The interim constitution will be put to the test and used to manage governance development. The community will be introduced to Delegate Representatives (DReps) after the hard fork. In a recent announcement, Frederik Gregaard, CEO of the Cardano Foundation, revealed Cardano’s interim constitution. As far as the Cardano community is concerned, this is a huge step towards decentralization of governance. Transparency, accountability, and responsible management are some of the fundamental values that will be included in the interim constitution. Each ADA owner should be able to take part in sha ..read more

Dimon reiterated his belief that Bitcoin is a Ponzi scheme rather than a real currency.  The CEO drew a parallel between investing in Bitcoin and smoking cigarettes earlier. Jamie Dimon, CEO of JPMorgan, remains a formidable adversary to Bitcoin. According to Dimon, it is not a real currency but rather a swindle. Dimon admitted his skepticism about the veracity and practicality of digital currencies like Bitcoin during a recent interview with Bloomberg TV. He reiterated his belief that Bitcoin is a Ponzi scheme rather than a real currency. The massive fluctuations in the cryptocurrency ..read more

Ripple (XRP) investors are holding firm despite price declines, supported by increasing Mean Coin Age (MCA) that indicates less selling. XRP has stabilized at $0.48, avoiding a further drop to $0.42, and is now close to the crucial $0.60 level. If XRP maintains the $0.47 support, it could see a rise towards $0.60, but a break below this level may result in further losses. Ripple (XRP) holders have demonstrated remarkable resilience in the face of recent price declines. As the asset exhibits muted performance, through a period of market turbulence, investors have exhibited a steadfast commit ..read more

Polkadot faces challenges with low risk-adjusted returns, evident from its negative Sharpe Ratio, deterring investor interest. Decreasing participation in the futures market indicates waning investor confidence and potential further price drops. Polkadot risks further decline if it doesn’t stabilize or improve its market appeal, with a critical support at $6.3. Polkadot (DOT) has found itself grappling with a significant challenge – attracting and retaining investor interest. As the digital asset seeks to recover from recent price declines, the lack of attractive risk-adjusted returns and d ..read more

The world’s biggest cryptocurrency exchange by trading volume, Binance, the leading global blockchain ecosystem, announced the launch of ‘Megadrop’ today. Transparent incentives are offered to qualified participants on this groundbreaking token launch platform. Megadrop, which is now available on the global exchange, is a further demonstration of Binance’s commitment to leading the way in developing novel methods that improve user experiences and encourage more active participation in the dynamic cryptocurrency ecosystem. With Megadrop, Binance users may get tokens from certain Web3 ..read more

The cryptocurrency industry has become a hub of innovations, with various crypto projects seeking ways to advance their investment appeal. Amid this, BlockDAG stands out with a remarkable $18.2 million raised in its latest presale, showing a potential market upheaval among emerging cryptos such as Algotech and Kelexo. This substantial financial influx is set to escalate the BDAG coin from $0.005 to $0.006, marking a strategic advancement against its contemporaries. While Algotech leverages automated trading systems to allure investors, and Kelexo revolutionises peer-to-peer lending via blockc ..read more

Grand Cayman, Cayman Islands, April 18th, 2024, Chainwire The annual event is a culmination of Sui’s exceptional debut Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference. At its first-ever annual event held during Paris Blockchain Week, Sui was feted by developers and builders from around the world during a two-day event. Speakers at Sui Basecamp spanned all aspects of the industry from payments to gaming to e-commerce to major league sports ..read more

Yuga Labs has sold the IP for two of its games, HV-MTL and Legends of the Mara. Its flagship BAYC collection is one of the most severely affected top NFT collections. As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (BAYC), has sold the IP for two of its games, HV-MTL and Legends of the Mara. In a post made to X on April 17, Yuga Labs stated that the IP had been bought by Web3 gaming studio Faraway. They also said that Faraway’s new chief product officer, Spencer Tucker, would be joining the company to maintain cons ..read more

At this time, the scheduled time for the halving is April 20 at 4:00 am UTC.  Cyprus, Nigeria, the Netherlands, and Switzerland are the ones most interested. Google searches related to the Bitcoin halving have reached an all-time high, with forecasts indicating that they will be more than twice as popular as the last halving in 2020. If Google Trends is to be believed, the phrase “Bitcoin halving” will reach an anticipated score of 100 by the month’s conclusion, up from 45 at the beginning of the month. A rating of 100 indicates the term’s “peak popularity” according to Google Trends ..read more

Dubai, UAE, April 18th, 2024, Chainwire SeedHunter is a dedicated platform that facilitates and fosters collaborations between influencers and crypto projects to gain traction in the web3 community. The company has a new and fresh perspective on how to match high-potential influencers and KOLs with respective crypto projects and investors in a lucrative, scalable, and secure way.   SeedHunter launched on April 18th 2024, its debut service: The Marketing Module. This is a platform that allows crypto projects to manage and maintain their influencer marketing campaigns more efficiently ..read more