Moreover, crypto transactions’ instantaneity and finality have meant that they lack many of the protections people are used to from most other online consumer services. Sending an NFT to someone else is like sending an email— as soon as the computer system has processed the transfer, it’s irreversible. This means if you type an address incorrectly, a digital asset could go to the wrong person, or even just be lost in the pipes of the network. Conversely, hacking or account compromise can lead to irreversible loss. (In late 2021, Bored…
Tag: Token
Crypto Exchange OKX’s Token OKB Suffers 50% Flash Crash Amid Liquidation Cascade
Flash crashes are common in crypto markets as thin liquidity is often distributed across multiple venues. Two percent market depth, which measures the amount of capital required to move an asset by 2%, is between $224,000 and $184,000 for OKB, meaning that a sell order of more than $224,000 could cascade price again. Source
Manta Network Hit by DDoS Attack Day After Issuing MANTA Token Issuance
Manta is the latest in a rising cohort of new blockchains that offer faster transactions at lower costs than popular networks, such as Ethereum. These newer networks are usually backed by prominent funds and extensively market their blockchain in crypto circles on X and other social media platforms, hoping to capture market share and fees, which bolsters the value of their tokens. Source
Celestia’s Native Token TIA Crosses $20, Reaches New All-Time High
Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just crossed the $20 mark, which…
What Is the ERC-7265 Token Standard?
Decentralized finance (DeFi) has grown significantly and has become an integral part of the global crypto markets. However, its continued growth heavily depends on how secure the technology is against attacks. According to data from DefiLlama, over $5 billion in the total value of assets has been lost in DeFi protocols to date. To remedy this situation, the Ethereum community has come up with a new token standard called ERC-7265. Source
Blockchain Brawlers reports 309% gains as a top trending token
Ethereum ecosystem cryptocurrencies continue to lead, with Blockchain Brawlers outperforming their 12.7% increase, according to CoinGecko data. Blockchain Brawlers (BRWL), a web3 fighting game, tops the Jan. 10 trending report, exceeding its record all-time low of $0.001593 seven months earlier by 939%. The current market capitalization of BRWL stands at $21 million, securing position 1,003 on CoinGecko at the time of writing. Blockchain Brawlers price chart | Source: CoinGecko Delving further into its price performance, Blockchain Brawlers has exhibited a substantial increase of 427% over the past week. This growth…
Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst
The Shiba Inu (SHIB) price could be primed for a significant surge if a recent rumor is anything to go by. This will provide a much-needed relief for the meme coin, which has been on a nose dive as of late. A Record-Shattering Shiba Inu Burn On The Way? In a now-already deleted X (formerly Twitter) post, Shiba Inu’s team member Ragnar mentioned that the 9.25 trillion SHIB tokens could end up being burned this month. Although it is unclear why Ragnar deleted the post, it could well have been…
PEPE, BONK fall, investors watching Sponge token
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins have struggled over the last 24 hours with PEPE and BONK sliding by 2.51% and 5.2%, respectively. However, traders are backing Sponge V2 to rally as its buy-and-stake campaign rises to $1.9 million. Pepe and Bonk dropping A flash crash in the market caused crypto prices across the board to plunge. However, leading meme coins were among the worst affected, with PEPE and Bonk dropping by double…
Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor
Staking TIA on native platforms is yielding between 15% to 17%, minus fees, to users, boosting demand for the cryptocurrency. Source
Crypto doesn’t need a blockchain or token, Tether CEO says
In 2024, the crypto industry needs to provide users with “real-world use cases and applications” that are not necessarily based on a token or blockchain, according to Tether CEO Paolo Ardoino. “Crypto doesn’t need a blockchain. It doesn’t need a token,” he told Cointelegraph in an exclusive interview. Ardoino argued that the next crypto killer app should be focused on the fundamental value proposition offered by cryptography, which consists of peer-to-peer transactions and privacy protections. “It could be a booking system or an Uber competitor,” Ardoino explained. According to the…