Blockchain technology has gained widespread recognition and adoption in recent years, offering various use cases across different industries. However, one significant challenge that has hindered its broader accessibility is the complex nature of crypto addresses. The Ronin Name Service (RNS) aims to revolutionize this by introducing human-readable addresses, making blockchain interactions more user-friendly and comprehensible.
admin
PEPE, one of the embattled meme coins, has recently shown signs of life after a prolonged decline. However, traders are cautious as PEPE is still below its key 20-day EMA, leaving them uncertain about the sustainability of its recent bounce. The next move for PEPE could determine its trajectory in the coming weeks. In this
As the world of cryptocurrency continues to evolve, so do the risks and challenges that investors face. In light of the recent hack that resulted in a $7.9 million loss of Ethereum (ETH), HTX global adviser Justin Sun has announced the establishment of a secure asset fund for users (SAFU). This fund aims to provide
Yuga Labs, known for its pioneering Web3 initiatives such as Bored Ape Yacht Club, CryptoPunks, Meebits, and 10KTF, has recently announced a groundbreaking partnership with A BATHING APE (BAPE), a renowned player in the streetwear scene. BAPE, established in Harajuku, Japan, in 1993, has been a prominent fixture in Japanese street fashion for over three
Maker DAO’s MKR has experienced a significant push amidst a slight uptick in the broader cryptocurrency market. Yesterday, the token saw a rise from a low of $1,265 to a high of $1,343, showcasing an impressive 5% 24-hour increase. While many tokens struggle to recover, MKR has managed to consolidate its upswing and maintain its
In a surprising turn of events, Ben Armstrong, a prominent figure in the cryptocurrency and blockchain community, found himself facing legal trouble. According to records from the Gwinnett County Sheriff’s Department, Armstrong was arrested during a live YouTube broadcast while attempting to confront a former business partner for the alleged theft of his Lamborghini. This
Ripple’s ongoing legal dispute with the United States Securities and Exchange Commission (SEC) has become a significant lawsuit that holds immense implications for the cryptocurrency industry. The outcome of this case has the potential to shape the country’s stance towards cryptocurrencies and establish a crucial precedent. While the final verdict is still distant, it is
Litecoin (LTC) has been experiencing a period of stagnation in its price movement, with its value consistently hovering around $64. The month of September has predominantly seen bearish market conditions for LTC, influenced by the overall fluctuations in Bitcoin’s price. Despite its reputation for volatility, LTC has been mirroring the sideways movement of the market
Optimism’s native cryptocurrency, OP token, has experienced a significant decline in price compared to other top 50 cryptocurrencies. This drop comes in anticipation of a $30 million token unlock, scheduled for September 30th. Token unlocking events are commonly employed by cryptocurrency projects to gradually release tokens into the market, rather than releasing them all at
The U.S. Securities and Exchange Commission (SEC) has recently filed an objection to part of Celsius’ reorganization plan that involves the crypto exchange Coinbase. Celsius, a bankrupt crypto firm, intends to have Coinbase act as a distribution agent to return funds to affected former users. However, the SEC argues that Coinbase’s role exceeds that of
The cryptocurrency market is known for its volatility, and Banana Coin is no exception. Recently, the token experienced a roller-coaster ride, with an 18% gain followed by a modest 2.57% increase. This unpredictable behavior has left investors wondering about the short-term and long-term prospects of Banana Coin. To gain insights into its performance, let’s examine
In response to the JPEX debacle, the Securities and Futures Commission (SFC) in Hong Kong has implemented new measures to improve investors’ education and protection in the virtual asset trading industry. The SFC announced its plan to publish a comprehensive list of licensed Virtual Asset Trading Platforms (VATPs) on its website, encompassing licensed platforms, applicants,
The Arbitrum Foundation has recently made an important decision regarding the unclaimed tokens from the Arbitrum airdrop. In an official announcement on X (formerly Twitter), the foundation revealed that it had transferred 69.4 million unclaimed Arbitrum (ARB) tokens to the Arbitrum’s decentralized autonomous organization (DAO) treasury. This move marks a significant development for the Layer
Bitcoin, the flagship cryptocurrency, has experienced a significant decline in trading volume this year. This reduced trading activity has been accompanied by low volatility and narrow price ranges, resulting in limited trading opportunities for investors. Despite briefly rising above $27.5k earlier this week, Bitcoin has since fallen back near $26k. One of the main factors
Financial authorities in South Korea are planning to implement rigorous eligibility reviews for major shareholders of cryptocurrency exchanges, following the standards set in the banking sector. This move comes in response to the increasing legal issues surrounding shareholders of prominent domestic exchanges like Bithumb and Upbit. The Financial Intelligence Unit (FIU) under the Financial Services
In a significant announcement, NHN Corporation, a global IT company, has formed a strategic partnership with Mysten Labs to explore the Web3 gaming industry. NHN Corporation is a well-established player in various domains such as gaming, payments, entertainment, IT, and advertisement. This partnership revolves around the Sui blockchain, a groundbreaking Layer 1 blockchain and smart
Decentralized oracle network Chainlink has come under fire for a recent update to its multisig wallet requirements. The change, which saw the number of signatures required reduced from 4-of-9 to 4-of-8, has raised concerns among members of the crypto community, including vocal critic Chris Blec. The 4-of-8 multisig requirement is a security measure that ensures
Bitcoin price is once again on a downward trajectory as it failed to surpass the $27,500 resistance level. This failure has resulted in a fresh decline with BTC currently trading below $26,500 and the 100 hourly Simple Moving Average. The next support level at $26,000 is at risk of being breached, signifying potential further losses
South Korea’s leading cryptocurrency exchange, Upbit, recently made headlines when it announced the suspension of all withdrawals and deposits of Aptos’ native token APT. This drastic measure was taken in response to the discovery of fraudulent activities involving counterfeit APT tokens on September 24th. Upbit found itself in a precarious position when it realized that
The field of Virtual Reality (VR) and Augmented Reality (AR) development is rapidly evolving, and programming is at the core of these advancements. From C# to Unity and Unreal Engine, various programming languages are essential for creating immersive experiences. Learning resources, such as tutorials and courses, are widely available online, making the learning process more
The past week has been one of caution and quiet for Bitcoin traders, with the price action remaining relatively stagnant. However, the most concerning aspect of this period is the significant decline in trading volumes on both major crypto exchanges and derivatives markets. This begs the question: what implications does this collapse in trading volumes
The conclusion of the G20 summit brings some much-needed optimism to India’s crypto ecosystem. With the endorsement of the recommendations from the IMF and FSB as a Synthesis paper, the world’s most influential economies are taking a clear stance on the policy and regulatory framework for crypto assets. In this article, we will analyze the
Bitcoin (BTC) has historically displayed a lack of movement and excitement during the weekends. This trend continues as we observe little-to-no actual price fluctuations. While the altcoin market also remains relatively stable on a daily scale, there have been a few standout performers, such as Chainlink (LINK), which has experienced significant growth over the past
In a recent legal filing, Fenwick & West, a law firm that previously provided services to FTX, sought to dismiss a class action suit brought against them. The suit, initiated by customers in August, claimed that Fenwick was partially responsible for the alleged fraudulent activities at FTX. In their defense, Fenwick presented several arguments to
Ethereum, one of the largest blockchain networks, underwent a monumental upgrade known as the Shanghai upgrade about a year ago. This upgrade aimed to enhance network activity and strengthen the DeFi ecosystem. However, a recent report from JPMorgan suggests that the upgrade has not met expectations, as Ethereum has experienced a decrease in network activity
The cryptocurrency market is currently grappling with bearish conditions, but Polkadot (DOT) remains determined to forge ahead. In a strategic move to push its development forward, Polkadot has shifted its focus from speculation to technological advancements. This new direction was highlighted in recent presentations, where the network showcased its ongoing efforts and ambitious goal of
The crypto exchange Bybit recently announced its decision to leave the U.K. market ahead of the implementation of new cryptocurrency marketing rules in October. This unexpected move signifies a proactive approach by Bybit to embrace forthcoming regulations set by the U.K. Financial Conduct Authority. While the exchange initially denied rumors of its departure, the temporary