18 Oct 2024 @ 20:27
Filecoin has firmly established itself as the leader in decentralized storage, maintaining a significant edge over its competitors, particularly in terms of revenue generation. However, despite this dominant position, the platform has experienced a notable revenue decline in 2024 compared to the previous year. This downturn comes as Filecoin faces growing competition not only from […]
17 Oct 2024 @ 00:48
Despite bearish sentiment in the Ethereum space, one of its Layer 2 networks continues to witness unprecedented levels of growth. Base, the Layer 2 solution developed by Coinbase, a major centralized exchange and crypto custodian, has been able to reach new all-time highs in weekly active wallets, transactions, and decentralized exchange (DEX) trades. Data from […]
16 Oct 2024 @ 08:50
The EIGEN token is now live for trading, transferring, and staking, boasting an impressive fully diluted valuation of $7.2 billion. This launch marks a significant milestone for EigenLayer, opening up new opportunities for investors and users in the crypto space. The Ethereum restaking protocol EigenLayer has unlocked its native token, EIGEN, allowing for trading, transferring, […]
15 Oct 2024 @ 08:05
OpenZeppelin is a suite of open-source tools and libraries for developing smart contracts on the Ethereum blockchain. It provides a collection of pre-written, audited, and reusable code modules that can be used to build secure and efficient smart contracts. These modules cover a wide range of functionalities, including: • Token contracts: For creating and managing […]
12 Oct 2024 @ 01:20
Imagine owning a valuable asset that’s more than just a static investment. What if you could turn it into a dynamic income generator? That’s the promise of Coinbase Wrapped Bitcoin (cbBTC). Just as you can rent out a physical property to earn additional income, cbBTC allows you to unlock the earning potential of your Bitcoin […]
09 Oct 2024 @ 23:54
Back in 2011, Bitcoin was still in its infancy, barely two years old. Meanwhile, Charlie Lee, a former Google engineer with a bold vision, was busy crafting something new. Lee wasn’t simply following the trend of blockchain innovation. Instead, he sought to create a cryptocurrency that would work alongside Bitcoin rather than rival it. His […]
09 Oct 2024 @ 02:10
The crypto universe has undergone a remarkable transformation since the inception of Bitcoin in 2009. From a single asset, the market has expanded into a vast ecosystem encompassing 4 asset classes, 14 sectors, and 41 subsectors, as defined by datonomy™. Today, the aggregate market capitalization of assets within the datonomy™ universe exceeds $2 trillion, a […]
08 Oct 2024 @ 03:45
October has historically been a favorable month for the cryptocurrency market. In the last decade, the global crypto market capitalization has seen positive growth in eight out of ten Octobers. These monthly gains ranged from a modest 7.3% in 2022 to a substantial 42.9% in 2021. While there were exceptions in 2014 and 2018, with […]
02 Oct 2024 @ 19:01
Dogecoin’s origin dates back to 2013, driven by three main figures: Jackson Palmer, a software engineer and marketing analyst; Billy Markus, a software developer; and Shiba Inu. During the initial cryptocurrency surge, Palmer introduced Dogecoin as a satirical take on the growing frenzy around digital currencies. After joking on Twitter about launching a new cryptocurrency […]
01 Oct 2024 @ 08:26
The stablecoin market has experienced a significant surge this year, with its total market capitalization expanding by 30% from $130 billion to nearly $170 billion. This marks a new two-year high, reflecting a growing public appetite for cryptocurrencies as a viable alternative to traditional banking. As Paolo Ardoino, CEO of Tether, noted, “The global adoption […]