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Andrew Kang, co-founder of Mechanism Capital, has successfully acquired the original Pepe the Frog NFT. The major acquisition happened in a private sale conducted by Sotheby’s as part of the asset liquidation process of a now-defunct crypto hedge fund, Three Arrows Capital (3AC). However, intriguingly, the exact financial details of the sale remain undisclosed. Read the full article here
Thailand Digital Asset Association has warned Thai users that the recent crypto price uptrend could potentially attract hackers. The association which comprise of a network of blockchain evangelists, aims to create awareness among citizens on the dark side of crypto-asset bubble. According to Suppakrit Boonsat, founder of Bitcast and the association’s director, despite the crypto price increase, the cost of carrying out a theft remain unchanged, attracting fraudsters. “Everyone expects the cryptocurrency market to be on a bull run this year, thanks mainly to the launch of spot Bitcoin exchanged-traded funds and the halving of Bitcoin.” The caution comes as…
The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and a series of optimizations to avoid dropping transactions. Also, an improved transaction scheduler is expected to be included in the next update. Solana Foundation Makes Recommendations for Optimized Block Usage The Solana Foundation, a nonprofit dedicated to increasing the adoption of the Solana ecosystem, has made some recommendations to maintain the “high performance” of the Solana network, which has faced high usage during these last weeks. While Solana has not…
EOS Network Foundation highlights that its update is an opportune moment to explore the blockchain’s refined capabilities. EOS launches Transferable RAM to make network processes more resource efficient A novel EOS feature, Transferable RAM, is designed to allow users to transfer RAM between accounts without incurring any fees. This innovation addresses the need for more streamlined and effortless RAM management, enabling users to efficiently allocate and reallocate their resources according to their needs. #EOS has introduced updates to its RAM system, enhancing flexibility, efficiency, & overall utility 💾These unlock new dimensions by facilitating innovative applications, more dynamic resource management, &…
Ethereum (ETH) price has hit a major milestone, as it has hedge against a 30% slump in more than 495 days. Benjamin Cowen, a top market analyst and CEO of Into The Cryptoverse spotted this trend, underscoring the resilience of Ethereum even amid the past crypto winter. Like many other digital currencies, Ethereum is yet to reclaim its All-Time High (ATH) price of $4,891 set in November 2021. What is obvious with Ethereum, however, is its ability to hedge against steeper declines. While current data pegs the coin below its ATH by 32.96%, other competing Layer-1 protocols like Cardano (ADA)…
Despite the prices of various crypto assets plummeting heavily, leading crypto exchange BitMEX has listed XRP for spot trading. Leading crypto derivative exchange, BitMEX, has announced the listing of XRP for spot trading. Ready for this? Tomorrow, two new tokens are coming to BitMEX Spot: ➡️ $XRP (@Ripple)➡️ $ATOM (@cosmos) Details? https://t.co/B8keHFDcCz pic.twitter.com/hmwHTECksq — BitMEX (@BitMEX) March 19, 2024 BitMEX Adds Spot Trading Pair For XRP and ATOM Starting tomorrow at 04:00 (UTC), BitMEX customers can trade XRP against Tether (USDT) on the spot section of the exchange. In addition, users can also convert the coin to over 30 crypto…
Doctor Profit advocates for XRP, highlighting its real estate tokenization initiative. Predicts Bitcoin’s surge to $100,000 after Bitcoin Halving event. The analyst foresees altcoin growth, including XRP, MATIC, and PYTH. Renowned and impeccably accurate crypto and bitcoin price analyst Doctor Profit shares his point of view about Ripple’s XRP. Specifically, Doctor Profit draws light to the underlying potential for the altcoin urging the community not to underestimate its prowess. Don’t underestimate #XRP Months ago XRP started with real estate showcase tokenization. Real estate details such as Name, ID, Tax number and more are all saved on the Blockchain, something BlackRock…
Singapore — ALTAVA AI, the cutting-edge virtual fashion creation platform, has officially launched its open beta, marking a significant step forward in the realm of digital fashion. Rising from the prestigious LVMH La Maison des Startups program, ALTAVA Group, the parent company, has partnered with globally renowned brands like Balmain, Clarins, Fendi, Prada, and more.—ALTAVA AI introduces a game-changing approach to fashion design in the metaverse, empowering creators to build, connect, and monetize their digital garments seamlessly across virtual worlds, games, and social media platforms. The platform addresses the challenges faced by brands and independent designers in digitizing collections for…