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Search Results for: Ethereum

Layer 2 Crypto Projects Bringing Community Background in Huge, Are They?

On the global crypto market, there are several Ethereum Layer 2 (L2) Crypto Projects kept in the process. Some of them include Polygon (MATIC), Shibarium (SHIB), and Arbitrum (ARB). Get dive in with the most popular Layer 2 projects among the communities in the crypto market  Polygon Polygon (MATIC), one

July 11, 2023 2 mins read

Prominent Investor Predicts Massive Price Surge for Solana (SOL)

In the last week, the cryptocurrency market as a whole has been on the upswing, with Solana (SOL) at the forefront with a 15.54% surge in the last 7 days. Solana (SOL) is up 7.02% at $22.14, with a market valuation of $8.8 billion as of press time. Raoul Pal,

July 11, 2023 1 min read

Polygon (MATIC) Price Rallies 9%, Reasons Behind the Surge

Polygon (MATIC) price continues to surge, benefiting from the positive momentum generated by the Polygon 2.0 initiative. The recent expansion of the blockchain’s network capabilities contributed to a significant surge in the MATIC price.  As of now, MATIC is at $0.7412, with a 24-hour trading volume of $530,110,599. Within the

July 11, 2023 1 min read

DeFi Protocol Arcadia Finance Hacked for $455,000

Arcadia Finance, a protocol for non-custodial decentralized finance (DeFi), was hacked for over $455,000 due to a flaw in the code. The breach on Arcadia Finance was brought to light by blockchain investigator PeckShield. It attributed it to “the lack of untrusted input validation.” It was claimed that the code

July 11, 2023 1 min read

Crypto.com App Now Offers On-chain Staking

In select markets, the Crypto.com App now offers on-chain staking, which it recently announced. Users may get rewards while actively supporting the project they back through on-chain staking. On-chain Staking Explained By locking up their tokens and aiding in network security via staking, individuals may take part in a specific Proof

July 10, 2023 1 min read

Users Buying Cryptocurrencies at Huge Discounts on Binance U.S

There is a discount of around $2600 and $150, respectively, on the global spot price of Bitcoin and Ethereum, which are now trading near $27,500 and $1700 on the Binance U.S exchange. Following the US SEC lawsuit and the suspension of USD deposits and withdrawals, USDT has remained depegged to

July 10, 2023 1 min read

Swaap v2 Launches: Revolutionizing DeFi Market Making with Secure, Autopilot Strategies

Paris, France, July 10th, 2023, Chainwire Leveraging its successful $4.5m fundraising, Swaap launches its v2 protocol, bringing easy-to-use and powerful market-making strategies to the global DeFi community. Swaap v2 is unique in addressing key challenges such as impermanent loss which have plagued Liquidity Providers. Swaap, the cutting-edge market-making protocol for

July 10, 2023 3 mins read

Chaos on Binance US: Top Stablecoins Hit by Silent Crisis

Hacks and phishing attacks of different kinds invaded the crypto landscape in the first week of July. As a result, two major stablecoins breached their stable grounds, recording extreme lows on Binance US.  On July 9, around 00:00 UTC, the largest stablecoin, Tether (USDT), depegged from its $1 parity and

July 10, 2023 1 min read

Huge Funds Outflow from Multichain Protocol Raises Questions

According to on-chain analyst Lookonchain, Fake_Phishing183873 got 5,434 ETH after swapping 10.2M $USDT received from Multichain through anyUSDT Token address. Additionally, yesterday Fake_Phishing183873 got 67.76 $WBTC ($2.05M) from Multichain to the anyWBTC Token address. Fake_Phishing183873 received 10.2M $USDT from #Multichain: anyUSDT Token address 7 hrs ago and swapped 10.2M $USDT

July 10, 2023 2 mins read

Britanniacoin’s Official Pre-release: introducing a unique vision for the future

London, United Kingdom, July 8th, 2023, Chainwire Aptius Ltd, a British financial enterprise, has developed a new cryptocurrency called BritanniaCoin which will be available for pre-sale from June 18th onwards, ahead of its launch later this year. BritanniaCoin is a British-built blockchain that introduces real-world applications while honouring British cultural

July 8, 2023 3 mins read