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Decentralized Finance (DeFi) Market Shift: Solana Outperforms Ethereum
May 13, 2024
Over the last seven days, key trends have emerged in the decentralized finance (DeFi) space, primarily involving exchange volume on decentralized exchanges (DEXs). A total trading volume of $31.56 billion …
Read moreBitcoin Struggles Below $60K Indicating a Potential Drop
May 13, 2024
Recent analysis suggests crypto heavyweight Bitcoin is indicating a potential bearish continuation, struggling near the $62,000 resistance point and possibly eyeing a drop below the $60,000 level. The fluctuations in …
Read moreMetaplanet Adopts Bitcoin as Reserve Asset Amid Japan's Economic Concerns
May 13, 2024
In light of deepening economic issues in Japan, Tokyo-based company Metaplanet has announced the adoption of Bitcoin as its strategic reserve asset. The move aims to counteract ongoing economic pressure …
Read moreWeekly Crypto Roundup: Blockchain Innovations and Regulatory Shifts
May 13, 2024
Robinhood CEO Vlad Tenev displays optimism amidst SEC scrutiny and growing crypto trading volume.Bitcoin hits a milestone with 1 billion transactions and revival of a Satoshi-era wallet.Coinbase faces a class-action …
Read moreLearn Concept: Ethereum's 'Flash Loan Attack'
May 13, 2024
Ethereum, one of the widely-known cryptos, presents unique programming opportunities, and sometimes challenges, owing to its smart contract feature. Recently, the concept of a 'Flash Loan Attack' has become eminent …
Read moreLearn Concept: Navigating the Crypto Airdrop Landscape: A Case Study on EigenLayer's EIGEN Tokens and Ethereum ETF Proposals
May 12, 2024
The crypto world often sees novel ways of distributing tokens, and one approach coming into prominence is an 'Airdrop'. Airdrops are events where a blockchain project distributes free tokens to …
Read moreInvestment Firms Amend Ethereum ETF Proposals Amid Pending SEC Approval
May 11, 2024
Investment management firms Ark Invest and 21 Shares have made noteworthy changes to their proposed Ethereum exchange-traded funds ( ETFs). Notably, the new filing no longer includes plans for staking, …
Read moreEigenLayer Initiates Airdrop Season Inviting Users to Claim 113M Non-Transferable EIGEN Tokens
May 11, 2024
Blockchain restaking ecosystem, EigenLayer, has declared the beginning of its keenly awaited airdrop season where eligible participants can claim part of the initial EIGEN token supply. The first phase starts …
Read moreAdvanced Crypto Concept: Address-Poisoning Scam and its Consequences
May 11, 2024
In one of the recent major cryptocurrency scams, a crypto user fell prey to an 'address-poisoning' scam which led him to lose a considerable 1,155 Wrapped Bitcoin (WBTC), approximately amounting …
Read moreCrypto Scammer Begins to Return $34.7 Million Stolen Assets
May 10, 2024
One of the most notable cryptocurrency scams in recent times saw a major twist: the crypto scammer who swindled a victim out of 1,155 Wrapped Bitcoin (WBTC), equivalent to approximately …
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