Shannon Testnet offers 1M+ TPS and sub-second finality for lightning-fast blockchain apps. Multistream Consensus boosts scalability through parallel transaction execution. Somnia has officially unveiled the Shannon Testnet, a monumental stride towards their goal of putting the world’s data on the blockchain faster and more efficiently than ever before. This testnet, named after information theory visionary … Read more
What to know: Ether has decided to trade 2% higher, as if it were on a rollercoaster, with the hacked ETH now a ghostly memory. 👻 Bybit might just need to go shopping for some ETH, or so one astute observer noted. 🛒 Ah, the Bybit hacker, a shadowy figure rumored to be from North … Read more
In the grand theater of cryptocurrency, a calamity of epic proportions has unfolded, akin to a tragic play where the protagonist, Bybit, finds its hot wallet besieged. A mere attempt at a legitimate transfer spiraled into chaos, resulting in the audacious theft of approximately $1.5 billion, predominantly in ETH, whisked away to an unknown address … Read more
In a twist of fate worthy of a Moscow evening, OKX Ventures has thrown its hat into the ring, investing in Cygnus to propel the Web3 economy into the stratosphere, all while supporting the blockchain revolution, the creator economy, AI wizardry, and decentralized finance solutions that would make even the most skeptical banker raise an … Read more
Oh joy, oh rapture. Bitcoin‘s network activity has hit a whole new low. Because, you know, what could possibly go wrong with a cryptocurrency that’s only been around for a few years and has already given us a few nice crashes? 🤦♂️ A report from CryptoQuant, because who doesn’t love a good analytics platform, has … Read more
Crypto Crystal Ball: AI Predicts XRP‘s Wild Ride 🚀😂 Crypto Crystal Ball: AI Predicts XRP’s Wild Ride 🚀😂 Short Stories from the Blockchain A tale of two AI bots pondering the destiny of XRP by 2025—spoiler alert: they can’t agree. 🤷♂️ Regulations, adoption, and cosmic coincidence converge to decide its price. Will XRP rise, or … Read more
Ah, the sweet, sweet rise of Bitcoin – that delicate, fleeting creature – which dared to dream of greatness, only to have its hopes dashed in the blink of an eye. Just as we were all pondering whether it might take us to a new height, Friday arrived like an uninvited guest at a ball, … Read more
Bitcoin, the digital gold that’s more volatile than a caffeinated squirrel, is currently lounging around the 100-day moving average like it’s on a beach holiday. Trading activity? Low. Momentum? Weaker than a soggy biscuit. But don’t count it out just yet—there’s still a chance for a bullish comeback, provided the market decides to wake up … Read more
Ah, dear Ripple, a creature most serene, meandering through the tranquil waters of the market, resting peacefully above the esteemed 100-day moving average, much like a cat basking in the sun—what a sight! 🐱 This lullaby of minimal volatility, this besotted phase of consolidation, resembles a market equilibrium, a state of adult-like inactivity, most likely … Read more
What to know: Bybit’s stolen funds are on the move—like a bad rom-com plot twist! 💔 Bitget has swooped in with some of its own reserves to help Bybit, according to CEO Gracy Chen, who is basically the superhero we didn’t know we needed. 🦸♀️ Chen assures us that users’ funds are securely stored on … Read more