Worldcoin, an iris-scanning project, has achieved a significant milestone with over 4 million downloads of its mobile World App, according to a recent blog post by the project’s team. This achievement has the potential to position World App in sixth place on the list of most downloaded software wallets on Coingecko. Additionally, the team revealed
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Metrics play a crucial role in determining the health and vitality of a blockchain network in the realm of cryptocurrencies. When examining Cardano’s performance in the third quarter of the year, it becomes evident that some metrics presented a less-than-stellar picture. However, there are emerging indicators that suggest the potential for a positive turnaround. In
The Financial Conduct Authority (FCA) in the United Kingdom has recently issued a warning to investors regarding Bitfinex. According to the FCA, Bitfinex may be promoting financial services or products without the proper authorization from the regulatory body. In its warning, the FCA advises individuals to avoid engaging with Bitfinex. The cautionary statement from the
In the midst of a surge in trading volumes, meme coins have shown strength this week. One particular meme coin, Sponge token ($SPONGE), is generating a lot of anticipation for its upcoming staking launch on November 1. As trading volumes across the meme coin charts continue to rise, Sponge token has seen a significant increase
Blockchain analytics firm Nansen recently revealed that bankrupt FTX has transferred $156 million worth of digital assets in a series of transactions. One significant movement involved FTX unstaking 1.6 million Solana (SOL) tokens, valued at approximately $57.6 million, on October 30. Although the unstaked assets are currently held in the staking wallet, FTX’s fund movement
It has become increasingly essential to monitor Bitcoin’s response to specific macroeconomic events. The CEO of Lumida Wealth, Ram Ahluwalia, recently weighed in on the potential impacts of a failed Treasury auction on Bitcoin. As an SEC registered investment advisor specializing in alternative investments and digital assets, Lumida Wealth brings a unique perspective to the
Renowned DJ and producer Steve Aoki has teamed up with Stepn to introduce a groundbreaking concept that combines fashion, fitness, and blockchain technology. Together, they have unveiled a one-of-a-kind collection of digital sneakers as non-fungible tokens (NFTs), offering a fresh outlet for style and creativity. These digital sneakers will be minted on the Solana blockchain,
The popularity of Unibot, a Telegram bot used for sniping trades on the decentralized exchange Uniswap, came to a halt on October 29 as a new contract was deployed, leading to an unexpected exploit. Unfortunately, this exploit resulted in the loss of approximately $560,000 worth of various memecoins from users. The blockchain analytics firm Scopescan
Stars Arena, the decentralized social finance application, is facing a major setback as its CEO, Chill Pill, unexpectedly announced their resignation. This surprising development comes in the aftermath of a significant smart contract exploit that severely impacted the platform. With the total value locked (TVL) plummeting from nearly $3 million to just above $300,000, Stars
In an ever-evolving cryptocurrency landscape, security is of paramount importance. Recognizing the need for enhanced security measures, the BNB Chain has recently launched a groundbreaking solution called BNB Safe{Wallet}. This secure multi-signature wallet service, built on the Gnosis Safe protocol, aims to provide BNB Chain users with robust protection for their digital assets. The Gnosis
