On Tuesday, the social news hub Reddit unveiled that it would be drawing the curtains on the Community Points project. This revelation promptly sent two cryptocurrency coins from r/cryptocurrency and r/fortnite spiraling downward, showcasing a notable dip in value following the news. This development also irked a multitude of Redditors, with conversations surrounding the plan […]
Gold-Backed Digital Tokens Now an Approved Payment Method Says Zimbabwean Central Bank
Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of external auditors to “validate the availability and adequacy of gold to ZIG at any given time.” Preserving Value With […]
Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing
PRESS RELEASE. London, United Kingdom, Date, Chainwire. Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about new collaborations and product updates. Bitget is a popular global […]
Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop of more than 18% in the previous month. Shiba […]
PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize
Approximately 16 trillion PEPE tokens worth $ 15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s multi-signature wallet before removing themselves from the project. Despite this setback, the …