The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $24,720.74 and BTC market dominance is %. The price of Ethereum is $1,648.97 and ETH market dominance is %. The best performing cryptoasset sector is Charity, which gained 2%.
Shiba Inu (SHIB) sank 7% over the last 24 hours following allegations Shibarium is a ripped chain. Shibarium is a layer 2 that intends to bring scaling, speed, lower fees, and additional development capacity to the Ethereum chain. It launched its beta test, dubbed PuppyNet, on March 11. However, as documented by @Rancune_eth, the Shiba…
Ad On the first day of the city-wide crypto event that was EthDenver, Steven Fluin, Head of Developer Relations at Axelar, put the onus of developers to build a more connected web3 by stating that “dApps developers have the responsibility to unify.” Talking at the InterOp Summit, Fluin began by asking the audience to join…
Ad Stablecoin inflow into Ethereum (ETH) layer 2 (L2) networks increased 5% in the last seven days to over $2 billion, according to DeFillama data. Arbitrum averaged a $10M inflow per day in February In February, Arbitrum’s stablecoin inflow averaged over $10 million daily as the network saw a total influx of around $300 million….
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 2…
Send Globally, a remittance service on Bitcoin Layer 2 scaling solution Strike Lighting Network, will be available in the Philippines starting Jan. 31. The country has a remittance market of $35 billion, which is one of the world’s largest. Strike has partnered with Bitcoin payments firm Pouch.ph in the Philippines to deliver its Lighting Network….
Layer 2 (L2) network Optimism (OP) transaction volume has declined by over 70% to 200,000 from an all-time high (ATH) of 800,000, according to Etherscan data. Meanwhile, despite the steep decline in its transaction volume, Optimism’s OP printed a $2.49 ATH on Jan. 25, according to CryptoSlate data. Optimism’s transaction volume falls Binance research pointed out…
Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, according to Dune Analytics data. Source: Dune Analytics Optimism (OP) contributed around 50% of the gas spent — with a seven-day moving average of…
Shiba Inu teased the launch of Shibarium in a recent blog post, saying a beta version is close to rolling out. In Late December 2022, a year-old cryptic tweet from Lead Developer Shytoshi Kusama resurfaced, in which he said by the end of 2022, “chess pieces begin to slide,” and “then the real fun begins.”…
A new report by Messari on the state of the Polygon network revealed an increase of new addresses QoQ of 180%. Active addresses also hit an all-time high of 6 million, while total transactions surpassed 2 billion during Q3. Other critical metrics for Polygon are shown in the table below. Messari’s data shows that the…