Token Launchpad Pump.Fun Overtakes Ethereum Blockchain With $2M in Daily Revenue to Take No. 1 Position

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…

Ironblocks’ ‘Venn’ Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains

Venn is the latest attempt to address crypto’s ever-present crime problem. In any given week, projects big and small lose six-figure sums or more to fraud, theft, economic attacks and other costly capers that drain their customers’ crypto. All these transactions happen on the blockchain, where they’re irreversible; there’s no rewind button to move stolen money back into a victim account. Source

Burn Rate Surges 16,854%, Trading Volume Rises 170%

Shiba Inu (SHIB) has begun July on a positive note, with several on-chain metrics painting a bullish signal for the second-largest meme coin by market cap. These bullish developments could provide the much-needed turnaround for the meme coin, which had a June to forget.  SHIB’s Burn Rate Surges By 16,854% Data from the burn tracking website Shibburn shows that Shiba Inu’s burn rate spiked by over 16,854% in the last 24 hours, with over 300 million Shiba Inu tokens burned during this period. This is massive for the meme coin,…

Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

CoinDesk 20 Performance Update: ADA and XRP Lead

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While BTC faced considerable fluctuations in June, bitcoins from long-inactive wallets transacted […] Original