Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand

NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month. 164 Total views 2 Total shares Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin…

Cardano (ADA) traded within striking distance of its three-week high  at the start of this week, leading some investors to suggest that a trend reversal was in order. In reality, the bullish momentum is primarily connected to an anticipation of the upcoming decentralized exchange (DEX) called SundaeSwap.ADA price rose by nearly 12% on Jan.17 to…

The senator's stance is somewhat surprising, given that he previously called the section on brokers in the proposed bill a “common-sense provision.” 552 Total views 33 Total shares Senator Rob Portman, one of the lead Republican voices for negotiations over an infrastructure bill in the United States Senate, said he supports an amendment clarifying the…

Ark Investments topped up its Coinbase stock shortly after FTX's liquidity issues were revealed, which came after Coinbase stated that it had “minimal exposure” to the troubled trading platform. 735 Total views 10 Total shares Amid the FTX and crypto market chaos, Cathie Wood-led Ark Investments has increased its Coinbase (COIN) holdings with a purchase…

A cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times.Hackers downloaded the software, infected it with malware, and subsequently reposted it on the RubyGems platform, industry news outlet Decrypt reported on Aug. 21. The malicious code was first noticed by a GitHub user, who posted about…

Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking. 2769 Total views 22 Total shares Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000,…

Robert Kiyosaki says there is no longer any time to “think about” buying safe havens like Bitcoin as dollar weakness continues worsening. Bitcoin (BTC) is an essential investment as the world is about to face a “major banking crisis,” popular author Robert Kiyosaki has warned.In a tweet on Aug. 21, the author of “Rich Dad…

Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be banned. The Swedish central bank, known as the Riksbank, is the oldest central bank in the world. In a damning report entitled, "Cryptocurrencies and their impact on financial stability,” the bank…

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