Golden Inu Surges 25% as Shiba Inu Struggles to Gain Momentum

Shiba Inu (SHIB) token has been stuck in a sideways trading pattern despite the relaunch of Shibarium, its layer 2 blockchain network. The first launch on August 18th faced significant issues, including transaction processing problems and disappearing assets. Developers worked to address the issues and implement updates, but investors remain cautious.Meanwhile, another memecoin, Golden Inu […]

GroupFi to Challenge Facebook with Tokens and NFTs in Billion-Dollar Market

Tanglepay has unveiled GroupFi, a new protocol that uses IOTA’s Shimmer technology to revolutionize Web3 social interactions. GroupFi is positioned to challenge social giants like Facebook, opening up a new avenue in the billion-dollar social media market. The protocol operates as an open-source platform, utilizing IOTA’s Shimmer technology to create an ecosystem for Web3 social […]

MakerDAO’s Endgame Plan Sparks Debate in Crypto Community

Ethereum co-founder Vitalik Buterin recently sold all his MakerDAO’s MKR tokens in response to the news that MakerDAO is considering Solana for its blockchain network. Solana’s co-founder, Anatoly Yakovenko, has cautioned the blockchain community against harboring resentment towards Ethereum following recent praise from MakerDAO’s CEO, Rune Christensen. Christensen highlighted Solana’s technical prowess and optimization as […]

LSE Group to Launch Blockchain-Based Platform for Traditional Assets

The London Stock Exchange (LSE) Group is reportedly planning to create a blockchain-based platform that will offer traditional financial assets. According to the head of capital markets Murray Roos, the company has been looking into the potential of a blockchain-based trading venue for a year and is now ready to move forward with their plans. […]

Shibarium Surpasses 900,000 Transactions and 1 Million Wallets; Could it Boost SHIB Price?

Shibarium, part of the Shiba Inu Ecosystem, has achieved remarkable milestones with over 900,000 transactions and 1 million wallets. To bolster user trust and engagement, the Shibarium team has incorporated the hosted version of the Blockscout explorer into Shibariumscan. Additionally, the team is collaborating with multiple third-party bridge operators to increase the number of bridges […]

China’s Central Bank Digital Currency Upgrades Payment Tools for Retail Use

The People’s Bank of China’s Digital Currency Research Institute Director, Changchun Mu, recently spoke at the China International Service Trade Fair, expressing the desire to see the Chinese CBDC, or renminbi, included in all online retail payment options. Mu noted that the currency has undergone a major upgrade in terms of its organizational forms and […]

Proposed Ethereum Court System to Protect Protocols from Political Interference

Alex Gluchowski, co-founder and CEO of Matter Labs, has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a post on Twitter, Gluchowski suggested the idea of an “Ethereum Supreme Court” — which would work similar to the United States Supreme Court — to serve as a final […]

Oman’s Crypto Investments Surge as Islamic Finance Embraces Bitcoin Spark

Oman is one of the Muslim-majority countries that is increasingly embracing digital currencies. Bitcoin Spark is a blockchain technology that is Sharia-compliant and follows the principles of Islamic law. It is based on risk and reward sharing, and encourages investments in socially responsible and morally acceptable ventures. It also prohibits transactions involving excessive uncertainty, ambiguity, […]