Category: Featured Article

Cardi B Meme Coin Stirs Controversy

Rapper Cardi B has recently launched a meme coin dubbed WAP, an acronym matching her 2020 hit song’s title. Within just 12 hours of its release, on-chain analytics firm Bubblemaps reported that insiders, holding 60% of the initial supply, cashed out a staggering $500,000. The coin’s value soared to a $34 million market cap shortly […]

Solana Meme Coin Creator Ends His Project After Dangerous Stunt

In a shocking turn of events, Mikol, the creator of the Solana-based meme coin DARE. He has decided to abandon his project after suffering severe injuries from a stunt gone wrong. The developer was hospitalized with third-degree burns covering 30% of his body after setting himself on fire during a livestream in an attempt to […]

Binance Faces Declining Market Share

Crypto exchange Binance is experiencing a notable decline in its market dominance, processing significantly less trading volume compared to previous months, according to a recent report from digital asset data provider CCData. Reduced Trading Volumes and Market Share The report, published on October 3, highlights that Binance accounted for 36.6% of the combined volume for […]

The Truth Behind the $56.3 Million CryptoPunk Sale

A recent transaction claiming a record $56.3 million sale of a CryptoPunk NFT on Ethereum has sparked skepticism due to its peculiar circumstances and use of complex blockchain maneuvers, like flash loans, that suggest the transaction wasn’t a straightforward sale. Analyzing the Sale of CryptoPunk 1563 CryptoPunk 1563, which sold for a purported 24,000 ETH […]

Franklin Templeton Adopts Aptos Blockchain for U.S. Fund

Wall Street giant Franklin Templeton has announced the transition of its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) to the Aptos blockchain. Marking a significant step in the firm’s embrace of blockchain technology for financial services. Embracing Blockchain Innovation The move to Aptos, a blockchain platform developed by alumni of Meta’s unsuccessful Diem project. Represents […]

Crypto Theft Soars Despite Fewer Hacks, CertiK Reports

In a concerning revelation for the crypto industry, cyber security firm CertiK disclosed that while the frequency of hacks decreased in the last quarter. The total value extracted by thieves dramatically increased. According to CertiK’s latest Web3 security report, hackers stole $750 million across 155 incidents. Bringing the year’s cumulative losses to nearly $2 billion. […]

Telegram CEO Pavel Durov Reaffirms Commitment to User Privacy

Telegram founder and CEO Pavel Durov on Wednesday emphasized that the messaging platform is built to shield activists and ordinary people from “corrupt governments.” Addressing concerns about potential changes to Telegram’s privacy policy. Durov clarified that while the company cooperates with legal authorities when necessary, its foundational principles remain unchanged. “Telegram was built to protect […]

Bitcoin Poised for Potential Rally Amid Global Developments

Bitcoin is showing signs of gearing up for a potential rally in the closing months of this year, with several factors aligning that could provide a significant market boost, according to analysts. Despite recent fluctuations, Bitcoin has demonstrated resilience. It experienced a 4% decline following geopolitical tensions in the Middle East but has since rebounded […]