Tag: Cryptocurrencies
3AC’s wallet successfully purchased a “Neon Village” NFT for 20 ETH ($60,000) during liquidation proceedings.
The bid was placed in August 2021 and overlooked by Teneo, the company handling the liquidation.
3AC filed for Chapter 15 bankruptcy in July 2022 due to liquidity issues following the collapse of the Terra ecosystem.
The incident highlights the need for better oversight and management of assets during...
The Rise of Web3
Written on .
Web3 apps reach an all-time high of 10 million daily active users.
Social sector sees a 66% increase in dUAW.
NFT marketplaces experience a surge in trading volume.
TVL in decentralized finance applications sees a decline.
The future of Web3 is bright, with continued growth and innovation expected.
In an exciting turn of events, the decentralized application (dApp) industry has reached a new peak, with daily active users...
Mt. Gox Creditors Receive Bitcoin and Bitcoin Cash Repayments: Implications for Crypto Markets
Written on .
Mt. Gox, a defunct crypto exchange, has started repaying creditors in Bitcoin and Bitcoin Cash.
The exchange holds 142,000 BTC, 143,000 BCH, and 69 billion yen, among other assets.
The repayments are expected to have a significant impact on the crypto market.
Creditors may have to wait up to 90 days to receive their payouts.
Bitcoin and Bitcoin Cash prices have dropped sharply following the repayment news.
On July...
Tokenomics: Key to Sustainability in the Crypto World
Written on .
In the world of cryptocurrencies, tokenomics have become an essential component for the success and sustainability of any blockchain-based project. Tokenomics, a combination of “token” and “economics,” are the set of rules and principles that govern how digital tokens are created, distributed, and used on a platform. These principles not only influence the value and utility of a token, but also affect the long-term stability and growth of the...
PEPE Trembles as Mpeppe (MPEPE) Popularity Soars – Is This the End of the Meme Coin Rivalry?
Written on .
The world of meme coins has been dominated by Pepe (PEPE) for quite some time. However, a new contender, Mpeppe (MPEPE), is rapidly gaining traction, posing a significant challenge to Pepe (PEPE)’s supremacy. As Mpeppe (MPEPE) continues to attract a growing number of investors, the question arises: is this the end of the meme coin rivalry?
The Rise of Mpeppe (MPEPE)
Mpeppe (MPEPE) has quickly captured the attention of the crypto...






