In January of 2023, the world watched as YouTuber CoffeeZilla exposed the dark truth behind Logan Paul’s CryptoZoo project. What seemed like an exciting and innovative venture turned out to be nothing more than smoke and mirrors. Participants were enticed to purchase egg NFTs, with the promise of a thrilling gaming experience where they could
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Celestia (TIA) has experienced significant growth since its launch on the Osmosis platform on October 31, 2023. Initially starting off modestly, TIA’s price has shown a volatile yet upward trajectory over time. Despite the inherent fluctuations in the crypto market, TIA has managed to increase its valuation multiples over the past months. This cryptocurrency now
The Shiba Inu Layer 2 Shibarium network has demonstrated impressive resilience and recovery after the holiday season. This time around, the layer 2 network is celebrating a major milestone, crossing a total of 250 million transactions processed since its launch last year. The recent surge in transactions comes following a decline at the start of
The rise of big data has paved the way for the utilization of artificial intelligence (AI) across various industries. In the finance sector, AI algorithms are revolutionizing traditional practices by extracting valuable insights from vast amounts of market information. This transformative power of AI is particularly evident in the world of cryptocurrency trading, where AI-driven
The Web3 gaming sector is on the rise, with a multitude of games expanding their horizons and captivating players around the world. One game that stands out in this landscape is “SERAPH: In the Darkness,” an immersive dark-themed ARPG built on the Arbitrum One blockchain. With its recent conclusion of the third round of closed
Cryptocurrency enthusiasts have witnessed a significant decline in prices over the past day, with XRP being one of the worst affected. The value of XRP has plummeted by 10%, causing a seismic shift reminiscent of the drastic market volatility experienced in August of the previous year. The rapid decline in price has led to a
The decentralized exchange (DEX) market has been witnessing a surge in meme coins, with many experiencing unprecedented price pumps. One such memecoin that has caught the attention of FOMO traders is BONKITA, a spin-off token riding on the popularity of the BONK narrative. In its first 8 hours of trading, BONKITA gained significant traction, thanks
In a recent report by WSJ, it was revealed that Binance co-founder Yi He holds a significant stake in Binance’s holding company located in the Cayman Islands. With a minimum of 10% ownership, Yi He wields substantial influence over the marketing and investment aspects of the company. In fact, in the absence of CEO Changpeng
The landscape of customer engagement and loyalty strategies is rapidly changing with the rise of digital and virtual experiences. Traditional loyalty programs, which were limited to transaction-based points systems, are no longer effective in meeting the evolving preferences of consumers. Recognizing this need for adaptation, Visa, one of the largest payment providers in the world,
Senator Steve Padilla (D-San Diego) has introduced two new bills, Senate Bills 892 and 893, to establish a comprehensive and ethical framework for artificial intelligence (AI) in California. In a press release on January 3rd, Padilla highlighted the need to harness AI’s potential while ensuring its safe and responsible use, particularly in state contracts. The
Blockchain-based decentralized finance (DeFi) protocols continue to face security threats, as evidenced by the recent exploit on Gamma Strategies. This article critically examines the incident, the protocol’s response, and the broader implications for the DeFi industry. Gamma Strategies, an Ethereum-based DeFi protocol, suffered a significant exploit that resulted in a loss of approximately $3.4 million.
Completing risk-acknowledgment forms has become a requirement for users of Coinbase UK, as the company strives to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations. However, this process has posed several challenges for users, leading to frustrations and dissatisfaction. Coinbase UK has notified its users via emails that they must complete a
In a recent statement, cryptocurrency exchange Binance announced its consideration to delist three major privacy tokens: Zcash (ZEC), Monero (XMR), and Horizen (ZEN). Binance justified this move by stating that these assets are no longer meeting its listing criteria. In addition to the aforementioned tokens, Binance also placed a “Monitoring tag” on other digital assets
Japan, known for its resilience and strength in the face of natural disasters, experienced a devastating earthquake this week. The country’s West Coast, particularly the main island of Honshu’s Ishikawa prefecture, was severely affected. The earthquake, measuring 7.5 on the Richter scale, triggered tsunamis and fires, causing widespread destruction to infrastructure and claiming the lives
The cryptocurrency market experienced a significant downturn today as Bitcoin dipped to around $40,500 amid rumors of a potential rejection for a spot Bitcoin ETF. This downward trend also affected other cryptocurrencies, including Hedera Hashgraph’s HBAR token, which saw a drop of nearly 9% to $0.0885. Despite this setback, HBAR has managed to maintain its
Tether, the popular dollar-pegged stablecoin, has experienced a tremendous rise in the past six years, bringing its total assets close to the $100 billion mark. According to the latest transparency report, Tether’s total assets currently stand at $95.2 billion. The majority of these assets, accounting for $92 billion, are held in the form of the
The price of Solana (SOL) has been on a staggering rise, increasing by 722% year-to-date. This growth has not only attracted attention but also posed challenges for the network. Along with the surge in value of the native token, the use of Solana-based meme coins like Bonk Inu (BONK) has skyrocketed by over 854% this
Crypto financial services platform Matrixport has recently stirred up a frenzy in the crypto community with the release of two conflicting articles on January 2nd, each offering contradictory projections about the future of Bitcoin (BTC). These articles generated mixed sentiments among investors and triggered a wave of controversies. This critical analysis aims to dissect and
The cryptocurrency market recently experienced a sell-off, causing Bitcoin’s price to plummet by over 10%. However, amidst this downturn, savvy investors see an opportunity to buy into the market at lower prices. As the market sentiment turns bullish, let’s explore five established cryptocurrencies that may lead the charge in 2024. One of the mainstays in
Cross-chain lending protocol Radiant Capital recently fell victim to a hack, resulting in the loss of 1,900 ETH, equivalent to around $4.5 million. The incident was discovered by blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol, utilizing cross-chain functionality built with LayerZero technology. Currently, the protocol
In recent years, the world of digital collectibles has experienced an explosion in popularity. From art to gaming, these unique digital assets, known as Non-Fungible Tokens (NFTs), have taken industries by storm. NFTs provide creators, collectors, and innovators with a new way to buy, sell, and trade digital goods. However, to fully participate in the
Sorare, the popular fantasy football game, has recently introduced an exciting new feature called the Manager ID. This feature aims to enhance the overall experience of its users by representing their achievements and status within the Sorare community. Departing from the traditional profile, the Manager ID combines visual elements that symbolize a player’s journey, decisions,
Artificial intelligence (AI) has firmly established itself as a game-changer in the blockchain tech space. Platforms like Internet Computer (ICP), The Graph (GRT), and Theta Network (THETA) have already demonstrated the immense potential of AI technology in various aspects of the crypto industry. Now, a new platform called Launchpad XYZ is poised to become the
Bitcoin has been making waves in the financial world, with its price soaring to new heights in recent years. The cryptocurrency has gained the attention of investors, institutions, and even governments. While price predictions for Bitcoin vary, one analyst, Lyn Alden, is optimistic about its future. In a recent interview, she stated that she hopes
In recent weeks, Solana has taken the cryptocurrency market by storm, becoming one of the most highly sought-after digital assets. This remarkable surge has seen Solana soar by an astounding 775% in the last year, attracting investors eager to take advantage of its impressive rally. The bullish momentum of Solana has also led to the
In a shocking turn of events, the cryptocurrency market experienced a massive selloff today, wiping out nearly $200 billion in value. The driving force behind this sudden plunge was the rumor of impending Bitcoin ETF denials by the SEC. As Bitcoin prices started to plummet around 6AM, altcoins followed suit, experiencing drops of 20 to
Cardano (ADA) has experienced a remarkable climb, surpassing 150% in 2023. This surge in price coincides with significant growth in the Cardano ecosystem, particularly in the leading Decentralized Exchange (DEX) Minswap, which has seen a staggering 26,000% gain and attracted a substantial influx of new users. Currently trading at $0.61, ADA is showing positive signals