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Burn Rate for Shiba Inus Rises by Over 25,000% in Community-Led Initiative to Increase Token Value During Market Downturn

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This suggests that the market is in a very bearish trend. In addition, SHIB’s market capitalization has decreased by 12% to $12.7 billion, with $1.9 million worth of trading activity every day. According to Shibburn, Shiba Inu’s token burn rate has increased dramatically during the last day, leaping by an astounding 25,035.22%. The community’s strong … Read more

An executive claims that Google will invest over $100 billion in AI

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Google’s chief AI officer announced on Monday that the business will invest more than $100 billion in developing AI technology, after his comparison of the billions of dollars invested in AI development to the frenzy around cryptocurrencies. During a TED conference in Vancouver on Monday, Demis Hassabis, the CEO of Google DeepMind, answered questions regarding … Read more

Pundit: Iraq Will Launch Nation-State-Level Bitcoin Mining

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Recent remarks made by Iraq’s Deputy Prime Minister Muhammad Ali Tamim have sparked conjecture in the Bitcoin community over Iraq’s possible nation-state involvement into Bitcoin mining, amid a noteworthy diplomatic engagement between the US and Iraq. Will Bitcoin Mining Begin in Iraq? Deputy Prime Minister Tamim spoke with US Secretary of State Antony Blinken about … Read more

Among Blockchains, Ethereum Experiences the Most Hacks in 2024

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According to a recent survey, Ethereum has emerged as the most frequently reported victim of blockchain breaches in 2024, with 33 incidences. According to data from Smart Betting Guide, BNB Chain has experienced the most number of hacking incidents (14) in 2024, second only to Ethereum. While Bitcoin has only seen two incidences, Arbitrum and … Read more

A trader predicts that Bitcoin might reach $120K during a “doomsday rally”

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Even after a 10% weekly decline in trust in the largest cryptocurrency, some traders believe that global politics and the need for an investment hedge could propel a Bitcoin (BTC) increase in the upcoming months. Since its creation in the aftermath of the 2008 financial crisis, bitcoin has been regarded as a potential hedge against … Read more

Possibility? Cardano breaks into the long-term buy zone before the 1,300% surge

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Cardano’s (ADA) path to $1 is still beset by difficulties; the token had a large sell-off that mirrored the overall decline in the cryptocurrency market. In fact, the token’s recent price fluctuations have earned it the moniker “zombie crypto” because of the perception that it hasn’t made any meaningful development. Notably, veteran cryptocurrency trader Alan … Read more

Mollars Token Presale Exceeds 61% Sold Thanks to Crypto Whales: Here’s How ICO Investors Could See Significant ROI Yields

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The closing days of the Mollars ICO are drawing nigh. The first coin offering will expire in less than thirty days [one month].  The token presale has been incredibly successful in this final phase, as evidenced by the fact that 61% of the ICO token supply has already been sold out. Over $1,000,000 has been … Read more

Puffer Finance, an Ethereum liquid staking technology, raises $18 million in Series A funding

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To deploy its mainnet, Puffer Finance, a liquid staking business based on the Ethereum restaking technology Eigenlayer, has raised $18 million in a Series A fundraising round. The statement dated April 16 states that Brevan Howard Digital and Electric Capital led the round, with significant contributions from additional angel investors as well as Coinbase Ventures, … Read more

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