• Dogecoin (DOGE) surpasses Binance USD (BUSD) in the TOP 10 global market cap. • SEC restricts Paxos, the issuer of BUSD, from producing any more stablecoins. • BUSD market cap dropped dramatically, while USDT and USDC also declined. Dogecoin Flips Binance USD Stablecoin: BUSD Loses 50% of its Market Cap Background Binance has been […]
Read More• Zk-rollups are touted as a solution to Ethereum’s scalability issues. • Zero-knowledge proofs and rollup technology aim to boost transaction throughput on the blockchain. • The Blockchain Trilemma dictates that perfect blockchains successfully balance decentralization, security and scalability. What is ZK-Rollups? ZK-Rollups are touted as the ultimate solution to Ethereum’s scalability issues. This technology […]
Read More• The Securities and Exchange Commission (SEC) has recently taken legal action against BUSD issuer Paxos, resulting in the halt of minting BUSD coins. • CryptoQuant has observed a large-scale withdrawal from Binance and an increase in BUSD deposits to various Paxos deposit addresses. • Andrew Thurman estimates that the total amount of BUSD burned […]
Read More• Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), publicly clarified that he isn’t associated with the new token Paw (PAW) and warned of potential pump-and-dump schemes. • Kusama also shared a donation link to support victims of the recent earthquake in Turkey and Syria. • Shibarium’s release date remains uncertain, but Kusama encourages […]
Read More• The article outlines six of the most famous crypto skeptics: Xi Jinping, Warren Buffett, Jamie Dimon, Bill Gates, Nouriel Roubini and Alan Greenspan. • It explains how each of these influential people have expressed skepticism towards cryptocurrency and blockchain technology. • It also elaborates on the various measures they have taken to oppose the […]
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