As the crypto market gains momentum in 2024, investors are closely monitoring the potential growth of Cardano (ADA), Chainlink (LINK), and KangaMoon (KANG). These cryptocurrencies have shown promising signs and are attracting the attention of analysts and investors alike.
In a recent development, Ripple co-founder confirmed a staggering theft of $113 million worth of XRP. On-chain sleuth ZachXBT discovered that approximately 213 million XRP tokens were transferred to centralized exchanges through multiple addresses, indicating a significant hack on the Ripple network. This incident has led to a 5% decline in the value of XRP.
Discover how the growing popularity of cryptocurrency mining and artificial intelligence is projected to double the global electricity demand in the next three years. With AI and cryptocurrencies already accounting for nearly 2% of the world’s electricity consumption in 2022, this article explores the challenges and implications of meeting this surging energy need.
While XRP and Cardano face downward pressure, Borroe Finance is experiencing a significant uptrend during its presale period.
Discover how Solana is challenging Ethereum’s stablecoin dominance and learn about the success of Rebel Satoshi’s presale, which has raised over $1.5 million.
The transaction volume on the Solana network reached a multi-year high in January, surpassing $1 trillion. This represents a 30% increase from December 2023, where transaction volume stood at $738.8 billion. The Solana network has witnessed a significant surge in online transaction volume, marking a new record high since September.
THORChain developers have proposed a community initiative to enhance lending activity by burning approximately $300 million worth of RUNE tokens. The proposal, published on Jan. 30, suggests the burning of 60 million RUNE tokens, which would significantly contribute to scaling lending operations and fostering community growth.
The Bank of England (BoE) and the Treasury have proposed a privacy-focused approach to the potential digital pound, drawing significant attention. Their response to the 2023 consultation highlights a robust framework to ensure privacy concerns are addressed.
Robert Kiyosaki, the renowned author of the best-selling book ‘Rich Dad Poor Dad’, is gaining attention for his strong endorsement of Bitcoin (BTC) as a crucial defense mechanism against the gradual erosion of wealth facilitated by institutions such as the Federal Reserve.
Pyth Network, Chainlink, and Render have emerged as the top three gainers on Jan. 31, with Pyth Network experiencing an 8% surge to $0.44. Pyth Network is a real-time market data provider for crypto and financial derivatives.
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