Category Archives: Blockchain

Sudeng soars to record high as Sui meme coins gain traction

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Sudeng, a newly launched meme coin on the Sui Blockchain, surged by over 30% as the broader cryptocurrency market recovered. On October 3, Sudeng (hippo) climbed to a record high of $0.0143, marking a 180% increase from its lowest point earlier in the week. This rally coincided with a rising demand for Sui meme coins, […]

Pi Network Seeks Influencers for Open Network Growth

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The Pi Network has recently introduced the Global Pi Influencer Program as part of its ongoing efforts to boost growth and engagement in anticipation of the Open Network phase. This initiative aims to leverage the influence of key figures in the cryptocurrency space to further enhance awareness and adoption of the Pi Network. By joining […]

The largest TON tokens collapsed by 50%: Here are the possible reasons

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Tokens in the TON ecosystem that were recently listed on major cryptocurrency exchanges have experienced a significant decline. The largest tokens by market capitalization within the TON ecosystem have seen a sharp drop in the past few days. Compared to their all-time highs (ATH), the decline has reached between 30% and 50%. Notably, many of […]

Bitcoin’s halving upending global solo-mining profitability

The cost of mining a single Bitcoin has significantly changed since April’s halving, and eight countries with low electricity costs have already imposed bans on BTC mining. Once a lucrative venture for early adopters, Bitcoin mining has become less profitable following this year’s halving, according to a September report by NFT Evening. For instance, in […]

Crypto scam: Vietnamese police arrest 5 in crypto fraud ring

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Vietnamese police have successfully dismantled an international crypto fraud network, arresting several suspects involved in defrauding citizens of billions of VND. According to local news outlet Thanh Nien, the operation was orchestrated by criminals operating from the Golden Triangle Special Economic Zone in Laos. The scam lured victims into fake romantic relationships and fraudulent cryptocurrency […]

Coinbase to delist non-compliant stablecoins for EU clients over MiCA rules

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Coinbase is preparing to delist unauthorized stablecoins from its European platform by the end of the year, in compliance with upcoming MiCA regulations. The U.S.-based cryptocurrency exchange will remove all non-compliant stablecoins from its European operations as part of its effort to adhere to the European Union’s new crypto regulations, according to a report by […]

Ethereum’s identity crisis deepens as inflation returns, analyst warns

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Q3 presented a challenging environment for the crypto market, characterized by low on-chain fees, an increase in Bitcoin dominance, and Ethereum’s struggles with inflation and underperformance. As Ethereum shifts from a deflationary model to an inflationary one, concerns are growing about its role as a cryptocurrency, especially in the context of rising layer 2 solutions […]

DOJ, SEC show ‘strong interest’ in reviving Nvidia’s crypto-related fraud case

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The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have urged the Supreme Court to proceed with the Nvidia securities fraud lawsuit, as outlined in an amicus brief submitted on October 2. U.S. Solicitor General Elizabeth Prelogar and SEC senior lawyer Theodore Weiman emphasized the importance of the case in relation […]

Monero eyes bullish rebound after 5% surge despite regulatory pressure

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Monero is beginning to show signs of recovery, with a 5% gain in the past 24 hours, making it one of the standout performers in the market. As of now, Monero (XMR) is trading at $146.63, boasting a market capitalization of $2.7 billion. This offers some respite to investors following a tumultuous start to October. […]

Pi Network Coin Worth Nothing? Think Again

Pi Network’s KYC process has successfully verified just 12 million of its reported 60 million users. Despite the inflation of Pi’s tokens doubling, a significant portion of coins remains locked, which limits the circulating supply. The network, which is built on Stellar, is progressing slowly but is prioritizing scalability and security in its development. While […]