Shiba Inu (SHIB) experienced a significant surge of 20% on August 6, following a period of market instability. Despite this positive movement, the coin’s price is still down by 18% on a weekly basis, currently hovering around $0.00001359. This rebound in value coincides with an uptick in key indicators within the Shiba Inu ecosystem. Transaction
In August 2024, the Ronin Network fell victim to a hack that resulted in a loss of $10 million worth of ETH. This breach, which is part of the rising number of Web3 hacks, saw the gaming blockchain platform lose 4000 ETH to attackers. However, unlike most hacking incidents, this story had a positive twist
Captain Laserhawk; The G.A.M.E. marks a significant shift in the world of gaming by introducing a transmedia approach that merges gaming with Web3 technologies. Unlike traditional games, this innovative project allows players to actively participate in shaping the game’s narrative through a novel form of web3 governance. This interactive setup not only promises a blend
The recent downtrend in the price of Bitcoin has left many investors feeling uncertain about the future of the pioneer cryptocurrency. However, crypto trader Peter Brandt has made a bold prediction, suggesting that Bitcoin could soar to new all-time highs of $90,000. This bullish projection comes at a time when Bitcoin experienced a dramatic crash
The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s motion to compel additional discovery in their ongoing legal dispute. The SEC argues that Coinbase’s requests for documents are not only irrelevant but also overly burdensome. In a memorandum filed on Aug. 5, the SEC outlined several key points against Coinbase’s
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States saw a surge in trading volume, exceeding $5 billion on August 5. This milestone marked the highest volume in several months, with BlackRock’s IBIT ETF leading the pack at nearly $3 billion in daily trades. The increase in assets under management by $172 million for IBIT
The recent reports from Binance CEO Richard Teng revealed that the exchange experienced record inflows and one of its highest trading volumes this year. In the midst of market panics on August 5th, Binance recorded a net inflow of $1.2 billion in just 24 hours. According to DeFillama data, Binance’s inflows had surged to over
The cryptocurrency market has once again surpassed the $2 trillion mark after experiencing a massive downturn that wiped out $500 billion within a week. This drastic drop in market capitalization sent shockwaves throughout the crypto community as Bitcoin plummeted below $50,000 and Ethereum saw a 23% decline in value, dropping below $2,200. However, despite this
Supervillain Wanted is a captivating game that has taken the gaming and blockchain communities by storm with its unique play-to-earn approach. Developed by Supervillain Labs, a prominent Web3 gaming studio, the game aims to seamlessly blend elements from both Web 2 and Web 3 gaming realms to create an immersive experience for players. With over
Cardano, a blockchain platform founded by Charles Hoskinson, is on a journey towards full decentralization through a series of carefully planned phases called “eras.” Each era is named after influential figures in various fields, such as poets, mathematicians, or computer scientists, and brings new functionalities to the platform through hard forks. One of the most