Crypto

Centralization in the cryptocurrency space has become a point of contention, with some of the most popular project tokens displaying a high concentration of holdings among a few top wallets. For example, Polygon (MATIC) and Shiba Inu (SHIB) have emerged as leading examples, with Polygon’s top ten wallets controlling 69.4% of its total market capitalization
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Vitalik Buterin, the co-founder of Ethereum, has recently made some significant transfers of ETH, raising questions and discussions within the cryptocurrency community. According to reports, Buterin moved 800 ETH, valued at $2.01 million, to a multisig wallet. Subsequently, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged to the U.S. dollar.
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The past week has been a rollercoaster ride for Bitcoin and most altcoins. Bitcoin started strong, soaring from around $60,000 to over $64,000 on Saturday after bullish developments in the US. However, the weekend brought turbulence elsewhere in the crypto market following the arrest of Pavel Durov, the founder and CEO of Telegram, which led
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Recently, Floki Inu (FLOKI) experienced a significant drop of nearly 20%, causing it to lose its place among the top 5 meme coins. This decline resulted in its market capitalization falling to $1.23 billion, dropping it to the sixth position. The price of FLOKI is currently trading at around $0.0001272. Bonk Inu (BONK) managed to
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The cryptocurrency market was met with turbulence as most major coins experienced a slight dip in prices, with Bitcoin falling by 3% following a decrease in open interest for BTC futures among institutional investors. However, amidst the sea of red, Popcat, a meme coin, stood out with an impressive 52% weekly gain by midweek. This
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The Cardano network is on the brink of one of its most significant upgrades to date, poised to introduce new features and usher in a new era of community-driven governance. Originally scheduled for deployment on August 27, the Chang hard fork has been delayed until September 1, 2024, to allow crypto exchanges like Binance to
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