Introduction The dark web is something that has become a popular idea on account of social media and media portrayal in recent years. Many people are fascinated by this idea and they are intrigued about any content and participation option that is available to them. Cryptocurrency trading is done wholly on digital platforms and therefore…
Introduction It gets a bit strange to contemplate the true meaning of various financial terms, especially when they are referring to different aspects of differentiated market systems. For example, the definition of GDP or gross domestic product for a certain product is the same in every financial plane. But the effect it has on understanding…
Last week, federal authorities arrested the founder of Mutant Ape Planet, Aurelien Michel. The NFT collection founder was accused of operating a scam scheme known as ‘NFT rug pull’. However, it appears that may have been just one of the numerous scams that Michel may have pulled off. Allegations On Friday, ZachXBT, a prominent blockchain…
In recent trading sessions, both Bitcoin and Ethereum have demonstrated somewhat similar trends. This is because just like Bitcoin, the price of Ethereum has recorded a consolidation. ETH Price has consolidated The data shows that in the recent trading sessions, the trading price of ETH has consolidated. The price of ETH had been surging higher…
Introduction There are dozens of blockchains and cryptocurrencies to choose from in the crypto market. Therefore, investors may get overwhelmed when it comes to creating a suitable and well-balanced crypto portfolio. It is best to take a look at some of the most popular cryptocurrencies and break them down into their smallest components to understand…
Just a few days back, Defrost Finance, one of the prominent trading platforms in the decentralized finance industry, faced a major exploit. As a result of the exploit, the company ended up losing $12 million, which was a huge loss for the company. The exploit took place a few days prior to Christmas. It has…
Multi-Purpose Utility Token YES WORLD, which is widely known as a weather technician startup on the blockchain, successfully achieved a crucial milestone. Milestone accomplishment was duly noted in the press release which revealed that the project executed record-breaking transactions of YES WORLD Token namely $YES. The official press release of YES WORLD suggested that approximately…
Introduction Bitcoin is the first-ever blockchain in the world. There is a sense of distinction for Bitcoin from other altcoins among a certain group of crypto investors who are identified as Bitcoin maximalists. While Bitcoin has remained the highest-grossing cryptocurrency in the world, it often receives criticism for scalability issues. Therefore, there are second-layer solutions…
Introduction Crypto trading is the latest trend of investment that is popular among the younger generation. However, before cryptocurrencies, there were other trading options available in the market outside of the stock market as well. One such alternative for trading is Forex Trading. Investors are always looking to diversify their portfolios by dividing their investment…
If you have been following the crypto industry since the start of the year 2022, then you have boarded the crypto train at the worst time. No matter the digital asset you look at, all you would find is a downtrend and the value moving into the negative zone. The entire crypto industry has been…
Bitcoin extended its bearish track, losing $16.5K & $16.4K. Downward tendencies pushed prices beneath $16.5K and the 100-hourly Simple Moving Average. The 1-hour chart confirms a forming bearish boundary with $16,390 resistance. A move past the hurdle of $16.5K would translate to a decent uptick. The world’s leading crypto sees gradual dips toward $15.5K. Bitcoin…
Chiliz highlighted that its new PoSA (Proof-of-Staked-Authority) chain was in the testnet phase. The latest market correction saw CHZ price rallying, putting most holders in profit. The leading entertainment and sports fan token platform, Chiliz, revealed two crucial upgrades on its ecosystem in the upcoming weeks. Moreover, it showed the announcement on November 9. The…
Cryptos exposed to Alameda Research, FTX, and Sam Bankman-Fried seem to have suffered the most. Solana witnessed its total value locked plunging by 32.4% within the past day. That came as the news of FTX callable sent a shockwave in the entire cryptocurrency market. DeFiLlama shows SOL’s TVL dropped to $423.68 million, reflecting a 32.4%…
Avalanche’s Twitter handle for ecosystem news tweeted on November 6 about the project’s weekly subnet statement. The report by AVAX Daily revealed some notable updates that the blockchain experienced. The tweet confirmed that AVAX’s subnets totaled 36, whereas the total validators stood at 1,219. Moreover, the transaction count over the previous week didn’t see a…
NBA Top Shot gained popularity in early 2021, as Dapper Labs’ digital collectibles platform helped bring Non-Fungible Tokens(NFTs) into the mainstream. However, the hype was short-lived as sales have gradually dropped over time. In October 2022, the NFT marketplace recorded the lowest monthly trading volume since December 2022. According to CryptoSlam, an NFT analytics platform,…
Coinbase will offer custody of MakerDAO’s USDC treasury worth about $1.59 billion. The deal allows the DAO to earn nearly 1.4% rewards on the funds. Coinbase submitted the proposal on 6th September and got approved by 70% of votes on Monday 25th October. USDC represents one-third of the treasury and allows users to deposit collateral…
Two days after Aptos listing on leading exchanges saw more than $4 million bridged from Ethereum to Aptos. A blockchain analytic site Nansen confirmed this narrative via an October 21 Twitter post. Meanwhile, Aptos introduced the Layer0 network to its blockchain amidst efforts to ensure the accessibility of scalable Dapps (decentralized applications). The LayerZero protocol…
The latest Santiment data indicated that Polkadot ranked above ETH and SOL as the platform with the most development activity within the last seven days. While Solana and Ethereum’s development activity totaled 67.21 and 78.79, respectively, over the previous week, Polkadot had the same metric at 3124.14 in that timeframe. Moreover, Polkadot had 1,400 monthly…
Shiba Inu’s (SHIB) burning party witnessed new developments amid continued fire despite some glitches. Nevertheless, the party presented some notable features for the community. Fire Dominates The SHIB games portal welcomed a burning mechanism via Amazon’s affiliate link. August stats reveal that the SHIB SuperStore attained a 3-month milestone, exceeding $2K in burnt coins. Nevertheless,…
Chainlink investors and holders might have something to celebrate. The latest Economics 2.0 could be the savior of the struggling and ailing LINK. The new launch will allow Chainlink to increase its revenue capture and fees & increased the network’s security through staking. Nevertheless, whether the launch can enhance LINK’s plummeting market capitalization is unclear….
