MakersPlace announces market exit, ends six years of digital art operations

Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT […]

Solv Protocol announces solvBTC. BERA to power BTC yield on Berachain

Binance-backed Bitcoin staking platform Solv Protocol has introduced the SolvBTC.BERA vault as it looks to unlock the yield-generation market on Berachain. Solv Protocol announced SolvBTC.BERA on Jan. 13, noting that the deposit vault integrates Bitcoin (BTC) holders into Berachain’s decentralized finance ecosystem. The protocol aims to provide fresh yield-generation opportunities for Bitcoin holders on Berachain, […]

Mango Markets announces shutdown after $117M hack

Mango Markets, the Solana-based DeFi platform that fell victim to a $117 million exploit in 2022, has announced its complete shutdown. The platform’s governance proposal has received unanimous approval, with 23,347,212 votes supporting the closure. The platform has set January 13, 2025, at 8 PM UTC as the deadline for users to close their positions […]

Sui announces 12 projects from its first Hydropower Accelerator Program

The Sui Foundation has published a list of twelve projects that completed its first Hydropower Accelerator program. According to a Jan. 9 announcement, the Sui Network has successfully concluded its first Hydropower Accelerator program, with the twelve graduating teams now positioned to continue building their solutions and leverage the Sui ecosystem for further development, including […]

Solana-based Sanctum announces CLOUD staking set for this month

Sanctum plans to launch staking for its governance token, CLOUD, later this month, according to an official announcement. The Solana (SOL) ecosystem liquid staking token protocol announced the upcoming support for CLOUD staking on via X, noting that the crypto service will go live this month.  Sanctum has grown to become one of Solana’s biggest […]

Blockchain company Spirit announces Dogecoin yield generation strategy

Spirit Blockchain Capital, a blockchain-focused investment firm publicly traded on the Canadian Securities Exchange, has announced a yield generation strategy targeting its Dogecoin holdings. The announcement follows Spirit’s recent acquisition of Dogecoin Portfolio Holdings Corp., a blockchain startup focused on Dogecoin (DOGE) and related assets. Dogecoin Portfolio Holdings operates independently of the meme coin’s core […]

Drift announces Season 2 airdrop for May 2025

Drift, the Solana-based on-chain trading platform, plans to offer its Season 2 airdrop in May 2025. The Drift team revealed the upcoming FUEL airdrop via a post on X, with this coming on the back of several landmark achievements for the platform in 2024. Drift launched its native token DRIFT (DRIFT) in May while FUEL […]

Bitget announces first BGB token burn, reducing supply by 40%

Bitget has unveiled a big update for its BGB token, with plans for ongoing quarterly repurchases and burns. Cryptocurrency exchange Bitget has announced updates to its Bitget Token (BGB) whitepaper, introducing new changes to its tokenomics. According to a Friday announcement, Bitget will burn 800 million BGB tokens held by the core team, representing 40% […]

Circle of Games announces partnership with Hashgraph & Nazara for web3 gaming app

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Circle of Games launches its web3-powered platform at Dubai’s Global Game Show, merging blockchain with casual gaming. Dubai, UAE – Circle of Games (COG), a trailblazer in the multi-gaming space, has officially unveiled its […]