Shibarium, a layer-2 blockchain solution developed on the Ethereum network, has made significant strides in the past year. The platform, dedicated to supporting the growth of the Shiba Inu ecosystem, has implemented various upgrades and enhancements to improve network performance and scalability. Since its inception, Shibarium has processed over 418 million transactions, reaching a significant
2024
German authorities recently seized nearly 250,000 euros and 13 crypto ATMs during a nationwide crackdown on unlicensed cryptocurrency machines. The operation, led by the Federal Financial Supervisory Authority (BaFin), aimed to strengthen regulatory oversight in Germany’s rapidly expanding crypto sector. On August 20, officials targeted 35 locations where crypto ATMs were allegedly operating without proper
Recent reports from Coinbase suggest that young, pro-crypto voters could play a significant role in determining the outcome of the 2024 US presidential elections. With Gen Z and Millennials now representing 40% of the electorate, their increasing support for candidates who advocate for crypto and financial innovation is becoming more apparent. The dissatisfaction with the
Bitcoin’s price has experienced a significant surge, reaching $65,000 for the first time since early August. One of the key factors that have contributed to this surge is the US Federal Reserve’s economic policies. The relationship between Bitcoin and the US Federal Reserve has been evident in recent years, particularly following the change in stance
Cryptocurrency exchange Binance has announced that it will be performing wallet maintenance for The Open Network (TON) on August 26. During this maintenance period, TON deposits and withdrawals will be temporarily suspended. However, trading will not be affected by this maintenance. The maintenance is expected to last for approximately two hours, after which all services
Lately, Cardano has been the subject of numerous bullish predictions, especially in relation to the highly anticipated Chang upgrade. This significant upgrade is set to be one of the most crucial ones for the network in quite some time, sparking a wave of optimism among its supporters. Over the past three years, the Cardano price
Pi Network, introduced in 2019, is a crypto project that has garnered significant attention in the industry. The project’s goal is to allow users to mine and earn digital assets using their mobile devices. One of the key selling points of Pi Network is its commitment to energy efficiency, achieved through the use of the
In recent times, the Layer 2 network landscape has witnessed a significant shift, with Base, an Ethereum Layer 2 network incubated by Coinbase, making impressive strides. According to research conducted by IntoTheBlock, Base now boasts nearly 40% more daily active addresses compared to its competitors, Arbitrum and Optimism. This substantial growth underscores Base’s increasing dominance
In a surprising turn of events, Cardano (ADA) has been dethroned from the coveted top 10 cryptocurrencies by market capitalization. Tron (TRX) has taken its place, signaling a notable shift in the crypto market landscape. The decision was based on data from CoinMarketCap, revealing that Cardano’s market capitalization had dwindled to around $12.3 billion, pushing
In a recent announcement, Binance, the leading cryptocurrency exchange in terms of trading volume, revealed that it successfully prevented over $2.4 billion in potential user losses from scams and frauds in the first seven months of 2024. The exchange reported that a significant portion of these averted losses, approximately $1.1 billion, were related to withdrawals