Tag Archives: Crypto Bits

Shiba Inu’s ecosystem has gone through quite a bit throughout the past few weeks. It saw what is probably one of the most important releases in its roadmap – the layer 2 scaling solution, thematically called Shibarium. The launch of the network didn’t go without problems, and developers had to temporarily take it private. As CryptoPotato reported earlier, the chain relaunched with the help of an unexpected ally – Sandeep Naiwal from Polygon. Shiba Inu Lead Developer With...

Argentina’s technology and cryptocurrency sectors have recently surged with World ID, a project by Worldcoin, reaching an all-time high in user verifications. On Aug. 30, Argentina set a new record with 9,500 citizens verifying their identities through World ID. While this might be considered a growing crypto adoption sign by some, it’s also quite controversial given Worldcoin’s issues with authorities and the community. World ID is an innovative identity protocol that...

Binance has unveiled a new feature for its Latin American clients. This solution will enable users in nine Latin American nations to transmit crypto via Binance Pay; hence, beneficiaries in Argentina and Colombia can directly collect these transfers into their bank accounts. Binance announced the new “Send Cash” feature on Aug. 29, which promises a more efficient, cost-effective method of digital money transfer, addressing the prevalent financial inclusivity challenges in the...

In the ever-evolving world of cryptocurrencies, expert analyst Javon Marks has recently turned the spotlight on Shiba Inu (SHIB), forecasting potential new all-time highs for the popular meme coin. Per data from CoinGecko, Shiba Inu is currently 90.38% off its peak value of $0.00008616 as of October 28, 2021. However, according to Marks, the meme coin shows signs of a significant upward trajectory. His forecast comes after a thorough examination of SHIB’s recent price...

Leading cryptocurrency exchange OKX announced today the launch of its LBR Earn campaign following the recent LBR listing on the platform. As part of this initiative, OKX is set to have an airdrop with 15,000 LBR tokens up for grabs. To kickstart OKX’s LBR Earn campaign, the company announced a complimentary airdrop, allowing users to boost their LBR assets. The initiative provides attractive APY, zero charges, and access to exclusive deals. Users can participate in the...

On-chain data tracker Whale Charts just flagged a massive XRP transaction, which could spell doom for the popular crypto asset. As per Whale Charts’ tweet, an anonymous investor moved about 28.4 million Ripple (XRP), equivalent to roughly $14.9 million, into Bitstamp. The amount was transferred from wallet r4wf7enWPx to another Bitstamp wallet, rDsbeomae4. Of course, substantial transfers are not new to XRP. Nonetheless, the shift towards an exchange wallet signaled a...

John Deaton, founder of CryptolawUS and an advocate for XRP holders, spoke out against the SEC’s “aiding and abetting” allegations against Brad Garlinghouse, CEO of Ripple. Deaton claims that the situation might have been prevented if the SEC had allowed previous executives Bill Hinman and Jay Clayton to testify sooner. In the Ripple v. SEC litigation, Digital Asset Investor said that he would have called former SEC employees Jay Clayton and Bill Hinman, as well as a16z...

Following an appearance by former President Donald Trump on Tucker Carlson’s X-based interview show, the value of Trump’s baseball card-style NFT collection saw a notable surge. According to reports, the 45,000-card polygon-based Trump Digital Trading Cards’ price increased from 0.1 ether ($150) last week to approximately 0.13 ether ($215) after the viral interview. Trump: “When I debated Biden, this was in front of probably not a friend of yours, Chris Wallace was the...

Following successful private testing, the highly anticipated Shibarium (L2) update is scheduled for public release, creating excitement among the community, with some fortunate members having already received bridged $BONE tokens. The news comes after Shiba Inu’s team confirmed the smooth operations of the platform, which is now awaiting its public debut. Since its start, Shibarium has processed over 22 million transactions from a large number of wallets in just four months....

Shiba Inu, the second-largest meme cryptocurrency, recently cracked a new major milestone, with total tokens burnt surpassing 410 trillion SHIB. Based on Etherscan, the amount of SHIB tokens locked in the SHIB burn address recently reached 410.35 trillion tokens, currently valued at about $3.41 billion. Vitalik Buterin remains the largest SHIB burner of all time, two years after burning about 410.24 trillion SHIB in May 2021. It’s this historical ban that popularized SHIB...