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HodlX Guest Post  Submit Your Post   The dynamic cryptocurrency market continuously churns out new trends (organic and not-so-organic), with the recent surge of celebrity-backed meme coins being a prime example. Most avid users of digital wallets witnessed the initial excitement surrounding these tokens, like JENNER, RICH and BANDO. Fueled by the meme coin craze and celebrity endorsements, these...
A widely followed crypto analyst believes one top-10 altcoin by market capitalization could soon hit new all-time highs (ATHs). Pseudonymous crypto trader Altcoin Sherpa tells his 216,700 followers on the social media platform X that BNB, the native token of the BNB Chain, continues to have a strong market structure. “BNB: slow and steady wins the race. This thing goes to ATH shortly. Wish I...
Coinbase, the largest crypto exchange in the US, has announced the launch of its new smart wallet platform. In a blog post, Coinbase says the launch will kick off the next chapter in the firm’s Coinbase Wallet product by “revolutionizing the on-chain experience” by getting rid of network fees and recovery phrases. Says Coinbase, “Smart wallets offer a streamlined, gasless on-chain experience....
Ethereum’s (ETH) complexity brings Solana’s (SOL) mission into focus, according to Anatoly Yakovenko. The Solana co-founder says in a new interview on Bankless that his mission is simply building a hyperfast chain. [1:49:29] “Yeah, network effects, TVL (total value locked), all these things could matter, but it’s not hard. It’s not something that I can bet my work on, that I would want to bet my...
The Chair of the U.S. Securities and Exchange Commission (SEC) says that crypto exchanges are doing what the New York Stock Exchange (NYSE) would never be allowed to do. In a new interview on CNBC’s Squawk Box, SEC Chair Gary Gensler says that crypto exchange platforms are not giving investors the proper disclosures required by the law and could be trading against consumers. “Right now, without...
June 5, 2024 – Tortola, British Virgin Islands Nibiru EVM execution boasts blazing-fast transaction speeds, scalability and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web 3.0. Overcoming Ethereum’s scalability hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance EVM (Ethereum...
The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times, Bill Guan, with one count of conspiring to commit money laundering and two counts of bank fraud. According to the USAO-SDNY, Guan entered into a transnational conspiracy with others that included the media outlet’s foreign-based “Make Money Online” (MMO) team to...
Ethereum (ETH) co-founder Vitalik Buterin is calling out the celebrity memecoin trend, saying that digital assets need other use cases than simply enriching founders and early adopters. In a new thread on the social media platform X, Vitalik Buterin tells his 5.3 million followers that he’s unhappy with this cycle’s trend of celebrities experimenting with meme assets. Buterin references Stoner...
June 4, 2024 – Singapore, Singapore DePIN (decentralized physical infrastructure network) Io.net has hosted its keynote at IO Summit. The event, which was live-streamed on June 4, 2024, covered the project’s recent milestones and addressed forthcoming development plans. Ahmad Shadid, CEO and founder of Io.net, was joined by his leadership team to present the data-rich keynote. The 40-minute...
A deep-pocketed entity who made $120 million on Shiba Inu (SHIB) is suddenly accumulating the memecoin again, according to on-chain data. The blockchain tracking firm Lookonchain reports that “a SHIB super big winner” just spent 4,849 Ethereum (ETH), worth $18.44 million at the time, to buy 715.9 billion SHIB. Says Lookonchain, “This guy spent only ~$400K to buy 5.5 trillion SHIB in the early...