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Floki Inu has reached a five-month high
6 months ago 1 min read

Floki Inu (FLOKI) Soars 105% in One Week, Reaches Five-Month High

Floki Inu (FLOKI), the meme coin that is making waves in the crypto world, is grabbing everyone’s attention with its remarkable performance and instigative updates. It has lately hit a five-month high, trading at $0.00004074, which is a 24% increase in the last 24 hours. Indeed, more astonishing is its inconceivable 105% swell in just one week. What is indeed more instigative is the substantial increase in Floki’s trading volume, which has gone up by a whopping 93 in the same period, reaching an aggregate of $324 million. This swell in positive instigation can be credited to strategic cooperation and

Shiba Inu's marketing lead, Lucie, has cleared up some confusion regarding Shibarium and the burning of SHIB commemoratives.
6 months ago 1 min read

Shiba Inu’s marketing lead clears up some confusion surrounding Shibarium and the burning of SHIB tokens

Shiba Inu’s marketing lead, Lucie, has cleared up some confusion regarding Shibarium and the burning of SHIB commemoratives. When you transfer your SHIB commemoratives from the Ethereum network( L1) to Shibarium( L2), the original SHIB commemoratives are locked in the ground contract. At the same time, a new interpretation of the commemorative is created on Shibarium. So, the original commemoratives are not destroyed or taken out of rotation. They are just locked down. Then comes the important part: when you decide to burn your SHIB commemoratives on Shibarium, you are actually burning this new interpretation, while the original commemoratives stay locked in the ground contract. In simple terms, it’s like getting rid of a dupe, not the original. Lucie also gave some guidance to inventors and the community. However, you should first move your SHIB back to the Ethereum network and also shoot it to the” dead portmanteau, if you are part of

JP Morgan predicted that the US SEC might give the green light to Bitcoin Spot ETFs
6 months ago 1 min read

JP Morgan says the US SEC will approve Bitcoin Spot ETFs by January 10, 2024

JP Morgan, one of the largest and most influential banks, is predicting that the United States Securities and Exchange Commission (SEC) might give the green light to Bitcoin Spot ETFs (Exchange-Traded Funds) by January 10, 2024. Now, what’s so exciting about this? Well, Bitcoin ETFs would make it much easier for regular people to invest in Bitcoin. Think of them as a way to indirectly buy and own Bitcoin without dealing with all the technical stuff. You could own Bitcoin just like you own shares in a company. But here’s the twist: If the SEC says “no” to these Bitcoin

Bitcoin's dominance surged above 50% for the first time since April 2021.
6 months ago 1 min read

Bitcoin dominance exceeds 50% for the first time since April 2021

Bitcoin’s dominance surged above 50% for the first time since April 2021. This means that Bitcoin’s (BTC) market capitalization now accounts for over 50% of the total cryptocurrency market. It’s a development that many traders and investors closely monitor, as it reflects Bitcoin’s strength relative to other cryptos in the market. To put it simply, when Bitcoin’s dominance is high, it indicates that BTC is outperforming alternative cryptocurrencies to Bitcoin (altcoins). When it’s low, it suggests that altcoins are gaining ground. Now, there are a few reasons why this surge in dominance is happening. One factor is the recent buzz

Solana Unveils Incubator Initiative to Drive Growth in the Startup Ecosystem
6 months ago 1 min read

Solana Launches Incubator Program to Boost Startup Growth

Solana (SOL) Labs has launched its Incubator program, an initiative designed to support and nurture startups building on the Solana network. This program provides early-stage companies with a range of resources and guidance, including engineering support, go-to-market strategies, fundraising advice, and access to Solana’s ecosystem. The Solana Incubator program is primarily focused on technical teams aiming to leverage the Solana network while benefiting from the resources and connections offered by Solana Labs. By collaborating closely with Solana Labs, startups can address common challenges in the Web3 space, such as engineering complexities and go-to-market strategies, ultimately helping them establish successful businesses.

Dogecoin's 29% Price Surge
6 months ago 1 min read

Dogecoin (DOGE) Sees 29% Surge as Bulls Target Sustained Momentum

Dogecoin (DOGE) had a 29% surge over the past week. Its current price stands at $0.0708, solidifying its position as one of the top-performing coins in the top 10 by market capitalization. Some skeptics have doubted the staying power of DOGE’s recent gains. However, a notable analyst, Rekt Capital, sees the recent price spikes as a “moment of truth” for the meme-inspired cryptocurrency. In a tweet, Rekt Capital highlighted the FOMO-driven price spikes in DOGE’s chart, suggesting that more capital inflows could be on the horizon in the days to come. The analyst also pointed out that a weekly close

UK lawmakers have passed a bill aiming to enhance law enforcement abilities to seize and freeze crypto linked to criminal activities
6 months ago 1 min read

UK Bill Passes Law That Enables Seizure and Freezing of Criminal Crypto Assets

UK lawmakers have passed the Economic Crime and Corporate Transparency Bill, aiming to enhance law enforcement agencies’ abilities to seize and freeze cryptocurrency linked to criminal activities. The bill covers a wide range of illegal activities, including drug trafficking and cybercrime, and is expected to receive royal approval shortly. The new legislation provides local law enforcement with expanded powers to confiscate cryptocurrency associated with criminal behavior, all without the need for a prior conviction. This change is considered crucial for addressing time-sensitive cases where swift action is required. Introduced in September and subjected to several amendments, the bill now extends

A technical indicator for Shiba Inu (SHIB) has recently triggered a buy signal, as pointed out by crypto analyst Ali Charts on X, formerly Twitter.
6 months ago 1 min read

One of Shiba Inu’s (SHIB) key technical indicators shows a buy signal: will SHIB rally?

A technical indicator for Shiba Inu (SHIB) has recently triggered a buy signal, as pointed out by crypto analyst Ali Charts on X, formerly Twitter. Ali Charts conducted an analysis of SHIB’s TD Sequential indicator on a weekly chart. This particular indicator is used to gauge the timing of potential trend reversals and exhaustion. The TD Sequential indicator functions by tracking an asset’s price action over a sequence of nine candlesticks. When it reaches 9 during a downtrend, a buy signal is generated. Conversely, if it reaches 9 during an uptrend, it signals a potential sell-off. According to Ali, SHIB’s

Avalanche (AVAX) Experiences a Strong Bullish Surge, but Potential Short-Term Bearish Indicators Emerge
6 months ago 1 min read

Avalanche (AVAX) rallies from $8.65 to $10.8 while Bitcoin (BTC) also jumps close to $35,000

Avalanche (AVAX) has been on a bullish streak over the past six days, posting impressive gains of nearly 25%. During this period, AVAX’s price surged from $8.65 to $10.8. Note that Bitcoin (BTC) also saw an increase of almost 24% during the same timeframe. Last week, the $9.2 level for AVAX witnessed an increase in liquidations, as indicated by Hyblock data. The $8.8-$9 range was identified as a potential area for a bullish reversal toward $10, and this analysis has been confirmed by recent price action. Back on August 29, AVAX experienced a brief bounce, reaching $11.21, before a downtrend

BlockFi has successfully emerged from bankruptcy
6 months ago 1 min read

BlockFi Begins Creditor Repayments and Asset Withdrawals

Crypto lending platform BlockFi has successfully emerged from bankruptcy. Effective October 24, BlockFi has initiated the process of repaying some of its creditors, allowing customers to withdraw their assets from their BlockFi Wallets. Furthermore, BlockFi has outlined plans for customers with BlockFi Interest Accounts (BIA) and loans to withdraw their assets in early 2024. This breakthrough enables BlockFi to actively pursue the recovery of assets from entities it believes owe the company money. Notable among these entities are cryptocurrency platforms like Three Arrows Capital, also known as “3AC,” and FTX. BlockFi is now in a position to continue the distribution

Google and Qualcomm have joined hands to transform the Android experience by integrating Google's Gen-AI models
6 months ago 2 mins read

Google and Qualcomm Collaborate for On-Device AI Integration

Google and Qualcomm have joined hands to transform the Android experience by integrating Google’s Gen-AI models into more Android phones featuring Qualcomm’s Snapdragon 8 Gen 3 processor. This move, announced during the launch of the Snapdragon 8 Gen 3, signifies a significant advancement in on-device AI capabilities, promising Android users a plethora of new features, improved performance, and enhanced power efficiency. The key innovation in this collaboration is the utilization of Qualcomm’s cutting-edge Hexagon NPU for AI models from Google. As part of this partnership, Google’s Pixel 8 Pro will be able to offer on-device AI experiences, including features like

Maestro Telegram Bot Falls Victim to Contract Exploit, Resulting in $500,000 ETH Theft
6 months ago 1 min read

Telegram Bot Maestro Falls Victim to Contract Exploit, Losing $500,000 in ETH

Today, Maestro, one of the projects on the popular messaging app Telegram, faced a security breach that resulted in a breach of user accounts. The breach occurred due to a critical security vulnerability within the project’s Router2 contract, which led to unauthorized transfers of over 280 ETH, equivalent to $500,000. The Router2 contract, primarily responsible for managing token swaps, had a vulnerability that enabled attackers to perform unauthorized actions, including asset transfers. Security firm PeckShield reported that the stolen funds were sent to the cross-chain exchange platform Railgun, possibly in an attempt to obscure their origin. The core issue lay

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