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*Disclaimer: The following article recounts a personal experience in the crypto space and is intended for informational purposes only. Cryptocurrency investments come with risks, and readers are encouraged to conduct their own research and seek professional advice.* — Introduction They say that the crypto space can be a wild ride, and my journey with Mimas … Read more
Mimas Finance & Tranquil Shutting down DeFi services by October 31, 2023 In a shocking turn of events, Mimas Finance and Tranquil Finance have announced the closure of their DeFi services, sending shockwaves throughout the cryptocurrency community. The announcement, made on their official channels, comes as a result of careful consideration and a desire to … Read more
Blockchain infrastructure firm Paxos has confirmed that it made a mistake in paying over $500,000 in Bitcoin transaction fees, and the Bitcoin miner who received the funds has returned them. A bankruptcy court has approved the sale of FTX digital assets, excluding Bitcoin and Ether, which can be sold separately. Digital Currency Group has proposed … Read more
Ethereum Unveils Shiny New Testnet, What Does It Do Ethereum developers have launched a new testnet called Holesky, which is expected to replace the Goerli Testnet. The Holesky testnet will be used for testing complex upgrades and infrastructure until 2028. It is said to have better testing capabilities than the Goerli testnet. Validators on the … Read more
Crypto Analyst Reveal The Best Time To Buy Altcoins Crypto analyst Michaël van de Poppe believes that the best time to invest in altcoins is 6-10 months prior to the Bitcoin Halving, which is set to occur in April next year. He claims that this is the worst period of the crypto market cycle but … Read more
Base, the Coinbase-incubated Ethereum layer 2 (L2) network, has experienced significant growth and adoption since its public launch just a month ago. Along with this growth, the number of users and protocols on the platform has also expanded significantly. In a remarkable display of this rapid growth, Base recently achieved its highest number of daily … Read more
Polkadot community PolkaWorld halts operations after failed funding bid The Polkadot community, PolkaWorld, has suspended operations after its proposal to receive funding from Polkadot’s treasury was rejected. PolkaWorld raised concerns about the treasury management under the new open governance system called “OpenGov,” claiming it is affecting long-term contributors to the Polkadot ecosystem. The organization believes … Read more
DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks DJ and crypto investor 3LAU has withdrawn from decentralized social media platform Friend.tech due to concerns over regulatory risks. He specifically pointed out the automated market maker (AMM) feature of the platform as a potential regulatory grey area. 3LAU stated that he … Read more
Ethereum and Bitcoin are two of the most popular and widely used cryptocurrencies in the world. While Ethereum has gained a reputation as the king of smart contracts and the primary hub for DeFi and NFT activity, on-chain data suggests that Bitcoin is ahead in terms of user engagement. This can be interpreted by the … Read more
The content highlights that Bankman-Fried, the founder of crypto exchange FTX, refuses to acknowledge or take responsibility for the $8 billion loss and the impact on people’s life savings. He seems oblivious to the possibility of facing jail time for his actions. Interestingly, his main remorse appears to be focused on his tarnished public image, … Read more
