The team behind Base, an Ethereum Layer 2 chain developed in collaboration with Optimism, has announced that its mainnet is now available for builders to deploy their products. To commemorate the early adopters of the ecosystem, Base will release a special NFT called the “Genesis Builder”. However, the team has clarified that it has no
Cardano (ADA) recently experienced an impressive price surge of 23.9% on July 13, leaving investors intrigued about its potential for further gains. This significant rally was fueled by a favorable judicial decision regarding XRP (XRP), which raised questions about whether Cardano has what it takes to break above the $0.40 mark. Despite this positive development,
Geist Finance, a lending protocol operating on the Fantom network, has announced its permanent closure following substantial losses resulting from the Multichain exploit. The app’s development team made this announcement via a social media post on July 14. Geist contracts were initially paused on July 6 and then resumed on July 9, but only in
In a recent announcement on July 14, Kain Warwick, the founder of Infinex, unveiled a groundbreaking frontend called Infinex. This innovative platform aims to compete with centralized exchanges by serving as a frontend to the derivatives liquidity protocol, Synthetix. Infinex is specifically designed to address three major obstacles: user migration to Optimism, acquisition of the
The recent federal court ruling affirming that XRP sales on crypto exchanges comply with U.S. securities laws has caused a dramatic surge in the price of XRP (XRP). Despite a slight retreat of about 10% to $0.76 on July 14, the price of XRP remains up around 65% compared to its previous day’s lowest price.
London, United Kingdom, July 14th, 2023 – Shiba Memu, a revolutionary dog-themed memecoin, has experienced an overwhelming response during its presale, generating nearly $800,000 in just nine days. With a current purchase value of $798,000 worth of SHMU tokens, Shiba Memu is set to make a significant impact upon its official exchange launch. The core
Polygon (MATIC) has seen a substantial surge in its price on July 13, driven by several significant factors. These factors include a recent court ruling in favor of XRP, increasing activity of decentralized applications (Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0. Within just 12 hours, MATIC experienced an impressive
Bitcoin’s dominance in the cryptocurrency market has experienced a significant decline as a result of Ripple’s recent legal victory against the United States Securities and Exchange Commission (SEC). This decline was accompanied by a surge in altcoin prices, temporarily pushing Bitcoin dominance below the 50% mark. According to Tradingview, Bitcoin dominance fell to 49.76% during
Bybit, a leading cryptocurrency exchange, has officially announced the commencement of registration for the highly anticipated ‘2023 World Series of Trading (WSOT).’ With a prize pool of up to $8 million worth of USDT, this event promises to be the most thrilling edition yet. Traders will also have the chance to win luxurious prizes, including
Unstoppable Domains, a prominent platform specializing in user-owned digital identity, has recently introduced the Unstoppable Marketplace. This marketplace, powered by the dApp Store Kit developed by Polygon Labs, offers a wide range of applications integrated with Unstoppable. By doing so, it presents users with exciting opportunities to engage with the thriving Web3 community. An Impressive
XRP (XRP) price experienced a significant surge after Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s (SEC) claim that XRP is a security. The ruling sparked a surge of over 75% in XRP price, reaching a one-year high of $0.93. Market participants
Coinbase, a leading cryptocurrency exchange, has announced the launch of a new feature for its self-custody wallet product called Coinbase Wallet. This feature allows users to engage in end-to-end encrypted messaging directly through their wallet. The primary objective is to provide users with full control and ownership over their identity and conversations, while also minimizing
The price of Conflux (CFX) has experienced a recent bullish surge, but it appears to be stalling as it encounters resistance from its 20-day exponential moving average (EMA). On July 12, CFX rose by 11.22% to retest the 20-day EMA and the Fib 0.236 level at $0.2096. However, in today’s trading session, the CFX price
The highly anticipated launch of Mr. Hankey Coin’s initial coin offering (ICO) is just hours away, generating a significant amount of excitement in the cryptocurrency world. Despite being announced earlier this week, news about the Mr. Hankey Coin ICO has rapidly spread across Web3, capturing the attention of prominent alpha investment groups and numerous crypto
Frankfurt, Germany, July 12th, 2023 – The presale for memecoin Alex The Doge (ALEX) is currently underway, attracting strong demand from the crypto community. This presale offers participants the opportunity to be part of the ALEX ecosystem from the beginning and stake their claim in the MiracleVerse. With its foundation on Polygon’s blockchain, Alex The
Sound.xyz is making waves in the music industry by offering a new platform that empowers artists worldwide. In a recent announcement, the company revealed its decision to open up its platform tools to all musicians, giving them the freedom to navigate the restrictive economic boundaries set by traditional streaming platforms. This move comes as Sound.xyz
According to a recent report by blockchain intelligence firm Chainalysis, cryptocurrency scams have seen a significant decline of 77%, dropping from $3.3 billion to $1.1 billion in the first six months of 2023. However, the report also highlighted a surge in ransom attacks, with perpetrators earning 62.4% more revenue compared to the same period in
Onchain data reveals that the U.S. Department of Justice (DOJ) has transferred 9,825 Bitcoin (BTC) worth $302 million, which were seized in connection to the Silk Road darknet marketplace. These funds were moved to new addresses on July 12 in two transactions, with one transaction still pending at the time of writing. The Silk Road
Coinbase Wallet has announced a new feature that allows users to send instant messages to each other using their Ethereum identities. The feature utilizes the Extensible Message Transport Protocol (XMTP), a blockchain-based instant messaging system also used by Lens, a decentralized social media network. According to Coinbase, select wallet users can now send messages to
Coinbase, the popular cryptocurrency exchange, experienced a significant boost in its shares, reaching nearly $90, after Cboe Global Markets, the operator of the Chicago Board Options Exchange, filed amended applications for three spot Bitcoin exchange-traded funds (ETFs). These applications included surveillance-sharing agreements with Coinbase. Although the US Securities and Exchange Commission (SEC) has not yet
Starbucks’ Web3 initiative, Odyssey, is once again making headlines as it partners with former Major League Baseball player Micah Johnson’s NFT project, Aku, to introduce a groundbreaking series of NFT Stamps. This collaboration brings together art, technology, and community-building elements to inspire younger generations to dream bigger. The partnership is set to launch an interactive
Polygon (MATIC) has experienced a significant price increase, reflecting the overall positive momentum in the cryptocurrency market. On July 11, MATIC’s price reached $0.75, its highest level in a month. This surge outperformed the crypto market, which maintained a relatively stable valuation of around $1.14 trillion. The rise in MATIC’s price can be attributed to
The Ethereum ecosystem is witnessing the introduction of another layer-2 scaling solution with the onboarding of partners to ConsenSys’ Linea network. Linea, an Ethereum layer-2 scaling network, allows developers to create or migrate decentralized applications for Ethereum. By utilizing zero-knowledge proofs and being Ethereum Virtual Machine (EVM) equivalent, Linea enables seamless interaction between its applications
Bitfinex, one of the leading cryptocurrency exchanges, has released its latest Bitfinex Alpha report, offering valuable insights into the dynamic crypto market. In this week’s publication, it was revealed that the amount of unmoved bitcoin has reached an all-time high. This intriguing development can be attributed to the growing interest of institutional investors in the
Rodeo Finance, a decentralized finance (DeFi) protocol based on Arbitrum, fell victim to an exploit that resulted in a loss of $1.53 million on July 11. The exploit took advantage of a code vulnerability in the protocol’s Oracle, leading to the theft of over 810 Ether (ETH). PeckShield, a blockchain analytics firm, shared data indicating
In today’s rapidly evolving digital landscape, safeguarding data privacy has become a top priority for individuals around the world who value their personal information. As the amount of data shared with various companies continues to rise, it is crucial to have effective mechanisms in place to protect sensitive data. One such mechanism that has gained
Researchers from Pennsylvania State University have conducted a study to determine whether attitudes and emotions expressed on social media platforms could be used as a means to predict cryptocurrency returns. Surprisingly, their findings challenge the prevailing belief in traditional financial markets. The research paper suggests that social media sentiment significantly influences adoption and activity rates,