Coinbase launches cbBTC, a wrapped Bitcoin token

Coinbase is rolling out cbBTC — Coinbase Wrapped BTC — an ERC20 token backed 1:1 by Bitcoin, which Coinbase holds. According to a press release shared with crypto.news, the cbBTC token is now available on Base and Ethereum (ETH). Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on Ethereum or other blockchains, giving BTC holders access to DeFi applications. Coinbase’s cbBTC is the latest addition to the wrapped asset category, following the likes of WBTC (WBTC).  In August, Coinbase posted a cryptic tweet about a new wrapped…

Failed Solana Token Scam? Hacker Targets 2.6M Cricket Fans

Este artículo también está disponible en español. On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar efforts to publicize the memecoin. Related Reading Crypto Hackers’ New Promotional Method Delhi Capitals, a team from the Indian Premier League (IPL), recently suffered a social media security breach. Hackers took control of the cricket team’s X account on Tuesday, targeting their 2.6 million followers. The…

Play 2 Date (P2D) Meme Coin GoodEgg Overshadows FET Token After presale Rallies 187%, Priced at $0.00015

Este artículo también está disponible en español. In the ever-evolving crypto landscape, GoodEgg (GEGG) has quickly risen to prominence, particularly after an impressive presale rally that saw a 187% surge. Priced at just $0.00015, GoodEgg is now overshadowing established tokens like Artificial Superintelligence Alliance (FET), signaling a shift in investor interest towards more innovative and engaging projects. GoodEgg’s ‘Play to Date’ Concept Captures Attention The ‘Play to Date’ model introduced by GoodEgg has captivated crypto enthusiasts and investors alike. Combining social interaction with the viral appeal of meme coins, GoodEgg offers a unique…

Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots

As a result of the “Great Chain Divide,” as Osmosis calls it, DeFi platforms generally operate in their own little universes, each with its own stockpiles of assets for users to buy and sell. Because these stockpiles tend to live on different blockchains, serious crypto trading generally requires one to download and keep track of a myriad of different wallet tools – a huge pain for users. Source

3 Reason’s You Must Hold These Gaming Token BinaryX BNX and Mpeppe Casino

Este artículo también está disponible en español. The cryptocurrency market is constantly evolving, and gaming tokens are quickly rising to the top of investors’ portfolios. Two gaming tokens that have attracted significant attention recently are BinaryX (BNX) and Mpeppe (MPEPE) Casino. While the broader market has faced challenges, these two tokens have continued to show resilience, thanks to their strong fundamentals and growth potential within the GameFi space. In this article, we’ll explore why holding BNX and Mpeppe Casino could be a smart decision for investors looking for long-term gains.…

Sui token forms a bullish pattern, nears a pivotal price

Sui, the so-called ‘Solana killer,’ has done well in the past few weeks, making it one of the best-performing tokens in the industry. The native currency of the Sui (SUI) Network ecosystem has risen in the past four consecutive days. It was trading at $0.9820, its highest swing since Aug. 27, and jumped by over 100% from its lowest point in August. Bitcoin (BTC) is up by 10% in the same period.  Sui’s recovery has happened in a high-volume environment. Data by CoinGecko shows that the coin’s volume in the…

Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review

Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop. Meanwhile, China and Russia’s payment flows are under strain due to new sanctions targeting Chinese firms aiding Russia’s war effort. India’s HDFC Bank introduced enhanced […] Source CryptoX Portal