#Ripple Wants to Bring Ethereum Smart Contracts to the #XRP Ledger

After the start of a test phase of Ripple's new XRP Ledger sidechain, users may be able to interact with #Ethereum-compatible #DApps in the future.

Users of Ripple might soon have access to #Web3 wallets like Metamask and #XUMM Wallet and decentralized programmes like #Uniswap 

The Tendermint protocol created an XRP-based, #EVM-compatible sidechain with a goal of processing 1000 #transactions per second .

India Ranks 3rd Largest WEB3.0 Workforce.

According to #NASSCOM India includes 11% of the world's #Web3.0 talent. With approximately 75,000 #blockchain professionals working in the country, India is the third-largest Web 3.0 workforce in the world according to this statistic.

450 web 3.0 #startups, including four unicorn enterprises, are based in #India. The Indian web 3.0 startups, has raised $1.3 billion in funding.

Furthermore, over 60% of startups have increased their #global presence.

🔹 Do you know BitKeep? Asia’s No.1 Largest #Web3 Multi-Chain #Crypto Wallet that supports 76+ mainnets to explore #DeFi, NFTs, DAO, and more.

🔹 Bitkeep is also an officially recommended wallet of the world’s top 30 #mainnets including Ethereum, Polygon Technology, Solana Labs, TRON DAO, BNB Chain Labs, etc.

🔹 Supports 223,500+ cryptos, 100,000+ NFTS, and 20000+ Dapps.

🔹 Till now, Bitkeep reached #volume of $500 billion in transactions and $1 bn in Users Accumulated Assets.

🔹 Trusted by more than 6 mn users in 168+ countries and is available for #Android, #iOS, and #Chrome browsers.

🔹 Bitkeep’s offerings include a #digital wallet, #DApp store, #NFT marketplace, #DEX, Swap, and launchpad.

🔹 Raised $15 mn Series A round from lead investors including Dragonfly Enviro Capital, SevenX, Matrixport, Peak Capital Limited, and KuCoin Exchange ventures.

🔹 Read More: https://www.linkedin.com/feed/update/urn:li:activity:7000815179609362432

As per CoinDesk data, Last month, private crypto startups saw a significant decline in venture capital and other investments, totaling $548 million compared to $6 billion in January 2022.

The number of transactions also declined from 166 to 62. The report reveals that most of the deals in 2023 were for early-stage companies with smaller investments.



#Crypto #Funding #DeFi #CeFi #Web3 #Investment

The #decentralized applications (Dapps) have become increasingly popular with #web3 gamers, #investors, and #crypto enthusiasts.

Among the most popular DApps at present are #DeFi applications such as decentralized exchanges (#DEXs).

By Q1 of 2022, there were almost 2.37 million daily active users of #DApps. But there's still a long way to go.

If you have not tried any Dapp yet, here’s to check out what are DApps. How they are used in daily life without revealing your identity and relying on a central authority.

Read More: https://www.linkedin.com/feed/update/urn:li:activity:7028371142390292480

GM" is a popular abbreviation used within the crypto community to greet fellow enthusiasts and start conversations.

Crypto enthusiasts often come together on platforms like Discord, Twitter, Telegram, or chat groups to share knowledge, discuss market trends, and engage in friendly exchanges.

Saying "GM" is a friendly gesture to connect with other members of the community and begin the day on a positive note.



#gm #crypto #web3 #coinpedia

#Binance, the world's largest #cryptocurrency exchange, announces a $500,000 airdrop to boost liquidity and engage users.

Participants using Binance's #Web3 Wallet can earn #crypto rewards by making swaps, fostering market participation.
https://coinpedia.org/news/binance-exchange-unveils-500000-airdrop-to-boost-web3-wallet-usage-and-liquidity/

The landscape of crypto unicorns is more dynamic than ever!

Here's a snapshot of the top 10 giants leading the charge in the blockchain and cryptocurrency space in 2023, as presented by CoinPedia.

From exchange platforms to security services, these unicorns are redefining the financial frontier with impressive valuations and substantial VC backing.



#Unicorns #Blockchain #Crypto #Web3 #Coinpedia #Funding

#ShibaInu ($SHIB) experiences a 5.5% price surge, hinting at potential short-term growth despite lower trading volume. #Crypto

SHIB's 2024 vision includes introducing Shibdentity, a human-centric digital identity system, to revolutionize #Web3 interactions.
https://coinpedia.org/news/shiba-inus-2024-vision-unveiling-shibdentity-whats-new/

Analog's recent fundraising round valued it at $120 million, attracting notable #Web3 and #crypto #investors.

Investors include Orange DAO, Near, Benqi Finance, Tribe Capital, NGC Ventures, Balaji Srinivasan, and others.
https://coinpedia.org/news/web3-platform-analog-raises-16m-in-funding-to-foster-cross-chain-communication/

Crypto Market Weekly Report !!

"Dive into the latest #Web3, #Blockchain, and #Crypto trends this week! 🚀 From major legal moves and groundbreaking NFT marketplaces to significant crypto market shifts.

Stay ahead with our comprehensive analysis on developments shaping the future of decentralised technology. #DeFi #NFT #CryptoNews"

https://coinpedia.org/research-report/weekly-crypto-news-and-market-insights-major-movements-and-milestones/

#Web3 game #Munchables on Blast layer-2 platform suffered #cyberattack, losing $62.5 million, with hacker returning funds. #Crypto

Speculation links North Korean group to attack; Munchables employee collaborated, returned funds; recovery efforts ongoing.
https://coinpedia.org/news/munchables-faces-62-5-million-cyberattack-surprisingly-hacker-returns-all-the-stolen-funds/

Dive into the latest crypto trends and news with this insightful weekly review!

Stay updated on the ever-evolving world of blockchain and cryptocurrency

#cryptocurrencies #BlockchainInnovation #Web3

https://coinpedia.org/research-report/top-crypto-news-this-week-the-latest-trends-in-crypto-and-blockchain-weekly-crypto-review/