The PHNIX meme coin, which was launched on the XRP Ledger (XRPL), has recently achieved a significant milestone by getting listed on its first major centralized cryptocurrency exchange, MEXC. On December 27, the Phoenix team announced this groundbreaking development, marking a historic event for the XRP Ledger and the growing meme coin culture within the […]
Category Archives: Blockchain
Hamster Kombat, a once-popular Telegram-based game, is looking to deepen its blockchain involvement by launching a layer-2 network on The Open Network (TON). This move follows a community vote supporting the creation of a dedicated network to enhance the token’s utility, particularly the HMSTR token. 💫HERE COMES THE BLOCKCHAIN 💫 The vote on the second […]
StepN’s Green Metaverse Token (GMT) experienced a notable surge in price, with a dramatic 50% increase on Friday, reaching an intraday high of $0.2275, its highest level since December 9. This rally made GMT one of the best-performing cryptocurrencies of the day. The surge coincided with a broader market rebound, with Bitcoin and several altcoins […]
Popcat, a meme coin based on Solana, has experienced a dramatic surge of over 4,400% in 2024, but it is now facing a significant downturn. The price of Popcat has dropped by over 62% from its peak, pushing its market capitalization down to $762 million. As a result, Popcat has fallen from being the second-largest […]
Bitget has announced its first BGB token burn, marking a significant update to its tokenomics and reducing the total supply by 40%. The exchange revealed plans to burn 800 million BGB tokens held by the core team, which represents 40% of the total supply, effectively reducing the overall BGB supply to 1.2 billion tokens. The […]
Binance has officially launched the BNSOL Super Staking program, now integrated with MANTRA, offering users enhanced staking rewards while maintaining liquidity on their staked Solana (SOL) tokens. This marks a significant step in providing flexible and attractive financial products for the Binance community. The BNSOL Super Staking program has entered its third phase, and with […]
Bitcoin is facing potential trouble after two weeks of declining prices, with analysts warning that the flagship cryptocurrency might experience a significant pullback, possibly dropping to as low as $60,000. Currently, Bitcoin is trading close to $95,000, but its market cap has fallen to $1.9 trillion, with a 2.5% drop in the last 24 hours, […]
Despite the recent burning of 1.69 trillion BONK tokens as part of the “BURNmas” community event, the price of Solana-based meme coin Bonk (BONK) continued its downward trend, falling over 7%. The token burn event, held on December 26, aimed to reduce the total supply of BONK tokens, theoretically increasing scarcity and driving up its […]
Ethereum could significantly increase its transaction speed by processing nearly 65% of its transactions in parallel, according to a recent study by Sei, a layer-1 blockchain network. Currently, Ethereum processes transactions sequentially, meaning each one must finish before the next one starts. For example, if Bob sends 1 ETH to Alice and then someone else […]
Binance has officially announced its support for the upcoming Optimism network upgrade and hard fork, which is scheduled for January 10, 2025, at 2:00 (UTC+8). As part of this upgrade, Binance will temporarily halt deposits and withdrawals for tokens on the Optimism (OP) network starting from 1:00 (UTC+8) on the same day. The purpose of […]