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Biggest Movers: SHIB Nears 6-Month Low, Whilst LTC Drops by 4% on Wednesday
31.5.2023
Shiba inu moved closer to a six-month low on Wednesday, as sentiment in cryptocurrency markets shifted bearish. Litecoin was another notable token to fall, slipping by over 4% today. The global market cap is currently down by over 2% at the time of writing. Shiba Inu (SHIB) Shiba inu (SHIB) fell...
Doge Rush is a Meme Coin You Can’t Miss Out on - Presale Raises Over $300K Already
31.5.2023
Investors are always on the lookout for the next big meme coins that are gaining popularity. Even if they have missed out on tokens that have already experienced a significant surge, the market consistently offers promising opportunities. By identifying the right one, your investment portfolio...
Coinbase CEO Criticizes US Lawmakers, Regulators Over Regulatory Approach, Warns of Upcoming Innovation in China
31.5.2023
Coinbase CEO Brian Armstrong criticized US lawmakers and regulators over their approach to bringing “regulatory clarity” to cryptocurrency and warned that innovation is moving offshore.
Countries like China will benefit from “restrictive U.S. crypto policies,” Armstrong said in a MarketWatch...
Wintermute moves over $4M in Optimism to Binance ahead of token unlock
30.5.2023
On-chain analytics platform Spot on Chain reported that Wintermute has already sold these tokens for $1.63 per OP
TradingView Integrates VERSE Token and Verse DEX, a Milestone in Verse Adoption
30.5.2023
TradingView, the globally renowned charting platform and social network for traders and investors, has announced the integration of $VERSE token and Verse DEX within its platform. This milestone in the adoption of Verse is a clear signal that Verse as the gateway to DeFi resonates with a great many...
Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million
30.5.2023
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily...
Jimbos Protocol hacked for over $7.5 million using flash loan exploit
29.5.2023
Shortly after it fell victim to a hack, Arbitrum-based Jimbos Protocol has decided to seek the help of security researchers and on-chain analysts who collaborated on investigating similar attacks which targeted protocols such as Euler Finance and Sentiment....
Read More: Jimbos Protocol hacked...
Chinese Yuan to Replace US Dollar as World’s Reserve Currency, Says Russian Banker
29.5.2023
Russia’s second-largest bank’s chairman says there is every reason to expect the Chinese yuan to replace the U.S. dollar as the world’s main reserve currency. He highlighted that the central bank of Russia has already begun investing its reserves in yuan, and over 70% of the trade turnover...
AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
28.5.2023
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At...
Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months
28.5.2023
In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August...
Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis
28.5.2023
Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt as lawmakers engage in lengthy negotiations over the debt ceiling. “Unfunded liabilities as Social Security are over $250 trillion,” he said as the U.S. faces a potential debt default. Robert Kiyosaki on U.S. Debt Crisis The author...
China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...
Gemini files to dismiss SEC’s lawsuit over its earn product
27.5.2023
Gemini called the SEC's lawsuit as "ill-conceived" against its Earn Product which offered yields to customers against their crypto deposits
New Over-Sized Mega Man Slippers Are Perfect
26.5.2023
Sometimes a product comes along and makes me go, “Well, damn, that’s a perfect idea!” That was precisely what happened the first time I saw these newly announced Mega Man slippers that turn your feet into big, blue, comfy boots that look just like the Blue Bomber’s heroic shoes. Read more
ARPA Price Prediction as Over 100% Rally This Week Puts Token in 10 Top Trending Crypto Coins on CoinMarketCap
25.5.2023
ARPA, the token that will power the ARPA Network protocol, has been on fire in recent days.
ARPA/USD was last changing hands across major cryptocurrency exchanges at around $0.11 per token, its highest level since February 2022, up around 100% this week and now up in the region of 320% for...
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
OpenAI warns European officials over upcoming AI regulations
25.5.2023
The CEO of OpenAI, Sam Altman, spoke with European officials in Brussels warning over the ramifications of over-regulation of the AI industry
Bitcoin Options Market Signals Weakness over Six Months Amid Debt Ceiling Drama
25.5.2023
The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500
Basketball's Shaquille O'Neal Sued Over FTX and NFT
25.5.2023
NBA legend Shaquille O’Neal has been served legal papers related to the FTX bankruptcy and his NFT project after eluding process servers for months.
On Tuesday, the basketball icon was served during an NBA playoff game at the Miami sports stadium formerly known as FTX Arena, according to a report...
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...