About: timi

Avalanche Foundation, the supporter of the Avalanche blockchain, has taken steps in its memecoin acquisition initiative by introducing an eligibility framework that outlines key criteria for the consideration of these highly volatile coins. This move is part of the foundation’s strategy to foster culture, creativity, and engagement within its ecosystem. The recently released eligibility criteria […]

In recent days, Solana (SOL) has seen a sharp drop in its price, raising concerns about the possible bursting of the bubble that led the cryptocurrency to reach a high of $126 on December 26, 2023. Data from CoinMarketCap reveals an 8.7% decrease in price in the last 24 hours, placing it at around $80 […]

Cardano (ADA) stands out as a leader in development, according to data from the analysis firm Santiment. The key indicator here is development activity, which tracks the total work done by developers on the project’s public GitHub repositories. Santiment has taken a unique approach to measuring this activity, using events instead of traditional commits to […]

OKX’s native exchange token, OKB, experienced a flash crash, plummeting by more than 50% in just three minutes. This sudden drop was triggered by a series of liquidations due to an abnormal price fluctuation. The token’s value dropped from a high of $50.34 to a low of $25.17 before recovering to $47.75. The 24-hour trading […]

The Bank for International Settlements (BIS) has presented its ambitious strategy for 2024, highlighting its focus on Central Bank Digital Currencies (CBDCs) and tokenization. However, this emphasis on CBDCs raises critical questions, especially when it comes to the very essence of cryptocurrencies: decentralization. CBDCs, designed to be issued and backed by central banks, represent a […]

The developers of Tornado Cash, a privacy-focused Ethereum mixer, have rallied a legal defense fund exceeding $350,000. The fund is backed by none other than Edward Snowden, the renowned NSA whistleblower. The fund was set up in response to the impending legal trial of Roman “Storm” Pertsev, a co-founder of Tornado Cash. Pertsev is facing […]

In a recent interview with CNBC on January 23, Cathie Wood, CEO of ARK Invest, shared her perspectives on the future of Tesla, Bitcoin ETFs, and her firm conviction in the potential of the industry-leading cryptocurrency. Wood began by expressing strong support for Elon Musk, labeling him as a visionary and the standout inventor of […]

The recent drop in the crypto fear and greed index to a 100-day low has drawn attention in the crypto market. This decline coincides with the persistent decrease in the price of Bitcoin, now hovering around $40,000. The recent approval of Bitcoin ETFs in the United States triggered a series of events that significantly impacted […]

Liquid restaking, a process that involves tokenizing deposits to the restaking protocol known as EigenLayer, has recently exceeded $600 million in total locked value and continues to grow. Protocols such as Ether.Fi, Kelp DAO, and Renzo are at the forefront of this liquid restaking movement. These protocols provide a platform for DeFi users to stake […]

The U.S. Securities and Exchange Commission (SEC) has escalated its legal stance against Ripple. The regulatory body filed a new request to compel Ripple to provide financial documents and details of XRP sales contracts made after the initial complaint. The SEC’s latest request, submitted to Judge Sarah Netburn of the Southern District of New York, […]