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This Shiba Inu (SHIB) Metric Explodes by 860%: Details

TL;DR L2 scaling solution Shibarium saw one indicator surging by over 860%, indicating rising interest. However, daily transactions on the network dropped by 65%, while Shiba Inu’s price fell 20% in the last 14 days. The Rapid Increase Shiba Inu’s layer-2 scaling solution – Shibarium – keeps making waves due to its progress and the surge of some of its metrics. Most recently, the number of new accounts on the network exploded by over 860%, from just 16 (on June 15) to 154...

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ScroogeToken: Surpassing $500,000 in Funding and Pioneering User-Friendly Web3.0 Access

[PRESS RELEASE – Dover, USA, June 17th, 2024] ScroogeToken has reached a notable milestone, surpassing $500,000 in funding. This achievement reflects market confidence in ScroogeToken’s approach to decentralized finance. The platform offers seamless access to the Web3.0 ecosystem and promotes a vibrant community. Key Features: User-Friendly Interface: ScroogeToken simplifies the Web3.0 experience for both new and experienced users. Community Engagement: Emphasizing strong...

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Ethereum Scaling Solutions Soar to New Heights: Data

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...

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USD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says

[unable to retrieve full-text content]CoinspeakerUSD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says USD-pegged stablecoins could help the US maintain an hedge over the rising dominance of the Chinese yuan, said former House Speaker Paul Ryan. USD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says

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Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

[unable to retrieve full-text content]CoinspeakerBinance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains. Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

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