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Ethereum Gas Fees Surge to 8-Month High As ERC-404 Tokens Take Off


Gas fees on the Ethereum network have soared to levels not seen since March 2023, driven by the growing interest in a new experimental token standard known as ERC-404. Ethereum Gas Fees Reach Peak Levels On February 9, Ethereum gas prices soared to an average peak of 70 gwei, equivalent to $60...

78% of Institutional Traders Have No Interest In Crypto: JP Morgan


New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...

Dogechain’s Impact: Can it Propel Dogecoin to New Heights in 2024?


Dogecoin, the OG meme coin, is one of the most popular crypto assets on the market. The coin is ranked 11th among the cryptocurrencies based on market cap alone. DOGE entered the market in 2013 as a satirical jab at Bitcoin in its early days. However, the coin has since established a loyal...

Ethereum NFT volume inching closer to a new annual peak


This past week, Ethereum witnessed the biggest volume of NFT trades since late February of last year. Pudgy Penguins’ restoration of the Bored Ape Yacht Club is what caused the increase in NFT trading on Ethereum. This NFT assortment ranks second, according to the organization, with regard...

London-Based Wine Platform Curated Ventures into the Metaverse


Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...

PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited


The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit in a social media post. Security...

New Zealand Central Bank Governor Issues Warning Against Stablecoins


New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...

$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger


As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process. Meanwhile, Galaxy...

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