Ad Arbitrum’s newly airdropped token ARB price dropped by around 90% to $1.20 as investors rapidly dumped their token, according to CryptoSlate’s data. During the first hour of its claim, the ARB token traded for $3.99 on decentralized exchange (DEX) Uniswap and above $5 on centralized exchanges like KuCoin, Kraken, and OKX. During the period,…
Op-ed: The unspoken Ethereum revolution: Are EOAs becoming obsolete?
Ad Under the radar, one of the most significant changes to the Ethereum ecosystem has been announced with little to no community reaction. Account abstraction is a core advancement in web3 account management, but the current roadmap brings a new goal — to remove Externally Owned Accounts (EOAs) entirely from the Ethereum ecosystem. The term…
Coinbase confirms it will list Arbitrum’s native token ARB
Ad U.S.-based crypto exchange Coinbase announced on March 22 that it intends to support Arbitrum’s upcoming native token ARB and list it for trading on the platform. Listing details Coinbase said it will add support for the ERC-20 token and warned users not to send it to networks other than Ethereum. The exchange added that…
Arbitrum to airdrop 112.8M ARB tokens to DAOs on its ecosystem
Ad Ethereum layer2 solution Arbitrum would airdrop 112.8 million ARB tokens to 137 decentralized autonomous organizations (DAOs) on its ecosystem on March 23. Arbitrum says airdrop is not a retroactive grant In a March 21 Twitter thread, Arbitrum said the airdrop was not a retroactive grant. Instead, it was a way of empowering the sub-communities…
NFT market manipulation? CryptoSlam claims suspicious activity on Blur
Despite its recent success, the journey for Blur to become the biggest NFT marketplace is far from over, and evaluating its current and future success is a complex matter. NFT marketplaces are currently embroiled in fierce competition for customers, with companies lowering their fees and royalties to entice and keep users. This competition has resulted…
Singularity pumps 31% in 24H trading after GPT4 launch
The launch of ChatGPT-4 has resulted in a significant spike in the price of SingularityNET’s AGIX. The blockchain-based platform, which allows developers to create, share, and monetize artificial intelligence services, has seen a surge in interest following the release of the advanced AI language model, which has surged over 30% in the last 24 hours….
KYVE mainnet launch on Pi Day brings decentralized, trustless data lakes on-chain
Blockchain data verification network KYVE successfully launched its mainnet on Pi Day (3/14) at 3:03:14 PM CET on March 14 after two years of development. The decentralized data lake is built using the Cosmos SDK as a Layer 1 blockchain and is designed to provide trustless data solutions for developers, node runners, and data analysts….
Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
Ad Lebanese are starting to disconnect and give up on Helium boxes as the cost of keeping them online has become increasingly unsustainable and unprofitable, Wired reported. Lebanon has become a hotbed of crypto adoption and use as the country contends with a collapsed economy and banking system. Stablecoins are more common than fiat as…
Market rally pumps bankrupt crypto firm holdings
Ad The recent crypto market rally has pumped the crypto holdings of several bankrupt crypto firms in the last 24 hours, according to the Arkham Intelligence dashboard. During the last 24 hours, flagship digital assets like Bitcoin (BTC) and Ethereum (ETH) rose by more than 7%, respectively. The global crypto market cap also rallied above…
Cardano rises 6% against Bitcoin despite broad market sell-off
Ad Cardano’s ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to CryptoSlate’s data. The ADA/BTC spot pair on Binance increased by 0.00000087 during the reporting period to as high as 0.00001571. However, it has retraced to 0.00001562 at the time of writing. Source: Tradingview…