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Vitalik Buterin has defended altcoin projects like Solana, which have been impacted by sanctions from the SEC. Although the stock market delisting decisions are beneficial to ETH, the Ethereum founder does not support what happened. Vitalik Buterin evaluated the recent steps taken by the SEC against Coinbase and Binance exchange. Buterin pointed out that tokens, which are viewed as unregistered securities, are unfairly treated. The Ethereum founder underlines the need for “all honorable projects to be dealt with fairly.” Solana, referred to as the ETH killer, was also defended by Buterin. The founder of the leading altcoin stated that he…
While Sui continues to be the focus of discussions due to the token opening, an important project has been launched on the network. Built on Sui by former PayPal employees, Versal Network aims to be a modern alternative to SWIFT. on Sui’s official social media accounts to explain According to Versal Network started working on the network. The project managed by the fintech startup Six Clovers; aims to provide faster, more cost-effective and secure cross-border payments. Jim Nguyen, CEO of Six Clovers, stated that their project aims to bridge the gap between Web2 and Web3. Greg Siourounis, Managing Director of…
Bitcoin Cash price continues to rise. BCH, which has recorded a serious rise in the last two weeks, has been one of the most rising cryptocurrencies in the last 24 hours. On-chain data revealed the South Korean influence on the rise. Colin Wu, one of the well-known journalists of the crypto money market, has increased the volumes on the South Korean stock markets in the last 24 hours. drew attention. According to the data, a volume of $ 300 million was formed in the BCH / KRW parity on the Upbit exchange. The volume generated on this exchange accounted for…
PancakeSwap, the largest DeFi platform built on BNB Chain, continues its expansion towards different networks. The decentralized exchange, which started offering transactions to users on Aptos in the past months, has now announced the expansion of Polygon zkEVM. According to the announcements made on the official social media accounts of the project, PancakeSwap has started to offer services to Polygon zkEVM users as of now. Thus, the number of networks on which the platform offers transactions increased to four. DEX, built on BNB Chain, later expanded to Ethereum and Aptos networks. PancakeSwap is among the largest DeFi platforms with over…
The Base developers pointed out that the road to mainnet launch is almost complete. After the announcement, eyes were turned to when BASE Coin will be released. The Base, the construction process of which was started by the Coinbase exchange, was introduced as an Ethereum Layer 2 solution. The Ethereum scaling project is building an open ecosystem, not limited to Coinbase. It was noted that although the project is still on the testnet, it has seen a high adoption. Because months after The Base, BNB Chain also announced that it has launched a scaling solution testnet. The Base developers announced…
GWI reports that consumers spend 2.5 hours a day on social media. This time becomes invaluable for social media companies. Companies and phenomena make money by producing content, but users do not earn any income. Now is the time to change that, with brand new Web3 startups allowing consumers to make money online. Let’s take a look at the ways people can earn in SocialFi today and see how the Attention Economy concept provides a source of income not only to content creators but also to all casual social network users. How are the Earnings Realized in SocialFi Applications? Several…
Reports released before the beginning of the year suggested that the crypto winter will become more severe in 2023. However, most cryptocurrency projects have managed to surprise analysts. Here are the top 10 projects leading the rise among altcoin projects. The total market capitalization of Bitcoin and altcoins has increased by 36% since the beginning of the year. The total market capitalization, which was $795 billion on January 1, currently exceeds $1.1 trillion. In the rise experienced during this time, one of the leading cryptocurrencies managed to gain 84% value. While BTC found buyers at $ 16,600 at the beginning…
The cryptocurrency market is preparing to close the month of June with a rise. In the process when the leading cryptocurrency exceeded $ 30,000, many important developments took place. Altcoin projects displayed choppy charts in this process. For the month of July, the eyes were turned to key openings in the crypto money market. Locked tokens will be unlocked in dozens of altcoin projects throughout the month. When the current market value of these tokens to be circulated is calculated, Sui (SUI), Aptos (APT), Axie Infinity (AXS), dYdX (DYDX) and ApeCoin (APE) will be the altcoins with the highest expansion.…
In 2023, dozens of new projects were launched into the crypto money market. However, one of the most talked about among these was Pepe (PEPE). The meme coin, which started operations in April, gained great popularity in a short time. In this process, the price of the token increased thousands of times and was listed on dozens of exchanges. What is Pepe? Pepe is a cryptocurrency project built on the Ethereum network. Like Dogecoin and Shiba Inu it is basically for entertainment. It is inspired by “Pepe the frog”, one of the most used characters on the internet of the…
The year 2023 highlighted the projects that offer Layer 2 solutions for Bitcoin. The leading scaling solution, Stacks, attracted attention with its price movements. In this content, we examine Stacks, which is rapidly gaining popularity. Stacks takes the lead among a limited number of Layer 2 projects that offer a scaling solution for the leading cryptocurrency. The L2 project has a market capitalization of over $990 million. Moreover, STX, the native token of Stacks, made a fast start to 2023, gaining 237% since the beginning of the year. What is Stacks, What Does STX Do? Stacks is at the forefront…
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