Within a Single Month, USDC’s Market Cap Lost 23% Key Points: Since the beginning of the month, USDC’s market capitalization has decreased significantly. There were also declines in other stablecoins like BUSD. In recent times, USDT is the “most stable” stablecoin. With the instability related with the breakdown of crypto banks over the course of…
Read more
Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12. With the Shapella hard fork scheduled to be activated on the Ethereum mainnet on April 12, Ethereum validators will soon be able to withdraw their Ether from the Beacon Chain. Shapella will take effect at epoch 194,048 on April…
Read more
MetaMask may offer users an airdrop Key Points: MetaMask is devising an airdrop strategy by taking a snapshot of user transactions. Users must conduct transactions on the dApp in order to participate in the airdrop. To participate in the airdrop, you must have at least four txns and a $1,000 volume. The crypto community…
Read more
Key Points: The BNB chain-based exchange Safemoon has been compromised. The majority of SFM tokens in the Safemoon liquidity pool could be burned by an exploiter, artificially raising the token’s price and allowing the contract’s WBNB to be depleted in a single transaction. The update was started by the deployer contract, which raised the possibility…
Read more
Key Points: The current financial crisis is ultimately positive for cryptocurrencies’ long-term prospects. He asserts that open data systems and cryptography will prevail and stresses the significance of comprehending their truth. The banking crisis was brought on by too many and too quickly rate hikes, but in the end, it is positive for cryptocurrencies’ long-term…
Read more
Derivatives always have a higher trading volume than crypto market spots due to leverage and hedging. However, derivative goods flourish and account for significant trade volumes on centralized exchanges (CEX). Decentralized exchanges (DEXs) continue to face a number of obstacles, including fluctuating gas costs, low liquidity, the possibility of liquidation, and the low number of…
Read more
The Ethereum Shanghai Upgrade is a significant milestone in the ongoing effort to improve the platform’s scalability and efficiency, making it a pivotal moment in the history of the Ethereum network. It has become increasingly evident that the existing infrastructure was not designed to handle the scale and complexity of the demands placed on it…
Read more
Anyone who wants to buy, sell, or hold Syscoin should use Syscoin Wallet because it makes it easy and secure to manage their holdings. What is Syscoin Wallet? Syscoin Wallet is a digital wallet used to store, manage, and transfer Syscoin, which is a decentralized cryptocurrency. Syscoin Wallet allows users to send and receive…
Read more
Key Points: The attacker gave Euler Finance 51,000 ether, which is about $89 million, but there are still some Ethers in the exploiter’s account. For the return of 90% of the stolen funds, Euler Finance offered the assailant a 10% (or $19.7 million) bounty. The Euler exploiter recently returned $89 million in Ether to Euler…
Read more
Key Points: By the end of 2022, BitDeer, a subsidiary of former Bitmain co-founder Jihan Wu, announced that it had increased the capacity of its Texas facility to 562 MW. The capacity of half a gigawatt has supported a variety of business models across three main segments: Storage, hash rate sharing, and proprietary mining With…
Read more
