Friend.tech, a decentralized application built on Base, has seen a decrease in trading volume and overall activity, leading some Twitter users to proclaim it “dead.” According to Lisandro Rodriguez, Payments Risk Manager at Coinbase, the platform’s demise is mainly due to “greed and poor execution” from its team management. The platform’s structure enables the community […]
The Bitcoin network has reported a hash rate of 400 terahashes per second, a figure never before seen in its history. This upswing in the hash rate is similar to the run-up to the 2020 halving event, which typically halves block rewards. However, this achievement comes with a high energy consumption cost. In response to […]
The crypto world is abuzz with an unexpected success story. InQubeta, an innovative platform integrating AI and crypto, has managed to raise an impressive $2.3 million amidst the prevailing crypto uncertainty. The platform allows everyday investors to invest in AI start-ups, a realm traditionally dominated by tech elites. With its ERC20 coin, QUBE, InQubeta is […]
Wall Street Memes (WSM) and Launchpad XYZ (LPX) are two low-cap cryptos gaining traction recently. WSM and LPX are both in the midst of successful token presales, with LPX having raised over $1.4 million and offering a limited-time 20% bonus for presale participants. WSM and LPX have both attracted attention from the influencer community, with […]
Cardano’s co-founder Charles Hoskinson has made a bold prediction that his project will overtake Bitcoin and Ethereum in the future. He believes that Cardano has higher scalability and interoperability, which will give it an edge over the two leading cryptocurrencies. Hoskinson also believes that Cardano’s decentralized governance will give people a chance to rise and […]
Shiba Inu (SHIB) tokens have seen a substantial amount of withdrawals last week, amounting to two trillion tokens, which is equivalent to $16 million. The highest outflows were seen on August 22 and 23, accounting for 80% of the total amount. Currently, there are over 80 trillion SHIB tokens on cryptocurrency exchanges, equaling approximately $635 […]
The Shibarium team has announced that withdrawals from their Ethereum Layer2 bridge will take longer than usual to process. This was updated on August 28, 2023 at 11:32 am.The bridge is a tool that allows users to transfer funds from one blockchain to another. It is designed to make transactions faster and more secure.The Shibarium […]
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. […]
