As more people get drawn into the profit potential of crypto, skeptics increasingly point out to the fraud and failure happening in the space. The various hacks, ransomware attempts on the Colonial Pipeline, and the high-profile failures of Terra/Luna, Three Arrows Capital, Celsius and most of all FTX/Alameda have done nothing to improve crypto’s tarnished image. It doesn’t help that…
Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels. Source: https://cointelegraph.com/app/public/index.php/news/memecoin-hype-drives-bitcoin-transaction-fees-to-multi-year-highs
Hear ye, hear ye! Just in time for the coronation of King Charles III and Queen Camilla on May 6, the Evening Standard newspaper has teamed with digital artist Trevor Jones to launch a free collection of commemorative Ethereum NFT celebrating the event on Nifty Gateway. Created in collaboration with Apollo NFT, “The Oath” can be claimed directly on Nifty…
The world’s largest crypto exchange by volume has just added two more meme coins to the casino. Binance today announced it would list both Pepecoin (PEPE) and Floki Inu (FLOKI) in the platform’s so-called innovation zone. To enter, traders must first answer two questions correctly regarding how much money they could lose trading in this zone (more or less than…
The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges. On May 5, SUI price was $1.26 per token, down about 70% from its record high of around $4, established two days ago on Binance. Interestingly, on other exchanges like Kraken, the token’s market top was $1.60 or lower, suggesting it was in “price…
To the disinterested onlooker, the crypto winter may look like it’s over, as a particular frog-themed coin ascends to dizzying heights and the familiar aroma of FOMO permeates Crypto Twitter. But what’s really going on here? Tokens like Pepe, Wojack, and WSB are the latest sensation among degens, a crypto-specific term for traders with an insatiable appetite for risk, willing…
Memecoins have been part and parcel of the cryptocurrency space since the inception of Dogecoin back in 2013, with fortunes made and ruined in equal measure. But a new token on the block caused a stir in recent weeks, as Pepecoin (PEPE) grabs a chunk of the memecoin market share from plucky investors. As previously reported by Cointelegraph, Pepecoin saw a…
The frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours and surpassed a $1 billion market cap three weeks after it was first launched on April 14, 2023. PEPE memecoin price breaks $0.000003 on May 5. Source: CoinGecko Ironically, the core value proposition of PEPE is that there isn’t one. The official website for the cryptocurrency features…
Two years ago, Bright Moments opened its first physical live-minting event in Venice Beach. One year later, the event set up shop at NFT Art Berlin. Along the way, the DAO-driven roving NFT art festival has landed in New York, London, and Mexico City. And today, Bright Moments touched down in Tokyo. Bright Moments Tokyo turns the act of minting…
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan. Under the new partnership, Stronghold Digital plans to activate 2,000 Avalon A1346 miners and 2,000 A1246 models. This will result in a total hashrate capacity of 400 petahash…
