The recent period has witnessed a significant drop in the value of SHIB, causing numerous Shiba Inu investors to lose their millionaire standing. Similar to the fate of various other cryptocurrencies, Shiba Inu has encountered substantial declines over the last fortnight. The digital currency remains below the price threshold of Read more…
The update reveals that users can now participate in deposits and withdrawals using PYUSD, with trading of this stablecoin set to kick off on Kraken starting August 21. The incorporation of PYUSD into the Kraken platform represents a significant achievement within the cryptocurrency sphere. To add PYUSD to their Kraken Read more…
Today, no definitive resolution has emerged concerning the eagerly awaited legal dispute between Grayscale and the US Securities and Exchange Commission (SEC). The conjectures of numerous Bloomberg analysts and legal authorities regarding the outcome of Grayscale’s legal battle to reconfigure its Bitcoin trust (GBTC) into an exchange-traded fund (ETF) focused Read more…
Mathematician and billionaire Charles Hoskinson, a co-founder of Ethereum and creator of IOG, the company behind Cardano, recently countered criticism of the Cardano chain in a recent post on X. Hoskinson discussed updates like Hydra and Mithril, affirming their smooth operation and evolution. A Cardano skeptic on X predicted that Read more…
In the realm of cryptocurrency, a novel concept known as “restaking” is gaining traction, challenging the need to construct individual security mechanisms from scratch. At its core, restaking revolves around the reutilization of ether (ETH) tokens that have been “staked” as collateral on Ethereum, the world’s second-largest blockchain, to guarantee Read more…
In the ever-evolving landscape of the cryptocurrency industry, one constant source of attention is the topic of regulation. Discussions about regulations, whether they lean towards supporting or hindering the crypto space, seem to dominate the conversation. This ongoing narrative is not without reason – regulations specific to any region have Read more…
Shytoshi Kusama, the community-appointed lead for Shiba Inu, has decisively addressed the apprehensions stemming from the recent turbulence surrounding Shibarium. Kusama offered his unequivocal assurance to the community, stating that the challenges encountered were a consequence of an unexpected surge in user activity. While certain members of the community were Read more…