Shiba Inu’s Layer-2 blockchain, Shibarium, has recently achieved an average block time of 5 seconds, making it one of the fastest Layer-2 blockchains in the cryptocurrency realm. Despite this, SHIB’s price has remained stable at $0.0000008, leading many holders to withdraw their tokens from exchanges. However, on-chain data suggests that bullish times may be on […]
The Bitcoin network has achieved a significant milestone, with a record 400 th/s hash rate. This comes at a time when the world is facing an energy crisis, highlighting the need for sustainable mining solutions.The hash rate is a measure of the computing power of the Bitcoin network, and is used to secure the network […]
Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, and marks a major milestone for the Shiba Inu project.Shibarium has already boasted over 65k wallets and processed 350 transactions. […]
The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new inflows and money leaving the crypto sector faster than it is coming in. This has put additional […]
Crypto enthusiasts can now optimize their rewards with Carbon’s strategy. The process involves obtaining $SWTH on Demex, transforming it into rSWTH via StaFiHub, bridging it to Terra with TFM, and staking it on Terra’s staking platform. Rewards include both SWTH and LUNA. Additionally, Alliance staking rewards are now active for both 0xcarbon and Migaloo_Zone LSTs […]
JPMorgan’s head of technical strategy, Jason Hunter, has warned that the stock market may see further moves to the downside in the short to midterm. Hunter believes that the “tide is turning” for the S&P 500 after the stock market index printed a recent high of 4,607 points. He also noted that JPMorgan is currently […]
Pomerdoge (POMD) is a new project that is quickly gaining attention from investors due to its ability to endure the current unfavorable trend in the crypto market. The project offers great earning opportunities, including rewards in the game, staking with a fixed APR of 10%, and a collection of 7,777 NFTs scheduled for publication in […]
Indian Prime Minister Narendra Modi recently discussed the intricate dynamics of emerging digital technologies in an in-depth interview with Business Today. He highlighted the need for a global framework and regulations for blockchain and cryptocurrencies, which have transcended borders and grown in significance. Modi noted that a global consensus-based model is needed, especially one which […]
Friend.tech, a social media platform that initially gained attention for its rapid growth, has been hit hard by a sharp decline in crucial metrics, leading many to question its viability in a competitive landscape. The platform’s success was short-lived, as daily transaction fees and volumes plummeted by more than 87% and 90%, respectively.The bots that […]
At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]
