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Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than
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Other parts of the ecosystem quickly moved to bolster their defenses. At 11:36 p.m. EST, Metaplex, the key steward of Solana NFT infrastructure and one closely intertwined with Candy Machine, tweeted it would soon deploy a 0.01 SOL “botting penalty” to help NFT projects stanch excessive traffic. Source
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The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns The Idaho Department of Finance announced Wednesday “a series of fraudulentcryptocurrency schemes seen recently targeting
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Bitcoin isn’t the king of cryptocurrency for nothing. Most major cryptocurrencies have dipped incredibly low on Saturday, and that includes Bitcoin (BTC) but it doesn’t seem to budge. Bitcoin was trading at $39,510 late Friday, down 4%, based on charts by Coingecko, which signals dangerous waters in trading. Traders have incurred
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On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly On February 22, a SHIB team member named
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“The texts of the European Parliament and the Council converge to a great extent on the framework applicable” to the large-scale currency tokens that are most heavily regulated by the new law, said a document seen by CryptoX, prepared by French officials ahead of that meeting. Source
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The ApeCoin token airdropped to Bored Ape NFT owners is off to a rough start, falling from $39.40 to as low as $6.48. Source
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Prices of TreasureDAO’s native MAGIC token recovered after falling some 40% in early Asian hours following positive developments. Source
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Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours. Investors bulk up Bitcoin holdingsThe number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51
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Global markets faltered as Russia ordered a military operation into Ukraine’s Donbas region, causing a drastic drop in crypto markets. Original Source
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