The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools f
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbe
Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000. ETH Ready For Liftof
As concerns grow over Ethereum’s declining network activity and its weakening deflationary dynamics, a new player has emerged with the potential to reignite Ethereum’s burning mechanism. Ethervista, a recently launched platform inspired by Solana’s P
A U.S. crypto advocacy group will hold its second "Stand with Crypto Day," which will include a performance from The Chainsmokers.
Ethereum Layer 2 achieved 12,000 transactions per second on the testnet. Companies like Optimism, Arbitrum, and zkSync participated in the test. Continue Reading:Ethereum Layer 2 Solutions Achieve 12,000 Transactions Per Second in Testnet The post Et
Ethereum Layer 2 technology achieved 12,000 transactions per second on testnet. Various blockchain companies, including Optimism and Arbitrum, participated in the test. Continue Reading:Ethereum Layer 2 Technology Achieves 12,000 Transactions Per Sec
Brazil's Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet.
On September 4, Pepe (PEPE) was priced at $0.0000070. As of now, the meme coin has seen a slight increase, trading at $0.0000072. However, despite hopes for a continued upswing, on-chain analysis indicates that the bounce may be short-lived, with sev
Ryan Selkis, former CEO of Messari, has revealed his next focus, which intersects crypto, AI, and re-electing Donald Trump. Selkis called the new initiative “Project Solomon,” his plan to contribute to Donald Trump’s second White House stint and crea
In the rapidly evolving world of cryptocurrency, it’s not uncommon to see newer, more innovative projects quickly overshadow established giants. One such project, a Layer 2 casino meme coin named Mpeppe (MPEPE), has recently made headlines for outper
Dogecoin (DOGE), the largest meme-based cryptocurrency by market capitalization, has recently formed a second low, suggesting that the meme coin could be gearing up for a potential 4,000% rally to new all-time highs above $4. Dogecoin Second Low Coul
Amid the broader market uncertainty, (DOGE) price has decreased to $0.0096 after trading at $0.12 just ten days ago. This decline may be tied to Ethereum’s (ETH) performance, as ETH has played a key role in Dogecoin’s past rallies. However, unlike pr
Two major technology companies—Siemens and Samsung—have made significant strides in the crypto sector, each advancing their involvement in different ways. Siemens issues €300 million digital bond. German technology giant Siemens launched its second d
The crypto market hints at an extended correction in September as Bitcoin struggles to hold above the $60,000 mark. If the bearish trend intensifies, SHIB, the second-largest meme coin, could break below its crucial $0.000012 support, opening the doo
On-chain activities point to increased traction towards SHIB, an indicator of a possible price rebound. The second-largest memecoin, Shiba Inu,… The post 1.97T Shiba Inu in 24-Hours as Bears Still Dominating first appeared on The Crypto Basic.
China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance o
Crypto analyst Ali Martinez has highlighted a major indicator for Dogecoin (DOGE), which is flashing a bullish signal. This suggests that now may be the right time to buy the foremost meme coin, with a price rebound looking imminent. TD Indicator Fla
WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in th