Cross-chain bridge protocol Multichain ceases operations
Multichain protocol says its forced to cease operations due to recent events. CEO Zhaojun and his sister have reportedly been detained leaving the team with no operational funds. Multichain saw…
Cronos partners with Filecoin’s Protocol Labs to boost Web 3 adoption
Cronos Labs has announced a partnership with Protocol Labs. Protocol Labs is the creator of Filecoin and IPFS. Cronos Labs announced a major partnership with Protocol Labs, the creator of…
Binance opens trading for Maverick Protocol (MAV)
Binance opens trading for Pantera Capital and Coinbase backed Maverick Protocol (MAV) Maverick’s native token will trade against Bitcoin, USDT and TUSD. Binance added Maverick Protocol to its launchpool incubator…
Algorand boosts network speed with key protocol upgrade
Algorand’s latest protocol upgrade has cut block time from 3.8 seconds to 3.3 seconds. It is the PoS network’s largest decrease in block time by percentage and comes as blockchains…
Arbitrum-based Jimbos Protocol hacked for $7.5M, JIMBO price drops 40%
The Jimbos Protocol team acknowledged the hack and said it had contacted law enforcement. Blockchain security platform PeckShield noted the attack followed a compromise on Jimbos liquidity conversion mechanism. The…
bemo launches first liquid staking protocol on TON blockchain
bemo says DWF Labs will be the first liquidity provider to stake TON. TON holders will deposit TON on bemo and receive staked TON (stTON). Users can start staking with…
Crypto price prediction: OMG Network, Serum, Injective Protocol
Market intelligence platform Santiment says wide price performance ranges have left crypto assets split between extremely overbought and underbought categories. The price outlook for OMG Network (OMG), Serum (SRM) and…
Band Protocol (BAND) and NEM (XEM) price prediction as Bitcoin bounces to $29k
Band Protocol (BAND) price was up 16% to $1.90 as major exchanges including Binance announced support for its network upgrade. The uptick in cryptocurrency prices, with Bitcoin (BTC) price bouncing…
REN price dips after major Ren Protocol announcement
REN price fell to lows of $0.94 after Ren Protocol announced the transfer of all crypto assets to FTX debtor wallet. Ren says all assets will be sent to cold…
Crypto price prediction: HBAR, Celo, Injective Protocol
Bitcoin price had a strong performance this week as investors ignored one of the biggest cryptocurrencies news of the year. During the week, the Commodity Futures Trading Commission (CFTC) announced…