Shiba Inu (SHIB) lead developer, Shytoshi Kusama, recently told Ethereum’s co-founder Vitalik Buterin that he should expect more improvement from the SHIB ecosystem soon. This comes in response to Vitalik’s comment in which he praised the meme coin. More To Come From SHIB Kusama responded to Vitalik in an X (formerly Twitter) post, in which…
Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of…
Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that MicroStrategy, which has positioned itself as a de facto Bitcoin investment vehicle, is trading at a significantly unjustified premium to the underlying cryptocurrency…
On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to find blocks on the chain…
Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s Regulatory Sandbox. Crypto Assets To Be Tested On Regulatory Sandbox Local reports by news media outlet DetikFinance informed of the new regulatory rule…
Book of Meme ($BOME), although launched not so long ago, is one of last month’s most successful cryptos. $BOME recorded an increase in value of over 1400%, and brought great joy to those who were among the first ones to invest, but also a slight disappointment to those who missed this opportunity. Let’s see if…
On Thursday, Bitcoin Ordinals founder Casey Rodarmor unveiled the documentation for a new Bitcoin-native digital commodities protocol known as Runes. This groundbreaking update is set to coincide with Bitcoin’s upcoming halving, marking a significant evolution in the Bitcoin protocol’s capabilities for handling digital assets directly on its blockchain. RUNES HAVE DOCS A plain-english description of…
Disgraced crypto entrepreneur Sam Bankman-Fried (SBF) faces a hefty 25-year prison sentence for masterminding the spectacular collapse of his FTX exchange, a Manhattan court ruled on Thursday. The sentence, though significant, represents only the opening chapter in a saga likely to continue through appeals and potential early release considerations. Judge Lewis Kaplan highlighted the risk…
Acura Capital, an eminent Brazilian investment fund commanding an impressive $1.8 billion in assets under management and holding $3 billion in custody, is poised to unveil a groundbreaking financial product. This initiative emerges from a strategic alliance with Patex, the foremost blockchain ecosystem architect in Latin America. Together, they are set to introduce a digital…
In a blog post, Vitalik Buterin, the founder of Ethereum, has laid out a vision for the future of memecoins that challenges the crypto community to rethink their potential beyond mere speculative assets. Titled “What Else Could Memecoins Be?”, published on March 29, 2024, Buterin’s comprehensive analysis not only critiques the current state of memecoins…
