Sui Network, a Layer-1 decentralized platform, has addressed and clarified widespread misconceptions regarding its token supply. This response, published on the X platform, is a rebuttal to attacks against its tokenomics, particularly on the distribution of tokens and control of tokens by the founders. The network’s founders are under investigation past the allegations of a […]
This Firm Invests $75M In BlackRock, Fidelity, Bitwise, GBTC Bitcoin ETF: SEC Filing
Hong Kong-based investment firms are buying big in spot Bitcoin exchange-traded funds (ETF) in the United States. The latest 13F filings with the U.S. Securities and Exchange Commission have revealed numerous firms buy bitcoins worth millions in spot Bitcoin ETF, indicating institutional investors haven’t left the wave of Bitcoin ETF. Honk Kong Firm Scoops Over […]
Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem
Mishaboar, a Dogecoin community member and developer has flagged Coinbase Wallet and the entire exchange’s ecosystem over privacy-related concerns. Coinbase Wallet and Base Privacy Concerns According to Mishaboar, Coinbase Wallet is a widely used smartphone wallet that was recently optimized for DeFi use. Despite the popularity, the Dogecoin developer believes the risks of using this […]
Mercado Libre Reports $29M in Bitcoin Holdings in SEC Filing
According to the recent Securities and Exchange Commission (SEC) filing, MercadoLibre, the largest e-commerce platform in Latin America, revealed that its Bitcoin holdings stand at $29 million as of March 31. The disclosure indicates the company’s integration of cryptocurrency earlier communicated in 2021, revealing its participation in digital assets despite the volatile market conditions. Amid […]
SHIB Price Analysis: Can Rising Burn Rate Boost Value to $0.0001 Soon?
SHIB Price Analysis: SHIB has recently experienced a notable increase in its market value, rising by more than 8% over the past 24 hours. This uptick highlights the growing enthusiasm and trust that investors and traders have in meme coins. Currently, the Shiba Inu Coin price stands at $0.00002474, showing a positive trend towards recovery. […]
Uniswap Founder Teases 8 Ethical Factors In Token Launch
Hayden Adams, the founder and CEO of Uniswap recently gave his opinion on what makes good token distribution, wrapping his opinion into eight ethical points to note. Markedly, this comes out a few days after concerns were raised by the crypto community on the transparency and fairness of token distribution on EigenLayer. Uniswap Founder Advises […]
Why Solana (SOL) Weekly Gain Might Sustain Despite Pressure
Crypto assets have gained momentum as bulls look to strengthen their position on top assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The wider cryptocurrency market cap climbed to $2.25 trillion, a 2.43% increase in the last 24 hours. Although market cap soared, average daily trading volumes have plummeted 16% to $60.89 billion. Solana […]
LUNC News: Terra Luna Classic Key Proposal Fails, LUNC Price Stars Rallying
LUNC News: Terra Luna Classic community has rejected a crucial proposal on preventing validators from running multiple nodes on the chain. The proposal received some votes in favor from validators, but top validator Allnodes voted “No” citing “No enforceable rules should not be created on permissionless blockchains” as the reason. Terra Luna Classic Proposal Rejected […]
Pro-Crypto Elon Musk explores new tech upgrades: Details
Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), has shared an important update on the platform’s Community Notes feature. This improvement is intended to improve the detection and tagging of deep fake content. Musk says that the update contains state-of-the-art image-matching technology. It is anticipated that the efficacy of Community Notes […]
Bitcoin Price Breaks $64000 As BTC Bounces off Short-term Average
Bitcoin’s (BTC) price moved above $64,000 before making a slight correction igniting bullish momentum following the broader market recovery. The gains registered by the asset in the last 24 hours come after massive liquidations were seen across the crypto market. A new report from on-chain analytics firm CryptoQuant shows the asset bouncing off the short-term […]