Cryptocurrency

March 18, 2024

Memecoin presales hit ‘peak degeneracy’ with over $100M raised in 3 days

The crypto community is sounding the alarm on what they perceive as “peak degeneracy,” with founders of memecoins accumulating millions worth of Solana’s SOL through token […]

Solana activity flips Ethereum amid memecoin craze, even as txs fail

Over the weekend, Solana network activity surpassed Ethereum amid a surge in demand for Solana-based memecoins, driving the total trading volume on Solana to $3.52 billion, […]

Cardano refutes rumors it abandoned its scaling project Hydra

Cardano co-founder Charles Hoskinson has responded to rumors suggesting that its Hydra layer-2 scaling project for the network had been abandoned.   On March 18, the […]

Cardano finally gets fiat-backed stablecoin USDM after huge delays

Layer-1 blockchain Cardano has introduced its inaugural 1:1 fully fiat-backed stablecoin, USDM, marking its entry into the stablecoin market valued at $146 billion and predominantly led […]

Base surges to 2M daily transactions following Dencun upgrade

Daily transactions on the Coinbase Ethereum layer-2 network Base soared to an all-time high of 2 million on March 16, shortly after the Dencun upgrade. Before […]

Pro-XRP lawyer confident he can win Senate bid, sets $1M campaign goal

Pro-XRP lawyer John Deaton has announced his candidacy for the Massachusetts Senate race against incumbent Senator Elizabeth Warren. With a significant investment of $500,000 of his […]
March 16, 2024

NetMind platform ‘has not been compromised,’ claims team after miner hack FUD

Blockchain artificial intelligence (AI) platform NetMind has refuted claims of a hack on March 15, asserting that the incident was confined to an individual miner and […]

Nigerian SEC seeks to raise crypto exchange registration fee

Nigeria’s Securities Exchange Commission (SEC) has put forward a proposal to amend the rules governing platforms offering crypto services. The amendment suggests a significant increase in […]

Mozaic Finance hacked for $2.4M via private key compromise

Mozaic Finance, a yield farming protocol, suffered an exploitation on March 15 on the Abitrum network, as confirmed by the protocol’s development team. The attacker reportedly […]

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