Blockchain

CoinspeakerMexico Elects New President, Here’s What It Means for Crypto Now, Mexican regulation does not have any specific rules for various types of tokens, such as NFTs, stablecoins, utility tokens, and CBDCs. Mexico Elects New President, Here’s What It Means for Crypto

The onboarding of new Bitcoin users and the creation of new use cases for the leading digital network continue to emphasize the need to build scaling solutions on the blockchain. A new research report by crypto exchange Binance, The Future of Bitcoin, outlines reasons why the crypto network needs strong scaling solutions. Why Bitcoin Needs Scaling Solutions In December 2022, Casey Rodarmor launched the Ordinals protocol, which led to the creation of inscriptions and triggered...

According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May to exploits, flash loans, and exit scams. Despite these setbacks, approximately $96.2 million was recovered, offering some relief from the economic impact. Flash Loan Attacks Dominate Blockchain Losses Flash loan attacks caused the largest losses in the crypto sector, totaling approximately $20.7 million. Sonne Finance suffered the most, losing $20 million, followed by TLN...

The crypto market is as volatile as ever after the recent approval of Ethereum ETFs. Altcoins like Avalanche and Fantom are making headlines with significant whale movements, while Tron faces a potential price correction. Meanwhile, BlockDAG (BDAG) is emerging as a standout layer 1 coin in the crypto ecosystem. BDAG is ushering in a new era by combining Directed Acyclic Graphs (DAGs) with traditional blockchain security, offering unmatched transaction speeds and scalability. This...

Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions that simplify and secure blockchain transfers. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of cumbersome blockchain addresses. This new capability is designed to enhance transaction simplicity and security, promoting broader crypto...

[PRESS RELEASE – Dubai, UAE, June 1st, 2024] The Penguiana project, a penguin-themed meme coin built on the Solana blockchain, has achieved a remarkable milestone, hitting an all-time high fully diluted valuation of $4 Million and currently sitting at a market cap of over $2.5 million, according to Dexscreener. This significant growth underscores the strong confidence and community enthusiasm as the team prepares to launch the GUIANA NFTs. Penguiana’s Market Surge and...

Looking for a crypto investment that could skyrocket? BlockDAG, Optimism, and Dogecoin each bring unique attributes to the table. Optimism thrives on technological prowess, Dogecoin enjoys fervent community backing, and BlockDAG’s new gamified dashboard could make it the investment of the year. With BlockDAG’s presale rocketing to success, promising a potential 30,000x ROI, this comparison will guide your investment decision. Exploring Optimism: A Rising Star in Blockchain Optimism is...

ConsenSys-backed Layer 2 network – Linea – has extended support to StarkWare’s statement denouncing Matter Labs’ attempts to trademark the term “zero-knowledge” (ZK) in nine countries. Matter Labs, the entity behind zkSync, aims to assert exclusive control over this foundational cryptographic concept, sparking outrage across the industry. Notably, Matter Labs has also pursued the registration of a token under the ticker symbol “ZK” with exchanges in a bid to further their...

The surge in celebrity-backed tokens, fueled by the frenzy for meme coins, has polarized the community. One such meme coin that has captured the market attention is that of American TV personality Caitlyn Jenner’s JENNER token. Jenner launched 12 meme coins on the Solana blockchain within a mere four days, reaping profits of 2,381 SOL, which is equivalent to $405,000. $405K Earnings in Just 4 Days Lookonchain’s latest findings reveal that Jenner’s approach included launching...

CoinspeakerDonald Trump Amasses $14M in Crypto after Legal Battle Apart from the just-concluded case, Trump faces additional legal battles before the upcoming November presidential election. Donald Trump Amasses $14M in Crypto after Legal Battle