Monthly archives: September 2023

A popular crypto trader says that the US Dollar Index (DXY) is on the verge of a major dip after a multi-month rally. Pseudonymous analyst Bluntz tells his 224,800 followers on the social media platform X that the DXY may resume a downward trend after completing a key Elliott Wave theory pattern. The DXY is …

Continue reading “Top Analyst Says ‘Major Decline’ Coming for US Dollar Index, Updates Outlook on Binance Coin (BNB)”

Huobi’s new name HTX stands for exchange, the blockchain project Tron and the company’s 10th anniversary. News Join us on social networks Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX. Huobi officially announced its …

Continue reading “Huobi’s new name HTX raises community eyebrows”

Binance’s Ethereum layer-2 scaling platform, opBNB, is now publicly available, following extensive testing of the OP Stack-based platform. News Join us on social networks The BNB Chain blockchain ecosystem is set to tap into Optimism’s rollup technology, powering its newly launched opBNB layer-2 scaling platform. BNB Chain announced the public mainnet launch of its Ethereum …

Continue reading “BNB Smart Chain Optimism-powered layer-2 opBNB hits mainnet”

The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. Innovation Circle Join us on social networks The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a …

Continue reading “Are real world assets set to take market share?”

A crypto security firm says that a phisher who stole $24.2 million worth of staked Ethereum (ETH) is actively moving their stolen assets onto the crypto mixer Tornado Cash. The blockchain security platform PeckShield says the stolen trove of crypto consisted of Lido Staked Ether (stETH) and Rocket Pool ETH (rETH), both liquid staking tokens. …

Continue reading “Phisher Who Stole $24,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield”

Three altcoins could suffer price dips due to upcoming FTX liquidations, according to the crypto analytics firm Messari. Messari notes that FTX and Alameda hold $37 million worth of top meme asset Dogecoin (DOGE), $33 million worth of blockchain-based operating system Tron (TRX) and $22 million worth of the scaling solution Polygon (MATIC). “The relevant …

Continue reading “Dogecoin (DOGE), Tron (TRX) and Polygon (MATIC) Could Get Rocked if FTX Liquidates Holdings: Analytics Firm”

A pyramid scheme is a dishonest investment plan that lures people with claims of large profits, usually by recruiting new participants.  Individuals involved in a pyramid scheme are required to make an initial financial investment, and rather than engaging in genuine product or service sales, their primary emphasis is on convincing others to become part …

Continue reading “Ponzi vs. pyramid schemes: What’s the difference?”

Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer-2 solutions. News Join us on social networks Polygon co-founder Sandeep Nailwal believes the layer-2 blockchain firm is reaping the benefits of allocating $1 billion to develop zero-knowledge (ZK) proof-powered scaling solutions for the Ethereum ecosystem. Speaking at a keynote address …

Continue reading “Polygon co-founder – $1B bet on ZK-rollups paying off”

Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. News Join us on social networks The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user …

Continue reading “Opera browser debuts stablecoin wallet MiniPay in Africa”