Sonic Labs has unveiled Blaze, its upgraded testnet 2.0, showcasing groundbreaking advancements in the blockchain’s speed and efficiency. Sonic Labs’ Blaze Testnet Pushes Blockchain Boundaries The Sonic blockchain is an up and coming layer one (L1) Ethereum Virtual Machine-compatible network designed for high-speed transaction processing. Known for its rapid transaction finality, the blockchain achieved a …
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A co-founder of blockchain-based ride hailing believes the United Arab Emirates (UAE)’s crypto momentum won’t be significantly impacted by a new Donald Trump administration. Co-Founder Says ‘UAE Is Not Just a Fallback Option’ A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S. policy …
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Dogecoin has surpassed the market capitalization of Porsche, a memecoin trader turned a $160 investment into millions: Hodler’s Digest
A closely followed crypto analyst says one catalyst could send the altcoin market soaring for months. The analyst pseudonymously known as Rekt Capital tells his 100,000 YouTube subscribers that if Ethereum (ETH) breaks through a key resistance level “the next few months are going to be life-changing.” “Breaking out would enable a massive influx of …
The research arm of BitMEX says a UK court of appeals has rejected Dr. Craig Wright’s claims that he is the pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. According to a new post on the social media platform X by BitMEX Research sharing the decision against Dr. Wright, the judge in the case has decided that …
A security researcher says he has discovered a massive, unprotected database online containing 644,869 files with extremely sensitive data on American citizens. Jeremiah Fowler says he recently found the non-password protected database on the cloud, containing records belonging to SL Data Services/Propertyrec. The firm provides property, vehicle and criminal records, as well as background checks. …
Uganda’s central bank just confirmed rumors of a hack, revealing a trove of cash has been drained from the nation’s official bank accounts. The Bank of Uganda says police are launching an investigation into the theft of 62 billion Ugandan shillings, worth $16.8 million, reports Reuters. The hacking group “Waste” claims it’s responsible for the …
The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations. “MICA is kicking in -> Sunsetting …
Ripple Lab’s new stablecoin Ripple USD (RLUSD) is set to receive approval from the New York Department of Financial Services (NYDFS) and may be ready for launch by Dec. 4, Fox Business reported citing people familiar with the matter. Once Ripple Labs receives the approval, it will be able to legally offer RLUSD—an overcollateralized dollar-pegged …
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Cardano founder Charles Hoskinson envisions a glowing trajectory for bitcoin, predicting the top cryptocurrency could soar to $250,000–$500,000 per coin within the next 12 to 24 months. Bitcoin’s Bright Future: Cardano Creator Sees Six-Figure Milestone Ahead Charles Hoskinson, a prominent entrepreneur and mathematician, is renowned for co-founding Ethereum and creating Cardano. Earlier this week, during …
Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi …
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The crypto market is more political than ever. FreeDum Fighters (DUM) is tapping into this political energy with an election-themed staking platform. And with over $660,000 raised in presale, investors are clearly betting big on this new meme coin project. How FreeDum Fighters Is Benefiting from the Bullish Crypto Environment It’s been a wild few …
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The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked: Podcast Sparks Wave of Testimonies Against Banks Social media has been flooded with firsthand accounts, as individuals share their experiences of being forcibly excluded from …
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Boyaa Interactive has converted $49.48 million worth of ethereum into bitcoin, making it the largest corporate bitcoin holder in Asia. Boyaa Swaps Ethereum for Bitcoin Hong Kong-based online gaming firm Boyaa Interactive International has emerged as the largest corporate bitcoin (BTC) holder in Asia after the company recently converted 14,200 ethereum (ETH) worth approximately $49.48 …
A multi-million dollar guaranteed income program that will provide unrestricted monthly payments to participants is launching on the West Coast. The Foundation for the Los Angeles Community Colleges says it’s rolling out the largest-ever guaranteed income pilot program for college students. The program is targeting community college students in health-related fields. “Aligning with the mission …
