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%
Solana’s surge has been exceedingly spectacular, with the price rising to unprecedented levels. Despite the recent brief correction, Solana (SOL) has made quite an impact, with a price increase of 140% in the last 30 days. While wallets linked to the defunct FTX exchange continue to trade millions of dollars
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
The Cardano Foundation has made substantial progress in enhancing the Cardano blockchain experience for developers. Developers of Cardano apps will benefit from a new Java-based data provisioning tool that streamlines data retrieval and indexing. Known as “Ledger Sync,” this cutting-edge tool is one component of the Cardano Foundation’s drive to
As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred
The price of Cardano (ADA) rose to over $0.37, up roughly 51% in the last 30 days. The protocol’s Total Value Locked (TVL) has increased by nearly 380%, reaching $251 million. This is quite close to the all-time high of $322M, reached in March of last year. There may be
The crypto market is now in a bullish trend, with Bitcoin trading firmly over $36,000 and altcoins enjoying huge increases. With Ethereum’s recent price increase, the cryptocurrency market as a whole has been trading in the green. The price of Solana (SOL) increased thanks to the general upbeat mood in
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
The rate at which Cardano releases new features and upgrades has always been called into question. In an interview at the recent Cardano Summit in Dubai, Frederik Gregaard, CEO of the Cardano Foundation, addressed these worries head-on, casting the network’s methodical development as a virtue. Gregaard is quoted as saying
As part of its bankruptcy procedures, the defunct crypto exchange FTX has been aggressively selling off some of its cryptocurrency holdings over the last several weeks. Lookonchain conducted an investigation of FTX transfers and found that more than half of all FTX transfers involved Solana (SOL). In preparation for a
