News

Crypto Market Signifies Steady and Greedy Recovery
Crypto Market Signifies Steady and Greedy Recovery

Crypto analysts believe the crypto market is heading towards a ‘clean-up’ phase.  We will likely see the downfall of all shit projects and shit coins.  In return, promising new projects will flourish instead. The crypto market has been moving in a green, upward motion over the last few days. In particular, both Bitcoin (BTC) and Ethereum (ETH) have had a decent surge in their prices since the past week.  This led many crypto analysts to further study crypto charts in order to determine the possibility of reaching the bottom. After all, such news would be very welcome after the brutal

2 mins read
Gucci-Boutiques-now-Accept-Apecoin-For-Payment
Gucci Boutiques now Accept Apecoin For Payment

Now, several Gucci boutiques accept Apecoin for payment. The Apecoin team announced the news on their blog. It is not yet clear what the long-term plans are for Gucci’s Apecoin experiment. The action taken by the boutique firm is Yet Another Step in the House’s Exploration of Web3 technologies, which they have been active in since early 2020. The move also represents an incremental advance in the use of Apecoin as a means of payment for online transactions. The Apecoin team announced the news on their blog, writing: “We’re excited to announce that Gucci is now accepting Apecoin payments for

2 mins read
Micheal-Saylor-to-Transition-to-Executive-Chairman
Micheal Saylor to Transition to Executive Chairman

Bitcoin’s Michael Saylor is leaving his role as the CEO of MicroStrategy. Phong Le will take over as the CEO from his post as President. The changes are expected to take effect on Aug. 8. Michael Saylor, a maximalist in the Bitcoin (BTC) camp, has announced that he will leave his post as president and CEO of MicroStrategy, the company he helped create in 1989. In a filing with the U.S. Securities and Exchange Commission (SEC), Saylor said he would relinquish his role as CEO but remain with the business intelligence software firm as its executive chairman. MicroStrategy announced that

2 mins read
Solana Touches $200 as Team Reveals Carbon-Neutral Year
Solana Price May Moon Despite Recent Hack

Solana wallets experienced a widespread hack of unknown origin. However, the news did very little FUD to the price of Solana (SOL). Solana is changing hands at $40.35, as per CoinGecko. Despite a widespread hack that led to the draining of huge amounts of money, the price of Solana (SOL) may increase in the coming days. Specifically, SOL price remains in the attractive ‘buy’ zone. In fact, the hack has done nothing but shake some value off Solana’s market capitalization a couple of hours after initial reports. As seen on the chart above, SOL has been on a downtrend approaching

2 mins read
Ethereum-Transaction-Fees-Still-Plummeting
Ethereum Transaction Fees Still Plummeting

Ethereum’s transaction fees have remained ultra-low. The average transaction fee on the network as of May was $3.77. The fee has currently plummeted to below $1 Ethereum‘s transaction fees have remained ultra-low despite the price jump since mid-June. Ethereum’s transaction fees are still plummeting. This is after Ethereum’s largest layer 2 protocol Arbitrum launched a new chain that promises ultra-low-cost transactions together with the Scarcer circulation protocol. Arbitrum Rollup Chain is a major development for the Ethereum ecosystem, as it has helped to drive down transaction fees and make the network more scalable, as it is designed to be compatible

2 mins read
UFC-Partners-with-VeChain-for-VeChainThor’s-Mass-Adoption
UFC Partners with VeChain for VeChainThor’s Mass Adoption

VeChain partners with UFC to offer solutions to real world problems. Sunny Lu, VeChain CEO, cited 6 ways on how their blockchain will change the world. The foundation is currently offering more opportunities around Europe. VeChain Foundation, a leading enterprise-grade L1 smart contract platform, has recently partnered with the Ultimate Fighting Championship (UFC) to offer solutions for sustainability, Carbon Management, Medicine, Automobile, Energy, DeFi, and more. Co-founded by CFO Jay Zhang and CEO Sunny Lu in 2015, VeChain initially started its operation as a private consortium blockchain network. They acknowledged that blockchain technology could alter the course of industrial processes

2 mins read
Bitcoin Drops $33K, Predictions to Hit $10K This Year
Bullish Bitcoin Hangs on Turbulent Political Standoffs

Crypto analysts debate the place of crypto over the next few weeks. Digital currency may sink or swim depending on various factors in play.  Most of these factors include geo-political tensions around the world. The previous week has been good to the crypto community. Both Bitcoin (BTC) and Ethereum (ETH), the powerhouses of the crypto sector, are showing bullish signals. Accordingly, many investors experienced decent pumps.  On the other hand, this week seems to be dealing strife to the crypto community. Just yesterday the Nomad Token Bridge lost almost $200 million in a crypto hack. In addition, Solana underwent a

2 mins read
Solana Touches $200 as Team Reveals Carbon-Neutral Year
Crypto Hack Targets Solana, Drains Over 7,000 Wallets

The Solana network underwent a brutal crypto hack. It drained over 7,000 wallets with over $6 million siphoned. Community leaders share their thoughts on Twitter to engage the masses. It does not look good for the web3 and crypto sector at the moment. The last few hours in particular saw the Solana network become a victim of a multi-million dollar hack. Indeed a devastating attack as over 7,000 wallets got drained.  In detail, the hacker drained around $6 million by raiding 20 wallets per minute. At the moment, the details are still unclear to many as the attack happened quite

2 mins read
Nomad-just-got-drained-over-$150M
DeFi Protocol Nomad Just Got Drained Over $150M

Nomad bridge released an alert about an ongoing hack. Multiple transactions of money were observed leaving the bridge. This attack will have far-reaching implications for the Ethereum network. On August 2, at around 3:00 a.m., Nomad bridge released an alert about an ongoing hack. The protocol’s coffers of over $190 million were emptied during the following hours. White hat ‘samczsun,’ a crypto community developer, broke down the chain of events in a blog post, describing them. He referred to it as “one of the most chaotic hacks that Web3 has ever seen.” Multiple transactions of money were observed leaving the

2 mins read
Shiba-Inu,-proud-to-reveal-the-name-of-the-CCG-game
Shiba Inu, Proud To Reveal the Name of the CCG Game

The SHIB Collectible Card Games (CCG) name has finally been announced. Shiba Inu developers collaborated with Playside Studios. The game will be available to users on both Apple App Store and Google Play Store. The name of the popular Shiba Inu-themed cryptocurrency’s forthcoming card game, which was recently revealed on Twitter, is Shib CCG. The creators of the most well-known dog-themed cryptocurrency announced that the Shib CCG game is officially known as “Shiba Eternity.” The game is a collaboration between Shiba Inu developers and Playside Studios, who are also responsible for the development of popular card games such as Artifact

2 mins read
New-York-urges-crypto-market-crash-victims-to-speak-out
New York Urges Crypto Market Crash Victims To Speak Out

The Attorney General for the State of New York has issued an investor alert. New Yorkers who have been affected by crypto frauds are strongly encouraged to report The cryptocurrency industry has been rife with scams and fraudulent behavior. Letitia James, the Attorney General for the State of New York, has issued an investor alert warning anyone harmed or misled by the cryptocurrency crash to contact her office. Investors have been left in financial ruin as many high-profile cryptocurrency companies have halted customer withdrawals, implemented massive layoffs, or sought bankruptcy. Office of the Attorney General (OAG) is looking for New

2 mins read
BabyDoge-Beats-Shiba-Inu,-Steals-Most-Searched-Title
BabyDoge Beats Shiba Inu, Steals Most-Searched Title 

BabyDoge steals the most-searched title from Shiba Inu (SHIB).  The memecoin seems to be gaining momentum amid Ethereum’s rise. It even beat other ERC-20 projects like Axie Infinity and Ethereum itself. According to EthereumDaily, BabyDoge has taken the spot of most-searched ERC-20 project on CoinMarketCap over the last 7 days. It seems the popular meme token has triumphed over its many other competitors.  It is important to note that, BabyDoge has not only beat other meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), but it has also beat other impressive Ethereum-based projects like Axie Infinity and Ethereum itself.  In

2 mins read