Shiba Inu (SHIB) recently experienced a sharp increase in burn rate with very few tokens burned. The SHIB Burn tracker shows that over the previous 24 hours, the burn rate of the Shiba Inu increased by 14,267.59%. The increase occurs even though there haven’t been many tokens burned...
Posts published by “Vignesh Karunanidhi”
Layer 2 scaling platform Polygon talks about its experience in the first half of 2022, during which various milestones were achieved, in a recap published on its official blog post. In terms of network expansion, the team claims that as of its April study, there were over 19,000 applications active on the platform (up from…
Cardano’s Twitter and trading volumes have hit 6-month lows. Data from The TIE, a company that resembles Bloomberg Terminal and concentrates on information services for digital assets, shows that Cardano’s popularity on Twitter, a well-known social media network, has fallen to a six-month low. Notably, the interest rate decline coincided with a sharp decline in…
Ethereum mainnet shadow fork 10 is now officially live. Another little but significant step has been made by Ethereum toward the merge, the blockchain’s much-discussed and frequently postponed switch to proof of stake. The 10th shadow fork of Ethereum, which was supposed to go live the day before yesterday...
Dogecoin creator, Shibetoshi Nakamoto called attention to the dramatic increase in the number of transactions on the chain. This was when the statistics unexpectedly reached approximately 70,000 operations in the previous 24 hours The sudden rebound of the bitcoin market occurred after the rise in Doge transaction volume...
Jed McCaleb, the former creator of Ripple Labs, has finally stopped selling off all of his Ripple (XRP) assets after eight years, and now only has 46.7 XRP in his infamous “tacostand” wallet. The former creator of Ripple sent out his final payment of 1.1 million XRP...
In order to cover costs as the crypto market pulls down on trade volumes, Bitstamp is charging inactive clients a charge. The company stated in a blog post on Friday that the new inactivity charge will apply to users who haven’t traded, deposited, or bet on its platform within the last 12 months and had…
Blockchain company Ripple’s development arm, RippleX, recently provided an update saying that its team of engineers is now convinced in the XRP Ledger’s capacity to implement the XLS-20 protocol for non-fungible tokens. Ripple updated its services to enable validators to vote in favor of enacting the aforementioned standard...
Two crypto experts of India were apprehended by the Pune Police’s Cyber Crime Cell, who allegedly drained wallets that were supposedly under investigation by the police. According to local media sources, Pankaj Ghode and Ravindranath Patil, two alleged cyber-crime professionals, may have siphoned off substantial sums of cryptocurrency from a Bitcoin Ponzi scam that took…
In an interview with a Korean media source JTBC, a core Anchor protocol developer, claimed that it was originally supposed to offer a 3.6 percent interest rate but that it was increased to 20% just a week before its introduction to attract more investors. Mr. B stated that the platform was only designed to deliver a 3.6 percent…