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Binance Executive Flees Custody in Nigeria Amid Crypto Crackdown

Mar 26 2024 @ 07:34
Amid mounting accusations of money laundering and tax evasion against cryptocurrency exchange Binance, its executive, Nadeem Anjarwalla, has made a daring escape from custody in Nigeria. This development has deepened the rift between the West African nation and the global crypto giant as Nigeria intensifies its crackdown on the illicit use of digital assets. Nadeem […]
 

CryptoQuant CEO Cautions Against Meme Coin Frenzy: Impeding Industry Advancement?

Mar 19 2024 @ 11:43
The Solana-based Slerf (SLERF) meme coin’s $10 million mishap has ignited fervent debate. While the team attributes it to a simple misclick, speculation swirls about it being a calculated marketing ploy. Despite the ambiguity, the incident has stirred considerable buzz on social media and in the market, adding to the allure of the project and […]
 

Bitcoin ETFs Target Baby Boomers in the Investment Rush

Mar 01 2024 @ 11:21
In a financial landscape increasingly dominated by digital assets, a pressing question emerges: Is Bitcoin a secure venture for the Baby Boomer generation? The response, buoyed by a surge of advertising campaigns, resounds with a definitive affirmation. This momentum follows the Securities and Exchange Commission’s landmark approval on January 10th, ushering in the era of […]
 

Farming for Free: Are Solana Airdrops Still Worth It?

Feb 26 2024 @ 16:32
In December 2023, the Jito airdrop, a generous distribution of tokens from a top Solana project, surprised many users. Early adopters who deposited just 1 SOL on the platform for a few months received airdrops exceeding $15,000. However, the landscape has shifted significantly since then. Solana’s total value locked (TVL) has quadrupled, attracting a surge […]
 

Understanding the ERC-404 Token Standard (Ethereum’s Protocol for Digital Assets)

Feb 19 2024 @ 10:08
The ERC-404 token standard is an innovative concept in the Ethereum world, aiming to blend the features of both ERC-20 (fungible) and ERC-721 (non-fungible) tokens. Think of it as a fusion that brings together the best of both worlds! This unique hybrid form allows tokens to be both individual and divisible on the blockchain. Now, […]
 

Dynamic Shifts in the NFT Market: The Fate of Inactive NFTs

Oct 06 2023 @ 16:47
In the dynamic world of cryptocurrencies, Non-Fungible Tokens (NFTs) rose to stardom in recent years. Their peak came during the 2021/22 bull run, where a staggering $2.8 billion in monthly trading volume was recorded in August 2021. NFTs captured global attention with headline-making million-dollar deals. However, the NFT landscape has transformed significantly since then. Fast […]
 

Best Five Yield Farming Investments in 2023

Jun 14 2023 @ 02:02
Yield farming has been described as the DeFi ecosystem’s lifeblood or rocket fuel. During a time when traditional banks were offering exceptionally low loan rates, yield farming produced substantial yields. Over the next two years, yield farming drew more than $150 billion into DeFi protocols, solidifying it as the “next big thing” in crypto. According […]
 

The New Non-Fungible Token Standard ERC-6551: What Does It Mean?

May 26 2023 @ 05:05
The ERC-6551 is the latest standard for Non-fungible tokens (NFTs), and it has the potential to revolutionize the Non-fungible token ecosystem. In addition, TBAs (Token Bound Accounts) which are the latest category of NFTs is compatible with the already existing ERC-721 Non-fungible tokens. The TBAs enable NFTs to have smart contract capabilities, thereby improving their […]
 

The Craziest Bitcoin Predictions

Mar 29 2023 @ 05:31
John McAfee said in 2017 that Bitcoin would be worth $1 million by 2020. Subsequently, Bitcoin only managed to surpass the $30,000 price mark. Also, Chamath Palihapitiya predicted that Bitcoin will be worth $1 million in 20 years (in 2047). Likewise, Harold Burger said BTC can’t be worth $1 million before 2028 and not after […]
 

Five Most Popular Stablecoins for Investors in 2023

Mar 17 2023 @ 03:27
For readers to know which stablecoin is the biggest and most used, a list of the five most popular stablecoins is provided below. Tether (USDT): Market capitalization of about $75 billion USDC (USDC): Market capitalization of about $50 billion Binance USD (BUSD): Market Capitalization of $10 billion Dia (DIA): Market capitalization of $5 billion TrueUSD […]
 
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