Solana, a prominent layer-1 blockchain, has faced a series of setbacks over the past couple of years. Since reaching its all-time high in November 2021, the price of Solana has plummeted by a staggering 90%. Despite a promising start to 2023 with a 147% increase attributed to its integration with Neon EVM, recent events have
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Elon Musk’s recent rebranding of Twitter as ‘X.com’ has caused quite a stir in the cryptocurrency market. However, it is his latest move involving the introduction of the ‘X’ meme token that has truly shaken things up. With a quick and unexpected launch, the ‘X’ token experienced a modest growth of 500% within the first
In a groundbreaking collaboration with the renowned OpenSea NFT marketplace, Americana has introduced its concierge vaulting service, revolutionizing the storage, showcasing, and selling process for collectors. Recently, on July 21, the platform announced its public launch, marking a significant milestone after an extensive period of development. Founder and CEO Jake Frey shared insights about the
The recent emergence of the tokenized billion-dollar cockfighting event known as COCKFIGHTS has undoubtedly captured the attention of the crypto market. With a staggering 20,000% increase in value within just a week of its launch, reaching a record high of $0.2051, COCKFIGHTS seemed like a tempting investment opportunity. However, experts have raised valid concerns about
Binance France, a popular cryptocurrency exchange, recently released its audited financial records, revealing a loss of €4 million for a period of 14 months from November 2021 to December 2022. The total expenses incurred by the exchange during this timeframe amounted to €14 million, covering various aspects such as staff payroll, marketing, administrative costs, taxes,
According to Jesse Pollak, the protocols lead at Coinbase, the number of crypto and blockchain users could reach a staggering 8 billion over the next ten years. This projection is not only ambitious but also truly remarkable, considering it equals the current global population, a significant portion of which lacks access to the internet. The
Meme coin enthusiasts are eagerly awaiting the launch of Burn Kenny Coin, a South Park-themed meme project that has already garnered significant attention. This new project is conducting a viral presale of its $KENNY token, which has gained a market cap of less than $1 million taking into account planned token burns. In less than
The decentralized finance (DeFi) space has been a hotbed of activity and innovation in recent years, but it still faces challenges when it comes to liquidity and accessibility. To tackle these issues head-on, Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has invested $10 million in Radiant Capital, a platform that provides liquidity
The recent introduction of the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE) has sparked controversy within the cryptocurrency community. This bill aims to impose stringent regulations on individuals involved in decentralized finance (DeFi) and has drawn criticism from various crypto advocacy groups. In this article, we will delve into the concerns raised by these
The cryptocurrency market is known for its volatility, and Arkham Intelligence’s $ARKM is no exception. Despite a promising start, with an initial price of $0.75 and a high of $1.05004, $ARKM has seen a significant decline and is currently trading at $0.5962, representing a 7.5% decrease today. This downward trend raises concerns among investors and
