Shiba Inu’s (SHIB) marketing lead Lucie is telling members of the community to be vigilant following the debut of the crypto project’s new collection of non-fungible tokens (NFTs). On February 20th, the Shiba Inu development team introduced the Sheboshi NFTs, which are digital collectibles using the DN404, or divisible NFT 404 standard that merges the …
Monthly archives: February 2024
Starknet STRK Rockets to Fourth Largest Ethereum Layer 2 with $1.3B TVL After Chaotic Token Launch
The crypto community is abuzz with Starknet’s sensational rise, as the Ethereum Layer-2 scaling solution cemented itself as a major player seemingly overnight. Propelled by a momentous token airdrop and listing, Starknet’s Total Value Locked (TVL) has exploded past $1.3 billion, ranking it 4th amongst all L2 protocols. TLDR Starknet’s TVL exceeds $1.3 billion just …
Ethereum Reclaims Lost Ground with Emphatic Rally Past $3,100, What’s Next?
Ethereum has reclaimed lost ground in spectacular fashion over the past month, surging past the significant $3,000 psychological barrier not once, but twice. This resurgence signifies a pronounced shift in market dynamics for the world’s second most valuable cryptocurrency. TLDR Bitcoin holds steady above $51,000 while Ethereum surges past $3,100, hitting a 20-month high Altcoins …
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Hackers exploit MicroStrategy social media to orchestrate $440,000 phishing heist
MicroStrategy’s official X (formerly Twitter) account was hacked and used to promote a fake airdrop of an Ethereum-based MSTR token during the early hours of today, Feb. 26. Blockchain security firm PeckShield quickly warned that the offending post contained a phishing link that redirected to a copycat website of the Bitcoin-holding company. The malicious post …
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GBTC records smallest outflow of $44 million since spot ETF conversion
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto asset.” The consortium is also considering the impact of tokenisation on domestic financial markets and is expected to …
User Alert: Tornado Cash Developers Warn of Risk to Funds Deposited Since Jan. 1
Tornado Cash developers have issued a scam warning to cryptocurrency users who made deposits via the IPFS’ gateways between Jan. 1 and Feb. 24. Developers suspect that an exploiter may have “leaked” Tornado Cash deposits during this period to a server under their control. ‘Malicious Javascript Code’ Developers of Tornado Cash, a smart contract-based cryptocurrency …
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Empowering Your MiCA Journey: Gofaizen and Sherle’s Tailored Consultancy Solutions
In an ever-evolving digital financial landscape, the introduction of regulations in the Crypto-Assets markets known as MiCA represents a pivotal shift for the crypto, fintech, and financial sectors across the European Union. With its aim to enhance transparency, increase security, and foster a safer trading environment for investors, MiCA sets forth a comprehensive framework that …
Bitcoin Coming Up on Steepest Part of Parabolic Rally to New All-Time High, Says Analyst – Here Are His Targets
A closely followed analyst believes that Bitcoin (BTC) is rapidly approaching a point in its parabolic uptrend where the value of the crypto king can skyrocket in a relatively short amount of time. In a new video, crypto strategist Kevin Svenson tells his 72,500 YouTube subscribers that Bitcoin is following a textbook parabolic curve pattern. …
Latam Insights: Argentina to Regulate Crypto via Decree, Bitget Eyes Latam Expansion
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The government of Argentina seeks to regulate the crypto industry with an executive order, Bitget announces expansion in Latam, and Honduras reiterates its private bank crypto ban. Argentina to Issue Crypto Exchange Regulation …
Coinbase Reveals Texas Voters Believe Crypto Is a Relevant Topic for the Next Elections
Coinbase, a major U.S.-based crypto exchange, has found that Texas voters are interested in the crypto subject and presidential candidates’ postures on the issue. 21% of all Texan adults (4.7 million people) own crypto, with 74% of these owners likely to support candidates who recognize the significance of the national crypto industry. Coinbase Reveals Texas …
Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors …
Analyst Predicts Massive 11,500% Rally for Dogecoin, Updates Outlook on One DOGE Rival and Cardano
A closely followed crypto analyst says Dogecoin (DOGE) may be on the verge of repeating a pattern that could send the top memecoin on a meteoric ascent in the coming months. Crypto strategist Ali Martinez tells his 47,300 followers on the social media platform X that Dogecoin appears to be mirroring its 2020 market structure. …
Top 10 Proof Of Work Blockchains Like Bitcoin
Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is essential for validating transactions and creating new blocks without the need for a central authority. In a PoW blockchain, …
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Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
February 24, 2024 – George Town, Grand Cayman The staking program amassed over $129 million TVL (total value locked) in less than 24 hours. Zircuit, a security-focused zero-knowledge rollup backed by pioneering layer two research, launched Zircuit Staking, an innovative program that allows users to stake ETH, LSTs (liquid staking tokens) and LRTs (liquid restaking …
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