The Worldcoin Foundation has rolled out a new system called Secure Multi-Party Computation (SMPC) to improve the security of biometric data. This technology is essential as biometric data becomes more prevalent in everyday services and complex security setups. SMPC works by dividing secrets, making it harder for data breaches to occur. Additionally, Worldcoin assures that…
The price of Bitcoin surged, surpassing $63,000, following the release of the latest U.S. Consumer Price Index (CPI) data. The report indicated that inflation increased by 0.3%, which was in line with what the market had expected. The Bitcoin price rallies as the latest U.S. CPI inflation data sparks market concerns. The U.S. Core CPI…
In a remarkable turn of events, a savvy investor has pocketed a staggering $14 million profit from Pepe Coin’s extraordinary 943% return on investment (ROI). However, caution is advised as the Relative Strength Index (RSI) stands at 75, signaling potential overbought conditions and suggesting a forthcoming price correction. Pepe Coin continues to attract attention, experiencing…
Bitcoin’s ascent is driving major developments in the crypto market. Since April, over a million new tokens have emerged. Memecoin projects are experiencing a mix of excitement and scrutiny within the community. As exciting changes unfold in the crypto world, Bitcoin’s surge is paving the way for important advancements. Starting in April, more than a…
Today, on May 14, Floki Inu (FLOKI) experienced a notable surge in its price, drawing considerable interest. This spike in attention came as the Floki community put forward a substantial proposal for burning tokens. Today, the Floki Inu community proposed to burn over 15 billion FLOKI tokens, sparking a nearly 10% rally in FLOKI’s price….
Uniswap’s mobile swaps surpass $4 billion, with plans to introduce Layer3 (L3) assets or L3-based tokens. Despite the rapid growth of new tokens listed almost hourly, Uniswap continues to be a prominent decentralized exchange (DEX), boasting active development and daily active users. However, the platform’s accessibility presents both opportunities and risks due to low liquidity…
Solana (SOL) is experiencing a surge in popularity, thanks to a rise in memecoin activity and hopes of its price hitting $400 by November. The main reason for Solana’s recent success is the sudden growth of a memecoin called GME, which is built on the Solana platform. GME, inspired by the GameStop stock frenzy led…
Hong Kong’s Bitcoin and Ethereum ETFs faced substantial net outflows, indicating a notable drop in investor confidence and fund performance. The largest-ever outflow occurred on Monday, May 13, completely erasing all gains made since the ETFs were launched less than two weeks ago. On May 13, Hong Kong witnessed the largest-ever net outflow from its…
Antonio Juliano has resigned as CEO of dYdX, a decentralized exchange, after serving for seven years. He will now serve as Chairman and President, shifting his focus to broader strategic goals while stepping back from daily operations. Antonio Juliano has stepped down as CEO of dYdX, assuming the roles of Chairman and President. Ivo Crnkovic-Rubsamen,…
Pepe Coin, a meme-based cryptocurrency, has seen a significant surge in its price, jumping by 14%. Trading volume has skyrocketed, increasing by a whopping 266%. Additionally, a prominent investor, often referred to as a “whale” in the crypto world, has reportedly made a profit of $3.6 million from their investment in Pepe Coin. These developments…