Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on X, Marcus first emphasized Bitcoin’s unparalleled status as a neutral settlement asset and...
Read More »Shibarium Blasts Through Another Important Milestone: What’s Next for Shiba Inu (SHIB)?
TL;DR Shibarium Achievements: Shibarium, Shiba Inu’s layer-2 blockchain, exceeded 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses. Shiba Inu Price Drop: Despite these milestones, Shiba Inu’s token price fell by 4%, mirroring the overall cryptocurrency market downtrend. New Donation Feature: Shibarium introduced a donation feature to support non-profit validators, enhancing network security and ecosystem inclusivity. Shibarium’s Latest...
Read More »Why Bitcoin Won’t Go Below 30K Again: Willy Woo
Could Bitcoin (BTC) still be due for a major price correction? Not likely, according to popular Bitcoin price guru Willy Woo. The on-chain analyst has used blockchain data mapping bitcoin investors’ average buy-in price to determine that the asset likely won’t descend under $30,000 ever again. Bitcoin’s New Floor is $30k In a post to X on Tuesday, Woo shared a “Bitcoin Cost Basis Density Map” – a contour chart tracking bitcoin’s supply based on the price that long-term...
Read More »Binance: Eine Kryptowährungsbörse mit besonderen Eigenschaften
In der Welt der Kryptowährungen gibt es eine Vielzahl von Börsen, auf denen man digitale Währungen kaufen, verkaufen und handeln kann. Eine dieser Börsen, die sich in den letzten Jahren einen Namen gemacht hat, ist Binance. Doch was macht Binance so besonders und wie unterscheidet es sich von anderen Kryptowährungsbörsen? Binance Launchpad Ein herausragendes Merkmal von Binance ist das sogenannte „Launchpad“. Hierbei handelt es sich um eine Plattform, auf der neue Kryptowährungen und...
Read More »InfStones Fixes Vulnerabilities Identified by dWallet Labs
InfStones explained it conducted an internal review revealing no further threats. The blockchain infrastructure provider also invited an external security firm to audit its systems and company policies. Blockchain infrastructure provider InfStones has announced its success in fixing vulnerabilities identified in its system by security firm dWallet Labs. dWallet Labs reportedly found susceptibilities in InfStones’ validators. According to dWallet Labs, it detected the threats while...
Read More »Pyth’s Blazing $77M Token Airdrop Cements Status as Chainlink Challenger
Pyth Network’s exceptional refresh rate speed sets it apart and significantly adds to its appeal, surpassing that of its competitor – Chainlink. Pyth Network, a decentralized finance (DeFi) oracle service competing with Chainlink, made headlines this week with a remarkable token airdrop valued at an astounding $77 million. The distribution of 250 million PYTH tokens to early Pyth users increased the protocol’s market capitalization beyond $765 million, highlighting the project’s growing...
Read More »Solana Dog-Themed Meme Coin BONK Jumps Nearly 2,000% in 30 Days
The BONK token is on a parabolic rise as it continues to soar despite being a meme coin on the Solana network. Bonk Inu (BONK), the Solana network’s top meme coin, is making the news as it pumps impressively. Over the last week, the price of BONK has jumped by more than 125% according to data from CoinGecko at writing time. Data also shows that BONK has jumped more than 433% in the last 14 days and nearly 2,000% in the last month. Solana’s BONK May Trade on Major Exchanges BONK is...
Read More »Crypto Market Sees Uptick on Prospects of Binance’s Resolution with DoJ
The potential resolution of the US criminal investigation into Binance marks a critical juncture for the crypto industry. If Binance agrees to the proposed fine, it would represent one of the largest settlements in the history of the crypto market. The crypto market experienced a surge of cautious optimism as reports emerged regarding the possible resolution of Binance’s longstanding US criminal investigation with the United States Department of Justice (DoJ). Binance’s Reported...
Read More »Ethereum Layer 2 Protocol Blast Secures $20M Investments from Paradigm
The L2 protocol anticipates its Mainnet to go live on February 24 next year, enabling withdrawals, with users able to redeem their Blast Points starting May 24. Blast, an Ethereum layer 2 protocol with yield-bearing assets, announced the completion of its $20 million funding round led by Paradigm, a research-driven technology investment company with a special focus on crypto. Announcing the milestone on Twitter now X, the protocol said Standard Crypto also contributed to the $20 million...
Read More »ARK Investment Amends ARK 21Shares Spot Bitcoin ETF Proposal for Third Time
The third amendment is another attempt for ARK Invest to ensure that the proposal for the ARK 21Shares spot Bitcoin ETF will pass the SEC’s screening. ARK Investment Management has submitted another amendment to the US SEC for its ARK 21Shares spot Bitcoin ETF proposal. The application, created along with European crypto asset manager 21Shares, is one of several proposals gunning for SEC approval as soon as possible. ARK Investment Management was founded by Cathie Wood, a known Bitcoin...
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