Author: WebDesk

Web3 gaming studio Hyve Labs has raised $2.75 million in a pre-seed funding round led by Framework Ventures.This funding round is also join by Volt Capital, Builder Capital, 32 Bit Ventures, and several angel investors from companies like Zynga and InfiniGods. The company’s primary goal is to build a decentralised gaming ecosystem, which will enable easier game development on blockchain platforms.With the latest funding, Hyve Labs plans to expand its team, develop on-chain assets, and create a cross-chain game launcher. Source: Hyve LabsWhat to expect from this latest funding?Hyve Labs plans to use the $2.75 million to accelerate the development…

When people hear about blockchain, they often imagine complicated computer code or confusing cryptocurrency jargon. But what if you could use a powerful blockchain without leaving your favorite chat app? That’s what’s happening with The Open Network (TON) and Telegram. Telegram is a hugely popular messaging platform, serving more than 950 million users every month. TON, on the other hand, is a blockchain project designed to handle fast transactions at a large scale. Their partnership brings these worlds together so regular people—like you and me—can benefit from blockchain without wrestling with unfamiliar tools. In this article, we’ll explore how TON…

Solana users have reportedly experienced challenges landing transactions from Coinbase.  Brian Armstrong vowed to scale support for Solana support.  Coinbase has pledged to scale its support for the Solana [SOL] network amid community backlash over prolonged transaction delays. The situation worsened over the weekend with massive traffic as users jumped on the Official Trump [TRUMP] and Melania Meme [MELANIA] memecoin craze.  Unfortunately, speculators, especially U.S.-based traders on Coinbase, faced massive delays in accessing and landing transactions on Solana. In fact, even a recent report shows a ridiculous ‘4-year waiting period’ to swap funds from the centralized exchange to Solana. One…

Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Brazilian State-Owned Company Petrobras Researches Bitcoin Mining Integration Bitcoin mining is starting to be considered by large oil companies in […] Credit: Source link

Join Our Telegram channel to stay up to date on breaking news coverage In 2024, blockchain networks saw substantial income from transaction fees, with Ethereum leading the way, followed by Tron and Bitcoin. The combined earnings from transaction fees on both Layer 1 and Layer 2 blockchains exceeded $6.89 billion, with Ethereum significantly ahead, with $2.48 billion in gas fee revenue alone. Ethereum’s fee income experienced variability throughout the year, with monthly earnings swinging between $62.82 million and $606.77 million. This positive outlook prompts investors to search for affordable tokens, particularly the best cheap cryptos to buy now under 1…

XRP has just begun its journey as it continues to take the cryptocurrency market by great surprise. The token is currently sitting at $3.15, as it is already gaining momentum to hit a new high very soon. That being said, Ripple is at the center of a deep transformative change as it welcomes innovation in the domain and is actively seeking global collaborations to bolster its position. If this strategic plan continues, here’s how high XRP may trade in the year 2030.Also Read: Dogecoin Drops 6% After Logo Removal and Ramawsami Exits D.O.G.E.Ripple is Forging MilestonesSource: Blockhead.coRipple is currently trending…

The crypto industry is eagerly waiting President Trump’s reforms to roll out, especially the establishment of a U.S. Bitcoin Reserve. According to Kalshi’s regulated prediction market, there’s a 63% chance of Trump setting up the reserve by January 2026. According to Kalshi, an online betting platform, 63% of the votes vouching for establishment of Bitcoin Reserve in the U.S. before 2026 To these numbers, Anthony Pompliano, a cryptocurrency investor and CEO of Professional Capital Management, expressed optimism over the idea and suggested that the market has not fully priced in its potential on his tweet. To this, Peter Schiff, CEO…

Several coins in the cryptocurrency market were benefitting highly from the change in the US government. Shiba Inu (SHIB), however, barely made gains. The asset, in fact, was seen suffering throughout the very first month of the year. While the meme coin continues to remain popular among its community members, the asset was seen dropping down the cryptocurrency ranking ladder. Can SHIB replenish itself or will it take several years?Also Read: Tron (TRX) Predicted to Hit $0.37 Amid Rally: Here’s WhenShiba Inu’s DownfallSource: Watcher GuruOver the past 24 hours, the prominent meme coin SHIB saw a massive drop of nearly…

There is no denying the success of Dogecoin (DOGE). The original memecoin has one of the most loyal fanbases. DOGE has also inspired a plethora of other dog-themed like Shiba Inu (SHIB), Bonk (BONK), dogwifhat (WIF), Floki (FLOKI), etc.Also Read: Dogecoin Drops 6% After Logo Removal and Ramawsami Exits D.O.G.E.Dogecoin Turns $1000 Into $4 MillionSource: NewsBTCDOGE has turned several early investors into multi-millionaires. The memecoin’s price skyrocketed during the 2021 bull run. People who got into the project early made massive returns with small investments.Dogecoin (DOGE) was at its lowest on May 6, 2015. If you purchased $1000 worth of…

The cryptocurrency market is standing at the edge of a complete overhaul as it continues to introduce and debut new elements. With President Donald Trump taking charge of the market, the cryptocurrency market is now more active than ever, and bullish elements are being introduced that promote active use cases of the domain. In this wake, Bitwise has recently applied to launch a Dogecoin ETF, giving the token’s rising population in the domain. If the US SEC approves the aforementioned token’s application, it would be a game changer for the domain. Here’s how high this development may compel Dogecoin to…