Author: Yeek.io
Oroswap, founded by a team of Zignaly Community OGs, announced that it has been building in stealth on ZIGChain – the upcoming purpose-driven blockchain for wealth generation. Giving first-hand visibility to the massive developer ecosystem that ZIGChain has. A full-fledged DEX with Standard AMM & CLMM capabilities together with a robust feature-rich roadmap, Oroswap (“Oro” Spanish for “gold”) is more than the promise of an on-chain marketplace. It is the first DEX being built with conversational AI experience & execution capabilities. At the moment, no DEX in the blockchain space offers this capability. AI discussion and uses have been growing…
With $150 million in new funding, Solana-focused wallet Phantom aims to take on traditional finance as the next-gen consumer finance platform. Phantom, the crypto wallet launched in 2021, has raised $150 million in its Series C funding round, co-led by Sequoia Capital and Paradigm, with participation from existing backers including a16z crypto and Variant. The funding, which brought the wallet’s valuation to $3 billion, will help Phantom accelerate crypto adoption and work toward becoming the world’s biggest consumer finance platform, the developers said in a blog announcement. Phantom has grown rapidly since its debut, attracting 15 million monthly active users,…
Homepage > News > Business > Asia tops digital currency adoption; Thailand seizes BTC miners A new report has placed Asia as the leading continent for digital currency adoption, with 60% of global users residing in the region, which once played catch up to North America and Europe. The report by Foresight Ventures and Primitive Ventures confirmed Asia’s Web3 dominance as a powerhouse in shaping future trends in the ecosystem. Per the report, the region generates the largest slice of liquidity for digital assets, with its daily trading volumes exceeding the $20 billion mark. India leads Asia’s digital currency adoption…
Spot Bitcoin exchange-traded funds in the United States returned to an inflow streak on Jan. 16 as Bitcoin cemented its position above $100K ahead of President-elect Donald Trump’s inauguration ceremony. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $626.15 million in inflows on Thursday, extending their inflow streak for the second consecutive day, with over $1.3 billion entering the funds during this period. BlackRock’s IBIT attracted the lion’s share of inflows yesterday, drawing in $527.87 million from investors following a day of relatively weak inflows experienced by the fund. The asset manager’s spot Bitcoin ETF currently holds…
Fantom surged 20% in 24 hours, reaching $0.836 amid its Sonic rebranding and a 186% spike in active addresses. All eyes are on the critical $0.84 resistance level. Fantom [FTM]has come into the limelight after surging about 20% in the last 24 hours, propelling its price to $0.836, at press time. On the daily chart, altcoin is approaching a critical resistance level at around $0.84, with speculation high on its next move. The market is abuzz with a combination of technical and on-chain metrics fueling optimism for a potential breakout. Source: TradingView What is behind the recent FTM rally? FTM’s…
Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT industry and difficulties in securing additional funding prompted the decision. 1/6 MakersPlace Announces Market Exit 🔳After 6 incredible years of supporting digital art, MakersPlace is ceasing operations. Here’s what it means for our artists, collectors, and supporters—and how we’re ensuring a smooth transition. 🧵↴— MakersPlace…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
With a focus on developer tools and user-friendly apps, Base is aiming for $100 billion in assets and a stronger global presence by 2025. On Jan. 17, the Base blockchain outlined its plan for the year, targeting $100 billion in on-chain assets by October 2025. The roadmap focuses on increasing developer participation, expanding its user base, and improving the scalability of its blockchain infrastructure. The platform has set specific goals, including bringing in 25,000 developers, onboarding 25 million users, attaining $100 billion on-chain assets, and increasing blockspace capacity to 250 million gas units per second (Mgas/s). In blockchain terminology, “gas”…
HeLa Space and Funton.ai have announced their strategic collaboration to push the boundaries of gaming and Web3 experiences. This partnership aims to reshape the future of gaming with Web3 innovations by providing mini-app games in a variety of personalized T2E (Token-to-Earn). HeLa Space, a decentralized digital ecosystem platform, has witnessed the partnership via its official X account. The other ally, Funton.ai, is a leading multi-game platform on Telegram and LINE. This platform has also announced the collaboration through its official X account. Funton.ai to Lead GameFi-as-a-Service Funton.ai presents its groundbreaking GameFi-as-a-Service (Funton GaaS) model. Funton GaaS model is a platform…
Bitcoin has finally reclaimed the $100K mark, sparking renewed excitement across the cryptocurrency market. After a swift and unexpected liquidity sweep into the $89K level earlier this week, BTC staged an impressive recovery, surging over 13% to breach this psychological milestone. This rally has injected fresh momentum into the market, with many altcoins following BTC’s lead. Top analyst Axel Adler shared insights on X, revealing a critical metric that may shape the next phase of Bitcoin’s price action. The metric, which reflects the ratio of long-term holders (LTH) to short-term holders (STH), indicates potential volatility ahead. Historically, significant shifts in…