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Sarala

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.

Posts by Sarala

zkSync Token Launch Spurs Initial Surge, Faces Subsequent Decline

zkSync (ZK) Advances with Major Updates, What You Need to Know

As 2024 continues to see positive developments in the crypto space, zkSync, a prominent Ethereum Layer 2 scaler by Matter Labs, has made a significant announcementโ€”plans to airdrop nearly 3.68 billion ZK tokens next week. According to the distribution plan, 89% of the airdrop will be allocated to zkSync users

June 11, 2024 1 min read
OKX Hit by Major Outflows Amid Security Breach Rumors

OKX Hit by Major Outflows Amid Security Breach Rumors

OKX, one of the leading cryptocurrency exchanges, is currently facing capital outflows amid recent rumors of security breaches. Data from Defillama reveals that OKX has seen outflows of over $204 million in the past 24 hours and $633 million over the past week, surpassing the outflows of other exchanges. In

June 11, 2024 2 mins read
BabyDoge Partners with Tandem for Exclusive Hardware Wallet

BabyDoge Partners with Tangem for Exclusive Hardware Wallet

Baby Doge Coin, the leading meme coin recently made waves in the crypto market with its price rally and new listing expectation. Additionally today it has announced a new partnership.ย  According to a recent post by BabyDoge, the coin has teamed up with Tangem, a company renowned for its secure

June 10, 2024 1 min read
Top Crypto Gainers of the Day Despite Weekend Slump

Top Crypto Gainers of the Day Despite Weekend Slump

The past week in the crypto market displayed a strong performance in various cryptocurrencies like BNB, Toncoin, FLOKI, and others, soaring to new all-time highs. Further, the fear and greed index indicated high greed levels, with the largest crypto, Bitcoin (BTC), averaging over $72K in trading. However, the weekend turned

June 10, 2024 3 mins read
Wormhole Token Surges 20% Following Upbit Listing

Wormhole (W) Price Climbs Over 12% Amidst Global Crypto Slump

While the global crypto market is displaying a sea of red across all the cryptocurrencies, Wormhole (W), the cross-chain messaging protocol, has seen its price climb by over 12.16% in the last 24 hours, rising from $0.6356 to $0.7616. This surge marks the third consecutive day of gains for Wormhole.ย 

June 8, 2024 1 min read
Bitcoin Dips Below $70K Amid Market Selloff

Bitcoin Dips Below $70K Amid Market Selloff

Bitcoin (BTC) displayed a significant pullback today, flipping its earlier gains and hardly maintaining a week-over-week increase. On Friday the cryptocurrency briefly teased an all-time high in the $71,918 range before retreating in U.S. trading, with its price standing at $68,507, down 4.74% in the past 24 hours. This decline

June 8, 2024 2 mins read
Telegram Founder Pavel Durov Arrested in France, TON Drops 16%

Toncoin Hits New Peak Amid Telegram Launch of TON-Linked Stars

Toncoin (TON) has displayed a significant recovery in value recently, with a remarkable 11.7% rise on June 2, lifting its price from approximately $6.28 to around $7.02. This was followed by another significant 18.41% spike on June 5, pushing its TON price to an all-time high of $7.78. This surge

June 7, 2024 2 mins read
ATOM Price Signals Recovery as Cosmos Hub Restores Block Production

ATOM Price Signals Recovery as Cosmos Hub Restores Block Production

The Cosmos Hub encountered a temporary interruption in its chain operations, as reported in the Cosmos X post early this morning. During the V17 upgrade, Hub validators promptly addressed the interruption, successfully patching a security vulnerability within the Liquid Staking Module (LSM). Following the implementation of this crucial patch by

June 6, 2024 2 mins read
Robinhood's $200 Million Bid for Bitstamp Acquisition

Robinhood’s $200 Million Bid for Bitstamp Acquisition

Robinhood, the popular trading platform, is set to acquire Bitstamp, a prominent U.K.-based crypto exchange, for $200 million in cash. This strategic purchase aims to support Robinhood’s global crypto presence and attract institutional clients, by introducing new product offerings. The transaction, bag to be finalized in the first half of

June 6, 2024 1 min read
Bitcoin Poised for Breakout Targets $72,000 Resistance

Bitcoin Poised for Breakout Targets $72,000 Resistance

In the last 24 hours, Bitcoin’s price has surged by approximately 1.9%, recently trading above $71,000 and reaching a peak of $71,735. This bullish momentum suggests that the cryptocurrency could climb even higher if BTC manages to break through the key resistance level at $72,000. Despite a significant increase on

June 6, 2024 2 mins read
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