Recent statistics indicate that widespread use of XRP is still in its infancy, with over 3.6M wallets holding less than 500 XRP. Nonetheless, around 17% of all XRP wallets were established since the beginning of 2023, suggesting growing interest. When compared to the previous value of $7.16 billion in October
Solana co-founder Anatoly Yakovenko is citing an “obvious” use of cryptocurrencies and blockchain technology. Yakovenko cites straightforward payments as an example of an application of digital assets that may benefit everyone in a recent interview with Austin Federa, Head of strategy at the Solana Foundation. Solana validator indicators such as
In November 2022, the crypto world witnessed a shattering chapter in its history with the collapse of FTX, a once-prominent crypto exchange. What initially appeared as a mere accounting oversight soon unveiled itself as a massive fraud, resulting in the loss of billions of dollars for customers and investors. Shockingly,
The escalating Hamas-Israel confrontation is having repercussions beyond the realm of politics. There are also indications of trouble in the cryptocurrency sector. Bitcoin and other cryptocurrencies are already feeling the heat. Traditional equity investments have seen a decline in popularity among investors. The trend now is clearly towards safer assets
Solana’s inflows spiked dramatically last week, putting it above all other altcoins and even Bitcoin. According to a new report from Coinshares, Solana has been receiving a lot of attention due to its recent achievements. The cryptocurrency has gathered about $24 million, marking its greatest influx since March 2022. The
The price of Bitcoin did not see enough volatility over the weekend to push it beyond $28,000 as bearish sentiment looms. Moreover, the bulk of altcoins, including the top 20, have been stuck in a flat trend, with an inclination towards the downside. An in-depth analysis of the Solana ecosystem,
Cardano co-founder Charles Hoskinson has dispelled certain myths and clarified some worries about the Hydra project. Hoskinson made a concerted attempt to clarify and transparently dispel claims of dishonesty over the throughput capacity of Hydra in a recording released on Wednesday. In order to improve Cardano’s scalability, the protocol, which
Toncoin, the native token of the well-known TON blockchain, is currently making significant waves in the crypto market, experiencing an impressive surge of 9% in the past 24 hours, climbing from $1.9682 to $2.12. This recovery comes after a week of downward price movement, during which it faced a 5%
CertiK has recently identified new behavior associated with the infamous FTX hacker. In this case, CertiK Alert detected a large bridge transaction involving 5,624 ether and Bitcoin. Moreover, the hacker transferred 7,500 Ether and 9,375 Ether to EOA. Around 15,000 ETH were discovered to have been converted to BTC by
According to a tweet published by the market analytics portal Santiment, yesterday saw the biggest Polygon (MATIC) transaction since July 2023. According to the announcement, a whale transferred about 37 million MATIC tokens from a Proof of Stake (PoS) wallet to a 3-year old wallet. It was calculated that the
