Arbitrum, a leading Layer-2 (L2) scaling solution, has experienced an impressive upward trajectory since the launch of its native token, ARB, in March 2023. The past month alone has seen a staggering 74% surge in ARB’s value, signaling a growing market interest in the protocol. This remarkable growth underscores Arbitrum’s increasing adoption and recognition for
Decentralized applications (dapps) have been gaining tremendous popularity in recent years, and the ability to scale effectively is a crucial factor for the success of any blockchain platform. In this article, we will explore the different approaches taken by Solana and Ethereum in addressing the scalability challenge. While both platforms aim to provide scalable solutions,
Celestia (TIA) has experienced remarkable growth since its initial launch on the Osmosis platform back on October 31, 2023. From its modest beginnings, the price of TIA has displayed a volatile yet upward trajectory over time. Despite the inherent fluctuations in the dynamic cryptocurrency market, TIA has managed to increase its valuation multiples over the
In the past day, the cryptocurrency market has experienced a significant downturn, with XRP being one of the most affected assets, losing 10% of its value. This sudden decline has caused upheaval in the market, resembling a seismic shift reminiscent of the events in August of the previous year. The value of XRP has dropped
In the ever-evolving world of cryptocurrency, memecoins have taken center stage, captivating traders and investors with their explosive moves and potential for astronomical gains. The latest token to catch the attention of the market is BONKITA, a spin-off memecoin riding the coattails of the popular BONK narrative. Within hours of its launch, BONKITA experienced a
California Senator Steve Padilla has introduced two new bills, Senate Bills 892 and 893, aimed at establishing a comprehensive and ethical framework for the use of artificial intelligence (AI) in the state. These proposed rules aim to harness the potential of AI while ensuring its safe and responsible use, particularly in state contracts. Senator Padilla
In the world of decentralized finance (DeFi), security breaches have become an unfortunate reality. Recently, Gamma Strategies, a DeFi protocol built on the Ethereum blockchain, experienced a devastating exploit, resulting in a loss of approximately $3.4 million. The exploit was initially identified by blockchain investigator PeckShield on January 4 and was later confirmed by Gamma
Coinbase UK, one of the leading cryptocurrency exchanges, is taking proactive steps to comply with the Financial Conduct Authority’s (FCA) upcoming financial promotions regulations. As of January 8, Coinbase UK is requesting its users to complete a risk-acknowledgment form. This form aims to identify the investor type of users and assess their understanding of the
Bitcoin’s recent rejection for a spot Bitcoin ETF caused a downward spiral in the crypto market, with Bitcoin sinking to around $40,500. This selloff also affected the price of Hedera Hashgraph’s HBAR token, which dropped nearly 9% to $0.0885. However, HBAR remains within its current trading range and has maintained its position above its weekly
The cross-chain lending protocol Radiant Capital has recently fallen victim to a hack, resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million. This incident has raised concerns about the security and vulnerabilities of decentralized finance platforms, particularly in the face of flash loan attacks. The Hack and Exploitation According to the blockchain
