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  • BONE skyrockets post successful ShibaSwap Shibarium integration May 17, 2024
    Following the successful implementation of ShibaSwap to Shibarium, the project’s layer-2 scalability solution, the value of Bone ShibaSwap (BONE), the governance token of Shiba Inu’s decentralized crypto exchange platform and the official gas token of Shibarium saw a double-digit spike. The decentralized cryptocurrency trading tool ShibaSwap has finally returned to Shibarium, according to a statement […]
    Trevor Holman
  • MakerDAO unveils PureDai: A decentralized stablecoin with no dollar peg May 17, 2024
    MakerDAO, the decentralized autonomous organization that created the Dai stablecoin, has revealed intentions to launch a new stablecoin called PureDai. This step is intended to provide a fully decentralized alternative to Dai, which now depends on a combination of centralized and decentralized alternative collateral. It is expected that this will take place within the next […]
    David Cox
  • Bitcoin poised for institutional boom: Scaramucci predicts rise May 17, 2024
    Anthony Scaramucci, the co-founder of Skybridge Capital, remains optimistic about Bitcoin. He thinks it is still on its way to becoming widely adopted. He specifically mentions the increasing focus of institutional investors as a critical factor for that possibility.  In a recent interview with CNBC, Scaramucci highlighted that the regulatory obstacles previously disqualifying large-scale investors […]
    Roxanne Williams
  • Anichess partners with Team Secret to revolutionize chess in esports May 17, 2024
    Anichess, a subordinate of Animoca Brands and a specific game (related to Chess) which is developed due to cooperation between Chess.com and Magnus Carlsen, who is renowned for being a 5-time world chess champion, has just announced its partnership with Team Secret, a prominent and burgeoning international esports brand. The objective of this partnership is […]
    Scott Cook
  • Solayer, a restaking protocol based in Solana, raises $20 million May 17, 2024
    A Solana-centric staking protocol known as Solayer amassed $20 million in a mere forty-five minutes while it was still in the process of being introduced. It occurred during the Genesis Epoch 0 phase. This involved limited time, a limited cap, and the assemblage of a fair amount of important investors in the Solana ecosystem. A […]
    Trevor Holman
  • Synthetix stablecoin, sUSD, becoming more scalable and decentralized May 17, 2024
    sUSD, Synthetix’s stablecoin, is undergoing a critical phase in preparation for the V3 release, which will result in enhanced decentralization and upgradability. The previous V2x mechanism encouraged participation by minting the SNX token. It differs from the present version in that it brings in and disburses actual yield, has a buyback and burn system, and […]
    David Cox
  • DTCC, Chainlink pilot accelerates fund tokenization with major banks on board; LINK soars 7% May 17, 2024
    The Depository Trust and Clearing Corporation (DTCC), recognized as the world’s largest securities settlement system, has successfully completed a pilot project in collaboration with the blockchain oracle Chainlink and multiple major U.S. financial institutions. The term “Smart NAV” given to this pilot project intended to establish an agreed process of getting and circulating funds’ net […]
    Roxanne Williams
  • Solana NFT first-time wallets rose 30%, boosting market optimism May 17, 2024
    The previous week, wallets using Solana non-fungible tokens saw a price surge. This increase in activity is a tangible reflection of the huge popularity and growing participation in the Solana NFT system.  Solana is one of the top-notch non-fungible token platforms, followed by Bitcoin and Ethereum. The Solana nonfungible token has eventually become a stupendous […]
    Scott Cook
  • Bitcoin: analysts predict short-term jump before a downturn May 17, 2024
    As per the consensus among analysts, the forecast for Bitcoin indicates that it will undergo a transient upswing prior to a downturn. According to Ali, a prominent cryptocurrency analyst, caution should be exercised when selling Bitcoin. He further emphasizes this by using his TD sequential indicator, which highlights the temporary nature of Bitcoin’s upswing and […]
    Trevor Holman

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