Ava Labs, the organization behind the Avalanche blockchain, has announced the appointment of Laura Nguyen as its first Head in Vietnam. The strategic move aims to accelerate the adoption of Avalanche in the Vietnamese market. In her role, Nguyen will play a crucial part in promoting awareness, engagement, and overall growth of the Avalanche ecosystem…
USTC, a once-prominent stablecoin, faced a severe setback with a depegging event in May 2022, disrupting its planned $1 peg. Despite the turmoil, a dedicated community emerged, determined to restore USTC’s stability and revive its standing in the crypto space. Formerly TerraUSD (UST), TerraClassicUSD aimed to be an algorithmic stablecoin, intricately using UST and LUNA…
Dogecoin’s price is expected to bounce back after clearing hurdles at $0.07, but it’s facing resistance at $0.08, slowing down the anticipated climb beyond $1. The optimism is driven by a growing number of users getting involved. In recent months, altcoins, including Dogecoin (DOGE) and Cardano (ADA), have shown a trend of moving independently from…
Jito Foundation unveils governance token, JTO, for its Solana liquid staking protocol, planning to mint 1 billion tokens initially circulating 115 million. Token allocation: 34% community growth, 25% ecosystem development, 24.5% core contributors, and 16% investors. The Jito Foundation, a significant player in the Solana (SOL) ecosystem, has introduced a governance token named JTO for…
SIX Digital Exchange, a part of the SIX Group family, has just announced a partnership with DLT Finance. Their goal is to bring about big changes in the world of crypto trading. SIX Digital Exchange, part of the SIX Group known for its crypto services, is teaming up with DLT Finance, a licensed trading and…
Shiba Inu’s lead developer, Shytoshi Kusama, has responded to new insights into the crucial role of SHIB within the Shiba Inu ecosystem. This revelation emphasizes the significant role that SHIB plays in governing the entire ecosystem. A Shiba Inu supporter recently shared on X (formerly Twitter) the importance of SHIB in the ecosystem. The community…
BitMEX co-founder Arthur Hayes is getting optimistic about Bitcoin and other crypto investments. At the same time, he’s thinking about stepping away from T-Bills. BitMEX co-founder Arthur Hayes has been sharing a lot about Bitcoin and crypto investments in recent blog posts. In one of his latest articles, he talked about the uncertainty around the…
Amazon Managed Blockchain integrates Polygon PoS for streamlined dApp development, offering free access during public preview. Developers in finance, gaming, and brands gain significant benefits from this integration. Developers use Polygon PoS every day to build apps that are reliable, fast, and cost-effective. Whether it’s NFT marketplaces or turning real-world assets into tokens, Polygon is…
Big investors are getting into trusts linked to Ethereum (ETH) a bunch. They seem to really like ETH 2.0, thinking it shows the project is going to do well for a long time. More money has been going into Ethereum (ETH) trusts and ETFs since November 23. Currently, according to CryptoQuant, the Ethereum Funds Holdings…
The excitement around meme coins like Shiba Inu (SHIB) has notably subsided in recent weeks. Both Shiba Inu and Dogecoin (DOGE), prominent players in this category based on market capitalization, have maintained a relatively steady position. Despite facing bearish pressure, Shiba Inu’s price prediction remains uncertain as the meme coin experiences a significant burn rate…