The month of February has been truly tumultuous for the king of the cryptocurrency world- Bitcoin. What initially looked like a resurgence of the coin […] Go to Source
Monthly archives: February 2023
Ethereum’s Shanghai Upgrade Propels Liquid Staking Market Above DeFi Lending
Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms of total value locked. The hype around Ethereum’s Shanghai update and staked Ether withdrawals has seemingly boosted liquidity and …
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Calvaria: The Play-to-Earn Crypto Game That’s Set to Disrupt the Gaming Industry – Join the Future Here
Calvaria, one of the best P2E projects to launch last year, has started its token generation event. Early movers can now go to the official […] Go to Source
COCOS Price Prediction: COCOS Sees More Fundamental Growth, Could Now Be a Great Time to Buy?
Cocos Blockchain Expedition is a decentralized autonomous organization (DAO) that aims to use decentralization technology and MetaFi to enable the future Metaverse. The project currently develops various infrastructures for GameFi, NFT, IGO, and more. Cocos-BCX seeks to connect more creators into the crypto world via GameFi incubation, distribution, IGO investment, and community while continuously providing …
Tencent To Offer Metaverse Building Services to Asian Markets
Tencent, a tech conglomerate from China, announced its all-new metaverse suite, an addition to its product portfolio called “metaverse-in-a-box”, that’ll assist third-party companies in building […] Go to Source
New Coinbase Blockchain Sees Massive Confidence Vote For Ethereum
The Ethereum community has happily welcomed the newly launched layer-2 network from Coinbase, Base. This layer-2 network aims to host decentralized applications onto its platform […] Go to Source
Veteran Trader Tone Vays Issues Bitcoin Warning, Says Real BTC Pullback Imminent
A seasoned crypto trader is issuing a warning to investors about Bitcoin (BTC), saying that a real pullback could be on the horizon for the king crypto. In a new video update, veteran crypto strategist Tone Vays tells his 123,000 YouTube subscribers that the top crypto asset by market cap failed to capture a critical …
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Shiba Inu (SHIB) Addresses Shatter All-Time Highs Above 3,145,000 As Shibarium Prepares for Liftoff
Dogecoin (DOGE) rival Shiba Inu (SHIB) is experiencing a wave of fundamental strength as its community braces for the release of Shibarium, the highly anticipated layer-2 specially designed for the ecosystem. According to data from Glassnode, addresses holding SHIB have been growing in number virtually nonstop, recently breaking another all-time high even as price trades …
74% of survey participants say they buy NFTs for status
According to metaverse platform, Metajuice, almost three out of four of the nonfungible token (NFT) collectors on its platform purchase NFTs for status, uniqueness and aesthetics. While current NFT sales are not as high as during the peak in 2021, the space still holds on, with users giving various reasons for buying NFTs. Top 10 …
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Tech companies enter agreement for ‘Japan Metaverse Economic Zone’
Interest in the metaverse is accelerating at a global rate, with countries all over the world joining in the rush to get involved. In Japan, a country often associated with its legacy technology sector, a group of well-known tech companies entered into an agreement on Feb. 27 to forward the creation of the “Japan Metaverse …
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Trezor to produce chips for hardware wallets to shorten supply cycle
Hardware wallet manufacturer Trezor is accelerating the production of new Trezor wallets by producing its own wallet silicon chips. Trezor officially announced on Feb. 27 that the firm will start facilitating the production of its own key component, the chip wrapper, in its flagship product, Trezor Model T. The move aims to significantly optimize Trezor …
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Solana outage triggers ballistic reaction from the crypto community
As the Solana network suffered another setback, crypto community members went on social media to express various concerns, even comparing the blockchain to other projects like Ethereum and Bitcoin. On Feb. 25, the Solana network faced performance degradation issues, resulting in transaction disruptions, leading validators to opt for a network restart. Seemingly tired of the …
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Bitcoin Price Prediction for Today, February 27: BTC Price Rebounds but Risks Decline below $23K
Bitcoin Struggles but Risks Decline below $23K – February 27, 2023 Bitcoin (BTC) price is regaining momentum as it moves above the 21-day simple moving […] Go to Source
Liquid staking TVL now second-largest among DeFi protocols
Ad The total value of assets locked (TVL) in liquid staking derivatives (LSD) protocols rose to $14.09 billion — making it the second-largest DeFi category, according to Defillama data. The DeFi category usurped lending protocols with a TVL of $13.68 billion and sat behind only decentralized exchanges (DEX) whose TVL is at $19.33 billion, according …
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Here’s why the recent Solana outage took almost a day to resolve
Ad Twitter user @DBCrypt0 explained why Solana was down for almost 20 hours over the weekend. Solana’s uptime status showed the network suffered an outage that lasted 18 hours and 50 minutes on Feb. 25 — the first interruption in 2023. Solana has a history of network outages, having endured 11 major, and 3 minor, …
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