After rejecting from upper-trendline resistance, ApeCoin (APE) has experienced a significant tumble of 8%. This latest drop adds to a nine-month cascade, leaving many investors worried about the future of ApeCoin. In addition, the broader Bored Ape Yacht Club (BYAC) ecosystem has been facing disarray, with the value of its NFT collection plummeting over the
admin
Optimism (OP) has been performing impressively as it records gains in both the short and long term. With a 5% increase in the last 24 hours and a 15% gain in the last seven days, OP has attracted the attention of investors. This upward momentum aligns with the general recovery witnessed in the overall crypto
In the world of cryptocurrency, there is a constant search for the next big thing. Investors and traders are always on the lookout for tokens that have the potential to skyrocket in value. One such token that has been gaining significant attention lately is FWEN. With a surge of over 1,000% in on-chain trading, FWEN
October is becoming an increasingly significant month for several blockchain projects as they prepare for major token releases. Among them are Axie Infinity, Optimism, and Aptos, which collectively will inject over $130 million into the market. Notably, Axie Infinity leads the way with its AXS token, as it plans to release 15.1 million tokens on
Friend.tech, a decentralized social media platform built on Coinbase’s layer-2 protocol, Base, has recently experienced significant growth in terms of revenue and total value locked (TVL). According to data from Dune Analytics, Friend.tech’s revenue has surged to 10,663 Ether (ETH), while its TVL has exceeded 30,000 ETH as of October 2nd. Friend.tech was launched in
Coinbase, the popular cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to extend its payment services in Singapore, enabling the exchange to provide digital token services to individuals and institutions in the country. The MPI license granted by MAS permits Coinbase
In a significant exploit in the cryptocurrency space, the now-defunct FTX exchange fell victim to a hack a few hours after declaring bankruptcy, resulting in a loss of over $600 million. Recent on-chain data reveals that the FTX exploiter, whose address was identified as 0x3e9, has become active for the first time in 10 months
Since its inception in 2009, the cryptocurrency industry has experienced exponential growth in terms of market size and the number of active currencies. As of 2023, there are over 22,932 active cryptocurrencies in the market, highlighting the remarkable expansion of the sector. While most users focus on the top cryptocurrencies, those who engage in trading
Ripple’s XRP has gained significant attention and popularity in the cryptocurrency space. However, the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple has impacted its price. Despite the lawsuit, analysts have predicted various future price scenarios for XRP. In this article, we will explore some of the most interesting predictions
During recent weeks, alarming details have emerged surrounding an exploit targeting FTX, a popular cryptocurrency exchange. The exploit resulted in substantial losses, with one particular address connected to the hack, known as 0x3e9, transferring more than 10,000 Ether (ETH) across various addresses. This article delves into the exploit and its consequences, shedding light on the
