Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.
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Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip and the selling accelerated following a higher-than-expected inflation report from the United States on June 10. It is not only the crypto markets that are facing the brunt, even…
Crypto Scammers Turn Toward Terrorism With A Japanese Bomb Threat
A government building in Hokkaido received a bomb threat from a group of crypto terrorists. 287 Total views 1 Total shares Crypto terrorists threatened to bomb a government office on the Japanese island of Hokkaido. They told authorities that they would only disable the alleged explosive device if their crypto ransom was paid.According to FNN,…
Balancer launches stable pools for like-kind swaps
The new feature allows traders to tap into pools of assets that trade at similar price levels. Balancer claims to be the first automated market maker to offer stable pools. 291 Total views 3 Total shares Balancer, a popular automated market maker for cryptocurrencies, has launched a new protocol feature designed to lower fees and…
NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. 82 Total views 14 Total shares Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs…
DeFi TVL sets new record as BSC-powered protocols add billions
Despite many leading Ethereum-powered DeFi protocols posting a weekly loss, the success of Binance Smart Chain is pushing the TVL of decentralized finance into new highs. 2331 Total views 16 Total shares According to data aggregator DeFi Llama, nearly $79 billion in assets are currently locked in decentralized finance protocols. As such, DeFi’s TVL is…
Top 5 Crypto Performers: ATOM, DASH, MIOTA, BTC, BCH
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data provided by HitBTC exchange.While markets have looked bullish this week following a sharp surge May 3,…
‘I don’t own Bitcoin, but I should’ — legendary investor Druckenmiller
Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones.
Millennials 3 Times More Likely to Invest in Crypto Than Gen X: Survey
Cryptocurrencies are three times more popular among American millennials as a long-term investment as they are for Generation X.Crypto is Americans’ 7th most popular long-term investmentAccording to the results of a nationwide Bankrate survey, published on July 17, 9% of millennials chose crypto as their top long-term investment option — roughly threefold the percentage among…