Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation
As per the crypto whale alert, 97,858,390 #BUSD (97,868,345 USD) have been burned at Paxos Treasury following the recent crackdown of authorities. Previously, in the second week of this month, Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, burned more than $700 million of BUSD tokens. That
The two Solana shops will be shut down since they were unable to attract as many customers as expected. The company announced the closures through Twitter on February 21 and included a message from founder Vibhu Norby. Norby had launched Solana Spaces in the first half of 2022. He said
Polygon (MATIC) has been a top performer this past week, and with its recent Dogecoin flip, it may be trying to overtake Cardano and Binance USD next. Although the industry as a whole has felt the effects of Bitcoin’s surge to over $25,000, no other altcoin has witnessed benefits on
The Floki ecosystem is added to the list of significant big shots that contributed to Turkey’s earthquake. On Monday, Floki announced an NFT sale to support earthquake relief efforts in Turkey. That featured “Turkey’s flag” in the form of 1.08 mins video and was named “Floki’s Turkey Earthquake Relief NFT”.
After facing the two major collapses in the year 2022, many thought the crypto industry might not see the daylight ever again. But this present year 2023, gave a great start for the assets in blockchain technology. The cryptocurrency idols, Bitcoin (BTC) and Ethereum (ETH) are sailing in the better
Mykhailo Fedorov, the minister in charge of Ukraine’s digital transformation, said in an interview that he plans to speed up the process of creating the country’s electronic hryvnia (e-hryvnia). When the pilot phase was first proposed, it was set to begin in 2024, but the government has decided to move
FLOKI, a dog memecoin’s price is spiking and trending among the other cryptocurrency in the market. This week in particular is turning out to be positive and profitable for the major meme tokens. To specify in particular, Baby Doge coin, Shiba Inu, Dogecoin, and FLOKI are hitting the headlines in
Circle, the company that issued USD Coin, has refuted that it was served with a “Wells Notice” due to the stablecoin’s tie to the US dollar. On February 14, Fox Business reporter Eleanor Terrett tweeted that the U.S. Securities and Exchange Commission (SEC) had ordered Circle to stop selling USDC
Baby Doge Coin (BABYDOGE) is emerging as the third top memecoin in the crypto industry. The market capitalization held by the overall memecoins equals $20.8 million, with a 2.2% increase in the last 24 hours. Whereas Dogecoin and Shiba Inu cumulatively hold $19,350,710,336. As for the memecoins trading volume, it
