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Social Infrastructure OpenSocial Protocol Receives $6 Million Strategic Backing Led by Framework Ventures and North Island Ventures to Fuel Community Apps

Social Infrastructure OpenSocial Protocol Receives $6 Million Strategic Backing Led by Framework Ventures and North Island Ventures to Fuel Community Apps

[PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation […]

Social Infrastructure OpenSocial Protocol Receives $6 Million Strategic Backing Led by Framework Ventures and North Island Ventures to Fuel Community Apps Read More »

Olympics-Inspired Meme Coin The Meme Games Nears $250K Presale Milestone

Olympics-Inspired Meme Coin The Meme Games Nears $250K Presale Milestone

While the world catches Olympics fever, a cheeky new meme coin project is beginning to generate traction. The Meme Games (MGMES), inspired by the world’s biggest sporting event, is closing in on the $250,000 mark in its presale. And investors are now debating whether MGMES could produce explosive gains when it lists on DEXs later

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VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050 If This Happens

VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050 If This Happens

Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their “base case scenario,” which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the world’s reserve currencies. The Road to $2.9 Million

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Ripple (XRP) Community Speculates on Upcoming SEC Meeting Today

Ripple (XRP) Community Speculates on Upcoming SEC Meeting Today

TL;DR The Ripple vs. SEC legal battle is still ongoing, with some experts predicting a resolution by the end of summer. An SEC meeting today has fueled speculation about an imminent agreement. Ripple’s token XRP has been rallying and could experience significant volatility based on the lawsuit’s outcome. A favorable ruling might trigger a bull

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Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong

Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong

Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000, in crypto assets by offering him three bundles of counterfeit HK$1,000 banknotes. The officers reportedly confiscated 10,978 fake HK$1,000 banknotes during a raid on the Mong Kok office, where the fraudulent transaction took

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State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report

State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report

State Street Corp., a Boston-based major player in traditional finance, is exploring the launch of its own stablecoin and tokenized deposits to improve payment settlement using blockchain technology. According to a Bloomberg report on Wednesday, the bank has been actively making efforts to integrate into the crypto space. State Street Is Pushing for Digital Expansion

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Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets

Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets

Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. Kraken Custody’s Expansion According to the official press release, institutional clients in the UK

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Bitcoin’s Price May Have Bottomed Out, But There’s a Catch: CryptoQuant

Bitcoin’s Price May Have Bottomed Out, But There’s a Catch: CryptoQuant

Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out. Bitcoin has recovered to a high of $67,000, although it was hovering around $64,000 at the time of writing. This comes after holders realized their largest losses so far in 2024. CryptoQuant analysts said on-chain

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Which Dog-Themed Meme Coin Will Perform Best in H2, 2024? (ChatGPT Speculates)

Which Dog-Themed Meme Coin Will Perform Best in H2, 2024? (ChatGPT Speculates)

TL;DR Dog-themed meme coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have seen significant growth in 2024, possibly driven by strong communities and market presence. Other notable performers include Floki Inu (FLOKI) and dogwifhat (WIF), which have gained traction due to active communities and major cryptocurrency exchange listings. DOGE or SHIB? Dog-themed meme coins have

Which Dog-Themed Meme Coin Will Perform Best in H2, 2024? (ChatGPT Speculates) Read More »

Trump Picks Crypto-Friendly Sen. J.D. Vance as Vice Presidential Candidate

Trump Picks Crypto-Friendly Sen. J.D. Vance as Vice Presidential Candidate

Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on

Trump Picks Crypto-Friendly Sen. J.D. Vance as Vice Presidential Candidate Read More »

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