Day: April 19, 2024

DAO Acquires Rights to Famous Doge Meme

In a significant move within the meme and cryptocurrency culture, a decentralized autonomous organization (DAO) named Own the Doge has successfully purchased the rights to the iconic Shiba Inu photo that sparked the Dogecoin and Doge meme phenomena. The image of Kabosu, the 18-year-old Shiba Inu sitting on a couch, has become a staple in […]

Bitcoin Runes Protocol Races to Launch

As the Bitcoin halving event draws near, the crypto community is abuzz with anticipation for the launch of the Bitcoin Runes protocol. This new fungible token protocol, which allows users to “etch” and mint tokens directly on the Bitcoin blockchain, is set to revolutionize how digital assets are created and traded on the world’s oldest […]

Bitcoin Halving: Environmental Impact Shifts

Tonight marks a pivotal moment for Bitcoin with its latest halving event, expected to significantly alter the landscape of the cryptocurrency’s network and its environmental footprint. This event, which halves the reward for mining Bitcoin, has long been anticipated not just for its economic implications but also for its potential environmental impact. The halving reduces […]

Bitcoin Weathers Market Storms Amid Global Tensions

The cryptocurrency market experienced a rocky start to the week, as geopolitical tensions and economic uncertainties prompted volatile trading. Despite a challenging environment, Bitcoin managed to regain some stability, showcasing the resilient nature of digital assets. Earlier this Friday, Bitcoin’s price dipped to a weekly low of $59,573, a noticeable decline from the $73,000 highs […]

Polkadot’s Pioneering Path with JAM Protocol

Gavin Wood, co-founder of Polkadot, introduced the “Join-Accumulate Machine” (JAM) through a detailed graypaper, positioning it as a visionary shift for Polkadot’s future. The JAM proposal aims to revolutionize Polkadot by replacing its core architecture—the Relay Chain—with a modular, minimalistic framework akin to Ethereum’s versatile environment. This ambitious protocol is designed to host generic “services” […]

USDT Joins Telegram’s TON Blockchain

In a significant development at Token 2049 in Dubai, the CEOs of Tether and Telegram have jointly announced the integration of USDT, the world’s largest stablecoin, with The Open Network (TON) and the Telegram wallet. This strategic move is designed to enhance Telegram’s cryptocurrency capabilities and propel the growth of the TON blockchain. Paolo Ardoino, […]

Runes Protocol: Navigating the New Crypto Frontier

The blockchain and cryptocurrency landscape is continually evolving, and a new chapter is unfolding with the upcoming launch of the Runes protocol. Developed by the same visionary behind Bitcoin Ordinals, Runes is setting out to challenge the established BRC-20 token standard, coinciding with the anticipated Bitcoin halving event. Since its announcement, Runes has generated significant […]

SEC Escalates Case Against Tron’s Justin Sun

The U.S. Securities and Exchange Commission (SEC) has intensified its legal actions against prominent figures in the industry. The latest development involves an amended complaint filed by the SEC against Justin Sun, the founder of Tron, asserting that Sun’s frequent travels to the U.S. bring him within the reach of U.S. jurisdiction. The complaint details […]