Shiba Inu (SHIB) has been on a downward trend after hitting a high earlier this year. The reason? Shibarium, Shiba Inu’s layer-2 scaling solution, hasn’t lived up to the hype. Slow adoption and technical issues have left many investors questioning its future. Shibarium’s Troubles Shibarium was supposed to solve Shiba Inu’s scalability issues and reduce…
Crypto companies are facing a serious threat: North Korean hackers are infiltrating the industry, posing a significant risk to both companies and investors. How They’re Doing It North Korean hackers are using clever tactics to bypass sanctions and get their hands on crypto. They’re creating fake identities and applying for jobs at crypto companies, often…
The 2024 US Presidential election is just around the corner, and the blockchain industry is paying close attention. This year, the candidates’ stances on crypto and Web 3.0 could have a huge impact on the future of these technologies. The Blockchain Landscape in 2024 The US is a mixed bag for blockchain. While there’s growing…
The US government’s debt just hit a new record high, adding a whopping $204 billion in just 24 hours on the first day of the new fiscal year. Debt on the Rise The national debt jumped from $35.46 trillion on September 30th to $35.67 trillion on October 1st. This huge increase is a sign that…
A crypto analyst is predicting a big week for the Solana-based memecoin, Bonk (BONK). Bonk’s Bullish Run Bluntz, a popular crypto trader on X (formerly Twitter), believes that Bonk is in the middle of a five-wave rally, based on the Elliott Wave theory. He predicts that Bonk could reach as high as $0.000033, a significant…
Bank of America is experiencing a major outage, leaving customers unable to access their accounts online or through their mobile apps. Many users are reporting that their account balances are showing as $0.00. The Problem: The outage began around noon EST and has affected tens of thousands of Bank of America customers. While the exact…
Bitcoin has been on a roll, but it’s recently taken a breather. While it’s still hanging around $63,000, some experts think it could dip even lower. A Potential Dip on the Horizon One analyst, Xanrox, thinks Bitcoin might drop below $60,000. They’re looking at a pattern called a “symmetrical triangle” that suggests a possible correction….
Dogecoin has been making headlines lately, with a lot of buzz around new investors jumping on board. A Big Jump in New Users The number of new Dogecoin addresses – basically, new accounts – has exploded. In just one week, there was a whopping 72% increase! This suggests a lot of new people are buying…
Edward Snowden, the famous whistleblower, recently criticized Solana at the TOKEN2049 conference in Singapore. He argued that Solana’s centralized design makes it vulnerable to scams and government control. Snowden’s Concerns Snowden compared Solana to Bitcoin, saying that Bitcoin’s design is more resistant to attacks because it’s decentralized. He claimed that Solana, on the other hand,…
The idea of the US government holding a large amount of Bitcoin is gaining traction across the political spectrum. Senator Cynthia Lummis, a known crypto advocate, has proposed legislation to use federal funds to buy one million Bitcoin, making the US the world’s largest holder of the cryptocurrency. Not just Republicans: While the Republican party…
