In the ever-evolving landscape of cryptocurrency, Shiba Inu (SHIB), the iconic meme coin, has been experiencing notable fluctuations. Following a disheartening start to the new year, where its valuation suffered a substantial decline, the price of SHIB dipped to a four-month low amid the market crash on February 3. This situation echoes a familiar narrative
Crypto
In the ever-evolving world of decentralized finance (DeFi), security continues to be a paramount concern for platforms and users alike. The recent incident involving zkLend, a lending protocol on Starknet, highlights the vulnerabilities that can plague even the most robust protocols. On February 11, the protocol announced that it had fallen victim to a significant
The recent move by Grayscale to file for a Cardano (ADA) exchange-traded fund (ETF) has ignited a wave of optimism among investors. Should this fund gain regulatory approval, it would create an avenue for investors to gain exposure to Cardano without directly holding the cryptocurrency, making it more accessible for traditional investors. This regulatory endorsement
On February 11, 2023, Uniswap made a significant announcement with the launch of Unichain, its own Ethereum layer-2 solution. This move marks Uniswap’s ambitious entry into the burgeoning landscape of layer-2 (L2) platforms that aim to enhance the Ethereum network’s capabilities. By introducing Unichain, Uniswap aims to provide users with a more efficient and user-friendly
Bitcoin has recently experienced a dramatic surge that propelled its price to an impressive peak of $98,000. However, this remarkable achievement was quickly undone, as the cryptocurrency faced a sudden rejection that sent its price down by nearly $3,000 within mere hours. This rapid fluctuation exemplifies the inherent volatility of not only Bitcoin but the
In a recent incident that underscores the fragility of decentralized finance systems, blockchain security firm SlowMist has revealed a significant vulnerability within the Four.Meme platform. This meme coin launchpad, operating on the Binance Smart Chain (BSC), was found to lack crucial price verification checks. Such an oversight allowed malicious actors to set up PancakeSwap v3
In a recent Senate Banking Committee hearing, Federal Reserve Chair Jerome Powell unequivocally stated that under his leadership, the United States will not adopt a Central Bank Digital Currency (CBDC). This statement marks a decisive pivot from prior discussions surrounding the feasibility and implications of introducing a digital dollar. Senator Bernie Moreno’s inquiry, asking, “Can
In a significant move likely to attract the attention of crypto enthusiasts, Binance, the world’s largest cryptocurrency exchange, is set to enhance its trading offerings by introducing three new asset pairs: QTUM/TRY, TRUMP/EUR, and VTHO/TRY. These pairs will be available to users starting February 12, marking another chapter in the exchange’s ongoing strategy to cater
Bitcoin has recently experienced a series of intriguing price fluctuations, culminating in a notable rise above $98,000. However, the cryptocurrency’s ability to sustain this impressive figure has been called into question as it faces continuous resistance. The digital asset’s journey has been nothing short of turbulent, marked by drastic drops and recoveries in the preceding
On February 10, 2023, Grayscale Investments, a leading crypto asset management firm, made headlines with its application for a Cardano exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). This marked a significant step for Grayscale, which had previously shied away from offering standalone investment vehicles for ADA, the native token of the Cardano