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“# CoinMarketCap to integrate crypto price data into Presearch ” Crypto data provider CoinMarketCap continues expanding its reach by integrating its crypto price data into Presearch, a major decentralized search engine. CoinMarketCap has partnered with Presearch to provide its data feeds to the search engine, allowing users to see CoinMarketCap price data directly on Presearch,…
“# Likes out: Facebook blackout sparks ideas for Web 3.0 ” Facebook’s conglomerate of social applications, including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the…
“# Bitcoin moves past $49K as Facebook, Instagram, and WhatsApp go down ” Major social media and communication platforms Facebook, Instagram, and WhatsApp went offline Monday as the price of Bitcoin and other cryptocurrencies surged. As data from Cointelegraph Markets Pro shows, the Bitcoin (BTC) price moved above $49,000 after falling to a daily low…
“# Building a better stock market: Tokenized shares bridge trading gap on blockchain ” The dramatic short squeeze of the stock of video game retailer GameStop this January was the moment when r/WallStreetBets finally transformed from a humble Reddit forum into a financial force that can no longer be ignored. But lost among the memes,…
“# Private distributed ledger technology or public blockchain? ” Some people think that permissioned distributed ledger technology can perform better than open blockchain because it is tweaked to address the issues of the latter. Such systems are also called “permissioned blockchain,” as if blockchain is a high-level concept and “permissioned” is one of its variants….
“# DeFi and DEX volumes soar amid China’s crypto ban and ongoing US regulation ” Last week China’s heavy-handed crackdown on crypto trading crypto briefly sent shockwaves across the market as Bitcoin and altcoin prices saw a sharp drop following the announcement, but as is the case with all things crypto-related, the market bounced back…
“# Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution ” High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels…
“# DYDX gains 80% in a week — What’s driving the DEX token rally? ” Decentralized exchange dYdX’s native token DYDX surged by nearly 80% this week as traders assessed its potential against China’s recent ban on crypto transactions. The DYDX price hit a new high of $26.50 on the FTX exchange after trading at…
“# Social token provider Roll raises $10M to tokenize online interaction ” Social token infrastructure provider Roll raised $10 million in Series A funding, bringing the company’s total funds raised to $12.7 million to help creators tokenize their interactions with communities. Led by IOSG Ventures, the funding round saw participation from Animoca Brands, Alchemy, Huobi…
“# Facebook announces $50M investment fund tasked with developing its virtual metaverse ” Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap for building its metaverse, with the funding slated to back…