BlockFi, the bankrupt crypto lender, has received conditional approval from the U.S. Bankruptcy Court in New Jersey for its reorganization plan. In a joint announcement made on August 2, 2023, BlockFi and its Creditors revealed that the reorganization...
Bitget has launched a new program under its Blockchain4Youth initiative to train over 100 young individuals in the fields of crypto, blockchain, and Web3 technologies. The Seychelles-based crypto derivative platform announced this development in a blog post on...
Coinbase's CEO, Brian Armstrong, has hinted that the American crypto exchange is actively working towards integrating the Bitcoin Layer 2 solution, the Lightning Network, into its platform. Armstrong revealed this during a series of Twitter exchanges between him...
The concept of smart contracts has recently gained wide recognition and is described as the pillar of blockchain technology and the bedrock of Decentralized Finance (DeFi). Their widespread use in almost all well-known decentralized applications contributes to this. ...
Solana, a Web3 infrastructure platform, has announced a new feature that reduces the cost of building user-first Web3 projects. The new feature, state compression technology, allows developers to store data directly on-chain at a significantly reduced cost. Solana...
Vybe, a social mining platform built on Algorand, has announced the launch of ALGO bounties (BNTYs) as part of a development in its Bntyhntr program. ALGO BNTYs are similar to VYBE BNTYs, the first product in its Bntyhntr...
The Japanese Financial Services Agency (FSA) has issued a warning letter to four foreign cryptocurrency exchanges, including Bybit, for operating in the country without proper registration. The other three crypto exchanges affected are BitForex, MEXC Global, and Bitget. ...
The Arbitrum Foundation has recently come under fire from the crypto community over the allocation of 750 million ARB tokens as it plans to launch the Arbitrum DAO. The Foundation responded to the backlash and published a detailed...
Crypto payment gateway Alchemy Pay has announced a strategic partnership with DWF Labs, a Web3 investment firm, to expand its services into the South Korean market. The partnership has helped Alchemy Pay raise $10 million and achieve a...
With its promise of high returns and financial freedom, DeFi has captured the attention of investors and enthusiasts alike. Whether you're looking to earn interest, provide liquidity, or invest in new protocols, DeFi offers a range of exciting...
