Decentralized exchanges (DEX) have long been a popular choice for cryptocurrency traders seeking more control over their assets. In the world of DEX, there is a new player on the rise – Base, Coinbase’s newly launched layer2 network. Within just 24 hours of its public launch, Base has already surpassed established layer1 networks like Cardano
Ripple’s recent legal victory against the United States Securities and Exchange Commission (SEC) has not only boosted market sentiment but has also ignited a surge in activity on the blockchain. In a significant development, XRP has now surpassed Ethereum in terms of daily transactions carried out on the Ripple Ledger. This milestone showcases the resilience
In a surprising turn of events, the non-fungible token (NFT) project y00ts has decided to switch blockchain networks once again. It was only four months ago that the majority of its NFTs were bridged from Solana to Polygon. However, DeLabs, the NFT firm behind y00ts, recently announced that it will soon be migrating to Ethereum,
In a high-stakes legal battle, attorneys representing Tesla CEO Elon Musk are calling for the dismissal of a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers argue that the accusations should be dismissed with prejudice, preventing plaintiffs from burdening the judicial system with additional
The iconic television franchise, Star Trek, has taken a bold step into the world of NFTs and crypto collectibles. CBS Studios has recently submitted an application to secure the name “Star Trek Continuum” for their new line of digital assets. This move demonstrates the growing interest and potential of NFTs in the entertainment industry. In
The cryptocurrency market has been known for its fast-paced nature and the emergence of various meme coin projects. Among these unique digital currencies is Cowabunga Coin, drawing inspiration from the beloved Teenage Mutant Ninja Turtles. The Ninja Turtles have proven themselves masters of reinvention, captivating global audiences for decades. Now, they are embracing the world
The team behind Bitcoin Ordinals has taken a significant step towards driving the development of nonfungible tokens (NFTs) on the Bitcoin blockchain. With the launch of the Open Ordinals Institute, a nonprofit organization, they aim to provide the necessary funding for Ordinals developers. Since its introduction in January, the Bitcoin Ordinals protocol has gained immense
Bitstamp, a popular cryptocurrency exchange, has recently announced its decision to halt U.S. trading for several cryptocurrencies due to increasing regulatory concerns. The company revealed that it would be blocking U.S. users from trading Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol (NEAR), The Sandbox (SAND), and Solana (SOL). These delistings come
It has been reported that Ryan Salame, the former co-CEO at FTX’s Bahamas subsidiary, FTX DM, is currently engaged in negotiations with federal prosecutors. These talks could potentially lead to Salame pleading guilty to criminal charges in relation to the collapse of the crypto exchange. The news of these negotiations was first reported by Bloomberg
The cryptocurrency industry has been plagued by scams, and the latest victim is Blockchain Capital, a well-known crypto-focused venture capital firm. Its Twitter account was recently taken over by scammers who attempted to deceive users into a token claim scam. This incident highlights the growing threat of scammers infiltrating social media platforms to trick unsuspecting
