According to data from the Puppyscan explorer, there has been a notable increase in the number of Shibarium testnet transactions over the past two days. The total transaction count has reached nearly 29 million, and if this growth rate continues, it may reach the milestone of 30 million by the
July 12, 2023 1 min read
The market capitalization of the Shiba Inu, SHIB, has experienced a significant increase of half a billion dollars within a month, as reported by CoinMarketCap. This notable surge can be attributed to the token’s price rebounding strongly after a substantial 31% decline in a single day. Investors in SHIB have
July 12, 2023 1 min read
Algofi, a decentralized finance protocol operating on the Algorand blockchain, has announced its decision to cease operations due to a combination of factors that have made it challenging to maintain the protocol at its desired level of quality. The platform, which facilitates lending, borrowing, and trading, will soon transition into
July 11, 2023 1 min read
Bitrue, a crypto exchange, has recently listed a token called Doge Killer (LEASH), which is part of the Shiba Inu trifecta. This meme coin ranked 385th on CoinMarketCap, has gained attention from the Shiba Inu team, particularly from marketing specialist @LucieSHIB, who expressed excitement with a “Woof!” comment. Bitrue will
July 11, 2023 1 min read
LEASH and Shiba Inu (SHIB), two tokens from the Shiba Inu ecosystem, have gained attention as they currently rank high on CoinMarketCap’s (CMC) list of top-trending cryptocurrencies. LEASH holds the top position, while SHIB secures the second spot among the top five trending cryptocurrencies. SHIB has experienced a significant increase
July 10, 2023 1 min read
Hedera, a leading decentralized public network, recently submitted its recommendations and feedback to the U.S. Securities and Exchange Commission (SEC) regarding the proposed amendments to Exchange Act Rule 3b-16. These amendments aim to redefine the term “exchange” and carry potential unintended consequences for the emerging Web3 and distributed ledger technology
July 10, 2023 2 mins read
Litecoin (LTC) is currently experiencing price fluctuations. Over the past 24 hours, the digital currency has seen a decrease of 2.2%, trading at $98.14. Despite the recent volatility, Litecoin has demonstrated growth of 17% on the weekly chart. The broader cryptocurrency market has witnessed a mix of positive and negative
July 6, 2023 1 min read
Shibarium, an upcoming project associated with the SHIB token, has announced the development of a new burning mechanism that aims to burn a significant number of SHIB tokens. Shytoshi Kusama, the lead developer of SHIB, has confirmed that the launch of the project has been scheduled and is not subject
July 6, 2023 1 min read
Despite the recent surge in Ethereum (ETH) prices, network activity on the blockchain has not experienced a significant boost, according to a recent report by Glassnode. The report highlights that gas prices, which serve as a measure of blockspace demand, have remained relatively low despite the price rally. Ethereum Prices
July 5, 2023 2 mins read
Binance, a prominent cryptocurrency exchange, has announced the temporary suspension of support for eight Multichain-bridged (MULTI) tokens starting from July 7. The decision is a result of issues encountered with certain cross-chain routes within the protocol. According to an update shared on July 5, Binance users will be unable to
July 5, 2023 1 min read