Web3

Qatar Launches 2024 Digital Assets Framework

Deepshova

3rd September 2024, Wyoming Qatar just dropped its 2024 Digital Assets Framework, aiming to build a secure and transparent crypto ...

Japan’s Metaplanet Teams Up with Ripple’s SBI for Bitcoin Boost

Japan’s Metaplanet Teams Up with Ripple’s SBI for Bitcoin Boost

Deepshova

Metaplanet, aka Japan’s MicroStrategy, linked up with Ripple’s partner SBI VC Trade to supercharge Bitcoin trading, custody and management. This ...

Solana Sees 40% Surge in Trading Volume

Solana Faces Bearish Trend as Post-Sunpump Demand Declines

Sagun Seewa

Solana (SOL) faces a bearish market as the cryptocurrency strives to recover from the impacts of the Sunpump event. Initially, ...

US Judge Dismisses Dogecoin Lawsuit Against Elon Musk

US Judge Dismisses Dogecoin Lawsuit Against Elon Musk

Deepshova

Elon Musk just steered clear of a huge legal battle. A U.S. judge tossed away a $258 billion lawsuit accusing ...

Mbappé’s Social Media Hacked to Promote Fake Crypto Scam

Mbappé’s Social Media Hacked to Promote Fake Crypto Scam

Deepshova

Recently one of the most popular footballers Kylian Mbappé’s official social accounts were involved in the scam. The scam was ...

Trump Presidency Not Needed for XRP’s Rise

Trump Presidency Not Needed for XRP’s Rise

Deepshova

Xena, an influential member of the XRP community debunked the idea that Trump must get re-elected for XRP to succeed. ...

India Proposes a Global CBDC Interoperability System

India Proposes a Global CBDC Interoperability System

Deepshova

The RBI which is the central bank of India has recently introduced a new concept known as the “plug-and-play” that ...

Solana Sees 40% Surge in Trading Volume

Solana Sees 40% Surge in Trading Volume

Sagun Seewa

Solana (SOL) has perceived a 40% boost in trading volume and that might be on the path of recovery. This ...

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

Sagun Seewa

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This ...

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This is the first time that Base Network has reached this milestone. The milestone signifies the beginning of the next phase in the rapid evolution of Base Network. Base Network is an Ethereum Layer 2 scaling solution developed by Coinbase. The Base Network is a cost-effective and scalable alternative to the Ethereum mainnet. This has led to the increasing number of daily activities of the Base Network. It shows that interest of users are growing in the Layer 2 solutions.  Diverse users are attracted to it due to the high transactions at low fees. From retail traders to investors, are seeking possibilities to capitalize on benefits from Layer 2 technology. The rise in the activities also depicts the vast uptrend in DeFi. The users are inclined toward decentralized solutions for trading, lending and more. Thus, with the advanced technological platform and support of Coinbase, Base Network has become prominent for the further development of decentralized Finance. As the Base Network gains more popularity, there are chances of innovations in the DeFi environment. Therefore, the achievement made in the daily active addresses by reaching 1M  points to the bright future of Layer 2 solutions in the blockchain market.

Binance Urges U.S. Help as Exec Marks 6 Months in Detention

Deepshova

Binance CEO Richard Teng wants the U. S. to intervene. As, Binance executive Tigran Gambaryan, a former U. S. federal ...