The memecoin has witnessed significant growth in recent days with the arrival of new coins and has captured the attention of investors in the crypto market. Lookonchain, the on-chain data analytics platform, has reported suspicious wallet transactions, which made most of the profits on memecoins in May 2023. 1/ This
The crypto market has continued to witness the tremendous hype of memecoins since the beginning of 2023. A torrent of events — from Shiba Inu’s Shibarium, and Dogecoin’s Twitter cameo to viral PEPE and emerging new memecoins — locked investors in the “memecoin season.” In the middle of this meme
Vitalik Buterin, the co-founder of Ethereum (ETH), recently addressed a conference gathering and referred to Solana as the most scalable blockchain. This remark has caused a stir in the community since it seems to suggest that Buterin agrees that Solana is more scalable than Ethereum. The token used by the
Dan Berkovitz, the former CFTC Commissioner, mentioned in the latest episode of the Unchained podcast that there is a possibility of considering Ethereum’s native Ether token as both a commodity and a security. In addition to his role as former CFTC Commissioner, it is worth noting that Dan Berkovitz also
The crypto market has experienced a downtrend in recent times. The trading volume of the largest assets by market capitalization is plummeting to too low levels and has shown historically low levels of weekly trading volume. 📉 The largest assets in #crypto are seeing historically low levels of weekly trading
The new “Phygital” Toy Collection & Experience for the popular NFT collection Pudgy Penguins on the online retail behemoth Amazon has resulted in skyrocketing curiosity and sales. Over 20,000 Pudgy Penguins were sold in the first two days, resulting in sales of over $500,000, as reported by Luca Netz, CEO
On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
Polygon Network, a platform to build and scale decentralized applications and projects, emerges as the most popular blockchain for Web3 adoption by major brands. It became the go-to place for companies seeking to enter Web3 by surpassing Ethereum. In 2022, Ethereum was the most popular destination for major brands. The
Polygon’s zkEVM, the Zero-Knowledge Ethereum Virtual Machine, has witnessed an extraordinary surge in Total Value Locked (TVL) and transaction volume, signaling remarkable growth for the network. This surge brings forth several significant advantages, including reduced fees and accelerated adoption of decentralized finance (DeFi) protocols. Growth and transaction volume on Polygon
A groundbreaking development in the world of crypto transactions has been introduced. Notably, a new method of buying and selling Ethereum (ETH) has emerged, promising an unprecedented feature – zero fees. Moreover, the innovation has the potential to revolutionize the way individuals engage with and transact in the popular crypto.
