Cryptocurrency Analysis and News Portal
The crypto world has experienced an increase in Ponzi schemes since 2016 when the market gained mainstream prominence. Many shady investment programs are designed to take advantage of the hype behind cryptocurrency booms to beguile impressionable investors.Ponzi schemes have become rampant in the sector primarily due to the decentralized nature
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MetaSolare is a new Web3 startup for “Music Fi”, “Anime Fi”, and “Game Fi” whose co-founders include DJ Steve Aoki and Masato Matsuura, founder of Japanese Entertainment Company Avex. Today the project made its official launch, releasing details of its upcoming Web3 project, which are available on its official website. The
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As the Cardano Blockchain prepares for the upcoming Vasil hard fork combinator which would be set to go live on the Cardano mainnet in few weeks. The network upgrade would bring unique features like stable coins, greater scalability and throughput on the Cardano blockchain. Cardalonia, The Next Big Metaverse Thing On Cardano? $ADA,
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The low cap alt coin rallied after Energy Web appeared in a BlackRock press release. Original Source
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The move is a textbook rug pull, a scam carried out by developers who launch a working decentralized finance (DeFi) application and carry out social media marketing to popularize it before issuing a token and listing it on a decentralized exchange (DEX). After investors have purchased the tokens in the
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“As we plan to focus on payments and commerce and launch our own high-quality Kujira wallet, we felt that we would have far more flexibility for future integrations if we were able to launch our own native stablecoin,” the announcement said. “We rebuilt Kujira from the ashes of Terra Classic’s
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Klaytn, introduced by messaging app Kakao's blockchain arm Ground X, went live in 2019 and now has "millions of users in Korea," it said. Its KLAY token has over $880 million market cap, CoinGecko data show, making it the 66th largest cryptocurrency. Its governing body at launch included electronics giant
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The crowdfunding service aims to bring DAO tooling to non-crypto savvy agents of change. Source
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Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery is sustainable, considering lackluster deposits and active addresses data.MATIC/USD on FTX. Source: TradingViewAccording to Cointelegraph,
Read MoreThe sophisticated exploit involved attackers passing a malicious governance proposal by exploiting smart contracts. Original Source
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