Bhutan, a small Himalayan kingdom with a population of less than 800,000, has quietly built up Bitcoin holdings worth $750 million according to Forbes. The holdings represent approximately 27.9% of Bhutan's estimated 2023 Gross Domestic Product of $2.686 billion. The country's venture into
Non-fungible token (NFT) technology, previously associated primarily with Ethereum and other smart contract platforms, is now making inroads on the Bitcoin network. Recent developments have enabled the creation and trading of NFTs using Bitcoin's blockchain, potentially opening up new use cases for the world's largest cryptocurrency.
I recently came across an editorial that's stirred up quite a debate in the cryptocurrency community. Published on a Friday morning by a major media outlet, it criticized presidential candidates for what it saw as pandering to the crypto industry, given the significant campaign donations they've
The market has still not fully recovered from the massive FUD of many Tier-1 projects disappointing their users with their airdrop distribution, not to mention the flood of various clickers and mini apps. Amid all this, the EYWA project hit the radar when it announced the completion of the first
Bitcoin sidechain developers have released a new whitepaper detailing the second version of Bitcoin Virtual Machine (BitVM2) and an updated BitVM Bridge. The document, shared by Alexei Zamyatin, co-author and co-founder of Bitcoin sidechain BOB, outlines significant improvements aimed at enhancing Bitcoin's transaction capacity and efficiency. The primary
Blockchain, the foundational technology behind Bitcoin, has expanded far beyond its initial inception. Featuring a chain of blocks that store encrypted data linked together, blockchain ensures transparency and optimal security. This technology is not confined to finance alone but has proven potent across various sectors including healthcare, real estate, education,
The technical charts for Bitcoin may look ugly right now, but I firmly believe the fundamentals are stronger than ever. This market correction, in my view, is nothing more than an opportunity to buy Bitcoin at a discount. Let me explain why I'm so confident in Bitcoin'
StarChain, a decentralized science (DeSci) project focusing on astronomical research, has announced the unification of 500 terabytes of astronomical data on its platform. The announcement was made on August 5th, 2024, by Dr. Meijer, Chief Scientific Officer of StarChain. This development represents a significant step in the project's
Cumulus Encrypted Storage System (CESS), a decentralized cloud storage and content delivery network, has launched its latest testnet called Venus on July 31, 2024. This new testnet follows the successful conclusion of testnet v0.7.6, which saw major updates and participation from over 10,000 storage node operators. The
The recent attack on Compound's decentralized autonomous organization (DAO) has shed light on the fragility of governance systems in many cryptocurrency projects. On July 28, a group called the Golden Boys exploited Compound's voting mechanism, successfully passing a proposal that siphoned $24 million worth of COMP
OpenSocial Protocol, a platform for building social applications on blockchain technology, has secured $6 million in strategic funding. The investment round was led by Framework Ventures and North Island Ventures, with participation from several other venture capital firms and angel investors in the Web3 space. This brings OpenSocial Protocol'
MoonTaurus, a new cryptocurrency in the memecoin category, has launched its presale on July 24, 2024, raising $100,000 within the first two hours. The project, based in London, England, is structured with a multi-tiered presale system and aims to position itself as a significant player in the cryptocurrency market.
Singapore, Singapore, September 18th, 2024, Chainwire MatrixPort, a leading digital asset financial services platform and exSat, a breakthrough Bitcoin scalability solution, have entered into a comprehensive strategic partnership. By leveraging their respective strengths, they aim to accelerate the growth and application of the Bitcoin ecosystem, marking the start of a
Press Release: Revered Nigerian singer Harrysong becomes the latest musician to join the Sportsbet ‘crypto experience’ ambassador program. September 18, 2024 — Sportsbet.io, the world’s favorite crypto-led sports betting site, has once again raised the bar by announcing yet another A-list ambassador with the signing of legendary Nigerian singer
Amsterdam, Netherlands, September 18th, 2024, Chainwire Token 2049 Attendees Can Collect DOTphin Proof of Presence Digital Avatars and Contribute to Real-World Environmental Impact Sovereign Nature Initiative (SNI) has joined forces with Unique Network and WalletConnect to launch DOTphin, an innovative Polkadot NFT project for attendees of Token 2049 in Singapore.
G, H, September 17th, 2024, Chainwire Basebet.io, the leading blockchain-powered casino and sportsbook, is excited to introduce the $BBT token. The $BBT token provides players with access to staking opportunities, VIP program acceleration, and enhanced jackpot features, creating new avenues for engagement on the platform. The pre-sale for the
Singapore, Singapore, September 17th, 2024, Chainwire Announcement marks the first blockchain based on the Move programming language to support these protocols Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has announced the upcoming native launches of USDC and Cross-Chain Transfer Protocol (CCTP) on the Sui Network.
New York, NY, September 17th, 2024, Chainwire * tBTC on EigenLayer offers users new restaking opportunities to earn rewards as Bitcoin demand outpaces other crypto markets * EigenLayer’s adoption of tBTC spotlights tBTC’s role as one of the most decentralized assets for securely growing the BitcoinFi ecosystem Threshold Network, the
Singapore, Singapore, September 17th, 2024, Chainwire The world’s largest martial arts organization will leverage Sui’s technology for its products and highly anticipated mobile game ONE Fight Arena built in partnership with Animoca Brands Sui, a cutting-edge Layer 1 blockchain, today announced it will be the official blockchain partner
Singapore, Singapore, September 16th, 2024, Chainwire * Built on Base, Unite is launching its inaugural earning season * Users can earn $UNITE tokens in Mom’s Kitchen, the first profitable casual mobile game in Web3 * Minting Soul Bound Token (SBT) In-Game Asset Offers an Exclusive Bonus Multiplier for Airdrop Unite, a groundbreaking
Panama City, Panama, September 16th, 2024, Chainwire Bitlauncher, the groundbreaking platform at the intersection of Artificial Intelligence (AI) and cryptocurrency, is thrilled to announce its presale event starting on September 16th, 2024, with a goal to raise $150,000. This presale offers enthusiasts and investors an opportunity to shape the
San Francisco, USA, September 13th, 2024, Chainwire Alchemy, the leading web3 development platform, has officially partnered with Cross Finance, an innovative DeFi platform, to power dApp development on the CrossFi Chain. This strategic collaboration will also see Alchemy become a core development partner, enabling the building and scaling of dApps
Kuopio, Finland, September 12th, 2024, Chainwire Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power
Palo Alto, CA, September 12th, 2024, Chainwire Super Champs Chain will Accelerate Growth with New Games from Builders; Super Champs already the Top Gaming Ecosystem on Base with Two Live Games and More to Come The Super Champs Protocol Foundation is excited to announce the launch of the Super Champs