According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such […]
The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency. Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%, which drew the attention of investors and traders. However, as of […]
Circle launches USDC cross-chain transfer protocol across Ethereum and Avalanche, cutting off the use of third-party bridges. The team behind the project says the move will ease the user experience, improve market liquidity, and aid capital efficiency. The CEO of Circle expects a turnaround amid plunging market cap and regulatory […]
Binance Coin (BNB) price has reached the $340 resistance level and is currently retracing its steps. Binance Coin price long-term forecast: bullish BNB has recovered above the moving average lines with a high of $330 today. This is the price action since February 3. On the upside, buyers were unable […]
In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the state. DAOs by default are not recognized as legal entities, and giving these organizations legal status in Utah could help clear up regulatory concerns. David […]
Bitget has pledged $10 million for the development of the Fetch.ai ecosystem, the cryptocurrency derivatives exchange announced on April 27. Fetch.ai provides the infrastructure to build autonomous services. Its core product is the artificial intelligence (AI) agent network, a decentralized network of autonomous agents that can perform various tasks, such […]
Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths. According to research from blockchain sleuths ZachXBT, one address, in particular, has launched “114 memecoin scams” in the past 45 days alone. In an April 26 Twitter thread, ZachXBT tracked […]
The United States must implement stablecoin legislation and digitize the U.S. dollar to mitigate the “very active de-dollarization taking place” around the world right now, says Jeremy Allaire, the CE of stablecoin issuer Circle. Allaire’s comments at the Consensus 2023 conference on April 26 were made in light of the […]
Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar. The price is now trading below $22.50 and the 100 […]
Three Republican members of the United States House of Representatives Financial Services Committee have sent letters to the heads of U.S. banking regulatory agencies seeking information on possible coordinated efforts taken against digital asset firms. The letters follow up on ones sent to the same addresses by the lawmakers earlier. […]
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