Decentralized exchanges (DEX) on Coinbase’s newly launched layer2 network, Base, have surpassed trading volumes on established layer1 networks such as Cardano (ADA) within 24 hours of its public release. This significant achievement highlights the growing popularity and success of Base in the blockchain space. Data from DeFiLlama reveals that Base has secured a place among
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The world of art collecting has always been about more than just the art itself. It’s about the story behind the piece and the identity of the artist. However, with the rise of non-fungible tokens (NFTs), the focus has shifted towards attributing provenance to digital objects. This has led to a surge of interest in
In recent weeks, the cryptocurrency market has witnessed a jaw-dropping surge in Bitcoin DEX tokens. One such token, XBTC, has experienced an astonishing 30,000% increase in value. However, experts are warning that this dramatic spike may be a sign of a potential scam. XBTC’s meteoric rise has captured the attention of DEX traders, with its
In the midst of the growing excitement around Bitcoin (BTC) spot ETF applications, a parallel surge of Ethereum (ETH) futures ETF applications is quietly gaining momentum. As of August 10, there are 14 different Ethereum futures ETF applications waiting for evaluation by the U.S. Securities and Exchange Commission (SEC), surpassing the number of Bitcoin spot
The recently released Messari report sheds light on Cardano’s impressive progress in the cryptocurrency market. Cardano, known for its scalability and technological advancements, has solidified its position as a key player in the industry. With a strong focus on decentralized finance (DeFi) and non-fungible tokens (NFTs), Cardano is poised to reshape the blockchain landscape. Growth
In recent news, it was announced that tech giant Microsoft has partnered with Aptos Labs to develop blockchain-based AI tools. This significant partnership caused a surge in the market, leading to a 17% jump in the price of Aptos’ token, APT. Although the token has experienced a slight decline since then, it still retains gains
Binance Labs, the investment arm of Binance, announced on August 10th that it has invested $5 million in Curve DAO Token (CRV). The investment aims to strengthen the decentralized finance (DeFi) platform after a recent attack on Curve Finance. This article will delve into the details of the investment and its implications for Curve and
In the past two months, holders of Render (RNDR) have experienced a turbulent ride, with a significant decline of -40% since May. This downward spiral was triggered by a rejection from the $3.00 level, leading to a major retracement. Currently, RNDR is trading at a low price of $1.70, raising concerns about the future viability
In a recent statement, Democratic U.S. Congresswoman, Maxine Waters, criticized PayPal’s decision to launch its own stablecoin without a proper federal framework for regulation, oversight, and enforcement. Waters expressed deep concerns regarding the lack of protections for users and financial stability in the absence of legislation. Waters emphasized the importance of Federal oversight and enforcement
Chainlink (LINK) has recently emerged as one of the most talked-about tokens in the cryptocurrency market. Its positive price movement and exciting on-chain developments have captured the attention of investors and analysts alike. In this article, we will delve into the potential price action of Chainlink and explore the latest market analysis provided by crypto