The post AVAX Price Breakout Reverses Trend, Eyes $40 In This Cycle appeared first on Coinpedia Fintech News As the price of Bitcoin crosses above the $43K mark, marking a successful bounce back, the altcoins are accelerating to higher levels. Piggybacking on the overall market recovery, the AVAX price is set to form a bullish […]
Polygon Labs Announces Downsizing, Cuts 19% of Workforce
Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off. (Read More)
Jupiter Airdrop Draws Flak Despite Strong Support
Critics have come down heavily on how the JUP token was launched barely 24 hours after its highly anticipated airdrop. There have been concerns that Jupiter has been using the open market opportunity to raise funds without users being completely aware this was the case. Concerns About Airdrop Earlier during the week, the Jupiter team […]
Pixelmon Bags $8M to Grow Decentralized Gaming Ecosystem
Pixelmon, an ambitious startup building a decentralized gaming universe anchored by its collectible creatures IP, has raised $8 million in seed funding as it gears up for major product launches. The round saw backing from blockchain gaming pioneer Animoca Brands and crypto native fund Delphi Ventures. TLDR Pixelmon raises $8M seed round led by Animoca […]
What Happened in the $112.5 Million XRP Hack? Here’s What We Know
A Ripple co-founder was the target of a hack that drained $112.5 million in XRP tokens from several accounts. Ripple is hot after news of a hack targeting the company’s address surfaced. According to a recent confirmation from Ripple co-founder and executive chairman Chris Larsen, $112.5 million worth of XRP was siphoned, not from Ripple’s […]
Animoca Brands Enlists Game Developer iCandy for Anichess PvE Gameplay
Leading Southeast Asian game developer iCandy Interactive is leveraging its next-gen expertise to evolve the ancient strategy game of chess. iCandy’s specialized Web3 studio Hashcode is helping craft new player-versus-environment (PvE) gameplay for Anichess, an innovative chess title with magic spells and fantasy elements. TLDR iCandy’s Hashcode Studio is helping develop PvE gameplay for chess […]
Dencun unleashed: Ethereum’s latest upgrade on second testnet, one step away!
Ethereum had its latest upgrade, the Dencun or the Cancun– Deneb upgrade, which was highly anticipated to be completed within the year’s first quarter. This upgrade will mainly focus on improving Ethereum’s security, efficiency, and scalability through a chain of EIPs (Ethereum improvement proposals). One of the EIPs, proto-dank sharding or EIP-4844, will soon be […]
Bitcoin (BTC) Price Just Recorded This Bullish Pattern
In a promising development for Bitcoin investors, the leading cryptocurrency has formed an inverse head and shoulders pattern on the daily chart
Elon Musk’s DOGE-Themed Post Sets Twitter on Fire
Biggest Dogecoin fan in the world continues to drop DOGE-themed hints to the crypto Twitter
800 Million XRP Returned by Ripple in Unusual Transfer Activity
Ripple’s recent move of adding 800 million XRP, worth $404.86 million, has triggered speculation about cryptocurrency’s future