The Shibarium network has seen significant uptake within its first month, with the user transaction count now approaching three million. Shibarium, the layer-2 network launched by blockchain project Shiba Inu, is approaching a new milestone. According to data on Shibariumscan, the network is edging closer to having settled three million transactions. The current statistics of…
The Shiba Inu content marketing specialist Lucie has taken to X to stress the need for Shiba Inu enthusiasts to store their assets on Shibarium rather than exchanges. In the tweet, Lucie first highlighted a prevailing inquiry regarding Shibarium’s role in SHIB burn. The Shiba Inu representative corrected that asking when Shibarium will burn SHIB…
The Descending Trend Line has acted as a strong resistance level for XRP since its SEC-induced rally. Will the XRP price continue to decline or start a rally? Since the Ripple lawsuit win in July, when the price of XRP increased by more than 90%, the altcoin has declined. EGRAG, a popular crypto chartist on…
Crypto Industry experts disclose XRP’s role in solving the economic challenges related to holidays, weekends, and nights, as well as market manipulation. In a recent tweet, pro-XRP lawyer John Deaton highlighted the application of XRP in solving a prevailing obstacle in the economic realm dubbed the “Friday Night Problem.” Deaton’s tweet followed a detailed thread…
The Hifi Finance token has now plummeted 66% after recently capturing a new all-time high of $2.61 over the weekend. The native token for Hifi Finance, an Ethereum-based lending and tokenization protocol, was the center of attention for a large chunk of crypto traders on a busy weekend. The Hifi token reached a new all-time…
Tron founder Justin Sun has claimed that the $815 million in TUSD stablecoin minted, swapped, and deposited into the JustLend platform were his personal funds, stirring up controversy. Tron founder and Huobi board member Justin Sun has been the subject of criticism in the crypto community after minting $815 million worth of True USD (TUSD) stablecoin…
Serious allegations have emerged surrounding the U.S. SEC and Ethereum, leading some key players to assert that the agency might not take Ripple to trial to avoid exposure of its past dealings. The accusations come from Steven Nerayoff, a prominent crypto community figure, and an early Ethereum adviser. Nerayoff’s comments have triggered the attention of the broader…
The prominence of crypto sponsors in the apex of auto racing, Formula 1, has declined from 16 to 12 in under one year. In the 2022 Formula 1 (F1) season, there was an abundance of cryptocurrency logos on cars and racetracks alike. Top blockchain companies, crypto exchanges, and token issuers spent hundreds of millions of…
A recent demo compared to SWIFT shows how XRP can facilitate remittances between the US and Japan, cutting costs and saving time. Ingrid, a US-based software engineer, has made a live demonstration comparing the cross-border payment processes of blockchain-based payment firm Ripple and the traditional settlement provider SWIFT. Taking to X, the developer, known for…
XRP has broken a multi-month descending trendline, gearing up for a rally to reclaim the $1 amid signs of the ASO indicator moving closer to a bullish cross. The recent breakout was highlighted by XRP Captain, a pseudonymous XRP analyst, in a recent analysis. In the accompanying chart, he identified a bearish downtrend that had…