BabyDoge, like other meme tokens, started off as a fun project with a loyal following, but it has evolved into a force to be reckoned with in the crypto space. With a strong community that is passionate about the project, BabyDoge has continued to push the boundaries of what is possible with meme tokens. The…
Shiba Inu (SHIB) has been experiencing a tumultuous journey in the crypto market since its inception in August 2020. However, the past few weeks have been particularly eventful for SHIB holders, as the coin has been struggling to break past a crucial resistance level, known as the “Death Line.” This foreboding term was coined by…
The United States Secret Service, a federal law enforcement agency tasked with protecting – mainly the president – the country’s top officials and financial infrastructure, has recently made headlines for its interest in cryptocurrency and blockchain technology. During a recent Reddit ask-me-anything (AMA), representatives for the agency revealed that it not only owns crypto but…
According to recent court filings by the Securities and Exchange Commission (SEC), the Chicago-based firm Jump Trading LLC secretly propped up Terra (UST), the algorithmic stablecoin created by Do Kwon, a year before its eventual collapse. The Wall Street Journal reported on the findings, revealing that Jump Trading made a staggering $1.28 billion from the…
Crypto’s flagship cold storage tool, Ledger, is taking heat from the crypto community this week following a Reddit post from a Ledger co-founder that suggested that external companies could have exposure to user seed phrases on an opt-in basis. The situation is far from ‘cut and dry’ and has led to substantial dialogue throughout crypto…
After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko, the crypto market’s total market cap increased by nearly 2% in the past 24 hours. Although the broader financial market is still closely monitoring the US debt ceiling crisis, Bitcoin and Ethereum’s recent…
Pepecoin (PEPE) has been exhibiting a surprising level of calm in its price movement lately. However, contrary to what many may assume, this could be a red flag for Bitcoin (BTC) and the entire cryptocurrency market. According to a Bloomberg report, when an asset experiences an extended period of calm, it can be a sign…
Ledger, the hardware wallet provider, recently upgraded its firmware to version 2.2.1. They introduced an additional safety net called the “Ledger Recover” that the crypto community is vehemently rejecting. While upgrades are critical considering the fast-paced nature of cryptocurrencies, Ledger is now being criticized after offering an option for users to store their seed phrases online.…
The co-founder of Solana, Anatoly Yakovenko, has suggested a new way in which meme coins should be distributed at their launch via Twitter. With this, Yakovenko addresses the problem that a large portion of all meme coins are scams and rug pulls that have a pre-mine in favor of the “inventors.” Meme-Coins Should Be Treated…
The token of the layer-2 solution Arbitrum, ARB, is one of the best-performing cryptocurrencies within the top 100 by market cap over the past seven days. With a gain of 8.5% despite the heavy drawdown in the broader crypto market, the Arbitrum token records the fifth highest price gain over the last week. Arbitrum Token…