Making its presence known, the meme-inspired cryptocurrency Popcat, on the Solana blockchain, sure does know how to make waves. In 24 hours, the price rose 23% to $0.740. But equally impressive is this: the token registered a 96% gain in the last seven days. Source: Coingecko Related Reading This surge has been sufficient to attract …
Continue reading “Solana’s Popcat Balloons 96% In A Week – The New Token To Watch?”
The cryptocurrency market is constantly evolving, with meme coins continuing to attract investors looking for high-risk, high-reward opportunities. Among the latest contenders are Husky Inu (HINU) and Mpeppe (MPEPE), both of which have generated significant buzz. But which of these meme coins offers better long-term investment potential? Let’s delve into the details. Husky Inu (HINU): …
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
Digital assets manager CoinShares says that institutional crypto investors poured millions of capital into digital asset investment products last week. In its latest Digital Asset Fund Flows report, CoinShares says that the surge was likely caused by the remarks of Fed Chair Jerome Powell last week when he implied that lower interest rates could be on …
The US Securities and Exchange Commission (SEC) has filed settled charges against crypto lending firm Abra for failing to register its crypto asset lending product, Abra Earn. Additionally, the regulator also filed settled charges against Plutus Lending LLC, Abra’s owner, for operating as an unregistered investment company. Stacy Bogert, Associate Director of the SEC’s Division …
Continue reading “Abra agrees to settle with the SEC over unregistered securities sales”
Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help maintain the dollar peg of its stablecoin. According to the proposal, a new GSM would let Aave exchange users’ USD Coin (USDC) given to mint its ecosystem native dollar-backed stablecoin GHO …
Continue reading “Aave Labs unveils plan to stabilize GHO with BlackRock’s BUIDL shares”
PayPal’s stablecoin PYUSD surpassed $1 billion in market cap on Aug. 24, according to CoinGecko data. On an X (formerly Twitter) post, PYUSD’s issuer Paxos celebrated the feat, highlighting how fast the stablecoin crossed the important mark when compared to its peers, USD Coin (USDC) and Tether USD (USDT). CoinGecko data shows that it took 351 …
Continue reading “PYUSD hits $1 billion milestone with the majority of its supply on Solana”
French authorities have disclosed the charges against Telegram founder and CEO Pavel Durov, who was arrested on Aug. 24 at Le Bourget airport near Paris. Durov faces a series of grave accusations, including complicity in child exploitation, drug trafficking, and other organized criminal activities, marking a significant escalation in a judicial investigation that has garnered …
Web3 prediction platform Polymarket is experiencing unprecedented growth, fueled largely by the upcoming 2024 US presidential election. The platform has already achieved its highest trading volumes and user participation to date this month, solidifying its status as a significant player in the prediction market space. Consecutive record growth Polymarket’s trading volume hit $390.6 million in …
Continue reading “Vitalik Buterin praises Polymarket as platform smashes growth records”
OORT, a decentralized AI cloud platform, is collaborating with the US National Science Foundation’s (NSF) eCAT (Electric, Connected, and Autonomous Technologies for Mobility) IUCRC research center, according to a recent statement shared with CryptoSlate. OORT stated that this collaboration represents a key milestone in developing next-generation technologies—including electrification, resilient sensing, real-time edge computing, and smart …
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Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their payments, or just because they did not want to continue operating. Power Fee …
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The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest …
This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However, it wasn’t all sunshine and roses, as Telegram founder and CEO Pavel …
Continue reading “This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles”
Investors are taking notice as Base Dawgz (DAWGZ), a new meme coin on the Base chain, approaches the end of its presale. With only two days left, investors are rushing to take part – with many comparing DAWGZ to the ultra-successful Brett (BRETT) token. The Final Countdown – DAWGZ Presale Nears Its End The Base …
