Web3 interoperability highlighted in Radix – LayerZero partnership

Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure and provides a seamless user experience.  Radix, a Layer-1 protocol, has partnered with LayerZero, an interoperability protocol, to integrate LayerZero with the Radix Babylon public network. The integration encourages cross-chain communication and asset transfers to the Radix ecosystem, benefitting both platforms and their users. Web3 interoperability refers […]

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Founder of collapsed crypto exchange Thodex detained in Turkey

The saga of the Turkish cryptocurrency exchange Thodex continues, with the founder being finally brought back home in two years after the platform halted trading. Faruk Fatih Ozer, founder and former CEO of Thodex, has been extradited from Albania to Turkey, Cointelegraph Turkey reported. Facing charges of fraud and money laundering, the local police immediately detained the 27-year-old upon his […]

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Russian Foreign Minister Sergey Lavrov Explains 'Multipolar' World View in Brazil – Economics Bitcoin News

Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia. Russian Foreign Minister Sergey Lavrov […]

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Cardano Up 4% Amid Losses – Will Investors Hold Firm?

Cardano and its ADA coin’s steady ascent in the crypto market has proven to be nothing short of remarkable, as the digital asset continues to maintain a bullish trend on higher timeframe charts.  Despite a recent 3.60% slump in prices within the past 24 hours, ADA has still managed to sustain a seven-day rally of 4%, according to CoinMarketCap at […]

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Subway-themed trading bot makes millions using ‘sandwich’ attacks

An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins. The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth” made $950,000 from the sandwich attacks on April 18 and profited about $300,000 and $400,000 on April 17 […]

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Bitcoin Shrimp Supply Continues To Rise, Why This Is Good

On-chain data shows the Bitcoin shrimp supply has continued to rise recently, which can be positive for the BTC ecosystem. Bitcoin Shrimps Now Hold 6.7% Of The Entire Circulating Supply According to data from the on-chain analytics firm Glassnode, the BTC shrimps have added 1.78% of the cryptocurrency’s supply to their holdings since the LUNA crash last year. The relevant […]

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Cardano's Impressive Fundamentals Fuel Speculation for ADA Reaching $1 Price Milestone

After a relatively strong quarter, Cardano (ADA) has continued to signal explosive growth thanks to impressive fundamentals over the past quarter.  Last week, the 7th largest cryptocurrency by market capitalization managed to close above a key psychological resistance zone that could embolden bulls for the better part of the remaining year. Generally, ADA has surged over 70% since tapping a […]

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Metacade To List On CEX, BitMart, Opening Up Trading To 9 Million Users

London, UK, April 19th, 2023, Chainwire After selling out their $16.4m presale, Metacade is now set to list its token MCADE on the well-known centralized exchange BitMart, which boasts over 9 million users. The listing is scheduled for Friday, 20th April, 9 am UTC, at which point registered users of BitMart will be able to buy, sell & trade MCADE tokens. Metacade has seen […]

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Swaap Closes $4.5M Seed Round and Announces Upcoming v2 Launch

Paris, France, April 19th, 2023, Chainwire Swaap Labs, the company building Swaap, has successfully secured over $4.5 million in seed funding. Swaap builds the Next-Generation Market Making Protocol that leverages a combination of oracles and dynamic spread for sustainable yields and reduces trading costs. Its unique approach aims to offer liquidity providers (LPs) passive and profitable market-making strategies, addressing the critical […]

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