Shiba Inu, the meme-inspired cryptocurrency that skyrocketed to fame earlier this year, has continued to captivate the attention of investors. With a current market capitalization of $5.16 billion and a fully diluted market cap of $5.17 billion, the token has maintained its position as the 15th largest cryptocurrency by market
May 11, 2023 3 mins read
According to the director of Coinbase, the main staking wallet for BinanceUS has withdrawn from all staking pools (includes $150M of ETH, $2.5M of MATIC, and assets like SKL and T) and sent all funds back to cold storage. Coinbase director Conor included a screenshot and a link to the
May 9, 2023 2 mins read
PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.” Uniswap, the largest decentralized exchange on the Ethereum network, accounts
May 8, 2023 1 min read
On May 8, Binance, the world’s biggest cryptocurrency exchange, paused bitcoin withdrawals for several hours, attributing the delay to high volumes and a spike in processing fees, before eventually processing them at a higher cost. Over Sunday night and Monday morning, the largest crypto exchange in the world suspended bitcoin
May 8, 2023 2 mins read
Hito Steyerl’s Animal Spirits at Esther Schipper over Berlin Gallery Weekend is a thought-provoking exploration of cultural production in lieu of several micro-epochs of the last few years. The exhibit takes its name from economist John Maynard Keynes’ concept of human instincts and emotions that influence consumer behavior, and examines
May 7, 2023 6 mins read
Pepe, the cryptocurrency linked to the internet meme icon Pepe the Frog, has become a notable contender in the meme coin market, challenging the likes of Shiba Inu (SHIB) and Doge (DOGE). It’s recent listing on BitMEX, a significant player in the cryptocurrency exchange sector, has contributed to Pepe’s surge
May 5, 2023 2 mins read
The Ethereum roadmap remains extensive with several significant upgrades still in the pipeline. Over the next six months, Ethereum has planned upgrades to staking withdrawals, as well as various new applications that will enhance the blockchain’s security and provide a better user experience. With the implementation of Proto-Danksharding, a new
May 5, 2023 2 mins read
The emergence of $TURBO is a Web3 success story. Here is how the meme crypto was created by digital artist Mankind with the aid of ChatGPT, despite a lack of coding experience. According to a Twitter thread, Mankind (aka Rhett Dashwood) created the coin with a $69 budget and the
May 4, 2023 4 mins read
According to a recent AMA session, former Goldman Sachs executive Raoul Pal predicts that the crypto industry will experience a surge in capital. As liquidity returns to the market, leading to growth from 300 million to what he believes will be one billion users worldwide. Raoul Pal states: “There will
April 25, 2023 2 mins read
Earlier this week, an anonymous bot operator using a Maximal Extractable Value (MEV) strategy reportedly made over $1 million using what is known as a sandwich attack, essentially a tool by which an operator takes over a mempool to validate transactions and seek arbitrage on giant pools of transactions. The
April 24, 2023 2 mins read
