Time and money are largely interchangeable terms. - Winston S. Churchill

Finance

"Half of Solana Ecosystem Presales Found to Be Scams, According to Blockaid Study"

"Half of Solana Ecosystem Presales Found to Be Scams, According to Blockaid Study"

In a revealing study published by Blockaid, approximately 50% of presales within the Solana ecosystem, spanning from November 2023 through February 2024, have been identified as fraudulent. This information, shedding light on the darker underbelly of the blockchain world, comes amidst an exponential increase in the number of tokens and

Base Network's TPS Climbs to 400 Amid Scrutiny and Comparison with Solana

Base Network's TPS Climbs to 400 Amid Scrutiny and Comparison with Solana

In a significant development within the blockchain sphere, Jesse Polak, the lead developer of the Base network, has announced a remarkable increase in the network's transactions per second (TPS) to 400. This update, communicated on April 9, 2024, places Base on par with Solana, known for its high TPS rates,

Genesis Acquires 32,041 BTC After Selling GBTC Shares

Genesis Acquires 32,041 BTC After Selling GBTC Shares

In a significant move in the cryptocurrency world, Genesis, the beleaguered trading company, has finalized the sale of over 35 million shares of the Grayscale Bitcoin Trust (GBTC). This sale marks a pivotal moment for Genesis Global Trading, which recently faced bankruptcy. The sale, detailed in court documents and reported

Texas Meat Producer Embraces Bitcoin as a Reserve Asset: A Bold Move Towards Crypto Payments

Texas Meat Producer Embraces Bitcoin as a Reserve Asset: A Bold Move Towards Crypto Payments

In an innovative shift within the meat production industry, a Texas-based meat manufacturer and supplier has announced its decision to adopt Bitcoin as a reserve asset. This strategic move positions the company at the forefront of embracing digital currencies in a sector traditionally dominated by conventional financial systems. Kansas City

"March Madness: Bitcoin ETFs Triple in Trading Volume Amidst Market Shifts"

"March Madness: Bitcoin ETFs Triple in Trading Volume Amidst Market Shifts"

In March, the trading volume for spot Bitcoin ETFs soared to an impressive $111 billion, marking a near threefold increase from February's figures. This unprecedented surge highlights the dynamic shifts within the cryptocurrency market, notably the redistribution of market share from Grayscale Bitcoin Trust (GBTC) to iShares Bitcoin Trust (IBIT)

$24 Million in SOL Tokens Frozen in Lido Finance Due to Smart Contract Bug: Stakeholders Left in Limbo

$24 Million in SOL Tokens Frozen in Lido Finance Due to Smart Contract Bug: Stakeholders Left in Limbo

In a startling revelation for the cryptocurrency community, a significant glitch within the smart contract of Lido Finance has resulted in the freezing of approximately $24 million worth of Solana (SOL) tokens. This incident has sparked widespread concern among users, who find themselves unable to withdraw their staked assets due

"The $1.5 Billion Miss: A Dogwifhat Developer's Early Sale Misstep"

"The $1.5 Billion Miss: A Dogwifhat Developer's Early Sale Misstep"

In a striking narrative of opportunity and loss within the volatile world of cryptocurrency, a developer from the Dogwifhat team inadvertently missed out on a staggering $1.5 billion in potential profits. This tale unfolds with the developer's decision to sell 350 million WIF tokens for 511 SOL, a transaction

"Dogwifhat Meme Coin Soars to Historic High: A Comprehensive Analysis"

"Dogwifhat Meme Coin Soars to Historic High: A Comprehensive Analysis"

In a remarkable turn of events, the meme coin Dogwifhat has achieved an unprecedented milestone, with its value soaring to a historic high of $4. This new peak surpasses all previous records, propelling the cryptocurrency's market capitalization beyond the $3.5 billion mark. Such an achievement not only underscores the

"Coinbase Wallet Recognized as Securities Dealer: A Deep Dive into the Legal Battle"

"Coinbase Wallet Recognized as Securities Dealer: A Deep Dive into the Legal Battle"

The New York District Court recently handed down a nuanced verdict that has stirred the cryptocurrency community and legal observers alike. In a landmark decision, the court refused to classify the American cryptocurrency exchange, Coinbase, as a broker. However, it did find that the platform was involved in the offering

The Munchables Hack: A $62.5 Million Heist Unraveled

The Munchables Hack: A $62.5 Million Heist Unraveled

In a startling revelation on March 26, 2024, the gaming platform Munchables became the target of a sophisticated hack, leading to a staggering loss of 17,500 ETH, equivalent to $62.5 million. The breach was rooted in the innovative L2 (Layer 2) solution known as Blast, on which Munchables