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Showing posts with the label chain

PepeCoin Outperforms Pepe In 24 Hours, Upgraded Version Pepe Unchained Nears $4M In Presale

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While Pepe-themed coins vie for dominance, their ultimate version, Pepe Un chain ed ($PEPU), remains in its bacta tank, soaking up investment dollars to bring it tantalizingly close to the $4 million mark as it readies to be unleashed. This meme coin, which has the same Pepe flavor but faster and far cheaper transactions thanks to its own Layer 2 chain on Ethereum, is taking PepeCoin ($PEPECOIN), Pepe ($PEPE), or any other frog-faced coin purporting affiliation with Pepe head-on. Currently available at its presale price of $0.0084598 per token, $PEPU will rise to $0.00849370 in less than 8 hours as it continues to shatter its presale stages effortlessly. For an investor with a robust crypto portfolio that includes meme coins, now could be the perfect moment to swap out all Pepe variants for the superior choice – Pepe Un chain ed. Meme Coin Mania Becomes Pepe Mania $PEPECOIN has seen a huge spike in the last 24 hours, beating out $PEPE with a...

Polkadot to change parachain auctions, investors exploring DigiToads’ potential

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The expansive approach taken by central banks in printing money has led to increased interest in cryptocurrencies among affluent individuals. Currency has evolved from ancient gold coins to modern debit, credit systems, and digital assets. The crypto landscape has witnessed significant growth and development, and early investors could benefit from this global shift.  Polkadot (DOT) is transitioning from a chain-based to a space-based model for its parachain auctions, and the enthusiasm around DigiToads (TOADS) demonstrates growing investor receptiveness to emerging crypto opportunities. DigiToads and defi DigiToads aims to achieve an ambitious goal: revolutionizing the decentralized finance (defi) earning experience.  The over $6.8 million raised in its presale reflects investor confidence in its potential . Favorable market conditions and a renewed focus on Ethereum have directed value toward ERC-20 tokens and emerging defi projects.  DigiToads has an ecosystem that can off...

Multichain protocol Faces Major Exploit With $130 Million Ouitflows

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As per reports, multi-chain assets worth a staggering $125 million residing on the cross-chain protocol Multichain outflowed several different wallets. The Fantom bridge seems to face the biggest exploit of $122 million with its entire holdings in wBTC, USDC, USDT, and other altcoins moving out. advertisement Soon after, the Multichain Protocol announced that they are investigating the matter. Through its official Twitter handle, it noted: The lockup assets on the Multichain MPC address have been moved to an unknown address abnormally. The team is not sure what happened and is currently investigating. It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain . Multichain has been facing difficulties for more than a month due to technical issues and the absence of its CEO. Concerns arose on crypto Twitter when three unexplained outflows occurred from Multichain’s Fantom, Moonriver,...

Bitcoin hash rates threaten blockchain decentralization

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The blockchain industry is facing a massive power imbalance — just like the traditional finance industry. Blockchain technology was introduced in 2008 as a decentralized, secure, transparent system for managing digital transactions. Its primary aim was to provide a solution to major problems with traditional transactional systems, including trust, security, decentralization and efficiency. Blockchain has since expanded beyond finance and has been used in supply chain management, healthcare, games, digital media and social media, among others.  However, the blockchain industry is still facing significant challenges — such as a lack of diversity, wealth control by a few holders, hash rate problems and a loss of the promise of decentralization. Hash rate and why it’s a problem The cryptocurrency on everyone’s mind — and in the digital wallets of more than 400 million people around the world — is Bitcoin (BTC). Bitcoin’s hash rate is the computing power required to validate transactions ...

PBW 2023 explores the current state of the blockchain space

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Circle’s chief strategy officer Dante Disparte said at a Paris Blockchain Week panel that while the chain is currently not strong, people are continuing to build and develop. A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference.  Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head of strategy at Nasdaq Digital Assets; Rich Widmann, the head of strategy for Web3 at Google; Dante Disparte, the chief strategy officer and head of global policy at Circle; and Denelle Dixon, the CEO of Stellar Development Foundation. The panelists discussed various topics and gave their insights on the current state of the Web3 space, from sharing their company’s current focus to giving their predictions on how 2023 wo...

Putting carbon credits on blockchain won’t solve the problem alone: Davos

Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion in Davos, Switzerland about pricing carbon credits. Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the COO of carbon block chain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to get involved, but said that many still don’t understand it. She recalled talking to a sustainability manager of a “big, big company” who told her he doesn’t know what a carbon credit is or “how it works” but is being pressured by his market...