A recent tweet from a Shiba Inu official account provided insight into the delayed launch of the highly anticipated Shibaswap 2.0 platform. Shibaswap 2 aims to evolve into a sophisticated decentralized application (DApp) that goes beyond a basic decentralized exchange. According to the tweet from SHIB’s spokesperson, the intricate design
November 15, 2023 1 min read
The prices of Layer-2 protocols Polygon (MATIC) and Immutable (IMX) have surged after a report found the two led the growing blockchain gaming sector. This expanded dominance has boosted the investment appeal of both cryptocurrencies. Polygon spiked as much as 10% on Wednesday to $0.97, while Immutable likewise gained 8%
November 14, 2023 2 mins read
XRP is working to recover after a bogus filing briefly sent prices surging earlier this week. The token is up slightly over the last 24 hours, making it one of the only top 10 cryptos in green. On Monday, rumors circulated on Twitter that asset manager BlackRock had filed to
November 14, 2023 2 mins read
A highly realistic deepfake video impersonating Ripple CEO Brad Garlinghouse has recently emerged, attempting to deceive XRP investors into participating in a fake giveaway scam. The video, featuring a voice that accurately mimics Garlinghouse, promotes a fraudulent “community support initiative” that promises to double any XRP deposits over 1,000. This
November 13, 2023 2 mins read
The developers behind the popular meme coin Shiba Inu have sparked excitement and speculation with a cryptic riddle teasing the cover of the project’s upcoming magazine release. A tweet from the official Shiba Inu account posed a mystery about who will “grace the cover” of the second edition of the
November 13, 2023 2 mins read
Shiba Inu’s layer-2 solution Shibarium has seen a spike in daily transactions, demonstrating growing usage but also raising concerns around scalability. According to data from Shibarium Scan, the protocol’s total daily transaction count jumped from 9,230 on November 11th to 10,880 on November 14th. However, the average block time rose
November 13, 2023 1 min read
Polygon’s native token, MATIC, has staged an impressive comeback over the past few weeks. The cryptocurrency has risen back to $0.80 and boosted its market capitalization by 54% in just three weeks, according to on-chain analytics firm Santiment. This recovery comes on the heels of a prolonged bear market for
November 9, 2023 3 mins read
The meme-inspired cryptocurrency Shiba Inu (SHIB) saw a massive boost to its deflationary burn rate on Thursday, just as prices rebounded from recent lows. According to data from burn tracker Shibburn, a total of 9.6 million SHIB were sent to dead wallets in the past 24 hours. This represents a
November 9, 2023 2 mins read
Cryptocurrency exchange LBank tweeted that Memecoin (MEME) is a top trending token to watch currently, sparking buzz around the meme-inspired asset. Shortly after, data revealed that two enormous “whale” wallets scored tens of millions in MEME tokens via free airdrops. LBank tweeted that Memecoin, which is backed by the Memeland
November 8, 2023 2 mins read
Cardano (ADA) has seen a surge in large investments despite little price movement, according to data from analytics provider IntoTheBlock. Over $600 million worth of ADA has recently been accumulated in the $0.249 to $0.271 price channel. This indicates major investors are taking positions in anticipation of a breakout. An
November 7, 2023 2 mins read