Coinbase-backed Base restores block production after more than 40 minutes outage

Coinbase-backed layer2 network Base suffered a temporary outage that led to a stalled block production on Sept. 5. The blockchain network, however, has “identified and remediated” the issue and assured users that their funds were safe. According to its status page, Base’s stalled block production led to users having problems submitting new transactions on the […]

Shiba Inu: On-Chain Sleuth Exposes SBI Holdings Was Behind SHIB’s Rise

In a recent revelation, on-chain researcher BoringSleuth has connected the dots between the meteoric rise of the meme token Shiba Inu and SBI Holdings, Japan’s largest digital bank conglomerate. The researcher’s deep dive into the financials and strategic moves of SBI Holdings suggests a potential orchestration behind the scenes. BoringSleuth’s revelation began with a cryptic […]

Shaping Tomorrow: Agoric’s Journey to Empower Web2 Developers Into Web3

Certain long-standing systems seem to be more resistant to change than others. Despite their bottlenecks and risks, financial systems are prime examples of traditional institutions to which people remain bound, for better or for worse. That’s all changing. Rapid advancements in the digital world, characterized by the rise of blockchain technology and decentralized finance (DeFi), […]

Lido on Solana Seeks $1.5 Million Financial Aid to Continue Operations

The team behind the Lido on Solana project is struggling to meet its initial objectives and is looking to the community to fund the project with $1.5 million for growth and development. However, its staking solution on the Solana network could cease if the project does not get financial assistance. A $1.5 Million Budget to […]

Shiba Inu Unlocking Billion-Dollar Opportunities for Businesses of All Sizes and Individuals as SHIB’s Shibarium Ecosystem Explodes with 1,168,483 Transactions and 1,117,993 Wallets

Shibarium’s rapid growth marks a significant milestone with over 1.1 million transactions and wallet addresses, blowing past mainstream competitors. With soaring staking figures, fast block times, and massive large transaction volumes, Shibarium’s promise for businesses and individual investors is colossal. Shibarium, Shiba Inu’s Layer-2 scaling solution, has reached a jaw-dropping 1,168,483 transactions. According to the […]

Bitcoin 4-Year Cycles Might Not Be Linked to Halvings, But Money Supply Shifts

It has long been assumed that Bitcoin’s four-year cycles are intrinsically linked to the halving events when the block rewards are cut. However, an alternative theory has emerged that suggests this may not be the case. The past three major market cycles for Bitcoin and crypto have come pretty regularly every four years or so, […]

Bitcoin Rally Prediction, Huge Milestone for SHIB, Major XRP Listing: Bits Recap Sep 6

Bitcoin’s recent price volatility has been a hot topic in the crypto world. Despite expectations of a rally above $30,000, Bitcoin’s price fell back to levels noted three months earlier. The crypto fear and greed index indicates market sentiment currently leans toward fear. However, cryptocurrency analyst Dave the Wave predicts a significant rally post-2024, suggesting […]

CBDCs will gradually displace private banks, says Russian lawmaker

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.

dYdX to launch decentralized order books exchange on Cosmos: KBW 2023

dYdX Foundation CEO Charles d’Haussy said that the dYdX exchange is taking a “new step forward” by decentralizing the order book.

Bernstein Says Bitcoin and Crypto Poised for Epic Rally

Financial research firm Bernstein anticipates significant rally on cryptocurrency market, led chiefly by Bitcoin