Zug, Switzerland, October 13th, 2023, Chainwire The Open Network (TON) Foundation has today announced the support of Elliptic, a leading blockchain analysis firm, to provide the network with data intelligence and additional ecosystem security, supporting TON Foundation with its goal of putting crypto in every pocket by building a web3 ecosystem in Telegram. Elliptic will screen all TON wallet addresses and flag those associated with bad actors, helping to prevent the exposure of TON users and projects to these accounts.…

The crypto market is a whirlwind of activity, such as the surge in the prices of Solana and Decentraland. Additionally, InQubeta has been making incredible strides in its presales, raising over $3.5 million to date. In this article, we will delve into the driving factors behind the uptrend of these top altcoins, Solana and Decentraland. In addition, we will explore the upward trajectory of InQubeta and why it is a top ICO (initial coin offering) project to look out for.…

Ethereum validator queue at an all-time low. Staking demand wanes as wait times plummet. At press time, the entry queue for Ethereum only had 377 validators. The Ethereum network’s validator queue once jam-packed with applicants eager to participate in the blockchain’s proof-of-stake system, has reached an all-time low. Data reveals that the queue has dwindled to just 598 validators, a stark contrast to the staggering peak of over 96,000 seen in early June. This significant reduction in the validator queue…

The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs and blockchain in the financial industry. In a groundbreaking development, Mastercard has announced the successful completion of a trial involving wrapping central bank digital currencies (CBDCs) for use in purchasing nonfungible tokens (NFTs) on blockchains, particularly Ethereum. This milestone experiment demonstrates the fusion of traditional financial systems and blockchain technologies,…

Sushi price is near the key support level of $0.50 while Memeinator is set to jump to $0.0118. But what’s the price prediction for SUSHI and MMTR? What makes Memeinator stand out among meme coins? Sushi is a top DeFi protocol, whose governance token SUSHI reached a high of $23.38 in May 2021. Memeinator on the other hand is a new meme cryptocurrency that recently launched its presale. The project’s approach in the quest to disrupt the meme world is…

USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently found itself in the eye of a storm, revealing the pitfalls of the DeFi space. A liquidity crunch on October 11 led to a trader swapping 131,350 USDR for 0 USDC, incurring a complete loss. Here’s what transpired: The USDR liquidity crunch USDR, a real-estate-backed…

Shiba Memu is a new meme coin that’s leveraging the AI revolution. The project is in presale and has raised more than $3.8 million. Dogecoin (DOGE) tops meme coins buts its price has struggled as daily transactions sink. Dogecoin is struggling to keep prices above a key support level even as the leading meme cryptocurrency records a sharp drop in daily transactions. Meanwhile, the Shiba Memu (SHMU) presale has hit $3.8 million as price increases to $0.0334. Here we examine…

Marathon Digital (NASDAQ: MARA) stock price continued plunging this week as Bitcoin resumed its sell-off. The shares crashed to a low of $7.85 on Thursday even as American stocks continued retreating. It has dropped by more than 60% from the highest level in September. The key driver for Marathon stock price is Bitcoin’s price action. The same applies for other Bitcoin mining companies like Riot Platform and BitDigital (BTBT). These stocks jump when BTC is in an uptrend and vice versa. This…

Key takeaways CoinMarketCap has launched a new ChatGPT plugin. The plugin will allow users to gain access to up-to-date data directly sourced from CoinMarketCap. CoinMarketCap launches a ChatGPT plugin Crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, announced the launch of its ChatGPT plugin on Wednesday, October 11th.  In its blog post, the firm confirmed that it has developed a novel plugin for the large-language model (LLM)-based AI chatbot ChatGPT. Users can access the feature by signing in to their…

Analyst Geoff Kendrick explains his super bullish view on Ether. He expects Ethereum to reclaim its dominance in smart contracts. Kendrick also sees new uses cases as catalyst for price appreciation. Ether has been in a downtrend over the past three months but a Standard Chartered analyst remains super bullish on the cryptocurrency. The bull case for Ether Geoff Kendrick expects Ether to hit $8,000 by the end of 2026 that translates to a whopping 5x growth in about three…