In an unusual event, a Binance wallet spent a massive $859,000 in Ethereum gas fees within an hour while consolidating funds, per crypto data firm Kaiko. On September 21st, a Binance-owned wallet rapidly became the top gas spender on Ethereum as it shifted ETH balances internally. From 9:30 AM to
September 26, 2023 2 mins read
Veteran Cardano developer Dave Beaumont has launched a proof-of-concept for hosting static websites entirely on the blockchain. His test demonstrates an intriguing new use case for the leading smart contract platform. On September 6th, Beaumont revealed the first-ever website hosted fully on the blockchain in collaboration with the decentralized storage
September 7, 2023 2 mins read
A key member of the Shiba Inu developer team is encouraging the community to start building on the recently launched Shibarium layer-2 blockchain. Shiba Inu’s lead community manager and marketing expert, known on Twitter as @LucieSHIB, posted that with Shibarium now live, third-party developers and companies waiting to create on
September 7, 2023 1 min read
The developers behind popular meme coin Shiba Inu have highlighted upcoming areas of focus as adoption of their Shibarium layer-2 blockchain continues to rise swiftly. According to screenshots shared by team member Lucie, lead developer Shytoshi Kusama stated that the burn portal and renouncing the BONE contract are new priorities.
September 5, 2023 1 min read
Visa is bringing its stablecoin settlement pilot to the Solana blockchain, enabling high-throughput transactions with negligible costs for issuers and merchants using USDC. The move comes after an extensive evaluation of Solana’s speed, costs, and decentralization. Visa cited demand from clients to leverage newer, high-performance chains for moving USDC settlements.
September 5, 2023 2 mins read
Shiba Inu’s native token, BONE, has blasted past a major adoption milestone, topping 190,720 holders amid growing excitement for the upcoming Shibarium Layer 2 launch. According to data from IntoTheBlock, the total number of addresses holding BONE has steadily climbed, recently reaching a record high of over 190,720. This 50%
August 31, 2023 1 min read
Bitcoin has regained the spotlight following a legal victory by Grayscale this week. And now, $30,000 emerges as the next key milestone, according to on-chain analytics by IntoTheBlock. Approximately 6.2 million Bitcoin addresses acquired coins between the current price and $30k. This represents around 2.6 million BTC worth of ‘underwater’
August 31, 2023 2 mins read
Robinhood has announced several major expansions to its self-custody cryptocurrency wallet in response to user feedback. According to the company, the Robinhood Wallet has seen significant global adoption with hundreds of thousands of users across over 140 countries since its public launch six months ago. In a recent blog post,
August 31, 2023 1 min read
Shiba Inu’s layer-2 scaling solution, Shibarium, has seen exponential growth over the past day according to recent data. The total number of addresses on the Shibarium network has tripled to 337,000 in just 24 hours. Alongside the flood of new addresses, transaction activity is also skyrocketing. Over 540,000 transactions have
August 30, 2023 1 min read
XRP rallied strongly in July, surging 47.6% on the heels of a favorable court ruling in Ripple’s ongoing legal battle with the SEC. But the winds have now shifted for the fourth-largest cryptocurrency by market capitalization. Despite logging its second-best July price performance on record, Ripple appears on track for
August 29, 2023 2 mins read