The IOTA Foundation has been working to bring the ShimmerEVM mainnet to the market. Web3 Builder and Venture Fund Nakama Labs has recently shared an update on how it’s battle-testing the ShimmerEVM beta version by conducting some spam attacks on ShimmerEVM. The testnet chain has achieved a peak of 700 transactions per second (TPS), resulting […]
Hashdex, a crypto asset management company, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold actual spot Bitcoin. Exchange-traded funds, or ETFs, are investment funds that track BTC’s value and trade on traditional stock exchanges rather than crypto exchanges. Hashdex’s approach differs from recent […]
Borroe ($ROE) is an AI-powered funding marketplace that provides instant funding to web3 participants and content creators. The platform recently raised $250,000 in its presale beta stage and is currently in its first presale stage, selling tokens for $0.0125. Borroe ($ROE) has sold over 13 million tokens at this stage, and investors are impressed with […]
XRP tokens worth $1.5 million were recently acquired, sparking discussions within the crypto community and hinting at the possibility of an impending price surge. This strategic move has been seen before in the cryptocurrency market, leading to substantial price fluctuations. The identity of the purchaser and the motive behind this investment remain undisclosed.This occurrence recalls […]
1inch, a decentralized exchange aggregator, has announced its expansion to the Coinbase-incubated layer-2 blockchain, Base. This will enable users to access the platform with lower transaction costs and higher speeds, as well as extra liquidity. The 1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on Base.Sergej Kunz, 1inch Network’s co-founder, commented […]
The U.S. Federal Bureau of Investigation (FBI) has warned crypto companies of $41 million in stolen Bitcoin (BTC) controlled by North Korean “TraderTraitor-affiliated actors” known as Lazarus and APT38.The FBI attributed the theft of 1,580 BTC from several crypto service providers in 2023 to Lazarus, and estimated the total losses to be nearly $200 million. […]
USD Coin, the world’s second-largest stablecoin by market capitalization, is set to launch on six new blockchains, including NEAR, Polkadot, and Base. This would make the stablecoin available on a total of 15 blockchains. The decision comes a day after Coinbase acquired a stake in USD Coin issuer Circle Internet Financial.The extension to the new […]
Tornado Cash, a crypto tumbler, is facing charges of money laundering and sanctions violations by its founders Roman Storm and Roman Semenov. The U.S. Attorney Damien Williams stated that the developers were aware of the illicit profits of at least $1 billion that were laundered through their technology. The Treasury Department’s Office of Foreign Asset […]
Coinbase, the American crypto giant, is in talks with some of Canada’s largest banking institutions in order to gain support for the local crypto ecosystem. This comes shortly after Coinbase announced its official entry into the Canadian crypto market.Lucan Matheson, Coinbase’s Director of Canadian Operations, is reportedly in talks with the tier-one banks in Canada, […]
Investors of the popular meme token PEPE were spooked earlier today after a major modification to the project’s multi-signature wallet was highlighted. The threshold of keys was reduced from 5/8 signatures to just 2/8 signatures, meaning two out of eight signatories could approve transactions for the project.Digital asset research firm ASXN reported that PEPE tokens […]
