In a market where most major cryptocurrencies experienced a slight downturn, Popcat stood out with a remarkable 52% increase in its price within a week. While other meme coins like Dogecoin, Pepe, and Bonk saw declines ranging from 2% to 6%, Popcat managed to break through and make significant gains. Several factors played a role
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Samuel Edyme, also known as HIM-buktu, is not your average crypto enthusiast. His journey into the world of cryptocurrency did not begin with a successful investment or a stroke of luck. In fact, it started with a Ponzi scheme that left him feeling scammed and discouraged. However, instead of giving up, Edyme used this experience
The recent actions taken by the US Securities and Exchange Commission have sent shockwaves through the cryptocurrency world, with NFT platform OpenSea becoming the latest target. CEO Devin Finzer took to social media to express his dismay at receiving a Wells Notice from the SEC, signaling that the non-fungible tokens traded on the platform could
In the world of blockchain technology, upgrades and transitions are crucial to staying relevant and competitive. The Cardano network is no exception, with a significant upgrade known as the Chang hard fork set to be deployed in the next three days, bringing new features and finalizing the blockchain’s transition into a community-run network. The Chang
Binance, the largest crypto exchange in the world, has recently announced the addition of new trading pairs and services to its platform. This move is aimed at expanding user options and enhancing their overall trading experience. The new trading pairs include DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC. Additionally, Binance will allow trading bot services for pairs
Recently, the crypto platform WazirX found itself in a precarious situation after a $234 million hack in July. As a result, WazirX has entered an initial 30-day moratorium pending a decision by Singapore’s High Court on whether to grant an extension. This move was made after a Singapore-incorporated company, Zettai Pte, filed for the moratorium
OpenSea CEO Devin Finzer recently revealed that the company has received a Wells Notice from the US Securities and Exchange Commission (SEC) regarding the classification of NFTs on its platform as securities. This unexpected development has left Finzer and his team stunned, as they now find themselves in the midst of a regulatory battle against
In a bold move that has sparked intrigue within the blockchain community, Gameplay Galaxy has recently secured $11.17 million in a seed extension round, bringing its total valuation to a whopping $71 million. This funding round, co-led by Blockchain Capital and Merit Circle, is not your typical equity round seen in the gaming and tech
Cardano and its native token, ADA, faced a significant decline in the second quarter of 2024, as reported by data intelligence firm Messari. The decline in ADA’s price by 39.7% to $0.39 and its market capitalization by 39.4% to $14 billion reflected the broader downturn in the cryptocurrency market. With a slight increase in circulating
One of the pioneering decentralized finance (DeFi) lending platforms on the Ethereum network, Maker, recently underwent a rebranding to “Sky.” This rebranding came alongside significant upgrades to its decentralized stablecoin system. The once-famous DAI stablecoin is now known as USDS, and the MKR governance token has been transformed into SKY. This rebranding signifies a new
