The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market. At the end of Q2 2023, layer-one blockchain Near Protocol’s (NEAR) treasury had declined to $900 million, led by a fall in the price of NEAR tokens from $1.99 to $1.38 apiece. At…
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NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East. As part of the partnership, NEAR Foundation will gain access to Alibaba Cloud’s developer ecosystem across the aforementioned regions, enabling more developers to create projects on the NEAR protocol, the company revealed in a…
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The cryptocurrency market is facing a dip so far Thursday, with many top coins experiencing losses as regulatory authorities increase their focus on the industry. Bitcoin, the leading cryptocurrency, faced a dip and briefly reached a four-week low of $22,408 before recovering to prices around $22,715. This drop comes after a strong performance in January,…
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The course exposes students to the technology underlying the industry, with hands-on experience working with Web3 tools. Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when understanding the underlying technology that powers these innovations. Joining in on the effort to spread crypto awareness,…
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NEAR is soaring on the price chart, with a 3.10% increase in the last 24 hours. Even with the bearish nature of the crypto market in 2022, the NEAR protocol started the year strong. The adverse events of 2022 pushed cryptocurrencies under the scrutiny of regulators. However, the market is slowly picking up pace this…
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Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday’s gains, cryptocurrency prices remained in the green on Wednesday, with the global market capitalization up 2.07% as of writing this. Near protocol also surged today, as prices rebounded from recent lows. Litecoin Litecoin…
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Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today. Near Protocol (NEAR) Near protocol (NEAR) dropped to its lowest…
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The hacker appears to have drained the platform of 1.1M NEAR tokens, worth an approximate $3 million dollars USD at time of publication. Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of…
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Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic (ETC) Ethereum classic (ETC) continued to…
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On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near Protocol Tether has revealed that tether (USDT) is…
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