The meme coin Shiba Inu experienced a notable surge of 20% on August 6, leading the way for the overall meme coin niche. This surge comes on the heels of a market capitalization rise above $40 billion, showcasing significant gains not only for Shiba Inu but also for other meme coins such as Dogecoin, Pepe,
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Recently, the Ronin Network experienced a significant loss of $10 million worth of ETH due to a hack, adding to the growing number of Web3 hacks in 2024. Specifically, this gaming blockchain platform lost 4000 ETH in the incident. However, there was an unexpected twist in this story as a white hat hacker returned the
The crypto trader, Peter Brandt, has recently made a bold prediction regarding the future of Bitcoin. Despite the recent downtrend in Bitcoin’s price, with the cryptocurrency crashing below $50,000, Brandt foresees a significant rebound for Bitcoin. His prediction suggests that Bitcoin could soar to new all-time highs of $90,000 during this bull cycle. Brandt’s approach
The partnership between Ubisoft Labs, Arbitrum Foundation, and Sequence has resulted in the creation of Captain Laserhawk; The G.A.M.E., a groundbreaking game that aims to redefine how we interact with games. Drawing inspiration from the Netflix animated series “Captain Laserhawk; A Blood Dragon Remix,” this game takes a transmedia approach by merging gaming with Web3
The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s motion to compel additional discovery in their ongoing legal dispute. The SEC argues that Coinbase’s requests for documents are irrelevant and overly burdensome. In their filing on Aug. 5, the SEC stated that the documents sought by Coinbase are not essential
Bitcoin exchange-traded funds (ETFs) in the United States experienced a significant increase in daily trading volume on August 5, surpassing $5 billion. This surge in volume, the first since mid-April, was largely driven by BlackRock’s IBIT ETF, which accounted for nearly $3 billion in trades. Fidelity’s FBTC and Grayscale’s GBTC also saw high trading volumes,
Binance CEO Richard Teng recently shared that the exchange experienced record inflows and one of its highest trading volumes for the year. In a statement, Teng mentioned that amidst the macroeconomic climate and a market downturn, Binance recorded a net inflow of $1.2 billion in just 24 hours. This data was sourced from DefiLlama’s CEX
The recent volatility in the cryptocurrency market has once again brought into focus the unpredictable nature of digital assets. With the total crypto market capitalization surpassing $2 trillion, only to plummet by $500 billion in less than a week, investors have been left reeling from the rapid ups and downs. The figures paint a picture
Supervillain Wanted is a new game that has caught the attention of both the gaming and blockchain communities due to its unique play-to-earn approach. The game, developed by Supervillain Labs, aims to combine elements from both Web 2 and Web 3 gaming realms to create an immersive experience for players. One of the key features
Cardano’s performance in July stood out amidst the overall crypto market downturn. The Cardano foundation reported a notable increase in on-chain activity, showcasing the network’s resilience and growing user engagement. Despite the broader market setbacks, Cardano continues to sustain and build momentum. The data provided by the foundation revealed that Cardano saw a modest yet
