Author: Adam Stern

In the tumultuous world of cryptocurrencies, meme coins often grab the spotlight, and PEPE was no exception. This whimsical digital asset, inspired by the popular Pepe the Frog meme, turned heads and made millionaires overnight. However, the recent departure of its development team has thrown PEPE into a tailspin. This article delves into the rise, fall, and emergence of a new project called FINE. PEPE token project falls and ceases existence PEPE’s Meteoric Rise PEPE, the meme coin, captured the imagination of crypto enthusiasts worldwide with its quirky branding and audacious promises. At its peak, PEPE’s price soared to astronomical…

According to a recent report by Chainalysis, the volume of crypto transactions in Nigeria grew by an impressive 9% year-over-year, reaching a staggering $56.7 billion between July 2022 and June 2023. This significant growth is even more noteworthy when considering the country’s turbulent economic landscape. Read also: Binance Japan’s Token Listing: Gateway to Web3? Understanding the Drivers: Naira Devaluation Naira, the official currency in Nigeria One key factor contributing to Nigeria’s crypto boom is the devaluation of the Naira in 2022. As the Naira lost value, many Nigerians turned to cryptocurrencies to hedge against inflation and depreciation. Crypto assets, with…

Twitter (X) celebrates the upcoming change In the ever-evolving world of cryptocurrencies, new projects are constantly emerging, each vying for a place in the digital financial landscape. Crypto Tex (CTEX) is one such project that has been making waves in the crypto community. As it prepares to launch its token on multiple prominent cryptocurrency exchanges on September 25, 2023, Crypto Tex is setting its sights on becoming a significant player in the global payment revolution. A Promising Debut Crypto Tex’s debut wii be on leading cryptocurrency exchanges September 25, 2023, marks a pivotal moment for Crypto Tex as it prepares…

Citi office Citigroup, a prominent player in the world of banking, has embarked on a pioneering journey to revolutionize cash management and trade finance for institutional clients. By introducing Citi Token Services, this banking giant is leveraging blockchain technology and smart contracts to reshape traditional financial processes, promising increased efficiency and reduced bureaucracy. An X (Twitter) post about Citi Token Services Enhancing Efficiency through Tokenization Citi Token Services represents a significant departure from conventional banking practices. By tokenizing cash management and trade finance, Citigroup aims to expedite and simplify processes that have historically been plagued by lengthy paperwork and manual…

Ethereum Ethereum, the blockchain giant known for its innovation and seamless upgrades, recently faced an unexpected hurdle in the launch of its Holesky testnet. While Ethereum has been celebrated for its ability to implement crucial upgrades smoothly, this episode serves as a reminder that even the most robust networks can encounter occasional setbacks. The post on Twitter (X) about this incident Genesis File Misconfiguration The setback in the Holesky testnet launch was attributed to a misconfiguration in one of the crucial genesis files that underpin the network’s infrastructure. Ethereum core developers, responsible for maintaining the network’s integrity and stability, identified…

Binance faces yet another challenge While intensifying regulatory scrutiny and mounting challenges, Binance.US, the American arm of the global cryptocurrency exchange Binance, has recently bid farewell to two of its high-level executives. The departure of Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya has sent shockwaves through the crypto community. A Double Blow: Krishna Juvvadi and Sidney Majalya Exit Krishna Juvvadi, who joined Binance.US in May of the previous year, and Sidney Majalya, appointed in December 2021, have both decided to part ways with the company. Their resignations come hot on the heels of the departure of…

BNB Chain presents its Layer 2 network opBNB network, a Layer 2 solution built on the OP Stack, has officially gone live. This momentous occasion comes after an exhaustive period of testing, during which no major bugs were encountered, showcasing this cutting-edge network’s remarkable reliability and potential. Coinhackz news will explain the whole path to this success.  The Road to opBNB’s Launch The journey to opBNB’s launch has been marked by meticulous testing and a commitment to excellence. BNB Chain developers left no stone unturned in ensuring the network’s readiness for the real-world demands of decentralized applications and transactions. A…

David Marcus proposes an ambitious vision for the Bitcoin network In a recent CNBC interview, former PayPal President David Marcus stirred the cryptocurrency community by proposing an ambitious vision for Bitcoin. While acknowledging Bitcoin’s remarkable journey from a niche digital currency to a recognized value store, Marcus believes its utility could extend far beyond this role. He envisions Bitcoin as a global payment network operating on its decentralized infrastructure. Let’s delve into Marcus’s perspective and the potential implications of such a transformation. Bitcoin’s Evolution: From Obscurity to a Store of Value David Marcus highlights that Bitcoin has undergone a remarkable…

Ripple has already acquired Fortress Trust In a strategic move aimed at solidifying its position in the ever-evolving blockchain landscape, Ripple, a prominent player in the cryptocurrency world, has recently acquired Fortress Trust. This acquisition comes as Ripple expands its footprint within the blockchain ecosystem, further underscoring the company’s commitment to providing comprehensive blockchain solutions. Fortress Trust: A Brief Overview Fortress Trust, a chartered trust company, specializes in providing financial and regulatory infrastructure services tailored to the unique needs of blockchain companies. The company was founded by Scott Purcell, an industry veteran with a deep-rooted history in the blockchain space.…

Binance has already finished integration of ETH on zkSync The cryptocurrency world is known for its relentless evolution, and once again, Binance has made a significant move that’s generating buzz. Binance has announced the successful integration of Ethereum (ETH) on the zkSync Era network, accompanied by opening deposits and withdrawals for Ethereum tokens on this platform. While this news may seem like another step towards progress in the crypto sphere, a closer look reveals several aspects that warrant a critical examination. zkSync Era Integration: A Leap Forward zkSync was the missing link to the massive adoption of ETH The integration…