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Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
A Based week: Looking back at the first 7 days of Onchain Summer
17.8.2023
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well
Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps
14.8.2023
In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent transaction outputs (UTXOs) remaining from...
Coinbase app is ‘broken’ for UX, admits CEO Brian Armstrong
14.8.2023
Brian Armstrong said the next two weeks will see a series of rapid updates on the biggest pain points for Coinbase app users
Mysterious Crypto Trader Burns Over $4.6 Million in Ethereum and Premium NFTs
11.8.2023
In the latest wave of onchain mystery, enthusiasts of the crypto world have been abuzz with talks about an enigmatic address that has been annihilating millions of dollars in crypto assets, as well as blue chip non-fungible tokens (NFTs). Specifically, on July 26, 2023, this very wallet sent 2,500...
Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies
10.8.2023
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data, Cryptoquant has questioned the authenticity of...
Coca-Cola and Top DAOs Join Coinbase's 'Onchain Summer' Web3 Festival for Base Launch
10.8.2023
Crypto exchange Coinbase has kicked off the multi-week Onchain Summer event to celebrate the launch of its much-anticipated Layer 2 network Base.
The crypto giant said that each week in the series will bring new activations across Web3, including art, music, culture, and gaming.
Companies...
Coca-Cola and Friends With Benefits Headline Base’s ‘Onchain Summer’ Web3 Festival
9.8.2023
Coinbase’s layer 2 network is celebrating its launch with Onchain Summer, a multi-week series of Web3 activations across art, gaming and music
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Shiba Inu lead developer queries Coinbase's 'Onchain Summer' campaign
4.8.2023
Kusama responded to Coinbase’s CEO, Brian Armstrong's update with the statement, "If it isn't a shadowcat, it's a copycat."
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
1.8.2023
Three key Bitcoin price indicators explain why BTC price continues to fall toward new lows
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings
22.7.2023
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades...
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
19.7.2023
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks...
MultiversX launches on-chain two-factor authentication standard
14.7.2023
Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity
11.7.2023
BTC price soared on investors’ ETF hopes, but on-chain and derivatives metrics indicate a limited inflow of new investors
Bitcoin Blockchain Clears Over 187,000 Unconfirmed Transactions Since Last Week
5.7.2023
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in onchain fees within the same period. Bitcoin Fees...
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
5.7.2023
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced...
Bitcoin’s Average Transfer Fee Surged 92% in 4 Days With More Than 330,000 Unconfirmed Transactions in the Backlog
22.6.2023
With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain is 0.00012 BTC or $3.54 per transaction. Moreover, since June 18, 2023, average fees on the Bitcoin blockchain have increased by more...