2023.…
Ethena Labs Secures $14 Million for Synthetic Dollar Initiative
Ethena Labs raises $14 million for Ethereum-based synthetic dollar. Previous round in 2023 secured $6 million from major crypto firms.…
Backpack Crypto Exchange Hits $300 Million Milestone in Beta Launch
Backpack exchange reached $300 million shortly after beta launch. Popularity partly due to Mad Lads NFT collection on Solana. Significant…
Cracking Down on Crypto Money Laundering
Crypto assets present new money laundering challenges. Chainalysis report highlights shifts in illicit tactics. Regulatory efforts continue to combat digital…
Blockchain GameFi Developer Sky Mavis Reduces Liquidity Provider Rewards
Sky Mavis announces a 50% cut in liquidity provider rewards. Reductions aim to balance APR rates and token emission levels.…
EigenLayer Becomes Fourth Largest Protocol by Total Value Locked
EigenLayer's TVL surges to $6.99 billion, ranking fourth overall. TVL shows a weekly increase of 47.95% and a monthly rise…
Alert on Fake DeFi App Mimicking Curve in Apple’s App Store
Fake Curve finance app listed on Apple's App Store. Curve team warns users, no official DeFi Curve app exists. App…
Web3 User Pays Hefty Fee for Token Purchase During Bull Run
Web3 user pays $113,000 in transaction fees for $26,000 worth of tokens. Excessive spending on transactions signals bullish market behavior.…
United States Launches Artificial Intelligence Security Consortium
US Commerce Department announces AI Security Consortium (AISIC). AISIC aims to foster a secure and reliable AI environment. Consortium includes…
Delegate Launches Clusters Protocol in Collaboration with LayerZero
Ethereum project Delegate announces Clusters, a blockchain-based protocol. Clusters aims to simplify cross-chain identity and wallet management. Delegate's technology secures…
Starknet Announces Collaboration with Celestia for Enhanced Data Availability
Starknet partners with Celestia to improve Layer-3 chains' data availability. Collaboration aims to reduce costs using Celestia's Blobstream for off-chain…
UAE Central Bank Completes First Cross-Border CBDC Transfer
UAE Central Bank executed its first cross-border digital dirham transfer. mBridge project involves China, Hong Kong, Thailand, and UAE's central…
Polygon Nearly Matches Ethereum in Crypto User Count in 2023
Research highlights Web3 ecosystems, with Polygon gaining traction. Polygon nearly reached Ethereum's user count, with over 15 million users. Bitcoin,…
Ethereum Scaling Solution AltLayer Initiates Airdrop Events Worth Over $100 Million
Ethereum's AltLayer begins airdrop, distributing 300 million tokens. Other protocols, including Dymension and Jupiter, plan similar events. Airdrops incentivize users,…
Blockchain Protocols Leverage New Open-Source GPU Acceleration Framework
Blockchain protocols may benefit from a new open-source GPU framework. Space and Time announced their GPU acceleration framework for Web3.…
Ethereum Remains the Top Blockchain Choice for Developers
Ethereum is the leading blockchain among crypto developers. Multi-blockchain developers have increased significantly since 2015. Bitcoin's active developer count declined…
Blockchain Initiative Lygon Faces Liquidation Amid Significant Debt
Lygon, supported by industry giants, prepares for liquidation under heavy debt. Despite initial optimism, financial challenges led to the liquidation…
Netherlands Invests Heavily in Artificial Intelligence to Enhance Global Competitiveness
Netherlands commits €204.5 million to advance AI presence. Funds focus on ethical AI development and public awareness. Investment aligns with…
Blockchain Ecosystems Attract Increasing Interest and Liquidity
Interest in blockchain ecosystems continues to grow. Sui and Solana attracted more liquidity than Ethereum last month. Airdrop events are…
