SAN FRANCISCO, United States, December 18th, 2024, Chainwire Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange: A listing platform for emerging and established memecoins, ensuring...
Read More »Squirrel Dad Takes Legal Action Against Binance Over Intellectual Property
Mark Longo, known as Squirrel Dad, sues Binance for unauthorized use of Peanut the Squirrel’s images and intellectual property. Mark Longo, known as Squirrel Dad, has taken legal action against Binance. He claims the company used his intellectual property without permission. This includes images and trademarks associated with Peanut the Squirrel, an animal Longo rescued in 2017. Peanut, also referred to as P’Nut, gained a lot of popularity on social media platform. The squirrel’s pranks were...
Read More »Shiba Inu (SHIB) Drops by 15% in 2 Weeks: These Factors Suggest Extended Correction
TL;DR Shiba Inu’s price has fallen substantially lately, with declining burn rates and large transaction volumes signaling continued bearish momentum. On the other hand, reduced exchange reserves and SHIB’s RSI nearing oversold territory suggest that a potential rebound may be on the horizon. The Bad Days for the Bulls Might Not be Over The past two weeks have been quite successful for most leading cryptocurrencies. Bitcoin (BTC), for instance, saw its price surging by 10%,...
Read More »Ethena Labs Launches USDtb, Backed by BlackRock’s BUIDL Fund
Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts According to the official blog post, the stablecoin’s primary reserve asset, BUIDL, makes up 90% of...
Read More »P’Nut the Squirrel: Could This Be the Second Coming?
In a world drowning in chaos, where innocence is traded for cynicism and compassion is often weaponized against itself, the story of P’Nut the Squirrel—a creature so small yet so profound—has emerged as a narrative that refuses to be ignored. What if, hidden in the extraordinary simplicity of this squirrel’s life and untimely death, lies the evidence of a truth too staggering to comprehend? What if P’Nut was more than just a beloved pet? What if P’Nut was Jesus Christ’s second coming? It’s an...
Read More »Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations
Federally approved digital asset securities platform Prometheum has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute stems from a November 6 post on X, where the critic accused the firm of operating “an illegal unregistered commodities exchange” and engaging in shady dealings with the U.S. Securities and Exchange Commission (SEC). Free Speech or Defamation? Prometheum’s complaint, filed in the New York Supreme Court, argues that Blumberg’s...
Read More »This Meme Coin Jumps by 50% Following Further Support From Binance
TL;DR Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs. The token reacted to the news with a rapid price increase. The Binance-Fueled Pump The world’s biggest cryptocurrency exchange recently added further support for the meme coin launched on the BNB chain – Simon’s Cat (CAT). First, it included it in its HODLer Airdrops Portal. The program rewards BNB holders with token distributions based on historical snapshots of their...
Read More »USDT Transfer Volume on TRON Reaches All-Time High of $587.2B
The TRON blockchain has achieved a remarkable feat, processing $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September and $489.3 billion in October. TRON’s Stablecoin Boom The figure, captured by CryptoQuant analyst Maartunn, is noteworthy, considering in July 2019, the network only managed to move about $73.8 million in USDT. However, its share has increased steadily since then,...
Read More »MINGO, Hedera Based Wallet, Sets Sights on the Global Ticketing Industry
Kingstown, St. Vincent and the Grenadines, December 17th, 2024, Chainwire MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment. MINGO’s native token $MINGO is set to go live on Coinstore on...
Read More »Shardeum Launches Final Stage of Incentivized Testnet Ahead of Mainnet Release
[PRESS RELEASE – New York, New York, December 17th, 2024] Shardeum reaches another key milestone on its roadmap to Mainnet Shardeum, an autoscaling layer-1 blockchain ecosystem, announces the launch of Stage 4 of its Incentivized Testnet (ITN), which commenced today, Tuesday, December 17th, 2024. ITN Stage 4 will continue to test for any vulnerabilities and network issues, fully solidifying the network code ahead of Mainnet. This announcement follows the successful completion...
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