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UK’s crypto manifesto to lead in fintech, online assets & tokenization
14.6.2024
UK has come out with its Stand with Crypto manifesto, suggesting the island country to be projected as a top player in fintech, online assets, and tokenization for increasing investments, impacting productivity, as well as overall growth and the UK economy in general. This is taking place at...
Shiba Inu makes history as first meme coin for Web3 food delivery
14.6.2024
The Shiba Inu community has been in awe from the time the members learned that they could leverage their holdings to pay for Web3 food delivery. The first order has already been placed and settled using SHIB. The order was placed via DevourGO with the mechanism backed by Coinbase Commerce...
Concerns remain over buying Bitcoin amid fear of inflation elevation
14.6.2024
The demand for Bitcoin via Spot ETF is fluctuating. This stems from the fear of inflation elevation despite the number indicating a soft decline in May 2024. The inflation figure for the US in May stands at 3.3%. Economic projections estimate that the number may go further down but the pace will...
Solana introduces its scaled version of Solana Pay for Shopify
14.6.2024
Solana has delivered its scaled version of Solana Pay plugin, boosted by Helio and targeting Shopify, with added features for more convenient processing of payments. Over and above that, is the introduction of attractive loyalty schemes, along with a simplified way of connecting with one’s Shopify...
Fortune 100 companies set record high in blockchain and crypto initiatives in Q1 2024
13.6.2024
Fortune 100 companies have stepped up their involvement in cryptocurrency, blockchain, and web3 initiatives by 39% from the corresponding period of last year in the first three months of 2024. This increase signifies a new record in corporate participation that enhances these advanced technologies....
Shiba Inu poised for major bull run, predicts crypto analyst Coach K
13.6.2024
A recent survey on social media platform X revealed that Coach K, a cryptocurrency expert and technical analyst based in Bangkok, expects a bright future for Shiba Inu (SHIB). This meme coin is anticipated to begin a major uptrend soon. This forecast comes at a crucial time for SHIB since...
Terraform Labs settles SEC charges for $4.47B
13.6.2024
One of the biggest collapses in the history of cryptocurrency is finally ending, and Terraform Labs is willing to pay the SEC $4.47 billion. The SEC requested a federal judge in the Southern District of New York to accept the settlement. The new development comes two months after a judicial...
Curve Token Falls 20% As Founder Faces Liquidation
13.6.2024
The news about Michael Egorov, the founder of Curve.fi’s Decentralized Finance platform, going bankrupt has dramatically impacted the cryptocurrency markets. This event, in particular, is directly attributable to the CRV token due to Egorov’s non-payment of his $27 million debt. Therefore, there...
zkSync faces criticisms for anti-Sybil measures in token distribution
13.6.2024
zkSync is attracting criticism from across the industry. Many are saying that the layer-2 scaling solution based on Ethereum lacked sufficient measures against Sybil attacks. Allegations have come at a time when zkSync has its focus on token airdrop. The allegation is that while it has listed seven...
Toncoin (TON) eyes $10 after hitting a new ATH
13.6.2024
Toncoin recently breached the milestone of $7.64, which has triggered speculation about a new level of $10. While a tentative timeline has not been drawn, it is expected to happen anytime soon. Two important factors—the golden cross pattern and the growth of the network—support this. TON’s...
Bitcoin and altcoins react to FED’s rate decision: Latest data on liquidations
13.6.2024
Bitcoin, the poster child of decentralization, is always on the radar of centralized institutions. Despite its decentralized nature, BTC price movements are affected by regulatory changes, affecting the Altcoins that are heavily dependent on Bitcoin. Clarity in regulatory news can often increase...
IO.NET ($IO) soars 47% in 24 hours after Binance listing
13.6.2024
IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th. Investors gained 47% in only 24 hours. On June...
Zimbabwe seeks public input to shape crypto regulations
12.6.2024
In a news release by Bloomberg, Zimbabwe has declared its agenda to embark on consultation on the functioning of cryptoassets. This move comes when the government puts measures to regulate this sector. In a statement published in the state-owned Herald Newspaper, all players in the cryptocurrency...
Burn rate of Shiba Inu (SHIB) soars to more than 3000%
12.6.2024
The burn rate of Shiba Inu has surpassed 3000% as of June 12, 2024. The 24-hour duration saw more than 232 million SHIB tokens being incinerated. Shibburn’s data revealed that the burn rate was up by 3010.53% to eliminate 232.64 million tokens. The move positively influences the price of $SHIB...
MEW places itself as a competitor for SHIB and DOGE
12.6.2024
Dubbed as cat in a dog’s world, the MEW token is poised to eventually dethrone the likes of Shiba Inu ($SHIB) and Dogecoin ($DOGE). The Solana cat meme coin has established itself as a competitor based on its characters, supporting characters, and storyline. The community believes that dog-themed...
Artificial Superintelligence Alliance postpones token merger to July
12.6.2024
The Artificial Superintelligence Alliance, which includes SingularityNET, Fetch.ai, and the Ocean Protocol, is currently in the formation of the ASA. It has declared a new date for the ASI token merger. The date has been changed from June 13, 2024, to July 15, 2024, as a result of technological...
Iggy Azalea’s MOTHER meme coin opens Pandora’s Box, Ethereum founder joins the conversation
12.6.2024
Iggy Azalea, a top celebrity Australian rapper and founder of the viral meme coin Mother Iggy (MOTHER), which rallied 1000x, is reported to have opened Pandora’s Box after challenging Ethereum (ETH) founder Vitalik Buterin on the X platform over personal financial gains from transaction fees...
Crypto market witnesses 270.4M selloff in the form of liquidations
12.6.2024
Bitcoin, the largest cryptocurrency by market cap, showed a downward trajectory very recently. Ethereum also showed a similar trend, and the selloff resulted in around $270.4 million liquidation. Binance is the top crypto exchange that featured $99.7 million in total liquidations, and the GMCI...
Floki announces expansion in Vietnam
12.6.2024
Floki has announced its expansion into the Southeast Asian market via Vietnam. It will be a strategic move to undertake a marketing campaign and establish its presence in the region. Floki is starting the campaign in Ho Chi Minh City on June 17, 2024. It will last five weeks to reach the most...
Memecoin face-off: PEPE, DOGE, or BEFE for June investments?
12.6.2024
The wild world of cryptocurrency is still crazy about the ascent of memecoins. However, with so many memecoins flooding the market, which ones have the potential for June 2024? Below, we explore three popular prospects, i.e., PEPE, DOGE, and BEFE. PEPE vs. DOGE vs. BEFE PEPE Coin PEPE remains...