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Archives by Year:
Twitter Chooses Ex-Zcash Dev to Head Bluesky Project
Former Zcash developer Jay Graber has announced that she will be heading Bluesky, Twitter’s social media decentralization project. Jay Graber Will Lead Bluesky Graber announced on Twitter today that she will lead the project. I’m excited to announce that I’ll be leading @bluesky, an initiative started by @Twitter to decentralize social media. Follow updates on […]
It’s Make or Break Time for Bitcoin
Key Takeaways Bitcoin reaches a vital point in its trend after a 5% correction. BTC’s ability to withstand the recent spike in profit-taking could see prices rise to $51,000. But further selling might lead to a downswing to $40,000. This news was brought to you by Phemex, our preferred Derivatives Partner. Bitcoin could soon define […]
Crypto Fintech hi Hits One Million Users in 100 Days
Key Takeaways Fintech company hi has hit one million members less than 100 days after its launch. The company’s digital wallet allows users to send payments via social messengers such as WhatsApp and Telegram. Integrating crypto with social media has become a growing trend in recent months. This news was brought to you by Phemex, […]
Pudgy Penguins: Pump & Dump or NFT Mainstay?
Key Takeaways Month old project Pudgy Penguins has become the top traded collection on NFT marketplace OpenSea. The project has encountered controversy, with some accusing one of the founders of being a scammer. However, interest in the project looks genuine and demand for pudgy penguin NFTs continues to grow. Are pudgy penguins just another elaborate […]
NFT Gorillas Burn $90,000 Ethereum Per Minute
The Ethereum network hit a peak burn rate of 27.90 ETH per minute Sunday as users competed to mint CyberKongz VX NFTs. NFTs Burn Ethereum As NFT mania reaches its peak, so does the amount of Ethereum burned by transactions. This weekend saw extreme levels of Ethereum burned, fueled by the highly-anticipated CyberKongz VX project […]
How CryptoPunks Inspired a Wave of NFT Avatars
Key Takeaways CryptoPunks have spawned an NFT subgenre of avatars. Subsequent NFT avatar projects have followed the fundamental concepts introduced by CryptoPunks. However, the most successful projects have stood out by bringing something new to the NFT avatar scene. As one of the earliest examples of non-fungible tokens, CryptoPunks have become the most coveted NFT […]
Ripple Whales Return to Push XRP Prices Higher
Key Takeaways Ripple’s XRP token is up more than 17% in the last 24 hours. The upward price action is supported by large whales that are accumulating. Further buying pressure could see XRP rise to $1.25. This news was brought to you by Phemex, our preferred Derivatives Partner. Market participants are rushing into positions as cryptocurrencies […]
Jack Dorsey Explains Why He’s Steered Clear of Ethereum
Key Takeaways Twitter CEO Jack Dorsey has expressed his stance on Ethereum. Users recently suggested that Twitter was afraid to work with Ethereum because it could disrupt Big Tech. Dorsey said that Ethereum has some value, but that he and Twitter have decided to focus on Bitcoin. Twitter founder and CEO Jack Dorsey has expressed […]
Polygon Acquires Layer 2 Blockchain Hermez for $250 Million
Key Takeaways Polygon is spending $250 million to acquire all HEZ tokens and rebrand the Hermez Layer 2 to Polygon Hermez. Polygon Hermez will be a true Layer 2 Ethereum solution, with low fees and low latency. As part of the deal, HEZ holders will be able to exchange their HEZ tokens with MATIC tokens […]
Cardano Says Smart Contracts Will Go Live in September
Key Takeaways Cardano’s team has confirmed that smart contracts are scheduled to launch on the blockchain with the Alonzo hardfork on Sep. 12. The launch will allow for DeFi, NFTs, and gaming apps to go live on Cardano. Cardano’s ADA token has surged today in anticipation for the update. It’s now the third biggest cryptocurrency […]
