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Bitcoin News Press Releases

Arbitrum TVL, ARB price doubled in a month —What’s next?

ARB gained more than 49% over the past month as activity on Arbitrum soared. Cointelegraph explains what’s behind the trend. ARB, the native token of Arbitrum, a layer 2 Ethereum scaling platform, is the leader within its sector after posting a 49.49% move over the past month. While the market price action of the last […]

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Improbable sells gaming venture for $97M, shares 2024 metaverse predictions

The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024. Metaverse technology company Improbable announced in an end-of-the-year statement on Dec. 18 that it had sold its Web3 gaming venture, The Multiplayer Group (MPG), to Keywords Studios for £76.5 million ($97.1 million). Herman Narula, co-founder […]

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Oasys taps rollup platform AltLayer to simplify metaverse deployment

Oasys Director Daiki Moriyama told Cointelegraph that the move allows smaller game developers to have an easier time deploying their games on the network. Gaming-focused blockchain Oasys collaborated with zero-knowledge rollup platform AltLayer to simplify the deployment of metaverses within the Oasys ecosystem.  Oasys announced Tuesday that the partnership will use AltLayer’s rollup-as-a-service feature to […]

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Nigeria’s NITDA advocates AI integration in payments for global recognition

NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats. In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between […]

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Crypto payments: PayPal’s stablecoin ripple effect on markets

Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? PayPal’s introduction of its native stablecoin, PayPal USD PYUSD $1.00 , has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward […]

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Crypto news site The Block shakes off SBF ties with Foresight Ventures deal

The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX. The Block, a crypto-focused media company, sold a majority stake of its company to a venture capital firm in Singapore, according to Axios, which has valued it at $70 million. […]

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Layer 2 networks hit $13B TVL, but challenges still remain

Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees. Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts, […]

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Shaping the future of Web3: An interview with Techstars’ Pete Townsend

Delve into the insightful experience and views of Pete Townsend, a renowned figure in the startup and Web3 ecosystem. As an integral part of Techstars, a global seed accelerator known for its significant investments in over 250 Web3 startups, Pete Townsend offers a unique perspective on what it takes to succeed in this rapidly evolving […]

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JPMorgan, Apollo plan for enterprise mainnet, execs reveal

The ‘enterprise mainnet’ provides the scalability to add applications to a network that already has a KYC-compliant set of institutional banks, broker-dealers and asset managers. Executives of banking giants JPMorgan Chase and Apollo revealed plans for a tokenized ‘enterprise mainnet’ formed during a collaboration on the Monetary Authority of Singapore’s (MAS) Project Guardian pilot project.  […]

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Telegram trading bot Maestro refunds users 610 ETH after router exploit

Maestrobots, a group of crypto bots on Telegram, has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24. Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, is refunding users in the aftermath of a 280 Ether ETH $1,877 attack. The Maestro team refunded the […]

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