Cryptocurrency

Uniswap Launches Unichain: Enhanced Layer-2 Blockchain for Rapid DeFi Trading

Uniswap Labs revealed on October 10th that Uniswap, the prominent decentralized exchange (DEX), has unveiled its own application-specific layer-2 blockchain network named Unichain. This innovative network, currently in the testing phase, is designed to offer accelerated and cost-effective transaction processing, along with advanced interoperability capabilities across various blockchain networks, as stated by Uniswap. As of…

Coins, wallets & tokens

Cryptocurrency Market Dynamics: Fluctuations, Bitcoin Movements, and PvP Insights

Over the past few months, the cryptocurrency market has been marked by substantial fluctuations and uncertainty. Despite a recent increase, the market capitalization remains 14% below its peak in March. In June, the total market capitalization experienced a significant 11.4% downturn, described as “brutal” in a report by Binance Research. This decline coincided with the…

Coins, wallets & tokens

Crypto Investment Inflows Surge, Hinting at Market Recovery

The inflows into digital asset investment products have set a remarkable new record, exceeding $17.8 billion year-to-date (YTD). This surge in investment suggests the potential beginning of a recovery in the cryptocurrency market. Notably, the recent record-breaking figure follows a substantial influx of $1.44 billion into cryptocurrency investment products in the last week. Based on…

Coins, wallets & tokens

TON Ecosystem Fund Launches $20M Initiative for Blockchain Innovation

The Open Network (TON) is a revolutionary platform designed to support blockchain and cryptocurrency activities within the Telegram messenger ecosystem. In an exciting development, the platform is receiving a significant boost through the establishment of the $20 million TON Ecosystem Fund. This fund is being launched in collaboration with Bitget, a prominent crypto exchange, and…