Red Bull Signs Sponsorship Deal with Mysten Labs’ Sui Network

This multi-year partnership between the two players aims to provide immersive digital experiences and enhance fan engagement, showcasing the potential of Web3 technology in connecting people. In a recent development, Red Bull Formula One Racing team announced its multi-year partnership with Mysten Labs’ Sui Network. This comes less than a month after Sui Network went … Read more

Fahrenheit Consortium Wins Bid to Acquire Celsius Network

The deal is yet to be finalized as an initial deposit is expected within the next ten days. It is a good day for the embattled crypto lender Celsius Network as crypto consortium Fahrenheit LLC has won the bid to acquire the insolvent firm whose assets were previously valued at $2 billion. According to a … Read more

Coinbase Base Network Releases Roadmap to Mainnet Launch

Coinbase has unveiled the “Path to Mainnet” for its Ethereum Layer 2 network, Coinbase Base, outlining criteria to be fulfilled before the launch. They have revealed a five-point criteria. In the latest, crypto exchange Coinbase revealed the “Path to Mainnet” outlining the roadmap for the mainnet launch of Coinbase Base. The outline doesn’t mention the … Read more

Litecoin (LTC) on Bullish Run after Lightning Network Integration

Litecoin has been gaining some momentum since the start of the year with a focus on its next Halving event which is a few months away. Litecoin (LTC) is seeing a parabolic run through its price today as the protocol has unveiled a major milestone underpinning the network. As reported by several media today, Litecoin … Read more

BNB Chain L2 Boba Network Achieves Record Transaction Volume in April

Boba said its users on BNB Chain are saving around 80% on transaction fees by using its network. Boba Network said today its Layer-2 scaling solution had achieved mass adoption on Binance’s BNB Chain, with its transaction volume more than quadrupling in April compared to the previous month. The network’s developers revealed that Boba processed … Read more