Author: bitcrypto.io

Coinbase Exec Says: “They Are Going To Be One Of The Biggest Drivers”: Dogecoin, Shiba Inu And Other Memecoins Fueling Mass Adoption Of Base’s L2 Network. In a recent development, Jesse Pollak, the creator of Base of Coinbase, has attributed the burgeoning adoption of the layer-2 network, backed by Coinbase, to the rise of memecoins which includes Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), Dogwifwhat (CRYPTO: WIF) among others. This has led to a substantial influx of users into the Base ecosystem. What Happened: Pollak, in a recent video on social media platform X, emphasized the influence of memecoins in…

Why are projects choosing FlokiFi Locker to secure their digital assets? FlokiFi Locker, Floki’s crypto locker protocol is gaining serious traction. With a growing number of projects entrusting it to safeguard their liquidity and other assets, its current TVL boasts an impressive $142 million+. Let’s break it down: 1️⃣ Almost Infinite Period of Time FlokiFi Locker lets users lock tokens for a practically infinite period of time; you can lock for 420 years (for the culture!) or for tens of thousands of years just to make a statement that your LP tokens will be inaccessible for as long as humans…

Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively. However, PEPE, a leading Ethereum-based memecoin is emerging as one of the best performers among the top 100 coins by market capitalization. Over the past 24 hours, PEPE’s price has spiked from $0.00000572 to its current value of $0.000006793, marking a remarkable 10.25% surge. In the past seven days, it has seen an impressive 35% jump. The recent surge in price follows the announcement by Coinbase International, the global arm of the largest U.S. crypto exchange, regarding the listing of PEPE perpetual contracts. This move is…

Manchester City and sleeve sponsor OKX have launched an NFT campaign. “Unseen City shirts” features club shirts redesigned as digital collectables that fans can mint for free on the OKX app in exchange for a limited number of prizes. The first shirt is released today (22 April). Called “The roses and the bees”, it has been designed by artist Christian Jeffery as a homage to Manchester by combining emblems of the Lancashire rose and the Manchester worker bee. A second shirt will drop on 29 April. Fans have until 25 April to mint the digital collectibles. Each NFT minted will…

In the last couple of months Web3 gaming experienced a surge in investor interest and development. It is not a coincidence that the industry’s recent growth happened around the same time as Bitcoin halving. Bitcoin Halving recently happened on the 19th April. As a result of this, the reward per block was reduced to 3.125 BTC from 6.25 BTC. Halving happens every 4 years, which means that the next halving is scheduled in 2028. But why is halving so important? The reason why halving holds high importance is that it reduces the supply of Bitcoin in the market. Theoretically, this…

The TokenFi Launchpad: A Successful Debut The TokenFi Launchpad had a successful launch across six major EVM blockchains, and it is already being used by projects for token event sales, with more major projects in the pipeline. The protocol is currently live on the $ETH, $BNB, Base, Arbitrum, Blast, and opBNB chains, with plans to expand to other major EVM blockchains. Powered by $TOKEN, it allows users to easily raise funds for their tokens in a decentralized and user-friendly way. Several projects have already completed successful token event sales through the Launchpad. For example: How does this benefit $TOKEN? TOKEN…

Lucie, Shiba Inu’s marketing chief, recently sparked a surge in interest for the SHIB cryptocurrency in India with a strategic post on X, promoting the #BridgeToShibarium trend. This movement highlights Shiba Inu’s expanding influence in India’s bustling crypto market. Shibarium Trend Captivates Indian Market, Shiba Inu’s Marketing Efforts Gain Momentum To instill market optimism in Shiba Inu, its marketing head, Lucie, recently posted on X, highlighting a strong trend for the dog-based meme cryptocurrency in India. The marketing lead’s post on April 20 brought attention to Shibarium bridging, which has surfaced in India’s top-trending section on X. This piqued the…

The Chinese Embassy in Angola has reminded its nationals on Angola’s recent prohibition of all crypto mining activities. The authority issued firm warning, emphasizing severe penalties to those who violate the law. The Angolan parliament passed a bill early this year on the “Prohibition of Cryptocurrency and Other Virtual Asset Mining,” which became effective on April 10. Under this law, any form of crypto mining is termed as a ‘criminal’ offence. As for the legal consequences, possession of information or any crypto mining-related equipment will lead to 1-5 years in jail. Additionally, the Chinese Embassy note, read that the government…

Meme coins have been at the forefront of the 2024 bull run, with many rising by double-three-four digits in the last few months. But this trend changed in mid-March when the crypto market stopped working, and many pulled back sharply. There seems to be another change on the horizon, this time in a more positive way, as the four best-performing assets of the top 100 alt today come from the meme coin realm. Bitcoin has reached $ 65,000, while the larger-capitalized alt has risen by about 6-7% However, Shiba Inu emerged as the top performer of the capitalized subs, rising…

Tether’s USDT stablecoin goes live on TON blockchain, further solidifying the connection between Tether and Telegram’s Web3 ecosystem. Alongside USDT, Tether Gold (XAUT) is also making its debut on the TON blockchain. The announcement was made on April 19 during the Token2049 event in Dubai, where Tether CEO Paolo Ardoino and Telegram founder Pavel Durov delivered keynote speeches. This move signals Tether’s commitment to an open, decentralized internet and a global financial system, shared by both TON and Tether. In addition to the USDT and XAUT launch, Tether revealed a restructuring plan, introducing four new business divisions: Tether Data, Tether…