Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started rallying on Oct. 23 from…
Author: Crypto Superhero
Jack in the Box Sues Crypto Exchange FTX for ‘Brazenly and Illegally’ Copying Mascot – Exchanges Bitcoin News
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by devaluing the goodwill associated with…
What is a directed acyclic graph in cryptocurrency? How does DAG work?
A simple guide to explain what a directed acyclic graph (DAG) is in cryptocurrencies, how it is used and how it works. Source link
How blockchain technology might bring triple-A games to metaverses
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public are the very same things…
Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter tells Musk to sell $TSLA U.S.…
A Conversation with the Wassie, the Bizarre Obsession of Crypto Traders on Twitter
If you have taken so much as a cursory glance at Crypto Twitter, you may have noticed the phenomenon of the Wassie. Beloved by crypto traders, the Wassie is a fictional creature who typically takes the form of a Pepe-like frog sporting a red baseball cap, looking rather downbeat. He is highly destructible, and dies violently every two weeks, before…
Bitcoin consolidates right below Fib level that triggered 2013 all-time highs
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the weekend, as market participants waited…
Congress Passes $1.2 Trillion Infrastructure Bill Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I – Bitcoin News
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill…
Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten cryptocurrencies by market cap as…
JP Morgan Spinoff Kadena Hits All-Time High After Rising 210% in Week
Kadena set a new all-time high of $18.38 in the early hours of the morning UTC as prices rose more than 43% in the last 24 hours and around 210% in the last 7 days. In the space of 10 hours since setting a new record, Kadena has suffered a near 10% pullback and currently trades at a price of…