Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chipmaker and a key supplier to Nvidia has forecasted a substantial increase in sales for the second quarter of 2024. The company expects sales to variate between $19.6 billion and $20.4 billion, noting a growth of 30% during the corresponding period of the previous year. This trend […]
Polkadot Teases Jam Upgrade In Potential Network Overhaul
Co-founder of Polkadot Gavin Wood, took to X earlier on Thursday to tease the release of the Join-Accumulate Machine (JAM) upgrade. This proposal is designed to revolutionize the future of Polkadot. JAM To Replace Relay Chain Wood unveiled the JAM Gray Paper at the Token2049 crypto conference underway in Dubai, where he provided details about […]
JPEX Exchange Rugpull Suspects Nabbed In Hong Kong
More than 70 people have been arrested so far in connection with the JPEX Exchange cryptocurrency scandal that led to the eventual loss of HK$1.6 billion. Hong Kong Tackling Biggest Financial Fraud Case Local news outlet South China Morning Post reported the arrest of these suspects earlier on Thursday. According to an update offered by […]
2 Top Altcoins To Buy Last Minute Before Bitcoin Halving
Bitcoin halving is anticipated in slightly over a day, as confirmed by various countdown calculators like CoinGecko. The event is expected to create unparalleled optimism for a bull run in 2024, led by a Bitcoin price surge to a new all-time. Although pertinent to BTC, top altcoins to buy like Solana (SOL) and Shiba Inu […]
Shibarium Transactions Up 160% As SHIB Pushes For Recovery
Amidst key metrics recovery, Shiba Inu’s Shibarium transactions surged by an outstanding 160% within 24 hours. Shibarium Retraced Transaction Volume Boost Data from Shibariumscan shows that transactions on the Ethereum Layer-2 scaling solution reached 562,980 as of press time. This is a significant increase from 352,000 registered by the network a few hours earlier. At […]
Jury Convicts Avraham Eisenberg for Mango Markets $110M Exploit
A federal jury in the Southern District of New York has found Avraham ‘Avi’ Eisenberg guilty of having taken part in a $110 million exploit of the decentralized cryptocurrency exchange Mango Markets. After two days of deliberations, the jury returned a verdict, finding Eisenberg guilty of several counts, such as wire fraud, commodities fraud, and […]
Cardano CEO Unveils Interim Constitution, Signals New Governance Era
Cardano Foundation CEO Frederik Gregaard has recently unveiled the interim constitution of Cardano. This represents a major change towards decentralization of governance in the Cardano community. The interim constitution will specify basic principles, including transparency, accountability, and responsible management. The objective of these guidelines is to provide each ADA owner with the possibility to actively […]
The Top Base Coins to Buy in 2024
Coinbase’s Base L2 network has been one of the EVM ecosystems with the quickest growth in 2024. Some developers have chosen to launch on the network due to Base’s outstanding performance. Interestingly, some of the cryptocurrencies launched on the network recorded an impressive price surge. This article aims to shed light on some of the […]
Solana Price Considers Rebound To $200 – Can Traders Bet On SOL?
Solana price took a massive tumble last week as Bitcoin nosedived to $61,000 caught in the rising geopolitical tensions between Israel and Iran. Globally, risk assets turned red, with SOL sliding to $120 on Saturday. The widespread selling pressure and instability spilled into the new week, holding SOL hostage between support at $120 and acute […]
3 Ethereum Altcoins Outperforming Solana Today
Ethereum has seen slow growth amid the recent market crash, and partly fueled by the fading expectation of SEC approving Ethereum ETFs in may. ETH has experienced losses by 15% in the past week, facing resistance at $3,550, with Bitcoin also making a substantial pullback. Despite this downtrend, some Ethereum-based cryptocurrencies have shown significant growth […]