Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Dogwifhat (WIF) has experienced a significant 10.22% drop in the last 24 hours, raising concerns among analysts about potential repercussions for the meme coin. Currently priced at $3.37, this decline follows a recent dip below crucial support levels at $2.96 on May 27. Analysts, including Jack Skipp, also known as “CryptoJack,” have warned that WIF’s … Read more
On May 31, 2024, Animoca Brands Japan, a key subsidiary of Animoca Brands, unveiled the name of its NFT launchpad, SORAH by Animoca Brands Japan, slated for a summer 2024 release. SORAH will serve as a platform supporting NFT projects and creators by facilitating their NFT sales. It will offer selected projects sales opportunities and … Read more
Over the past week, Cardano (ADA) investors faced challenges with declining prices. Nevertheless, there was a noticeable increase in interest within the DeFi sector. Condition of DeFi The daily volume on Cardano’s DEX (Decentralized Exchange) exceeded 23 million ADA. Even with the increase in DEX volumes, Cardano’s TVL (total value locked) has drastically decreased. The … Read more
A recent uptick in the number of Ethereum addresses holding 10,000 ETH or more indicates a significant shift from asset distribution to accumulation. This trend reflects growing confidence among large investors in Ethereum’s long-term viability. According to CryptoRank’s latest ranking of the top 25 assets by market capitalization, Ethereum’s market cap of $455 billion now … Read more
According to a report by Immunefi, cryptocurrency losses due to hacks and rug pulls amounted to over $473 million across 108 incidents in 2024. In May alone, $52 million was stolen, with Gala Games and SonneFinance being the hardest hit, losing $21 million and $20 million respectively. This total represents a 12% decrease compared to … Read more
Avalanche (AVAX) is set to reduce the barriers to entry for launching a new subnet, aiming to attract more game development teams. Previously, creating a subnet required teams to also become validators for the main Avalanche layer, necessitating a stake of 2,000 AVAX. The network plans to overhaul its subnet creation process, making it easier … Read more
Alex Labs, a developer in the Bitcoin layer-2 space, has outlined plans to regain community trust and restart its operations following a recent breach. The Alex Labs Foundation is currently engaged in two governance votes concerning the reopening of pools and the migration of its native token and automated market maker (AMM). During a recent … Read more
Day 2 of Consensus 2024 promises to be just as electrifying as the first, with a lineup of panels that tackle some of the most talked-about issues in the crypto and blockchain space. Whether you’re attending in person or virtually, here are the top sessions you won’t want to miss: The Intersection of Politics and … Read more
Davido, the Afro-pop star, has faced backlash from the Nigerian crypto community regarding his management of his recently launched meme token, DAVIDO. There are concerns within the community that he may be planning to dump the token. Reports from Lookonchain indicate that Davido made a significant profit of 2,783 SOL ($473,000) within just 11 hours … Read more
Robinhood, the stock trading app, has introduced its cryptocurrency trading application programming interface (API) for users in the United States. This move, announced on May 30, aims to attract experienced crypto traders by offering an API for automated trading strategies. Through this crypto trading API, US-based traders can set up automated strategies to respond to … Read more