The price of the frog-themed memecoin Pepe (PEPE) has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fears of a “rug pull” by its developers. The allegations — as well as the negative price action — came as $16 million worth of Pepe tokens […]
Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base. 1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit […]
Meta AI announced the launch of ‘Code Llama,’ a community-licensed artificial intelligence (AI) coding tool built on the Llama2 large language model (LLM), on Aug. 24. The new tool is a fine-tuned version of LLama2 that’s been trained specifically for the purpose of generating and discussing computer code. According to […]
Solana Pay has partnered with Shopify for an integrated payment solution in a move that could shake up the crypto industry, or at the very least, the payments sector. Solana Pay is a near-zero gas fee, free-to-use platform built on Solana’s popular blockchain. It is easy and fast and lets […]
Progress is underway in the field of blockchain technology, with the highly anticipated public launch of the Shibarium layer-2 version happening soon. The Shiba Inu team has announced that the platform is running smoothly and just needs to be made public. The team behind Shibarium, an Ethereum layer-2 network, has indicated […]
Optimism (OP) is proving to be a beacon of stability amidst the tumultuous fluctuations of the cryptocurrency market, particularly Bitcoin (BTC). While Bitcoin’s price swings have left investors on edge, Optimism’s weekly rally seems poised to extend its resilience. The cryptocurrency’s price trajectory has demonstrated a notable rebound, bouncing back […]
The legal battle between the SEC and Ripple Labs has seen significant developments, with insights provided by Marisa Tashman Coppel, Senior Counsel at Blockchain Association, on X (formerly known as Twitter) on 22 August 2023. Her tweets shed light on recent rulings by Judge Torres and Judge Rakoff of the […]
Cryptocurrency exchange Binance will suspend its crypto debit card services in Latin America and the Middle East from Aug. 25. The crypto debit card worked like other debit cards, allowing users to pay for day-to-day goods and services. The only difference is that these cards were funded by cryptocurrency assets. […]
Bitcoin price started a recovery wave above the $26,250 resistance. BTC could gain bullish momentum if there is a close above the $27,000 resistance. Bitcoin is slowly moving higher above the $26,250 support zone. The price is trading above $26,250 and the 100 hourly Simple moving average. There is a […]
Shares of computer chip manufacturer Nvidia soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates. In its Q2 earnings report, the company posted a whopping $13.5 billion in revenue for the quarter — an 88% […]
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