Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has reached a significant milestone by surpassing 1 million wallets. This remarkable achievement comes just weeks after its relaunch on August 28. The official Shibarium team announced this feat in a blog post on September 3. It is worth noting that the network faced technical issues
Altcoins
Pepe (PEPE), one of the biggest new memecoins of 2023, recently suffered a partial rug pull when its anonymous developers abruptly sold almost $16 million worth of the token on August 24. This unexpected move caused the price of Pepe to plummet by as much as 26%, leaving crypto investors and memecoin enthusiasts perplexed about
The recent win for Grayscale Investments against the United States Securities and Exchange Commission (SEC) has sparked significant interest and speculation within the cryptocurrency community. In its ongoing quest to launch a spot Bitcoin exchange-traded fund (ETF), Grayscale was met with favorable news. Although a final decision on the ETF is yet to be made,
Bitcoin, the world’s most popular cryptocurrency, has experienced a significant price surge, rising by 5% and reaching a two-week high of over $28,000. This sudden increase comes after a United States Court of Appeals Circuit Judge, Neomi Rao, ruled in favor of the Grayscale Bitcoin Trust (GBTC) in its case against the U.S. Securities and
With the increasing popularity of cryptocurrencies, millions of investors are eagerly awaiting the next crypto bull run. As the crypto market experiences unprecedented growth, it is crucial to learn from the mistakes made during previous bull runs. Experts in the field have shared valuable insights and advice to help newcomers navigate this chaotic yet promising
Despite the recent hype around riend.tech, some decentralized social networks are still struggling to attract and retain users on their platforms. This article will explore the various challenges faced by decentralized social (DeSo) media platforms and discuss potential solutions. One of the major hurdles faced by DeSo platforms is the onboarding process. Ed Moss, the
The Pepecoin (PEPE) project recently experienced a shocking turn of events when $16 million worth of tokens were mysteriously withdrawn from the project’s multisig wallet. This incident led to a significant drop in the price of PEPE and raised concerns among the community. In this article, we will delve into the details of this withdrawal
In a recent court filing on Aug. 25, Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York rejected a motion to establish a special shareholders class in the Celsius Network bankruptcy case. Furthermore, the judge declined to determine whether the Celsius (CEL) token should be classified as a
The price of Pepe (PEPE), a frog-themed memecoin, has experienced a sharp decline of nearly 15% due to recent developments that have sparked concerns of a potential “rug pull” by its developers. These concerns arose after approximately $16 million worth of Pepe tokens were transferred from the developers’ multisig wallet to various cryptocurrency exchanges on
The cryptocurrency market has hit a rough patch recently, experiencing a notable downturn that has caught the attention of investors and traders alike. From August 14 to August 23, the total market capitalization of cryptocurrencies fell by 10%, reaching its lowest point in over two months at $1.04 trillion. This significant movement in the market
