DOGE Surged 25% When Musk Turned the Blue Bird into a Golden Doge
After business tycoon and Tesla Inc CEO Elon Musk transformed Twitter Inc’s blue bird emblem to a dog-themed graphic, the value of the largest and oldest meme coin, Dogecoin (DOGE), increased across the board on Monday. The most recent market data from Coinmarketcap and Coingecko indicate that the price of Dogecoin increased by as much…
Republic Crypto is launching a $100 million fund in partnership with Re7 Capital
Re7 Capital, a venture capital (VC) firm, has partnered with web3 consulting and Republic Crypto, a firm that specializes in crypto infrastructure, to develop a $100 million investment for liquid coins. One of the initial efforts of the 2022 major tie-up between the two companies is establishing the fund, which has been given the name…
PancakeSwap DEX Gets Version 3 Upgrade, Will Enhanced Performance and Reduce Costs
Version 3 of the PancakeSwap DEX has been released on Ethereum and BNB Chain, providing enhanced functionality and reduced transaction fees. (1) Reports indicate that Version 3 includes four distinct trading charge categories that boast the industry’s lowest on-chain trading costs compared to those of the decentralized exchange’s competitors. In this particular scenario, notable alternatives…
Alchemy Pay Receives $10 Million in Venture Financing Amid Rising Demand for Native Token
The payment service provider Alchemy Pay, headquartered in Singapore, has taken its efforts to expand a step further. According to a news release, Alchemy Pay raised $10 million in venture funds, resulting in a valuation of $400 million for the company. (1) The Alchemy Pay Company Is Interested in Growing Its Business For what…
ETH Hackers Exploit Arbitrage Opportunities with MEV Bots to Make $25M!
As Ethereum (ETH) gets ready for its much-anticipated upgrade, which is now being referred to as “Shapella,” the network has come up against a new obstacle in the type of malicious threats on Miner Extractable Value (MEV) bots exchanges. These attacks have caused the network to face new difficulties. An attack of this kind was…
Academic Paper ‘Softwar’ on Bitcoin Becomes Best Seller on Amazon
The most popular item on Amazon is a lengthy academic study about bitcoin that a major in the United States Space Force published. The concept of “Softwar” is conceptually very different from the monetary use of Bitcoin’s network at the present time. (1) However, it expresses significant support for Bitcoin as being able to have…
Some Major Crypto Influencers May be Facing $1 Billion in Suits!
The cryptocurrency exchange Binance and its chief executive officer, Changpeng Zhao (CZ), are currently facing yet another set of challenges in the form of a prominent court case. Just a few days after the United States CFTC filed a lawsuit against Binance, the law firms of Moskowitz Law Firm and Boies Schiller Flexner also have…
UK Crypto Firms Facing Discrimination from Financial Institutions?
When crypto companies in the UK apply to various banks for access to various services, their applications are frequently denied, and they are needed to provide further paperwork. These companies face a number of obstacles and difficulties. (1) It all started in February, when HSBC Holdings plc and National Westminster Bank, also known as simply…
Argentine Airline Flybondi to Issue Tickets as NFTs in Collab with TravelX
New technologies, like web3, are presenting businesses with new opportunities for distribution. A perfect example of this would be airlines, which now have additional channels via which they may sell tickets. Flybondi LCC, Argentina’s first low-cost carrier and one of the most recent businesses to embrace web3, is also one of the most innovative enterprises.…