Explosive 6-Week Growth Sees Base Hit New Milestone
Coinbase’s layer 2 scaling solution, called Base, has seem a meteoric rise in popularity recently. In just six short weeks since its
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growth
NFT Platform ImmutableX’s IMX Token Surges 35% With Upbit Leading Volume Growth
The price rally is accompanied by over 22% increase in the 24-hour global trading volume to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity, followed by Binance's IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume,
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Ethereum Layer 2 Economics and the Path to Scalable Growth
Of course, this process is still very nascent. And there are additional layers of the tech stack to monitor as well – such as the application layer, Eigen Layer (restaking and “security as a service”), data availability (Celestia), data oracles, etc. Source
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Pinterest Reports 6% Revenue Growth in Q2 2023, PINS Shares Gain Over 3%
For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million. Pinterest Inc (NYSE: PINS) shares closed Tuesday trading at $26.21, up 3.19 percent from the day’s opening price. The sudden gains in the photo-sharing social media platform Pinterest
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Chinese Venture Capital Firms Record Slower Growth in H1 2023
The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn. The Chinese startup ecosystem, once a hotbed for innovation and home to tech giants like ByteDance and Didi Chuxing Technology Co Ltd, has recorded a slower growth rate in
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Cardano expands, investors eye Domini.art’s growth
Cardano’s scaling solutions and proof-of-stake approach serve as a model for projects aiming for long-term stability and success. The crypto market, which has been moving sideways for the better part of August and September, is now recovering and Cardano’s ADA seems to be riding this wave. Similarly, Domini.art (DOMI), a project
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Zara Owner Inditex Posts Record Profits, Positions for More Growth
Currently, Inditex has outlets in about 213 countries globally and only a low market share in many of them. Consequently, the company notes it has strong growth potential in many countries where it has an office. Fast fashion company Inditex has posted a net profit of $2.7 billion for the six
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NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of "personal growth bets."According to the duo, personal growth bets are single-party contracts that people
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Crypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem Growth
Bitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate. Source
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Bitcoin Price (BTC) Bull Run Requires M2 Money Supply Growth in Addition to Halving
Traders, however, should note that previous halvings did not necessarily catalyze bull runs single-handedly. Macro likely also played a significant role, mainly in the form of abundant fiat liquidity conditions, according to data tracked by MacroMicro. Source
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