Deepshova

Mbappé’s Social Media Hacked to Promote Fake Crypto Scam

Mbappé’s Social Media Hacked to Promote Fake Crypto Scam

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Recently one of the most popular footballers Kylian Mbappé’s official social accounts were involved in the scam. The scam was ...

Binance Ready for Cardano Chang Hard Fork as Preparations Peak

Binance Ready for Cardano Chang Hard Fork as Preparations Peak

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Binance through its official channels claimed readiness for the Cardano Chang hard fork increasing the readiness level of exchanges. The ...

Trump Presidency Not Needed for XRP’s Rise

Trump Presidency Not Needed for XRP’s Rise

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Xena, an influential member of the XRP community debunked the idea that Trump must get re-elected for XRP to succeed. ...

India Proposes a Global CBDC Interoperability System

India Proposes a Global CBDC Interoperability System

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The RBI which is the central bank of India has recently introduced a new concept known as the “plug-and-play” that ...

DOGS Meme Coin Causes Major Disruption to TON Blockchain

DOGS Meme Coin Causes Major Disruption to TON Blockchain

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TON, the Telegram Open Network was recently disrupted by the introduction of a meme coin called the DOGS. On 28 ...

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This is the first time that Base Network has reached this milestone. The milestone signifies the beginning of the next phase in the rapid evolution of Base Network. Base Network is an Ethereum Layer 2 scaling solution developed by Coinbase. The Base Network is a cost-effective and scalable alternative to the Ethereum mainnet. This has led to the increasing number of daily activities of the Base Network. It shows that interest of users are growing in the Layer 2 solutions.  Diverse users are attracted to it due to the high transactions at low fees. From retail traders to investors, are seeking possibilities to capitalize on benefits from Layer 2 technology. The rise in the activities also depicts the vast uptrend in DeFi. The users are inclined toward decentralized solutions for trading, lending and more. Thus, with the advanced technological platform and support of Coinbase, Base Network has become prominent for the further development of decentralized Finance. As the Base Network gains more popularity, there are chances of innovations in the DeFi environment. Therefore, the achievement made in the daily active addresses by reaching 1M  points to the bright future of Layer 2 solutions in the blockchain market.

Binance Urges U.S. Help as Exec Marks 6 Months in Detention

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Binance CEO Richard Teng wants the U. S. to intervene. As, Binance executive Tigran Gambaryan, a former U. S. federal ...

SEC Charges Brothers in $60M Crypto Ponzi Scheme

SEC Charges Brothers in $60M Crypto Ponzi Scheme

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The U.S. Securities and Exchange Commission(SEC) charged brothers Jonathan and Tanner Adam with running a $60 million Ponzi scheme using ...

Shiba Inu to Launch DAO, Empowering Token Holders

Shiba Inu to Launch DAO, Empowering Token Holders

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Shiba Inu has a new decentralized autonomous organization (DAO) on the horizon that puts it in a different league. This ...

Russia to Start Crypto Payment Trials Next Week

Russia to Start Crypto Payment Trials Next Week

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Russia targets to introduce trials of crypto for payments next week. Thus, seeks ways of dealing with the barriers that ...

Vitalik Buterin Defends Ethereum’s DeFi Stance Amid Criticism

Vitalik Buterin Defends Ethereum’s DeFi Stance Amid Criticism

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During the recent critique of Ethereum, one of its co-founders-Vitalik Buterin-took very active part in the debate. The debate was ...