Author: Nola Robert

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Nola Robert

Nola Robert is considered a thought leader in crypto industry, and her work is widely read and respected by industry professionals, investors, and enthusiasts alike. Nola is also known for her ability to explain complex topics in an easy-to-understand manner, making them accessible to a wider audience.

Articles by Nola Robert

Coinbase’s Base Network Achieves Consistent Growth, Reaching $734 Million in Total Value Locked

3 months ago 1 min read

Despite a slowdown in the initial growth surge, Coinbase‘s Base Network, an initiative developed through its incubator, continues to make steady progress. According to L2Beat data, the Total Value Locked (TVL) in the Base Network has risen to nearly $734 million, a 4.63% increase from the previous week. The Base Network TVL has increased significantly since its formal launch in August 2023, starting at $592 million at the end of November. The initiative is built on the Optimistic Rollup architecture, which allows for the integration of various decentralized applications. With over 6.97 million transactions completed in the last 30 days,

The founder of Cardano Remains Firm on XRP Criticism Despite Backlash

3 months ago 1 min read

Charles Hoskinson, the founder of Cardano, has upheld his critical stance on XRP, asserting that XRP lacks both partnership and technical value. This reaffirmation comes a year after his initial comments and follows persistent harassment from the XRP community spanning two years. When questioned about his viewpoint on XRP, Hoskinson highlighted the ongoing harassment and underscored the absence of technical parallels between Cardano and XRP as the basis for his assertions. According to Hoskinson, the objectives of the company behind XRP differ significantly and do not align with the technological goals of platforms like Cardano or Ethereum. After receiving a

Solana’s BONK Rockets to Become the 69th Largest Coin with Over $1 Billion Market Cap

3 months ago 1 min read

BONK, Solana’s meme coin, has risen to prominence, ranking 69th on CoinMarketCap’s list of the top cryptos with a market capitalization greater than $1 billion. This significant milestone comes as BONK has increased by 64% in the last 24 hours, reaching another all-time high after being listed on Coinbase, the largest cryptocurrency exchange in the United States. Despite the inherent volatility of meme coins, BONK has proven to be resilient. Following a brief 6% drop following the listing, it resumed its upward trend, nearly matching its previous all-time high. BONK’s market cap is nearly $1.05 billion as of the most

Donald Trump Launches Exclusive ‘Mugshot Edition’ NFTs at $99, Offering Unique Rewards

4 months ago 1 min read

Donald Trump, the former President of the United States, has again entered the world of NFTs with a new ‘Mugshot Edition’ collection priced at $99 each. This announcement has not only sparked interest among collectors, but it has also resulted in a price increase for Trump’s previous NFT releases. The ‘Mugshot Edition’ NFT collection is inspired by Trump’s legal history and includes one-of-a-kind cards, some of which are personally signed by the former president. According to the project’s official website, this edition adds a unique twist to Trump’s NFT offerings. Buyers who purchase 47 or more cards from this new

Bonk (BONK), a Solana-based dog-themed memecoin, has risen to become the third-largest memecoin in terms of market cap

4 months ago 1 min read

Bonk (BONK), a Solana-based dog-themed memecoin, has risen to become the third-largest memecoin in terms of market capitalization. This unexpected surge, which occurred on December 8th, saw Bonk’s price increase by an impressive 370% in the previous month, propelling its market capitalization to $762 million, surpassing competitors such as Pepe. According to CoinGecko data, Bonk has risen from $0.0000028 to $0.000012 in the last 30 days. This surge outpaced more established dog-themed meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE), which gained 20% and 35%, respectively, during the same time. Bonk’s recent gains can be attributed to a variety

Robinhood launches crypto service in the EU, offers BTC rewards and over 25 crypto

4 months ago 1 min read

Robinhood, the popular investment app, is set to launch its crypto trading service in Europe beginning this Thursday, which is an exciting development for European investors. The expansion provides access to over 25 cryptocurrencies, including well-known names like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This follows Robinhood’s recent launch of brokerage services in the United Kingdom. While Robinhood previously attempted to expand its presence in the UK by acquiring Ziglu, a UK-based crypto company, the deal did not go as planned. Undaunted, Robinhood is now taking a direct approach to the European market by introducing crypto trading services. The

DeFi protocols reach a $50B amid rising asset values and investor interest

4 months ago 2 mins read

Protocols in the decentralized finance (DeFi) space have secured a staggering $50 billion in capital, which is a testament to the growing interest in the field. DefiLlama data shows that this surge, which represents a remarkable $15 billion increase in just six months, is occurring amid rising asset values and an increasing appetite among investors. The emergence of Blast, a new layer 2 project that has drawn deposits totaling over $700 million, is a noteworthy factor in this milestone. The fact that withdrawal restrictions are in place through March only serves to highlight how remarkable this accomplishment is. Notwithstanding the

This well-known crypto analyst suggests Bitcoin could hit $700K

4 months ago 1 min read

Adam Back, a well-known cryptographer and supporter of Bitcoin, has made a bold prediction that suggests a rise in the price of the crypto to an astounding $700,000. Back’s optimism isn’t just wishful thinking; it’s also influenced by the state of the cryptocurrency market, specifically the impending halving of Bitcoin and the growing scarcity of this virtual currency. Back provided his prediction on the social media platform X, drawing a link between the recent surge in Bitcoin and the upcoming April halving event. These roughly four-year-old halving events have been shown in the past to be major catalysts for increases

Hacker Exploits Safe Wallet Users, Stealing Nearly $2 Million

4 months ago 1 min read

A crypto hacker who used sophisticated “address poisoning attacks” on 21 people stole nearly $2 million from Safe Wallet users in the last week alone. The malicious actor, identified by Scam Sniffer’s analysis of Dune Analytics, is said to have stolen $5 million from 21 victims over the last four months. Between November 26 and December 3, approximately 10 Safe Wallet users were victims of address poisoning attacks, resulting in $2.05 million in losses. This represents a significant increase in the hacker’s activity. According to Scam Sniffer’s investigation, the perpetrator of these attacks has targeted 21 victims in the last

Coinbase exchange sees a 6% rise in law enforcement requests

4 months ago 1 min read

Coinbase crypto exchange has disclosed a 6% uptick in law enforcement requests compared to the previous year, according to its annual transparency report. The surge in requests reflects an intensification of global cryptocurrency regulations, with the United States, Germany, and the United Kingdom leading the way. Coinbase reported a 6% increase in law enforcement requests from Q4 2022 to Q3 2023. The number of countries seeking information surged by 19, signaling a growing focus on cryptocurrency-related activities by regulatory authorities worldwide. The United States, Germany, the United Kingdom, and Spain collectively accounted for 73% of the total 13,079 requests made

FTX Exchange Faces $24 Billion Tax Bill from IRS Amid Ongoing Legal Battles and Bankruptcy Woes

4 months ago 2 mins read

Already dealing with bankruptcy and legal issues, crypto exchange FTX has been hit with an unexpected setback—a massive $24 billion tax bill issued by the Internal Revenue Service (IRS) for the United States. The IRS delivered the massive tax demand to FTX, which is currently navigating the aftermath of bankruptcy and working hard to recover assets to restore customer funds. According to recent filings, the IRS filed initial proofs of claim totaling around $44 billion on April 27 and 28, 2023. The IRS amended some claims on November 2, 2023, lowering amounts for the tax years 2022 and 2023. However,

Hong Kong Authorities Investigate Alleged $15.4 Million Crypto Scam Linked to Hounax

4 months ago 1 min read

Hong Kong police have initiated an investigation into crypto trading platform Hounax following reports from 131 individuals who collectively claim losses of HK$120 million ($15.4 million) in an alleged scam. Victims, ranging from 19 to 78 years old, were lured into investing in cryptocurrencies through the platform. Upon attempting to withdraw funds, investors found themselves unable to do so. The police have vowed to make arrests soon. The Securities and Futures Commission had earlier listed Hounax as a suspicious virtual asset trading platform, stating that it targeted Hong Kong investors with false claims of collaboration with financial institutions and venture