Tag: Launch

Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch

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Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as Base’s “official” release date. The team will award over 100 Ether (ETH), worth approximately $184,000, in grants to developers and content creators as part of a month-long launch event called the “Onchain Summer.” Base is now open for bridging Base opens for everything on August 9 We’re helping throw an…

Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part?

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According to a recent report by Semafor, the company formerly known as Twitter (X) is making waves yet again, as it seeks to transform itself into a financial data giant by building a trading hub within its app. Will Dogecoin take the center of the stage? Elon Musk’s X Set To Disrupt Traditional Trading Platforms? In a request for plans viewed by Semafor and individuals familiar with the matter, the company outlined its vision for integrating financial content, real-time stock data, and other features into its platform.  The request emphasizes…

Shiba Inu Notches New Adoption Record In Anticipation Of Shibarium Launch

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Shiba Inu (SHIB) has been garnering attention in recent weeks, with its price showing a good recovery after reaching a yearly low in June. This coincides with the excitement around the upcoming launch of Shibarium, a layer-2 blockchain network for the second-largest meme token. It appears that the forthcoming Shibarium launch has propelled SHIB to a significant milestone, as the number of addresses holding the token has hit a new all-time record.  Shiba Inu Sets New All-Time High In Addresses Data from IntoTheBlock reveals that the number of SHIB addresses…

Whale Activity Spikes As Shiba Inu Preps For Shibarium Launch

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Shiba Inu, a cryptocurrency that originated as a meme but has now solidified its market presence, is making waves with the ‘Shibarium’ launch on the horizon. Data from IntoTheBlock reveals that the crypto’s whales – entities holding large quantities – have shifted billions of SHIB tokens in the past 24 hours. This vast movement of funds coincides with an increase in Shiba Inu’s large transaction volume, reaching roughly 1.13 trillion SHIB. It appears that large-scale investors are making their moves in anticipation of the cryptocurrency’s next big announcement, which is likely…

Bitcoin Ordinals team launch non-profit to grow protocol development

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A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol. The California-based nonprofit called the Open Ordinals Institute will bolster the Ordinals protocol by providing funding to the team’s core developers, which includes the project’s pseudonymous lead maintainer Raph. In total, four team members will serve on the board of the new nonprofit; Raph, Bitcoin-focused podcast host Erin Redwing an anonymous Ordinals developer known as Ordinally and Ordinals creator Casey Rodarmor. The Ordinals protocol…

Over $28 Million In SHIB Withdrawn From Exchanges Ahead Of Shibarium Launch

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The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have been withdrawn from major crypto exchanges in the just concluded month of July.  Massive Withdrawals Signal Investor Interest in Shibarium According to data shared on Twitter by crypto analyst Ali Martinez, backed up by on-chain chart data from IntoTheBlock, around 3.30 trillion SHIB were withdrawn from known crypto exchanges in July, the highest SHIB withdrawal…

Meta to launch AI chatbots with personalities to retain users: Report

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Meta, the parent company of Facebook and Instagram, plans to release artificial intelligence (AI) chatbots with human-like personalities as it focuses on user retention efforts, according to a report from the Financial Times.  On Aug. 1 the FT reported that people close to the matter said prototypes of the chatbots have been underway with the final products being able to hold discussions with users at a human level. The range of chatbots will be able to display different personalities and are expected to be released as early as next month,…

Pond0X token launch snafu leads to millions of dollars in losses

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The launch of memecoin Pond0x has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestro trading app shows that the Pond0x (PNDX) token reached a price of $0.36 before collapsing to near zero in a span of five minutes. Maestro chart of PNDX/USD during its launch. Source: Maestro The launch of Pond0x was announced on July 28 by “Pauly,” the pseudonymous founder of Not Larva Labs who is known only by his Twitter username. Not Larva Labs…