Blockchain

Crypto investors can’t get enough of meme coins. The latest one causing a stir is Base Dawgz (DAWGZ) – a multi-chain coin that’s raised millions in its presale. And some investors are wondering if it could be the next big thing like the Base chain token Brett (BRETT). Base Dawgz – Unleashing the Power of Multi-Chain Functionality So, what exactly is Base Dawgz? It’s a meme coin inspired by the spirit of base jumping and the iconic Shiba Inu “Doge” meme. But it’s not just a...

[PRESS RELEASE – Astana, Kazakhstan, August 22nd, 2024] 1MarketMakers are launching a new service – 1MM Startup Kit, which will assist startups entering the market. According to the team, to remain competitive in the market, blockchain startups must now adhere to traditional business principles. It’s not enough to simply activate a bot for automated liquidity maintenance. Long-term solutions are crucial: community support, marketing, a sound economic strategy, and tokenomics...

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Cayman Islands, UK, August 22nd, 2024, Chainwire Tanssi Foundation announces the expansion of the Tanssi blockchain infrastructure protocol to Ethereum, enabling the rapid launch of decentralized networks—also known as Actively Validated Services (AVSs)—in minutes. This expansion, driven by a strategic collaboration with Symbiotic, a leading permissionless restaking protocol, will allow developers to deploy highly customizable and decentralized networks, leveraging Ethereum’s robust...

Babylon, a blockchain developer, is set to launch its self-custodial Bitcoin staking mainnet in just two days as part of a phased rollout. This launch is designed to leverage Bitcoin’s economic properties to strengthen the security frameworks of proof-of-stake (PoS) blockchains. It offers a new level of security for decentralized systems. The most fundamental aspect of this new system is that the user can stake his or her Bitcoin via a smart contract. This self-custodial model can ensure...

Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term price movements. As reported by ABC News, RFK Jr. will drop out by the end of the week, with sources saying he will endorse Trump. When contacted...

Terraform Labs (TFL) – the bankrupt cryptocurrency firm co-founded by Do Kwon – is set to face a Chapter 11 bankruptcy reorganization hearing on September 19. The hearing will be crucial in shaping the company’s future as it navigates the aftermath of the Terra ecosystem’s dramatic collapse in 2022, which triggered extensive legal and financial challenges. Fallout from TerraUSD and LUNA Collapse The court’s ruling will essentially decide if Terraform Labs can successfully...

Binance has officially introduced DOGS (Dogs) as the 57th project in its Launchpool program. DOGS is a memecoin based on the Ton blockchain and is popular within the Telegram community. It is set to be listed on Binance, with trading expected to commence on August 26, 2024. This marks DOGS as the first of its kind to be featured on Binance’s Launchpool. The Launchpool activity enables users to stake BNB and FDUSD to receive DOGS tokens. The staking process will commence on 23rd August 2024...

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Much like the rest of the cryptocurrency market, XRP also went on a wild ride in August. The altcoin went through a serious crash in its value at the beginning of the month but the bulls were able to stage a v-shaped recovery, as illustrated in the chart below. Source: CoinGeckoWhile XRP’s price is moving more or less in line with the market, the total value locked within the protocol has recently crashed massively. Value Locked in XRPL Plummets 97% The total value locked...