May 22, 2023
On Saturday, Tornado Cash's DAO was taken over by an attacker, or group of attackers. It's another backlash for the plagued coin mixer which makes privacy for Ethereum holders possible. In an interesting turn of events, a day later the attacker proposed to undo his attack. Never a boring day in crypto!
May 17, 2023
Ripple has been fighting against the SEC in court since December 2020. Some analysts believe that the case could conclude this year, while others argue that each party could try to appeal the court’s decision. Whether the subject is finally settled, all believe the first verdict will provide essential guidance in the US judicial system. Should the SEC lose, then many other crypto projects could be strengthened. Winning the case could mean the SEC could go after many other cryptos.
May 16, 2023
Apple's WWDC 2023 event will kick off on June 5. Rumors that Apple will present a first look at its AR/VR headset are doing the rounds. Supposedly looking like a pair of ski goggles, the headset will only arrive on the market at the end of this year. Being crypto investors, let's talk a bit about the potential implications of this for metaverse coins.
May 15, 2023
Today the Bitcoin Cash network will go through a voluntary hard fork to implement an upgrade. One particular part of that upgrade is highly interesting since it introduces tokens on the Bitcoin Cash blockchain. Tokenization has been a topic for several years and it seems that Bitcoin Cash is late for the party. However, Ordinals have proven on Bitcoin that even a late arrival can still unleash a storm and create a billion-dollar market.
May 10, 2023
Ripple opened an office in Dubai's International Financial Center (DIFC). The company behind XRP clearly signals it isn't restricted to its country of origin, the USA. The crypto markets are global and this is a good thing: it prevents any country from choking the industry.
May 05, 2023
As a performance art project and 'partly a joke', visual artist Rhett Dashwood decided to prompt AI chat bot ChatGPT to help him create a meme coin. Only two weeks after his first prompt, the meme coin Turbo Toad Token has a total market cap of more than 50 milion dollars.
May 01, 2023
Meme coins are one of the biggest success stories in crypto. Dogecoin, Shiba Inu, Floki, and many other dog-themed coins have dominated the market for the last three years. Of course, there is also a wide selection of food-themed tokens, such as SUSHI, and the same can be said about cats. It doesn't matter if it's an NFT or an ERC-20 token; meme coins are everywhere. One meme has been missing for a while and entered the ring just two weeks ago.
May 01, 2023
Circle, the creator of stablecoin USDC, has launched a protocol that lets users transfer USDC between Ethereum and Avalanche. It will help increase user-friendliness and remove the risk of bridge hacks.
Apr 29, 2023
You may have noticed: the sudden rebound in the price of Floki Inu (FLOKI) last Monday, April 24. The reason? The cutest of dog coins got listed on Binance US. The attention of the boss among crypto exchanges gives FLOKI extra legitimacy.
Apr 21, 2023
A saying that you hear often in any financial market is: history doesn't repeat but it often rhymes. The patterns of subsequent market cycles are never quite the same but similar. How does the current price action compare to previous bear markets? And what lies behind the price numbers?
Apr 13, 2023
FTX caused not only the biggest drama for crypto in 2022 but arguably the biggest incident in the history of the whole industry. Its founder and CEO awaits his trial in New York and could face more than 100 years in jail if found guilty. In response to the crisis, the market crashed in November 2022 and it took several months for it to recover. Even after such a devastating blow a big surprise has been reportedly revealed during a court hearing.