Aug 09 2024 @ 10:50
Avalanche (AVAX) has secured a strong position in the cryptocurrency market, with a market cap exceeding $10 billion, placing it among the top 15 digital assets. Despite competing with major players like Ethereum, Avalanche has attracted significant institutional support, including over half a billion dollars from Andreessen Horowitz and Polychain Capital. However, the platform has […]
Aug 06 2024 @ 14:44
The Securities and Exchange Commission has abandoned its role as a market regulator, instead transforming into an anti-crypto crusader. This agency, once a bastion of investor protection, is now a threat to innovation and financial freedom. The SEC’s hostility towards crypto is palpable. Chair Gary Gensler has openly displayed disdain for the industry, using his […]
Aug 05 2024 @ 07:20
The health and potential of a blockchain ecosystem are often reflected in the number of active developers contributing to its growth. A thriving developer community is a cornerstone for innovation, security enhancements, and overall trust in a cryptocurrency project. Ethereum, the undisputed pioneer of smart contracts, continues to reign supreme in terms of developer activity. […]
Aug 02 2024 @ 11:57
Ethereum has emerged as the undisputed king of proof-of-stake blockchains. With a staggering $111 billion worth of ether staked as of July 2024, nearly 28% of the total ETH supply is locked up to secure the network. While this substantial “security budget” is essential for protecting Ethereum from attacks, it has also led to unexpected […]
Jul 31 2024 @ 08:39
Binance Coin (BNB) has an intriguing backstory that traces back to its founder, Changpeng Zhao, also known as CZ. Born in China, CZ moved to Canada at the age of 12. His fascination with technology blossomed during his teenage years. After studying computer science, he started his career at Bloomberg in 2001. By 2005, CZ […]
Jul 30 2024 @ 11:00
Sentiment surrounding Ethereum (ETH) has undergone a dramatic shift. The market is increasingly signaling that the approval of an ETH ETF is an inevitability rather than a possibility. As a result, institutional investors are positioning themselves for a potential influx of ETH into their portfolios. This article delves into the fundamental factors propelling Ethereum towards […]
Jul 29 2024 @ 12:05
Polygon’s network is set to undergo a transformative shift on September 4th as the MATIC token transitions to POL. Initially, POL will assume the mantle as the primary fuel powering transactions and staking on the Polygon PoS chain. This evolution positions POL as a cornerstone for the network’s future, with a pivotal role in the […]
Jul 26 2024 @ 08:56
zkSync Era burst onto the scene as a promising Layer-2 solution for Ethereum, offering the allure of enhanced scalability, lower fees, and a developer-friendly environment. The launch of its native token, ZK, sent the market into a frenzy of airdrop farming, only to be followed by a swift sell-off. While the team behind zkSync, Matter […]
Jul 23 2024 @ 06:53
Coinbase’s Layer 2 network, Base, is experiencing a meteoric rise in Decentralized Exchange (DEX) activity. With a staggering 53% surge in DEX users within the last 24 hours, Base boasts a record 267,000 active users, eclipsing Binance Chain’s 154,000. This explosive growth positions Base as the potential runner-up in the DEX user race for the […]
Jul 22 2024 @ 05:36
In a surprising move, cryptocurrency exchange OKX announced it would be discontinuing all services in Nigeria, citing “recent changes in local laws and regulations.” This decision follows OKX’s suspension of Naira withdrawals in May 2024, which coincided with the Nigerian government’s accusations against another major exchange, Binance, regarding alleged currency...