SINGAPORE – Matr1x, a Web3 entertainment platform integrating gaming, AI, Esports, and blockchain, announced on Nov. 20 the launch of a breeding feature for Character NFTs in its flagship game, Matr1x FIRE. This feature aims to enhance player engagement with new gameplay mechanics and expand the game’s virtual economy. Character NFTs are core assets within…
Altcoins
TL;DR The tokenization of Real World Assets (RWA) turns physical assets into digital tokens for more efficient and accessible management and trading. Tokenization allows investors of all levels to participate in high-value markets by reducing economic barriers and providing transparency through blockchain technology. Cryptocurrencies like MakerDAO, Chainlink, Synthetix, and Pendle are leading the RWA market…
June 27, 2024 — Fenix Finance has successfully closed a $300,000 seed funding round led by Layer 3 protocol Orbs. This funding will support the development of Fenix’s unified trading and liquidity marketplace on the Blast network. Orbs' investment strengthens its existing partnership with Fenix, enhancing its role as a technology partner. Fenix is set…
New York, NY, June 26th, 2024 — Sonic, the new gaming Layer-2 infrastructure on Solana, has reported over 100,000 unique wallets and more than 17 million transactions within the first week of its Sonic Testnet Odyssey launch. This development highlights the interest in Sonic, the first atomic SVM Layer-2 designed for gaming on the Solana…
When was the last time you heard groundbreaking news about Dogecoin that wasn't just about its price? Dogechain has shaken things up by introducing PawPort, the world's first DRC20 to EVM bridge. Is this the move that cements Dogechain as the top scaling and smart contract layer for Dogecoin? It sure seems like it. Doginals:…
Dabba, a decentralized physical infrastructure network (DePIN) providing wifi connectivity to underserved markets, is set to roll out 10,000 new hotspots globally. This expansion is part of season two of its demand-driven program, aiming to enhance internet access in high-demand regions across India. Dabba has announced the launch of season two of its DePIN service, set…
Pendle is making waves in the decentralized finance (DeFi) space by offering a unique solution for yield tokenization. But what exactly is Pendle, and why should you care?
What is Pendle?
Pendle is a DeFi protocol that allows users to tokenize and trade future yields. By wrapping yield-bearing tokens into standardized yield tokens (SY), Pendle splits…
SAN FRANCISCO, May 9, 2024 — WisdomTree, a notable asset management firm, has launched its innovative financial app, WisdomTree Prime, to cover 75% of the U.S. population across 41 states despite shareholder wishes. This strategic extension is powered by the Stellar Development Foundation, which supports the app's robust digital asset services. WisdomTree has integrated Stellar’s efficient…
The blockchain technology has transformed many industries by bringing efficiency, speed and transparency. From the banking industry to insurance and healthcare, the world is benefitting from the new technology in a great way. The latest industry that’s set to be enriched by the blockchain technology is the search engine and ads industry. Bitclave is a…
The former cryptocurrency lending platform BitConnect has been hit with a series of class action lawsuits by users who claim to have had their money stolen by the disgraced company. Litigation began at the end of last month, after a group of six BitConnect investors filed a suit with a U.S. district court in West Palm Beach, Florida.…
