In July 2024, WazirX, a major Indian crypto exchange, suffered a major hack. Which caused a loss of over $230 million. For months, affected users were left uncertain about whether they would recover their funds. Recently, movements of $200 million on the blockchain have created speculation that Binance, the world’s
Since Bitcoin became the first cryptocurrency in 2009, there are now thousands of cryptocurrencies. Solana is a popular cryptocurrency and has long been a favorite among crypto investors. What is Solana? Solana is known for its high-speed transactions and extremely low fees, making it one of the fastest growing blockchains
Long-term Bitcoin holders were one of the biggest winners in crypto. These traders are now sitting on substantial holdings, with money to spare to invest. Some are looking to replicate these early gains, with a mix of memecoins like Doge, utility tokens like AVAX and early-stage projects like Cutoshi. Doge
Aave (AAVE) has experienced a notable surge in price, reaching $389.52 before settling at $366.47, reflecting a 2.69% increase in the past 24 hours. This uptick is significant given the current market conditions, with AAVE’s market cap now sitting at $5.49 billion, up by 2.68%. The token’s trading volume has
Solana blockchain is known for its fast transaction processing in the industry from the beginning. According to the latest report, Solana is the number one blockchain ecosystem for new developers. In terms of the new developers activity, Solana surpassed Ethereum, the world’s first and largest blockchain ecosystem for dApp development.
A computational problem that would take one of the top supercomputers around ten septillion years to complete may now be solved in less than five minutes, according to Google’s Quantum AI team’s new quantum computing chip. In a blog post on December 9, Google’s Quantum AI head Hartmut Neven explained that
It is with great pride that DWF Labs, a new generation Web3 market maker and cryptocurrency investor, announces that they have signed a Memorandum of Understanding (MOU) with The Blockchain Center Abu Dhabi. DWF Labs’ dedication to fostering innovation and development within the Web3 ecosystem is once again shown by
The first perpetual decentralized exchange (Perp DEX) on Flare, SparkDEX Eternal, has officially launched, according to SparkDEX. Flare users may now use perpetual contracts into their trading strategies thanks to this innovation. Without having to purchase the underlying instruments, SparkDEX Eternal gives traders and liquidity providers the chance to manage their exposure
In order to facilitate a new era of sustainable token economies, Quadratic Accelerator (q/acc) has successfully gone live on Polygon zkEVM. By using Augmented Bonding Curves (ABC) and Quadratic Funding (QF), the protocol reimagines conventional token generation events to provide more fairer and robust token launches based on long-term value creation and community
The Pudgy Penguins NFT collection has skyrocketed in value, now becoming the world’s second most valuable NFT set, surpassing the Bored Apes Yacht Club. This surge follows a major milestone in the NFT space as the floor price for a Pudgy Penguin crossed $100,000 for the first time. With 8,888
