Crypto Development News

Lens Protocol Raises $15 Million to Augment Decentralized social media – Next Twitter Competitor?

Aave’s Lens Protocol, a social layer for web3, has raised $15 million in funding to develop decentralized blockchain-backed social media.  According to a June 8 blog post, IDEO CoLab Ventures led the funding round alongside other VCs, such as General Catalyst, Variant, Blockchain Capital, and Palm Tree.  Other prominent venture capitals, including A. Capital, Seed Club Ventures, Robot Ventures, […]

Crypto

Crypto is the Most Common Investment for Generation Z Even though it’s Risky, here’s the explanation

Generation Z, comprising individuals born between the mid-1990s and early 2010s, has shown a significant interest in cryptocurrencies as an investment option. Despite the risks associated with cryptocurrencies, this generation has embraced the digital asset class in large numbers. In the following ten paragraphs, I will explain why cryptocurrencies have become a common investment choice […]

Crypto

Can Solana become a crypto for apple products?

Solana is a high-performance blockchain platform that has gained significant attention and popularity in the cryptocurrency industry. While Solana is not specifically designed for integration with Apple products, it has the potential to become a cryptocurrency of choice for Apple users. In the following eight paragraphs, I will explain why Solana could be suitable for […]

Crypto

G7 Group Countries Will Discuss Crypto Issues at the Summit in Japan

The G7 group, consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, has announced that it will discuss crypto-related issues during its upcoming summit in Japan. This decision reflects the increasing importance of cryptocurrencies in the global economy and the need for international cooperation to address associated challenges. In this […]

Crypto Hot Topic News

Shiba Inu Gains More Real-world Utility, Now Accepted for Mobile Top-Ups

Shiba Inu (SHIB) continuously gains the attention of top business brands, increasing its real-world utility; it appears that the token’s popularity has extended beyond just trading and investing. By implication, SHIB token holders can now use their tokens to top up airtime on their phones, shop online, and even explore the upcoming SHIB metaverse. Notably, […]

Crypto

Trust Wallet Partners with Web3Auth to Simplify Web3 Onboarding Using Social Login

Trust Wallet, one of the largest independent and multi-chain custodial wallets, has announced a partnership with Web3Auth to allow users to seamlessly log in and access Web3 services using their existing social login credentials, in addition to other security factors. This collaboration marks another step towards improving user experience and accelerating mass adoption of Web3. […]

Crypto

Bhutan Is Secretly Investing in Crypto Millions of US Dollars

Bhutan, the isolated Himalayan kingdom, has been quietly investing millions of dollars in cryptocurrencies, including Bitcoin and Ether, over the past year. Reporting from Beincrypto, Wednesday (18/4/2023), this became known after Forbes reviewed the bankruptcy filings of crypto companies BlockFi and Celsius and found state-secret crypto portfolios. Forbes found Druk Holding & Investments (DHI), a […]