Solana ist ein öffentliches Blockchainprojekt. Es ist quelloffen und dezentralisiert, wobei der Konsens durch Proof of Stake und Proof of History erreicht wird. Ihre interne Kryptowährung trägt das Kürzel SOL. Die Plattform wird auch mit Projekten wie Ethereum verglichen Die Blockchain-Technologie hat das Potenzial, die Art und Weise,...
Read More »Tron Founder Justin Sun Introduces Memecoin Generator on Tron
Pump.fun has launched on the Tron blockchain to allow users to deploy memecoins easily. It comes with a vetting process to prevent pump and dump scams witnessed on competition platforms. Justin Sun-associated DeFi platform Sun.io has released SunPump, a memecoin generator allowing users to launch tokens effortlessly. This platform comes as competitor pump.fun, operating on the Solana network, has become the heart of the memecoin narrative over the past few months. The Solana-based memecoin...
Read More »Recent Ronin Hack Caused by an Error Allowing Anyone to Withdraw Funds Without Signature
Ronin suffered from a $10 million attack on August 6 as an MEV bot withdrew the funds. The individual managing the bot returned those assets to the protocol. Blockchain cybersecurity firm Verichains revealed details about the Ronin chain attack on August 6, causing a loss of about $10 million. While the attack was brought by an MEV (maximum extractable value) bot overseen by a white hat hacker who returned the funds, the incident was highly concerning. The Verichains report mentioned how an...
Read More »Five-Year Lows in Ethereum Gas Fees Can Signal Bullish Movements for Ether
Ethereum’s record low gas fees have receded to levels unseen for five years. Trends show Ether’s price increasing after such cycles. Ethereum’s gas fees have dipped to record lows, the lowest in five years. Transactions saw users paying gas of 0.6 gwei last week, a stark decrease from March’s 83.1 gwei, when the network witnessed tremendous usage, with the crypto market growing rapidly, marking a decline of about 95%. Gas fees reducing by this much can mean bullish action for Ether (ETH)...
Read More »Meme Coin Market Looking Grim: 4 of Top 6 Losers For the Week Are Memes
While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to an all-time high Bitcoin price of $73,800 on Mar. 14, 2024. Ether, meanwhile, gained 234% from a Dec. 31, 2022 low level of $1,200 to an all-time high...
Read More »Franklin Templeton Files for New Crypto Index ETF Offering Bitcoin and Ether Exposure
Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...
Read More »Crypto Whales Shift Holdings From Binance Coin (BNB) To ETFSwap (ETFS), Should You Do The Same?
A new pod of crypto whales has liquidated an enormous amount of their Binance Coin (BNB) holdings and invested in the ETFSwap (ETFS) presale, prompting other crypto watchers to take notice and follow suit. ETFSwap (ETFS) Platform Has Strong Pull On Whales The ETFSwap (ETFS) is the only crypto platform that tokenizes ETFs and presents the opportunity for major crypto investors to seamlessly participate in trading the approved crypto ETFs, like spot Bitcoin (BTC) and Ethereum (ETH)...
Read More »BlackRock’s ETFs surpass Grayscale’s in assets: Arkham
BlackRock, the world’s largest asset manager, has recently surpassed Grayscale in total assets under management (AUM) for digital asset exchange-traded funds (ETFs). Despite offering only two funds—IBIT, a spot Bitcoin ETF, and ETHA, a spot Ethereum ETF—BlackRock’s combined AUM has reached $21.6 billion. This figure slightly surpasses the $21.3 billion managed by Grayscale across its four funds: GBTC, BTC Mini, ETHE, and ETH Mini, according to data from blockchain intelligence firm Arkham....
Read More »Is the Bitcoin Price in Grave Danger? 3 Bearish And 2 Bullish Signs For BTC to Watch
For the week ending Aug. 17, Bitcoin price continued its shaky action, even as low consumer inflation signaled an upcoming dollar supply glut and the S&P 500 Index rallied. The latest U.S. consumer inflation readout gave the Fed more ammo to justify a big rate cut in September. That’s bullish news for Bitcoin, because more dollars against the same supply of BTC is a recipe for price gains. Meanwhile, stocks are up again and closing in fast on their July record levels....
Read More »Vitalik Buterin Donates $533k from Memecoins to Animal Welfare Charity
Vitalik Buterin donates 200 ETH ($524K) to the Animal Welfare Fund. This donation aligns with Buterin’s idea of using cryptocurrency for charitable causes. Ethereum co-founder Vitalik Buterin has once again used digital currency to make a major charitable donation. Buterin recently sold 40 ETH worth of Neirodog meme coins, totaling around $533K, and distributed the profits to several charities. This donation is part of Buterin’s larger plan of directing proceeds from animal-themed meme coins...
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