Bitcoin Cash has surprised everyone with $BCH’s strong rally in a bearish September. Elsewhere, the Uniswap community is expecting big things as they prepare to vote on a new $62 million request. Another project that leaves no doubt in investors’ minds is BorroeFinance ($ROE).  BorroeFinance presale has already sold over 100 million tokens. So, the question is, can $ROE become a top ICO project in 2023? More so, what can you expect on $BCH and $UNI this year? Well, let’s…

Yuga Labs restructures to prioritize “Otherside,” its metaverse project. CEO Alegre highlights the importance of Otherside in Yuga Labs’ strategy. The restructuring aims to secure Yuga Labs’ long-term success, focusing on employee welfare. In a strategic move to adapt to the rapidly evolving landscape of non-fungible tokens (NFTs) and the metaverse, Yuga Labs, the creative force behind the widely popular Bored Ape Yacht Club (BAYC) NFTs, has successfully completed a comprehensive restructuring. The company, led by CEO Daniel Alegre, is…

Lido DAO sunsets Solana project due to financial issues, backed by 92% community vote. P2P team considered $1.5M funding or Solana exit due to $484,000 losses. Solana staking to be halted by February 2024. In a decisive move, Lido DAO has chosen to sunset the Lido on Solana project, following a resounding community vote in favour of this course of action. The decision has been attributed to the project’s financial constraints, leaving it unsustainable. Following the move, the value of…

Binance Coin gave up all the 2023 gains and some more The bearish momentum is set to continue All hopes are on Bitcoin and a reversal of the US dollar’s strength The US dollar makes victims in the cryptocurrency market. One example is the Binance Coin or BNB.  It gave up all its 2023 gains and some more, and the perspective remains bearish.  The chart below tells much about what 2023 meant for the BNB/USD rate. It all started with…

CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved. The report also forecasts that $1 trillion could be added to the entire crypto market. The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption. In a recent report, data analytics firm CryptoQuant revealed compelling insights into the potential impact of Bitcoin spot exchange-traded funds (ETFs) on the cryptocurrency market. The report suggests that, if approved, these…

ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the $29,000 level on Tuesday. All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday. MiCA will take time to be implemented Earlier this year, the European Union approved an extensive set of regulations for crypto assets that it’s calling Markets in Crypto-Assets Regulation. On Tuesday, however,…

Fantom Foundation director Andre Cronje reportedly confirmed that an employee lost $7 million worth of crypto to a phishing attack. However, all Fantom Foundation funds were safe. FTM price did fall following the news. A Fantom Foundation employee has lost $7 million worth of crypto after a phishing attack on their personal wallet. The exploit did not affect user funds or those of the Fantom Foundation, co-founder and architect Andre Cronje said in a statement quoted by The Block. Earlier…

BNB Greenfield is a decentralised data storage network that offers fast uploads and downloads. Its mainnet release marks a new era for Web3 data ownership, the BNB Chain team said in an announcement. BNB Chain has launched mainnet for Greenfield, a decentralised data storage network natively bridged to the BNB Smart Chain (BSC). Binance’s BNB Chain is an ecosystem of several decentralised blockchains, including the staking and governance layer BNB Beacon Chain and the EVM-compatible BNB Smart Chain (BSC). Recently…

Apecoin price was up on Tuesday, trading more than 6% up at the time of writing. The price gain comes amid increased APE purchases by a whale since August. APE could break above a key technical hurdle if bullish sentiment continues. The price of Apecoin (APE) was up 6% on Tuesday afternoon as Bitcoin held above $28k following the volatility witnessed in the crypto market on Monday. Despite a slowdown for several altcoins, APE price hovered above $1.12, with buyers…

Scroll is an open-source Ethereum L2 rollup leveraging zero-knowledge proofs. The network offers increased speed and lower fees for developers. Scroll, an Ethereum layer 2 zkEVM-powered network, has announced that its mainnet is now officially live. The announcement comes after the zkEVM appeared to have quietly launched on mainnet a few days ago. The L2 solution was founded in 2021 by Ethereum enthusiasts and developers and focused on advancing zero-knowledge proofs on the leading proof-of-stake blockchain.  After more than two…