Author: cointechies

Hamster Kombat, the popular tap-to-earn game hosted on Telegram, has announced its decision to deploy a Layer 2 network on The Open Network (TON). This move comes after the game’s DAO community voted to create a dedicated blockchain to improve the utility of its native token HMSTR. The upcoming blockchain, expected to be called Hamster Network, will serve as the cornerstone of a broader ecosystem called the Hamsterverse. The development team has revealed that work on this network is already underway. They plan to present the DAO with a detailed roadmap and strategic plan in the coming weeks outlining how…

AssetLink RWA DePIN AI, a well-known name in real-world asset tokenization (RWA) and decentralized physical infrastructure networks (DePIN), has announced a strategic partnership with Kima Network. The aim of this collaboration is to improve the blockchain industry’s approach to RWA tokenization and optimize cross-chain transactions. Kima Network brings its advanced cross-chain payments infrastructure to the partnership, enabling seamless trading of stablecoins such as USDT and USDC across major blockchains including Ethereum, BSC, Polygon and Solana. This innovation eliminates the need for wrapped tokens or complex processes, streamlining transactions and ensuring smooth interoperability between chains. The secure and user-friendly transaction framework…

HPL Games, a blockchain-driven gaming project, has announced the presale of its HPL tokens as part of its preparations for the game’s release in 2025. The presale is focused on raising $100,000, which will serve as initial funding to kick-start development and build the token ecosystem that underpins the project. Founded in 2024, HPL Games aims to revolutionize mobile gaming by integrating blockchain technology into its core structure. The project aims to provide an immersive gaming experience based on blockchain-powered in-game currencies, providing players with transparency, security and increased engagement. Flexible and rewarding in-game economy At the center of the…

Mr. Xoom, a well-known market analyst, believes that the ongoing XRP decline will culminate in the completion of Elliott Wave 4. He mentioned this in a recent analysis amid the ongoing market slump. It’s worth noting that despite occasional recovery efforts, the broader crypto market was in a bearish phase for most of December. XRP is one of the victims of this turmoil and cannot overcome it the price level of $2 since I got it back on December 1st for the first time in seven years. After hitting a high of $2.9 on December 3, it suffered a decline…

Pi Network, a fast-growing blockchain platform, has announced a major development in preparation for the Open Network launch scheduled for the first quarter of 2025. The team has made mainnet Pi apps accessible via the ecosystem interface in the Pi browser. The interface currently includes 20 initial Pi apps, with plans to add more over time. This interface now makes mainnet Pi apps accessible to pioneers, giving them real-world utilities and ways to transact with Pi. This new feature makes Mainnet Pi apps accessible to pioneers and marks a significant step in the platform’s evolution. Source: X The first group…

America’s largest banks are poised to secure their largest share of the banking industry’s profits in nearly a decade after an explosive rise. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – the four largest banks in the US – posted combined profits of $88 billion in the first nine months of the year, the Financial Times reports, using figures from BankRegData. The banking giants now account for 44% of all industry profits, and when you combine the Big Four with US Bank, PNC and Truist – the next largest banks – the seven institutions generate 56% of all…

Solana prices have fallen sharply since November 22nd. getty Solana prices have suffered some notable declines recently, falling more than 30% since hitting an all-time high in late November. According to Coinbase data from TradingView, SOL, the high-throughput native token of the Solana platform, approached $175.00 on December 20. At that point, the digital currency had fallen about 32% since hitting an all-time high of more than $257.00 on November 22, according to additional Coinbase figures from TradingView. The cryptocurrency has since recovered somewhat, but has failed to regain most of the ground lost since late November and is trading…

A crypto exchange token is bucking this week’s market-wide downtrend, surging nearly 30%. Trading at $7.37 at the time of writing, Bitget Token (BGB) is up nearly 28% in the last 24 hours and more than 70% over the past week. BGB’s gains came in part when it was revealed that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th crypto asset by market cap, is down more than 4% in the past day but is up nearly 45% in the past week. The Bitget merger will unite both tokens…

New data from cybersecurity firm Hacken shows that $1.7 billion worth of crypto assets were lost due to private key theft in 2024. In its 2024 Web3 Security Report, Hacken says crypto private key theft remains the “biggest” threat to crypto investors. According to Hacken, the number of smart contract exploits pales in comparison to how often private crypto keys are stolen. “In 2024, access control exploits – which are closely linked to private key compromise – accounted for the majority of total crypto hack losses, up from 50% in 2023. That’s nearly equivalent to a loss at Web3, up…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. As Bitcoin eyes $150,000, these five altcoins are preparing for massive gains. As the end of the year approaches, the excitement in the world of cryptocurrencies increases. Bitcoin is aiming for historic price levels and several lesser-known coins are showing signs of massive growth. This article analyzes five altcoins that are seeing notable gains and could attract the attention of investors looking for the next big opportunity. DOGEN Sees 333% Surge, Targets 500% Through TGE DOGEN, an emerging meme…