Launchpad XYZ Raises Over $1.4 Million in Presale as Wall Street Memes Launches High-Yield Staking Protocol

Wall Street Memes (WSM) and Launchpad XYZ (LPX) are two low-cap cryptos gaining traction recently. WSM and LPX are both in the midst of successful token presales, with LPX having raised over $1.4 million and offering a limited-time 20% bonus for presale participants. WSM and LPX have both attracted attention from the influencer community, with […]

Cardano Co-Founder Predicts Project Will Overtake Bitcoin and Ethereum

Cardano’s co-founder Charles Hoskinson has made a bold prediction that his project will overtake Bitcoin and Ethereum in the future. He believes that Cardano has higher scalability and interoperability, which will give it an edge over the two leading cryptocurrencies. Hoskinson also believes that Cardano’s decentralized governance will give people a chance to rise and […]

SHIB Token Outflows Reach $16 Million as Shibarium Goes Live

Shiba Inu (SHIB) tokens have seen a substantial amount of withdrawals last week, amounting to two trillion tokens, which is equivalent to $16 million. The highest outflows were seen on August 22 and 23, accounting for 80% of the total amount. Currently, there are over 80 trillion SHIB tokens on cryptocurrency exchanges, equaling approximately $635 […]

Shibarium Team Warns of Prolonged Processing Times for Ethereum Layer2 Withdrawals

The Shibarium team has announced that withdrawals from their Ethereum Layer2 bridge will take longer than usual to process. This was updated on August 28, 2023 at 11:32 am.The bridge is a tool that allows users to transfer funds from one blockchain to another. It is designed to make transactions faster and more secure.The Shibarium […]

Crypto Market Correction Abating, JPMorgan Analysis Suggests

Cryptocurrency markets have been experiencing a period of correction, but a recent analysis by JPMorgan Chase & Co. suggests that this phase is coming to an end. The liquidation of long positions within the crypto sphere has largely been settled, making significant drops in value less probable. Futures contracts for Bitcoin trading on the Chicago […]

Shiba Inu’s Shibarium Average Block Time Could Ignite Bull Run

Shiba Inu’s Layer-2 blockchain, Shibarium, has recently achieved an average block time of 5 seconds, making it one of the fastest Layer-2 blockchains in the cryptocurrency realm. Despite this, SHIB’s price has remained stable at $0.0000008, leading many holders to withdraw their tokens from exchanges. However, on-chain data suggests that bullish times may be on […]

Bitcoin Network Reaches Record Hash Rate Amid Global Energy Crises

The Bitcoin network has achieved a significant milestone, with a record 400 th/s hash rate. This comes at a time when the world is facing an energy crisis, highlighting the need for sustainable mining solutions.The hash rate is a measure of the computing power of the Bitcoin network, and is used to secure the network […]

Shiba Inu’s Shibarium L2 Scaling Solution Goes Live After Trials and FUD Attacks

Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, and marks a major milestone for the Shiba Inu project.Shibarium has already boasted over 65k wallets and processed 350 transactions. […]

Stablecoin Market Cap Shrinks as Bitcoin Price Recovery Faces Pressure

The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new inflows and money leaving the crypto sector faster than it is coming in. This has put additional […]

Crypto Enthusiasts: Carbon Unveils Strategy to Amplify Rewards

Crypto enthusiasts can now optimize their rewards with Carbon’s strategy. The process involves obtaining $SWTH on Demex, transforming it into rSWTH via StaFiHub, bridging it to Terra with TFM, and staking it on Terra’s staking platform. Rewards include both SWTH and LUNA. Additionally, Alliance staking rewards are now active for both 0xcarbon and Migaloo_Zone LSTs […]