A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Moo Deng (MOODENG), a meme coin inspired by Thailand’s pygmy hippo star, has seen a dramatic rise and fall in recent days, stirring excitement and concern in the crypto market. After reaching a peak market cap of $322.7 million on September 28, the token has plummeted 50% in just three
October 1, 2024 2 mins read
As the curtain falls on September, Bitcoin has been through a whirlwind of activity, with investors cautiously optimistic about what lies ahead in October, affectionately dubbed “Uptober” in crypto circles. Despite a recent sell-off, Bitcoin has managed to hold onto crucial support levels, demonstrating resilience amidst market fluctuations. The week
October 1, 2024 2 mins read
Ethena community is actively discussing a new proposal aimed at integrating a decentralized exchange (DEX) named Ethereal into its reserve management system, establishing Ethereal as the network’s fully on-chain venue for spot and derivative positions backing its synthetic stablecoin, USDe. The proposal, submitted by a member known as “Fells0x,” seeks
September 30, 2024 2 mins read
Taiwan’s Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday, aims to diversify investment options and enhance the re-entrustment business of the nation’s securities firms.
September 30, 2024 2 mins read
Vitalik Buterin, co-founder of Ethereum, has once again drawn attention due to recent transactions associated with a wallet suspected to be his. Buterin had previously stated on social media, “I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are
September 30, 2024 2 mins read
In the evolving landscape of blockchain technology, Decentralized Autonomous Organizations (DAOs) have emerged as innovative entities that operate without centralized control. DAOs leverage smart contracts on blockchain networks, enabling members to collaborate and govern collectively. This article provides a comprehensive overview of DAOs, their structure, benefits, challenges, and future implications.
September 27, 2024 4 mins read
The cryptocurrency market is gearing up for a potential bullish surge in October, famously dubbed “Uptober,” following a historically positive trend during this month. Uptober, a blend of “Up” and “October,” represents the expected bullish performance of Bitcoin and other altcoins based on historical data. According to Coinglass, Bitcoin has
September 27, 2024 2 mins read
The crypto sector continues to face an alarming wave of cyberattacks, with a recent breach involving the Bedrock protocol adding to the growing list of DeFi exploits. Ten hours ago, Cyvers Alert, a digital asset monitoring platform, flagged a suspicious transaction linked to Bedrock, a DeFi multi-asset liquid restaking protocol.
September 27, 2024 2 mins read
The Open Network (TON) blockchain is gearing up for an unprecedented influx of users as the popular Web3 game, Hamster Kombat, prepares to onboard millions of players. On September 25, a Telegram channel for TON validators, developers, and integrators issued a warning about an anticipated spike in bandwidth demand, urging
September 26, 2024 2 mins read
Bitcoin is showing mixed signals as uptober—historically a strong month for the cryptocurrency—unfolds. After reaching a one-month high of $64,817 with a bullish surge, Bitcoin has since dropped 1.05% over the last 24 hours, trading at $63,602.91. Adding to the uncertainty, trading volume is down by 15%, reflecting a market
September 26, 2024 2 mins read