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Search Results for: Ethereum

Shiba Inu Community Warned About Fake SHIB 2.0 Impersonator

ShibArmy Scam Alerts, a Twitter account dedicated to exposing scams and protecting Shiba Inu users, has informed the SHIB community about potential scams involving SHIB 2.0. In a recent tweet, @susbarium cautioned the SHIB community about tokens originating from addresses claiming to be associated with SHIB 2.0. The community was

July 4, 2023 1 min read

Centralized vs Decentralized Crypto Exchanges

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

July 4, 2023 7 mins read

What are Layer 0, Layer 1, Layer 2, and Layer 3 Blockchain in Crypto?

Blockchain technology has revolutionized how information is stored and transferred, particularly within the realm of cryptocurrencies. With its transparent and decentralized nature, blockchain layer has become a breakthrough innovation of the 21st century. However, understanding the intricate workings of blockchain can be challenging. In this article, we will simplify the

July 4, 2023 4 mins read

Rally in Cardano, Solana, Polygon Despite Regulatory Setbacks

In recent news, the popular banking and crypto trading platform Revolut announced its plans to delist three major cryptocurrencies: Cardano (ADA), Solana (SOL), and Polygon (MATIC), from its trading platform in the United States by September 18.  The decision was reportedly influenced by shifting laws and regulations surrounding cryptocurrencies in

July 4, 2023 2 mins read

ChatGPT Plugin Goes Live For Compound, Chainlink, and VC Spectra

It was only a matter of time that AI (artificial intelligence) and blockchain technology combined. ChatGPT has become common in crypto, used for everything from gathering data to predicting prices. For the latter, the bot has suggested Compound (COMP), Chainlink (LINK), and VC Spectra (SPCT) as favorites. Compound (COMP) and

July 4, 2023 3 mins read

TRON’s Phenomenal 5-Year Run: Over 2 Million Active Addresses Fuel the Success

In a stunning display of digital prowess, TRON outshines its competition with an impressive 2 million daily active addresses, driving a renewed wave of global interest in its potential.  💥 @trondao continues to dominate the market, in terms of daily active addresess. With over 2 million daily active addresses, #Tron

July 4, 2023 2 mins read

Altcoins are Pumping as Bitcoin Dominance Drops by 2%

Bitcoin’s dominance is currently 49.26%, which experienced a decrease of 0.31% in 24 hours over the day. This sent shockwaves to Bitcoiners, as the cryptocurrency has been facing a downtrend in the past week. Meanwhile, just like when the lion sleeps and other wild animals roam the forest liberally, the

July 3, 2023 3 mins read

Poly Network Exploit Leads To Temporary Shut Down of Operations

After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability platform, was severely hacked over the weekend when an attacker used a flaw in the cross-chain bridge protocol to generate billions

July 3, 2023 1 min read

Identical Azuki Elemental NFT Leads to Overall NFT Market Drop

The Azuki Elementals airdrop last week resulted in a dramatic decline in the NFT market, which has continued over the last 24 hours. Popular crypto researcher Colin Wu cites statistics from NFTGo to explain the decline. Affected by the Azuki incident, the NFT market fell sharply again in the past

July 3, 2023 2 mins read

Vitalik Buterin Reveals Staking Only Tiny Portion of ETH

Vitalik Buterin, one of Ethereum’s founders, has said that he does not stake all of his Ether since multisignature wallets are “complicated in a bunch of ways.” Buterin explained the “biggest reason” he is only staking a tiny portion of his ETH on the June 29 edition of the Bankless

July 2, 2023 1 min read