Author: Lalit Mohan
A Guide to Trading CFDs: What Are Cryptocurrency CFDs?
A cryptocurrency CFD is a derivative kind of asset that can be traded. This implies that even if you don’t own any cryptocurrencies, you can speculate as to whether their…
Crypto Projects Lost $310M to Scams in August, Second-Highest in 2024: CertiK
A report from blockchain security company CertiK states that the net loss was $300.6 million after $10.3 million of the pilfered assets were eventually found or returned. The most costly…
What is cryptocurrency sharding, and how does it operate?
How does Sharding work? Sharding is a technique for breaking up big data tables into smaller sections, or “shards,” each with its own distinct set of data. Sharding is a…
As the Chang hard fork goes live, Cardano transitions to decentralized governance
The Chang hard fork has officially taken place on Cardano, the Layer 1 blockchain that Charles Hoskinson, a co-founder of Ethereum, developed. This makes Cardano the first significant blockchain to…
Launched by an address linked to the Ethereum Genesis block, New Meme coin PHIL soars to the top of the Uniswap charts
Blockchain data sites DEX Screener and Etherscan claim that a meme coin appears to have been launched via a wallet linked to the Genesis block of the Ethereum network. The…
Three hours after the TON outage, no new blocks were produced
In an Aug. 28 post on X, the TON-based community platform Tonk Inu, the company said that there had been a continuous outage on the TON network and blamed it…
French officials claim that the arrest of the CEO of Telegram is related to a crime investigation into unapproved “cryptology” services
Following the issuance of a statement by French authorities on Monday, the reasons behind the arrest of Telegram CEO Pavel Durov have become more apparent. According to a statement made…
DBS Bank Uses Blockchain to Distribute Government Grants More Effectively
DBS Bank, based in Singapore, has unveiled a ground-breaking solution that uses blockchain technology to improve the governance and efficiency of government grant distribution. By streamlining and speeding up the…
New DeFi platform unveiled by the Trump family seeks to challenge “big banks”
On August 22, the former president Donald Trump declared that The DeFiant Ones, the Trump Organization’s new cryptocurrency platform, would go live. In a post on Truth Social, Trump revealed…
With Startale Labs, Sony Group teases the debut of the Ethereum Layer-2 blockchain
With an emphasis on scalability and user-friendliness, the joint blockchain venture between global conglomerate Sony Group and Startale has announced the construction of Soneium, its first Ethereum Layer-2 blockchain, with…
POPCAT rises 30% on news from Binance and a large whale purchase
Popcat, a meme coin with a cat motif, reached a peak of $0.58 on August 22. This Solana joke coin saw rises after the cryptocurrency market reacted to Binance Futures…
Babylon begins its self-custodial Bitcoin staking Mainnet phase one
Phase one of the self-custodial mainnet has been deployed by the Bitcoin staking protocol Babylon. Users of Babylon can now utilize smart contracts to stake Bitcoin. According to Babylon’s website,…
Grayscale unveils Avalanche’s AVAX token investment trust
Grayscale Investments has introduced the Grayscale Avalanche Trust and increased the range of cryptocurrency investment products in its portfolio. The purpose of this new investment vehicle is to introduce accredited…
Magic Eden is going to use the ME ecosystem token
The ME Foundation is developing a utility token called ME, which will be issued at a later time and adopted by leading NFT marketplace Magic Eden. ME tokens will allow…
Did Drake Just Make a Sneaker Ad Reference to a Solana Meme Coin?
Aubrey Drake Graham is getting ready for the newest release from his NOCTA sportswear brand, which he developed in partnership with Nike. Amidst the recent drama between him and Kendrick…
The Lost Glitches: An Ethereum Card Game That’s Unlike Anything Else When It Enters Open Beta on the Epic Store
The Lost Glitches’ developers believe that using art as a means of attracting players is crucial, as they perceive it to be absent from the most recent wave of massively…
Crypto Expert Says There Will Be a “Mother of All Squeezes” for Altcoins That Outperform Bitcoin Right Now
On the social media site X, the anonymous trader known as The Crypto Dog informs his 810,100 followers that he is positive about GMX’s native token. GMX is a DEX…
On Base, Data Streams and VRF for Chainlink are presently in use
As of Thursday morning, Chainlink VRF and Chainlink Data Streams are operational on Base, the Layer 2 blockchain that Coinbase is incubating. Base developers now have access to the full…
Crunch Lab’s $3.5 million seed funding is led by Multicoin Capital
Multicoin Capital, an investment business specializing in cryptocurrency, spearheaded Crunch Lab’s $3.5 million startup funding campaign. Factor cash, Fabric VC, and Elixir Capital all participated in the round, increasing the…
Blockchain Technology is About to Revolutionize with a Major Ethereum Upgrade
With the upcoming Pectra upgrade, which combines the Prague and Electra improvements, the Ethereum ecosystem is about to undergo a dramatic change. This update, which is slated to be released…