Tron network leads in stablecoin market share amid growing monthly transfer volume
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.
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Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global electricity consumption over the next decade. 805 Total views 11 Total shares A new study from the New York Digital Investment Group (NYDIG) has projected that Bitcoin’s energy consumption will remain below 0.5% of the global total over…

CoinShares CSO Demirors Urges Calm Among Bitcoin Investors as Prices Slide 12 Percent
Institutions “taking money off the table” was a major factor contributing to Bitcoin’s (BTC) and altcoins’ sudden price drop, the CSO of CoinShares told CNBC Nov. 14.Speaking on the network’s Fast Money Segment, the cryptocurrency exchange-traded products firm’s Meltem Demirors said volatility was a given in the run-up to the Bitcoin Cash (BCH) hard fork.“Any…

NFTs and play-to-earn are future of gaming industry, says EA boss
Major video game publisher Electronic Arts sees NFTs and blockchain-based games as the future of the industry. 1170 Total views 68 Total shares Wider adoption for nonfungible tokens (NFT) and play-to-earn games appears to be on the horizon, as one of the biggest names in the gaming industry sees both as the future of the…

Metaverse not the endgame, but ‘ongoing digital transformation’: Davos 2023
The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space.It is also a hot topic at the 2023 World Economic Forum (WEF) in Davos, Switzerland. The WEF has…

Visa CEO: Visa Still Interested in Developing Libra With Facebook
Alfred F. Kelly, CEO of major payment processor Visa, has said that the company is still in discussions with Facebook on the Libra project.In an interview with finance and economics-focused publication Economic Value on Oct. 24, Kelly assured the interviewer that Visa still maintains a close relationship with Facebook on the subject, as it believes…

Phantom raises $9M to launch multi-chain crypto wallet
The Series A fundraiser was led by Andreessen Horowitz, with participation from Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation. Angel investors from Compound, dYdX and Ethereum Foundation also participated. 358 Total views 5 Total shares Cryptocurrency wallet provider Phantom has secured $9 million in Series A financing to launch a new multi-chain wallet…

AAX clients storm exchange’s office in Lagos following operational halt
A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media. Own this piece of crypto history Collect this article as NFTNigerian customer's of the crypto exchange AAX reportedly attacked the company's office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according…

Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX
Among the claims included allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store's "name, goodwill, and brand recognition". 67 Total views 1 Total shares Lawyers representing United States supermarket chain Trader Joe’s have filed a complaint in California against decentralized exchange Trader Joe.In an Oct. 5 filing in U.S.