Shiba Inu, a leading meme coin, has recently experienced a 20% surge in price, driven by a significant influx of $2 billion in trading volumes. This surge in activity can be attributed to the announcement from SHIB developers regarding the addition of an extra privacy layer to the recently launched Shibarium L2. The collaboration with
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Hungary has taken a notable step forward in the financial sector with a legislative proposal that would allow banks, investment funds, and asset managers to offer services in cryptocurrencies. This initiative is part of a broader movement within Europe towards the adoption of digital assets. If approved, the laws are set to take effect on
In the year 2024, the Artificial Intelligence (AI) coins market has experienced a significant surge in performance, with returns from AI-related cryptocurrencies increasing by 76% since the beginning of the year. This remarkable growth has been fueled by the strong performance of AI tokens such as Worldcoin, Fetch.AI, and SingularityNET, which have seen notable gains
The Wall Street Memes community is buzzing with excitement following a recent burn event that saw 5% of the $WSM token supply destroyed. To add to the festivities, WSM Casino has announced a massive $1 million airdrop. This airdrop is a way to celebrate a significant milestone for the leading crypto casino, with $100 million
Recently, the Nigerian government has been considering imposing fines of up to $10 billion on Binance, a major cryptocurrency exchange. The Special Adviser to the Nigerian President, Bayo Onanuga, has accused the exchange of profiting from illegal transactions within the country, causing significant financial losses. He believes that imposing such a hefty fine would serve
The recent reports suggesting a sharp decrease in the availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks have sent shockwaves through the market. With only around 40 BTC available for sale at one point, the implications of this scarcity are significant and could potentially mark a new era in BTC trading dynamics. Market Observations and
Cardano (ADA) has made a significant price breakout, surging to $0.710 on Thursday for the first time since May 2022. This breakout marks a pivotal moment for ADA as it emerges from a prolonged consolidation phase that spanned the latter part of 2023 and the beginning of 2024. With this surge, ADA now sets its
MixMob, a gaming platform on the Solana blockchain, has taken a unique approach to bringing the beloved Stormtrooper character to life in their game Racer 1. What sets this collaboration apart is the fact that it was not secured through the traditional channels of Disney or Lucasfilm. Instead, MixMob has partnered with the original prop
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has recently reached a settlement with the New York Department of Financial Services (NYDFS) to return over $1.1 billion to customers affected by the collapse of its Gemini Earn Program. This agreement also includes a $40 million contribution to Genesis Global Capital’s bankruptcy proceedings and
Justin Sun, the co-founder of Tron, a smart contracting platform for decentralized applications (dapps), has once again caught the attention of the cryptocurrency community by shuffling millions of dollars. According to Lookonchain data on February 29, Sun transferred 100 million USDT to Binance shortly after moving substantial sums earlier in the week. This comes after