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Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration

NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.

NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline

NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline

According to Mesari, NEAR Protocol, a leading smart contract platform, demonstrated resilience and growth in Q2 2023, despite being listed in the SEC's complaint against Coinbase. The platform's financial and network fundamentals remained stable, with strategic partnerships and grassroots initiatives driving user adoption.

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL

Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.

Near Protocol Raises $350m in Funding Led by Tiger Global

Near Protocol Raises $350m in Funding Led by Tiger Global

Near Protocol, a layer-1 blockchain network has pulled massive funds from investors cutting across both the traditional finance and crypto industries.

SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos

SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos

In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities.

USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September

USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September

Circle, the creator of USDC stablecoin, is expanding its reach to six new blockchain ecosystems, including Base, Cosmos via Noble, NEAR, Optimism, and Polkadot, solidifying its market leadership.

DeFi Protocol Ref Finance Completes $4.8M Financing Led by Jump Crypto

DeFi Protocol Ref Finance Completes $4.8M Financing Led by Jump Crypto

NEAR's blockchain ecological DeFi project- Ref Finance announced the completion of $4.8 million financings led by Jump Crypto.

NEAR Protocol Potential Unveiled by Open Forest Protocol

NEAR Protocol Potential Unveiled by Open Forest Protocol

Open Forest Protocol's (OFP) leaked pitch deck on Reddit reveals its aim to transform the $2 billion voluntary carbon market, projected to reach $50 billion by 2050. OFP, on the NEAR Protocol, showcases advantages over traditional carbon credit methods. With a robust project pipeline and potential major partnerships, OFP is poised to significantly influence NEAR's growth and decentralized finance (DeFi) markets.

Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price

Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price

Bitcoin ultimately has a total supply of 21 million coins, some of which has not been mined yet; considering lost coins, the actual supply is way fewer.

Polkadot Becomes Fourth-Largest Crypto by Market Cap, Dethroning Ripple's XRP

Polkadot Becomes Fourth-Largest Crypto by Market Cap, Dethroning Ripple's XRP

XRP’s woes continue, as its recovery on the cryptocurrency market seems unattainable in the near future.

Blockchain Delivers a Glimpse of Future Innovation Today

Blockchain Delivers a Glimpse of Future Innovation Today

A brief look at how the energy market and consumers will benefit from blockchain technology in the near future.

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