February 2, 2023

Swing launches a software tool for easier deployment of cross-chain solutions

Swing launches a software tool for easier deployment of cross-chain solutions

Swing has released a new widget as well as an SDK for cross-chain developers. According to the initiative, these software tools will make the process of delivering cross-chain solutions easier. Protocol for decentralised cross-chain liquidity Swing has released a new widget and software developer kit (SDK) to make cross-chain crypto deployments easier.  Swing stated on …

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NFT Collection NimTeens Investigates How Fast the NFT Space Moves

NFT Collection NimTeens Investigates How Fast the NFT Space Moves

NimTeens, a new non-fungible token (NFT) collection by generative artist Bryan Brinkman, appears to be a homage to puberty at first glance. The latest 400-edition project, a followup to his January 2021 project NimBuds, depicts his characteristic cloud creatures growing up in an odd fashion to take their school photographs. However, as Brinkman explained to …

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How Social Media Influencers Fed Bankman-Fried’s Cult of Personality

How Social Media Influencers Fed Bankman-Fried’s Cult of Personality

As the fallout from FTX continues and federal criminal accusations against the crypto exchange’s founder, Sam Bankman-Fried, mount, many are left wondering how so many people fell for this Ponzi-like scheme. FTX, like any “successful” financial plan, was a confidence game, and the game only works if the “players” believe things are safe. Enter the …

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Deal Box launches a 5 million blockchain and Web 3 venture fund

Deal Box launches a $125 million blockchain and Web 3 venture fund

According to a news statement issued on January 18, Deal Box, a capital markets advice and token issuing platform based in the United States, has announced a new $125 million venture capital arm dedicated to blockchain and Web 3.0 firms. Deal Box Ventures will invest in firms in the emerging growth, real estate, fintech, funtech, …

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Bankman-Fried Wants Crypto Prices to Rise to Close the FTX Gap

Bankman-Fried Wants Crypto Prices to Rise to Close the FTX Gap

According to the New York Times, top FTX executives were concerned about Alameda using FTX consumer funds in 2020. According to reports, Sam Bankman-Fried dismissed the worries, claiming that Alameda’s liabilities were backed by FTT. When pressed again in September 2022, Bankman-Fried stated that rising crypto values would help remedy the situation. Members of Sam …

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Why Are Cardano (ADA), Avalanche (AVAX), and Solana (SOL) Rising?

Why Are Cardano (ADA), Avalanche (AVAX), and Solana (SOL) Rising?

Cardano (ADA), Avalanche (AVAX), and Solana (SOL) have shown considerable growth as of early 2023. These cryptocurrencies, dubbed “Ethereum killers,” are gaining popularity among investors due to their potential usage and benefits. In comparison to Ethereum (ETH), which currently has poor transaction speeds and expensive transfer costs, these alternative blockchain alternatives provide efficient, low-cost options. …

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This Limited Edition Cardano NFT Collection Sold for 90,000 ADA; Here’s Why It’s Unique

This Limited Edition Cardano NFT Collection Sold for 90,000 ADA; Here’s Why It’s Unique

Jason Mathias, a well-known photographer, and NFT fan, has revealed the incredible narrative of making the “A Memory of Light” collection, which was sold for 90,000 ADA.  Although the collection’s sale price is not a record for Cardano NFTs, it is one of the most high-profile releases in recent memory, both in terms of price …

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Shiba Inu’s (SHIB) burn rate has increased by 613% following a 20% price increase

Shiba Inu’s (SHIB) burn rate has increased by 613% following a 20% price increase

Few market participants expected such a big increase in Shiba Inu’s value in the recent 24 hours, especially given the rally’s dubious potential. However, the market-leading meme coin outperformed bears and soared by more than 20%. As projected, the network burn rate increased by more than 600% compared to yesterday. According to the Shibburn service, …

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