Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
21Shares has officially launched 21BTC, a new Bitcoin wrapper on the Ethereum network. This product allows users to access Bitcoin’s value while utilizing the diverse functionalities of Ethereum’s decentralized finance (DeFi) ecosystem. By introducing 21BTC, 21Shares aims to bridge the gap between the two most dominant cryptocurrencies, offering a unique
September 4, 2024 2 mins read
The NFT market is facing a severe crisis, with a staggering 96% now considered “dead”, according to NFT Evening’s 2024 report. This designation applies to NFTs that exhibit no trading volume, minimal sales over seven days, and almost no social media activity. The report analyzed more than 5,000 NFT collections
September 4, 2024 2 mins read
Bank of Japan (BoJ) Governor Kazuo Ueda has hinted at the possibility of further rate hikes. This comes as the BoJ continues to assess economic conditions and inflation trends. Ueda’s remarks signal a potential shift in the bank’s monetary policy, aiming to address ongoing inflationary pressures. According to recent reports,
September 3, 2024 2 mins read
Tron’s gas revenue increased by 46.54% in August 2024, reaching $61.43 million according to data from Lookonchain. This surge significantly outpaced other major blockchain networks such as Ethereum, Solana, and Bitcoin, all of which saw declines in gas revenue during the same period. Ethereum’s gas revenue fell by 33.44%, Solana’s
September 3, 2024 2 mins read
Bitcoin’s price saw a notable movement today, reaching a four-day high of $59,200. This surge marks a significant turn after a downward trend that began in late August. The current price recovery raises questions about the underlying factors driving this shift and whether the momentum can be sustained. Bitcoin has
September 3, 2024 2 mins read
Vitalik Buterin’s recent exploration into modern computing highlights a key trend: the division of tasks into “business logic” and “expensive work,” managed through a “glue and coprocessor” architecture. This approach revolutionizes various fields, notably cryptography, by enhancing efficiency and modularity. In computing, business logic handles the general, less intensive tasks,
September 2, 2024 2 mins read
Cryptocurrency executives are preparing a significant fundraiser for Vice President Kamala Harris in Washington on September 13, 2024, aiming to raise over $100,000. The fundraiser is scheduled between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, aiming to attract a diverse donor base. Organized by crypto leaders such as
September 2, 2024 2 mins read
BounceBit (BB), a Bitcoin restaking chain project, will release its BounceBit V2 in September 2024. The company announced this update on X, highlighting a significant overhaul to its centralized decentralized finance (CeDeFi) platform and BounceClub. The focus will be on improving the user experience and adding new tools for smart
August 30, 2024 1 min read
Hamster Kombat, a fast-growing Telegram-based crypto game, is making waves in the gaming world with its unique play-to-earn model. Launched in March 2024, the game has quickly gained traction, attracting over 300 million players within its first five months. Hamster Kombat brings players into the role of a hamster CEO
August 30, 2024 2 mins read
CoinSwitch, an Indian Cryptocurrency exchange is suing its rival, WazirX, to recover $9.6 million in assets that have been stuck on WazirX’s platform since a $230 million cyberattack in July. CoinSwitch announced that legal action on X had failed after multiple attempts to resolve the issue directly. These trapped assets
August 30, 2024 2 mins read
