The recent surge in meme coin popularity has once again brought attention to ERC-20 tokens, particularly with the meteoric rise of the ELON coin. Despite its 229-fold increase in price overnight, ELON has no official connection to Elon Musk, the meme coin community’s iconic figure. Currently trading at $0.0000398, ELON has shown a 24-hour change
The past 24 hours have seen Ethereum (ETH), the second-largest cryptocurrency by market capitalization, undergo a significant 5% price drop. This drop has been linked to the growing speculation surrounding the potential rejection of highly anticipated Ethereum ETFs by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. According to a recent
The recent approval of new Anti-Money Laundering Regulations (AMLR) by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations will require CASPs to implement stringent Know Your Customer (KYC) procedures in order to combat money laundering effectively. The new laws mandate enhanced due diligence measures and checks on
In the realm of Web3 gaming, traditional models are facing a revolution as blockchain technology takes center stage. Beam, a gaming-focused subnet on the Avalanche Network, is at the forefront of this transformation. By providing a fast and secure platform for game development and deployment, Beam is changing the way gamers interact with their favorite
The former CEO and co-founder of Binance, Changpeng ‘CZ’ Zhao, recently submitted a letter of apology to the court on April 24. In the letter, Zhao expressed regret for his past decisions and admitted to accepting full responsibility for his actions. This admission of guilt comes after earlier criminal charges that Zhao pleaded guilty to
Following the Bitcoin Halving event, the price of BTC experienced significant volatility before bouncing back and hitting the $66,000 mark. This surge in price has led top crypto analysts to make bullish predictions about the future trajectory of the coin. Captain Faibik, a well-known cryptocurrency analyst and trader, has made an interesting prediction that could
Recent reports from Nigerian authorities have revealed their intentions to crack down on crypto trading, specifically targeting peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A trending circular on social media platform X highlighted the government’s directive for financial institutions in the country to identify individuals or entities transacting with these exchanges and
Despite Bitcoin trading in a narrow range, the crypto market remains active with traders looking for quick gains. The S&P 500 also saw gains, indicating a positive day in traditional markets. The upcoming US Core PCE inflation data could impact crypto prices, depending on the inflation pressures revealed. Bitcoin remains within a $60,000 to $74,000
The founder of Cardano, Charles Hoskinson, has recently delved into the world of blockchain gaming with an exciting new venture. Hoskinson announced the release of his “first game,” Voyager: Ascension, through a trailer, signaling a new era for the Cardano ecosystem. This collaboration between Hoskinson’s company Input Output Global (IOG) and RFLXT, a company under
In a recent announcement made by Jack Dorsey’s fintech company Block Inc., it was revealed that they have successfully completed the development of an advanced Bitcoin mining chip. This achievement marks a significant milestone for the firm’s mining project and has the potential to revolutionize the mining industry. The Importance of Advanced Technology Block’s three
