A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
The trading of telegram tap-to-earn game Catizen’s token has gone live on Friday, with 150 million tokens, representing 15% of the total 1 billion supply, airdropped to users as part of its Season 1 distribution. This launch followed a two-month delay from its initially scheduled date. The airdrop process began
September 20, 2024 1 min read
Jump Crypto’s much-anticipated validator client, “Frankendancer,” has been successfully launched on Solana’s mainnet, as announced by Chief Science Officer Kevin Bowers during the Solana Breakpoint event in Singapore. Frankendancer is a prototype of Firedancer, a second independent validator client being developed by Jump Crypto to enhance Solana’s network performance and
September 20, 2024 2 mins read
BitMEX co-founder Arthur Hayes made a significant move in the crypto market, depositing 350,010 tokens ($1.26 million) to Binance and Bybit within the past hour. Hayes still holds 1.66 million PENDLE ($5.93 million) in Pendle Finance, with these tokens now unlocked and available for sale. His estimated profit from it
September 20, 2024 2 mins read
Bitcoin, the world’s leading cryptocurrency, hit a 25-day high of $64,133, hours ago. It gained 10.3% over the past week as bulls made a comeback. Despite an early-month bearish trend, Bitcoin is now trading at $63,821.27, up 3% in the last 24 hours, though trading volume has decreased by 11%,
September 20, 2024 2 mins read
At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being
September 18, 2024 2 mins read
The global cryptocurrency market cap increased by 1.48% over the past 24 hours, with trading volumes up 27% after several days of bearish sentiment. Bitcoin has risen 2%, hitting a 21-day high of $61,316. As is typically seen, altcoins followed suit, with notable gains across the board. Among the altcoins,
September 18, 2024 2 mins read
Coinbase CEO Brian Armstrong and Industry experts swiftly dismissed allegations that the company was issuing Bitcoin IOUs to BlackRock, the issuer behind the largest spot Bitcoin ETF. Over the weekend, crypto analyst Tyler Durden accused Coinbase of allowing BlackRock to borrow Bitcoin without collateral, raising concerns over potential market manipulation
September 18, 2024 2 mins read
Binance has issued a statement clarifying that it bears no responsibility for the financial issues at WazirX, following a $235,000 loss due to a cyber-attack on the platform in July 2024. The statement comes as rumors circulated about Binance’s involvement, which the company has labeled as “false and misleading.” In
September 17, 2024 2 mins read
Shiba Inu (SHIB), the second largest memecoin by marketcap, has captured market attention with its recent price movements and a dramatic increase in its burn rate. Amid hitting two week high of $0.00001411, four days ago, SHIB bears took back control today, it is trading at $0.00001328 with a decline
September 17, 2024 2 mins read
The Federal Open Market Committee (FOMC) begins its meeting today, with a decision on interest rates expected to significantly influence market dynamics. The prevailing speculation is that the US Federal Reserve will announce a rate cut after the two-day event, potentially impacting Bitcoin and the broader crypto market. Historically, interest
September 17, 2024 2 mins read