In a significant move for the cryptocurrency world, the Shiba Inu (SHIB) token has seen a massive burn of 1,695,572,371 tokens. This substantial transfer has been completed by sending the tokens to a “dead wallet,” effectively removing them from circulation. This development is significant for several reasons. First and foremost,
Optimism, an Ethereum-based layer 2 companion blockchain, is going to utilize the Ethereum Attestation Service (EAS). The Ethereum Attestation Service (EAS) is an on-chain attestation system. That enables users to assess the integrity of the platform’s users and vouch for whether anything transpired on the blockchain. The Ethereum Attestation Service
The Shiba Inu burn initiative is one of the prominent developments by the meme coin team. The burn initiative was put in place to reduce the circulating supply and induce a price hike in the long term. The burn rate that had been on the downhill run over the past
Coinbase, a leading cryptocurrency exchange, has recently announced its Q1’23 financial results in a tweet. The full letter to shareholders can be found on the company’s Investor Relations website. The tweet also stated that Coinbase has been focused on building an increasingly efficient business that can do more for less.
Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and
One of the oldest Dogecoin Whale wallets put an end to its long-term dormancy on Thursday. According to the crypto whale tracker Whale Alert, the record shows the transfer of 1,556,994 DOGE that had been inactive for 9.3 years from the wallet. 💤 A dormant address containing 1,556,994 #DOGE (123,155
The world of cryptocurrency is known for its unpredictability, and one coin that has been creating a lot of buzz lately is Dogecoin. Many investors and enthusiasts are wondering whether Dogecoin will ever hit the elusive $1 mark. While there are a lot of opinions on the matter, some experts
Bobo token price movement in the last 24 hours shows the altcoin has been trading in a horizontal trendline, with higher highs set at $0.00000001908. The bears staged a comeback and knocked the price to a low of $0.000000006691. Since then, BOBO prices have been falling continuously, with bears likely
The current enthusiasm for memecoin has led to higher gas costs on the Ethereum network, which peaked at 87 gwei on May 2. This price rise is the consequence of the enthusiasm causing excessive congestion. Last time Ethereum median gas was this high was in May 2022 ⛽️ source: https://t.co/bjIOV2m4Cd
The Bitcoin (BTC) trading price has been on the move since the beginning of 2023. Bitcoin has steadily risen since the digital token recorded a price below the $6,000 level in 2020. Pierre Rochard, VP of Research at Riot Platforms, recently claimed on Twitter that data invalidates the belief that
