Category Archives: Blockchain

MEXC Lists XRPL Meme Coin PHNIX

MEXC Lists XRPL Meme Coin PHNIX

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 […]

Hamster Kombat to Launch Layer-2 Network on TON After Airdrop Struggles

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 GMT price soars: Can these gains be sustained?

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’s Price Forms Risky Pattern as Solana Meme Coin Loses Market Share

Popcat's Price Forms Risky Pattern as Solana Meme Coin Loses Market Share

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 Announces First BGB Token Burn, Cutting Supply by 40%

Bitget Announces First BGB Token Burn, Cutting Supply by 40%

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 Launches BNSOL Super Staking with MANTRA Rewards

Binance Launches BNSOL Super Staking with MANTRA Rewards

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 in Trouble? Analysts Warn of Potential Pullback to $60K

Bitcoin in Trouble Analysts Warn of Potential Pullback to $60K

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, […]

The price of BONK drops more than 7% despite the burning of 1.69 trillion tokens—what’s behind the decline?

The price of BONK drops more than 7% despite the burning of 1.69 trillion tokens—what’s behind the decline

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 can speed up by processing 65% of transactions in parallel

Ethereum can speed up by processing 65% of transactions in parallel

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 to Support Optimism Network Upgrade and Hard Fork

Binance to Support Optimism Network Upgrade and Hard Fork

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 […]