Shiba Inu (SHIB), the popular meme coin, has experienced an astounding surge in its burn rate, leading to the removal of a staggering number of tokens from circulation. According to data from Shibburn, the burn rate of SHIB skyrocketed by more than 3,800% on July 10, resulting in the permanent
There will soon be a new decentralized payment system, powered by Cardano’s layer-2 solution Hydra Head and compatible with the Web3.0 wallets on the network, according to a recent update released on Twitter by the renowned ADA Whale. The ADA Whale update states that the service to settle future payments
There was a SIM swap assault on the Gutter Cat Gang NFT project, and more than $765,000 worth of NFTs were taken. Several members of the NFT community brought attention to the security breach at approximately 8:00 pm UTC on 7 July. Gutter Mitch, the co-founder of the Gutter Cat
After a recent bear push that affected the crypto market, popular on-chain data aggregator Santiment tweeted that XRP and ADA had strong possibilities of a return in the near future. Santiment reports that after last week’s spike in gains, several cryptocurrencies including XRP and ADA being sold at a loss.
Verge (XVG), the prolonged dead crypto currency, has experienced an unprecedented surge in trading volume, skyrocketing by a staggering 383% within the last 24 hours to record $507 million. Also, the Verge (AVG) price soared over 300% in a week. This remarkable rally in the crypto has propelled Verge to
Regarding Bitcoin, the next key event is just around the corner: the ‘halving.’ Bitcoin halving refers to the decrease in rewards for Bitcoin miners, occurring every 210,000 blocks mined or approximately every four years. This event is critical in maintaining the cryptocurrency’s scarcity and value over time. However, a new
The crypto market has continued to evolve with the arrival of new memecoins. Those memecoins have captured the attention of investors with sudden price surges. SHIB2.0, the recently launched memecoin, has experienced a massive surge after its launch. Among the vast array of memecoins that have emerged, SHIB2.0 has recently
Shiba Inu (SHIB), the popular dog-themed memecoin, has experienced significant outflows from exchanges that have occurred within the last week. There are around 500 billion SHIB tokens that have been moved out of the wallets of investors. This sudden movement of SHIB tokens reflects growing investor concern about the future
Casa, a cryptocurrency self-custody platform, recently added support for Ether storage, claiming this to be a first in the market alongside its support for Bitcoin self-storage. Moreover, Casa has been advocating for multisignature self-custody in the cryptocurrency space since its creation in 2016. Its flagship Bitcoin vault has multi-key encryption,
On Wednesday, Bitcoin and Ethereum values touched their highest point in six weeks, marking a general resurgence in the cryptocurrency market. In the previous day, the price of Bitcoin has increased by 8% to over $29,000, while the price of Ethereum has increased by 6% to over $1800. Meanwhile, in
