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Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions
13.9.2024
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune...
Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options
15.8.2024
Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token...
TRUMP Coin Reaches All-Time High as Trump-Themed Cryptos See Major Gains
29.5.2024
The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge elevated the value of Donald Trump’s TRUMP coins to $8.06 million on May 29. Additionally, various Trump-related crypto assets are emerging from the woodwork...
JitoSOL launches ERC20 token on Arbitrum with Wormhole NTT
30.4.2024
JitoSOL, a network for extracting Maximum Profitable Value (MPV), is launching its ERC20 token on the Arbitrum network. Wormhole Native Token Transfers (NTT) technology will accomplish this, demonstrating JitoSOL’s unwavering innovation and progress. JitoSOL is expanding its presence...
$46.86 Million Stolen in Crypto From Scams in February: Report
11.3.2024
According to the findings, a total of over 57,000 victims fell prey to various phishing scams.
The post $46.86 Million Stolen in Crypto From Scams in February: Report appeared first on Cryptonews
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
9.3.2024
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur...
Ripple Expands To Ireland, Grayscale CEO Bullish On Bitcoin ETF, Pullix Presale Gains Traction
29.12.2023
In a series of developments, Ripple, Bitcoin, and Pullix are in the news again. While Ripple has expanded its operation to Ireland, Grayscale CEO believes spot Bitcoin ETFs will bring $30 trillion into the market. Presently, Pullix’s PLX, an ERC20 token, is in the presale stage. Getting...
Has Pepe Met Its Match? Meme Coin Catches Investor Eyes, Raising Over $600k
29.11.2023
TLDR Pepe Coin nears a market capitalization of $500 million. Stage two of NuggetRush’s presale draws to an end, raising over $600k from sales. This new meme coin is drawing investor attention with its impressive features, posing a threat to PEPE. Pepe Coin (PEPE), the meme-inspired ERC20 token...
HTX resumes withdrawal services via ERC20 Blockchain
27.11.2023
HTX has announced that it has resumed withdrawal services; however, it is restricted to selecting cryptocurrencies, including, but not limited to, LINA, HOT, FTT, MASK, and NEXO. More tokens will eventually get support for the same functionality, and HTX has said that it will make those...
HTX Resumes Bitcoin and Ether Services After $30 Million Hack
27.11.2023
Source: HTX Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million. In an announcement on Nov 26, the exchange said services have been restored for certain virtual...
Linea releases its new ERC20 token bridge for DeFi apps
23.10.2023
Linea has released its new ERC20 token bridge for DeFi applications. The announcement was made on the official X/Twitter account of Linea. According to the tweet, Linea has partnered with MetaMask, Circle, Transak, and Banxa for the bridge. Besides the bridge, the tweet also teased a limited-time...
Coinbase Debuts Paypal’s PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity
31.8.2023
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase,...
Paypal’s New Stablecoin Sparks Confusion: Wave of Counterfeit Tokens Flood Decentralized Exchanges
7.8.2023
Following the announcement by Paypal of the introduction of a novel stablecoin asset named PYUSD, a wave of counterfeit Paypal tokens has emerged on decentralized exchange (dex) platforms, including Uniswap. The absence of an official release of PYUSD’s token address by Paypal or Paxos...
HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart
2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...
Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....
Blockswap to host Multichain ERC20 side event at ETHCC
10.7.2023
Industry leaders in Ethereum are congregating at Blockswap’s MultichainERC20 event at ETHCC to discuss the most pressing topics in Ethereum. The event will introduce new protocols, further decentralizing Ethereum by empowering the user. The two main sessions are open for all to attend...
TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins
20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...
Floxypay Aims to Empower its Community Through Native Token Launch
19.6.2023
PRESS RELEASE. Floxypay, the leading one-stop solution for cryptocurrency enthusiasts, is excited to announce the launch of its native ERC20 token, FXY. As the backbone of the Floxypay ecosystem, FXY brings a new level of convenience, profitability, and security to users navigating the digital...
Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade
1.5.2023
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights...
Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues
21.4.2023
According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust...