The advent of Polygon’s proof-of-stake (PoS) blockchain has brought about a revolution in the world of cryptocurrency. With its lightning-fast transaction speeds and low fees, Polygon has gained widespread adoption, leading to a staggering 240 million unique addresses on its blockchain. This remarkable achievement speaks volumes about the growing popularity
April 23, 2023 2 mins read
Zimbabwe’s Central Bank Governor, John Mangudya, has announced that the country will soon introduce a gold-backed digital currency to stabilize the local unit, which has been continuously depreciating against the US dollar. The move is expected to enable small investors to exchange their money for digital tokens to hedge against
April 23, 2023 2 mins read
In a surprising move, a massive whale holding over 1,000 Bitcoin (BTC) that has been inactive for a decade has suddenly transferred 279 BTC. It was worth a whopping $7.8 million at the time of the transfer. The whale received the BTC in October 2012 and May 2013, at a
April 22, 2023 2 mins read
According to recent reports from the Brazilian newspaper Valor Econômico, the Brazilian authorities are investigating Binance. However, Binance has been in the spotlight lately due to regulatory concerns in several countries. The company has been accused of not complying with local regulations. BREAKING: Crypto exchange #Binance under investigation by Federal
April 21, 2023 2 mins read
Over the past 24 hours, Shiba AI (SHIBAI), a memecoin that drew inspiration from the success of Shiba Inu (SHIB), has been making waves in the cryptocurrency market. This digital currency has caught the attention of many and is currently the subject of much discussion among traders and investors. The
April 21, 2023 2 mins read
According to a recent Twitter post by a SHIB enthusiast on his official account, the Shiba Inu (SHIB) ecosystem is set to shake up the stablecoin market by introducing the Shibarium and yet-to-be-released SHI smart contract. #SHIBARMY there are just two things I'm looking for.#Shibarium , as well as the
April 20, 2023 2 mins read
In a recent development, Gary Gensler, the current chairman of the US Securities and Exchange Commission (SEC), has been accused of putting American investors at risk by failing to clarify digital assets rules. Gensler has come under fire for his lack of transparency on the matter, with critics suggesting that
April 20, 2023 2 mins read
According to recent data by etherscan, a crypto investor swapped 0.125 Ethereum (ETH), worth $250, for 5.9 trillion PEPE tokens four days ago. But surprisingly, the investor currently is now worth $1.02 million in Pepe tokens. Investors may need help to make such a significant profit within four days due
April 20, 2023 1 min read
As the cryptocurrency market experiences a surge in interest in meme-based tokens like Pepe and Chad, a new threat has emerged for traders – sandwich bots. These bots, which front-run transactions and manipulate them for profit, are causing havoc on the Ethereum network and costing traders millions of dollars. An
April 19, 2023 2 mins read
The chairman of the Securities and Exchange Commission (SEC), Gary Gensler, was questioned by House Republicans on the SEC’s stance on digital assets at a recent hearing. Legislators raised issues with the SEC’s approach to FTX and the lack of clarity around whether ether is a security. Gensler, while describing
April 19, 2023 2 mins read