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India Proposes a Global CBDC Interoperability System

Web3

August 30, 2024

India Proposes a Global CBDC Interoperability System

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

Solana Sees 40% Surge in Trading Volume

Web3, Cryptocurrency

August 30, 2024

Solana Sees 40% Surge in Trading Volume

Solana (SOL) has perceived a 40% boost in trading volume and that might be on the path of recovery. This … Read more

DOGS Meme Coin Causes Major Disruption to TON Blockchain

MemeCoin

August 28, 2024

DOGS Meme Coin Causes Major Disruption to TON Blockchain

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

Bitcoin Enters the Banana Zone Analyst Predicts Wild Market Swings

Bitcoin

August 28, 2024

Bitcoin Enters the “Banana Zone”: Analyst Predicts Wild Market Swings

Bitcoin is moving into what one analyst has termed the ‘Banana Zone’, where prices could revolve randomly.  The term sums … Read more

Kaspa (KAS), a cryptocurrency that grabbed attention as a possible next-generation blockchain, has experienced a significant price drop.

Kaspa

August 28, 2024

Kaspa Faces Potential 50% Price Drop as Market Uncertainty Grows

Kaspa (KAS), a cryptocurrency that grabbed attention as a possible next-generation blockchain, has experienced a significant price drop. The trader … Read more

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

Cryptocurrency, Web3

August 28, 2024

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This … Read more

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.

Web3

August 28, 2024

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

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

SEC Charges Brothers in $60M Crypto Ponzi Scheme

Cryptocurrency, Web3

August 28, 2024

SEC Charges Brothers in $60M Crypto Ponzi Scheme

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

Shiba Inu to Launch DAO, Empowering Token Holders

MemeCoin

August 28, 2024

Shiba Inu to Launch DAO, Empowering Token Holders

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

$69 Million Ethereum Transfer Sparks Market Speculation

Ethereum

August 27, 2024

$69 Million Ethereum Transfer Sparks Market Speculation

With a significant development in cryptocurrency, investors and analysts are looking deeply into the major crypto exchange. The recent transer … Read more

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