In a surprising turn of events, Cardano (ADA) has been dethroned from its position in the top 10 cryptocurrencies by market capitalization. This unexpected shift in rankings has paved the way for Tron (TRX) to take its place, signaling a significant change in the landscape of the crypto market. Cardano, once a popular altcoin with
The recent choppy consolidation in the price of Bitcoin has left many in the market feeling uncertain. Despite this, a group of Bitcoin holders known as whales, particularly those holding between 100 and 1,000 BTC, have been steadily increasing their holdings. According to Santiment, these whales have accumulated an additional 94.7K BTC over the past
Opeyemi is a skilled writer and enthusiast in the exciting and unique realm of cryptocurrencies. While the digital assets industry was not his first choice, he has remained absolutely drawn to it since he entered the space over two years ago. Now, Opeyemi takes pride in creating unique pieces that unravel the complexities of blockchain
A new malicious browser extension known as the “Bull Checker” has recently emerged, targeting Solana users on Reddit. This extension, disguised as a meme coin tracker, has managed to evade detection systems and drain users’ wallets, causing significant financial losses. The Uncovering of Bull Checker In a recent incident, Jupiter’s pseudonymous founder, Meow, reported that
Bright Star Studios, the developers behind the much-anticipated MMORPG Ember Sword, recently announced a switch from Immutable X to the Mantle Network. This decision to harness Mantle’s technology aims to enhance the gaming experience for players. But what does this transition mean for the game, its players, and the future of blockchain integrated gaming? Ember
The United States spot Bitcoin exchange-traded fund (ETF) market experienced a decline in daily trading volume, with only $779.87 million recorded on Monday. This drop in trading volume marks the third lowest level, following the records set on February 5th and 6th. According to SOFA.org’s Head of Insights, Augustine Fan, the low trading volume is
Tokyo’s Metaplanet investment firm recently announced that it has purchased an additional 57.273 BTC, worth approximately 500 million yen or $3.4 million. This move comes amidst a current market lull, with the firm aiming to position itself for long-term growth. The strategic acquisition is part of a larger plan that was revealed on August 8,
German authorities recently confiscated $28 million in cash and 13 crypto ATMs in a nationwide operation aimed at curbing unlicensed activities within the country’s rapidly expanding crypto market. Spearheaded by the Federal Financial Supervisory Authority (BaFin), the crackdown underscores Germany’s commitment to mitigating the risks associated with unregulated financial activities, especially those involving digital assets.
In a recent statement shared with CryptoSlate, Binance, the leading crypto exchange, announced that it had successfully prevented over $2.4 billion in potential user losses from scams and fraud within the first seven months of 2024. This innovative approach highlights a significant step towards protecting users and their assets within the volatile crypto market. Binance
In a recent turn of events, the meme coin sector has witnessed a significant surge, pushing its market capitalization above the $40 billion mark. This rally was led by various cat-themed meme coins, such as Popcat (POPCAT), Mog Coin (MOG), and Cat in a Dogs World (MEW). These assets have seen impressive gains, with POPCAT