Cryptocurrency Analysis and News Portal
Loopring runs on the Ethereum network, specifically on “layer 2″ zero knowledge rollups (zkRollups). Layer 2, or “L2,” refers to a secondary protocol that builds on top of an existing system, in this case, on top of Ethereum. ZkRollups allow blockchains to validate transactions faster whilst ensuring that gas fees
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GameStop (GME) is assembling a team of blockchain and NFT experts to work on the firm’s upcoming NFT platform. The firm’s GME stock is a cult favorite amongst retail traders as a result of the r/wallstreetbets and Robinhood saga earlier this year. On Reddit the r/Superstonk community boasts 659,000 members,
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GameStop is looking to build an Ethereum-based Web3 arm, according to a job listing posted by the company nine hours ago.The retailer said it’s looking for someone with “experience with Ethereum, NFTs [non-fungible tokens], and blockchain based gaming platforms” for its “Head of Web3 Gaming” role.The job post outlines a
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After making unwanted headlines with its disappointing IPO debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in recent days. In an ironic twist that saw the price of HOOD stocks soar by as much as 82% in one day, the app
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Every significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We can also see that these are individual
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While Elon Musk has a history of influencing the stock market, his record in helping to pump the price of digital currencies such as Dogecoin (DOGE) cannot go unnoticed.David Einhorn has accused Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), and venture capitalist Chamath Palihapitiya of adding the real
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The first meme-coin was born in 2013: Dogecoin (DOGE). This cryptocurrency is kind of an homage to the known meme Doge, which origins go as back as 2005. Then, years later, Jackson Palmer, a marketer for Adobe Systems, bought the Dogecoin.com domain for fun. He started like that what it
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GameStock (GME) stock has started its way higher again, gaining over 100% yesterday.GameStop Corp (NYSE: GME) saw its share price surging by 103% on Wednesday as investors reacted positively to the resignation of the financial chief officer of the company. The shares also took another 83% surge in the after-hours
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U.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit and Robinhood about their roles in the GameStop frenzy at a congressional hearing later this week. But some have another concern: whether China is involved. Several Republican lawmakers on the House Financial Services Committee
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Robinhood’s users blamed the brokerage for suspending the trading of GameStop stock and other securities last month, amid a buying frenzy kick-started by retail traders on a Reddit forum. But Robinhood may not have had a choice. Robinhood, after all, is just one player in a public securities market that has
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