In recent days, the Solana community and the broader crypto ecosystem have been facing a troubling trend – a surge in inflammatory memecoins with racist, antisemitic, and offensive content. This article will delve into the repercussions of this trend and the reactions from key figures in the industry. Anatoly Yakovenko, the founder and CEO of
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Super Sushi Samurai, a blockchain game native to layer-2 solution Blast, recently experienced a devastating exploit just hours before the launch of its highly anticipated gaming product. The exploit, orchestrated by a white hat hacker, resulted in a loss of $4.6 million due to a bug in the smart contract code. The exploit allowed an
The Shiba Inu price has been consolidating near $0.26, not far from its recent multi-year highs, driving investors to explore new opportunities such as the latest ICO called Dogwifcat ($DWIFC) in hopes of achieving 1000x returns. With a market cap of $15.59 billion, Shiba Inu has established itself as a prominent player in the world
Recently, analysts at JPMorgan have expressed caution regarding Bitcoin’s future trajectory post the Bitcoin Halving event. Despite the general optimism surrounding the Halving, JPMorgan strategists believe that the flagship cryptocurrency might still face challenges before experiencing significant upward movement. Citing factors such as net outflows in Spot Bitcoin ETFs and sustained open interest in CME
Venturing into the realm of bleeding-edge Web 3 technologies, stackers of small-cap coins have set their sights on the emerging VR token 5thScape (5SCAPE). This unique cryptocurrency is paving the way as the world’s first virtual and augmented reality gaming ecosystem. With a presale that has already raised a staggering $1.9 million, 5thScape is gaining
WisdomTree, a Bitcoin exchange-traded fund (ETF) issuer, has recently obtained regulatory approval from the New York State Department of Financial Services (DFS) to operate its digital asset business within the state. The company received a limited-purpose trust company charter under the New York Banking Law, allowing it to introduce its WisdomTree Prime platform in New
Since March 20, Cardano has been hovering in the $0.61 to $0.64 range, showing signs of consolidation. However, it has lagged behind other cryptocurrencies like Solana and Avalanche, which have experienced significant price gains. The prevailing bearish sentiment in the market has been reflected in the lackluster performance of ADA. While Solana has been receiving
OKX and Immutable have recently announced a strategic partnership that aims to revolutionize the world of NFTs within the gaming industry. This collaboration will introduce a GameFi NFT launchpad and incorporate Immutable’s zkEVM chain into the OKX Marketplace and Wallet. One of the key highlights of this partnership is the creation of a specialized GameFi
Immutable Games has created a buzz in the gaming world with the announcement of the global launch of Guild of Guardians, a highly-anticipated mobile role-playing game. Set to release on May 15th, players worldwide will have the opportunity to delve into the mythical realm of Elderym and build a powerful team of Guardians to take
Following a lengthy legal process, it has been confirmed that Do Kwon, co-founder and former CEO of Terraform Labs, will be extradited to South Korea. The Appellate Court of Montenegro upheld a previous decision to hand him over to his native country, despite multiple appeals from Kwon’s legal team. Initially, Kwon and Terraform Labs’ CEO
The recent surge in Bitcoin’s value, reclaiming the $67,000 mark, came as a shock to many traders who were expecting the market’s decline to continue. This unexpected turn of events led to a wave of liquidations amounting to nearly $300 million within a 24-hour period. According to data provided by Coinglass, approximately 86,047 traders suffered
In a surprising turn of events, Bitcoin managed to reverse its downward trajectory after experiencing several days of local lows. This reversal was triggered by the latest FOMC meeting, which caused the price of Bitcoin to soar by over seven thousand dollars at one point. Not only did Bitcoin experience a significant surge in price,
The newest addition to the crypto space, $Scotty The AI, has taken the decentralized exchange Uniswap by storm with its launch. The token made its debut at a price of $0.01 and quickly surged to $0.02597, marking a staggering 150% increase within just half an hour of trading. Those who participated in the presale ICO
In a significant move, asset management firm BlackRock has chosen Coinbase as the key infrastructure provider for its new tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund aims to maintain a stable value of $1 per token and distribute daily accrued dividends directly to investors’ wallets as new tokens each month.