Users of the Reddit subreddit r/CryptoCurrency saw a significant increase in the value of their native token, r/CryptoCurrency Moons (MOON), on Monday after hearing rumors that Kraken, a cryptocurrency exchange, could list Moons. According to CMC, the token’s price increased by 72 percent in the last 24 hours, bringing it
What Is a Centralized Crypto Exchange? A crypto exchange functions as a marketplace where individuals can engage in buying and selling digital assets, such as cryptocurrencies. A centralized cryptocurrency exchange functions as a digital currency trading platform, where a central entity serves as an intermediary between buyers and sellers of
ERC20 tokens are a standardized framework for creating and implementing smart contracts on the Ethereum blockchain. These tokens, exclusive to Ethereum, embody a set of guidelines that cryptocurrencies can adhere to, facilitating seamless interaction within the Ethereum ecosystem. The principal objective of ERC20 tokens revolves around their compatibility with smart
In an exciting and consequential revelation, Uniswap has announced its vision for v4, promising ground-breaking changes that could redefine the future of decentralized finance (DeFi). Significantly, this update places Uniswap as a critical component of financial infrastructure, a testament to its burgeoning influence in the blockchain space. A Leap Towards
Avalanche, a leading blockchain platform, is set to introduce the Avalanche Arcad3. In the rapidly expanding world of blockchain, Web3 gaming has become a major development. Web3 integration in the gaming sector has constantly enhanced the user’s experience in gaming. Avalanche is adding an enhanced Web gaming experience with the
USDC, the leading stablecoin issued by Circle, has made a significant breakthrough by becoming available natively on Arbitrum, a prominent layer 2 scaling solution for Ethereum. This development eliminates the need for bridging and offers developers and users seamless access to USDC on the Arbitrum network. 1/ Launch alert 🚨
As answers from the Multichain team are still needed, the biggest cryptocurrency exchange in the world, Binance, said on Thursday that it will temporarily ban deposits for certain bridging network tokens. Meanwhile, a number of reports have surfaced suggesting that Zhao Jun, co-founder, and CEO of Multichain, has disappeared and
Setting a new NFT standard, taking NFTs from Pictures to Products SAN FRANCISCO–(BUSINESS WIRE)–#4Million—Vibe.xyz announces the launch of their comprehensive non-fungible token (NFT) platform that sets out to create the paradigm shift of “NFT-to-Product”, the new standard of non-fungibility by providing creatives the tools to curate and customize their NFTs.
Recently, Arbitrum, a top Layer-2 scaling solution for Ethereum, began distributing its governance token, ARB. The network has allocated 1.13 percent of its total token supply of 10 billion to airdrops for eligible DAO projects as part of its strategy. The full distribution of the DAO airdrop will take place
Term Labs announced on April 12 it had successfully launched its first testnet auction, cleaning $22.4 million in USDC loans against ETH at 2.96% interest over a four-week term. “We were pleasantly surprised to see the auction clear within a few basis points of the current midpoint of Compound Finance’s
