The meme coin rollercoaster is at it again. Pepe (PEPE) and Mog Coin (MOG) are taking a serious tumble today, providing a wake-up call to retail investors. But not every meme coin is crashing. WienerAI (WAI) continues to impress in its ICO phase, having just crossed the $7 million funding milestone. PEPE Token Suffers Major…
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024, Marathon‘s (Nasdaq: MARA) average operational hashrate grew by 2% month-over-month to 26.3 exahash per second (EH/s).…
Investors are eagerly awaiting the launch of spot Ethereum ETFs this month. But reports of delays appear to have vexed investors. But once spot Ethereum ETFs hit the floor, these new products are estimated to attract net inflows of $3-$5 billion within the first six months of trading, according to a recent report published by…
The cryptocurrency market is no stranger to dramatic shifts and groundbreaking predictions. As we move towards 2024, analysts are buzzing with excitement over the potential surge of two standout tokens: Polygon (MATIC) and Mpeppe (MPEPE). Both tokens are anticipated to experience significant growth, with experts forecasting a 450% increase in value. While Polygon (MATIC) is…
Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud. This move aims to integrate Wallet Guard’s security features into Metamask. Metamask to Boost Security Following Consensys’ Wallet Guard Acquisition The acquisition comes as the Web3 ecosystem faces persistent security challenges, with scams and hacks…
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials (UTC) initiative. The collaboration aims to improve financial inclusion for micro, small and medium enterprises (MSME) globally using blockchain technology. UN Project Explores Digital Identity Solutions for MSME Financing The partnership will focus on developing…
Crypto mining firm Genesis Digital Assets – backed by Sam Bankman-Fried’s fallen hedge fund, is reportedly mulling over an initial public offering (IPO) in the US as the crypto sector gains steam. According to Bloomberg sources, Genesis Digital Assets is currently consulting advisers on a possible listing. The mining company intends to initiate a pre-IPO…
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDT…
Shiba Shootout (SHIBASHOOT), the new meme coin everyone’s talking about, is closing in on a half million dollars in its ICO phase. And given the project’s early success, some investors wonder if they’ve stumbled on the next Shiba Inu. Why Shiba Shootout is the Wildest New Meme Coin So, what’s got everyone so excited? Shiba…
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling a new phase of growth and maturity for both companies. Big Milestone: 2 Market…