Solana Meme Coin Penguiana Achieves Soft Cap by Raising Over 1500 SOL in Presale, P2E Game Demo Set to Release Next Month – Chainwire housenewsroomSolana Meme Coin Penguiana Reaches Soft Cap, Raising Over 1500 SOL in Presale, P2E Game Demo Set to Release Next Month We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user,…
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The FLOKI Coin community has decided to burn $3.2 million worth of FLOKI tokens. FLOKI was briefly ranked as the #1 altcoin due to its combination of social and trading activity. Analysts have marked a bullish pennant for FLOKI, reinforcing new all-time high expectations. A new proposal from FLOKI’s Decentralized Autonomous Organization (DAO) proposes burning 15,246,000,000 excess FLOKI tokens. The Floki incineration proposal quickly gained traction among community members, who voted almost unanimously to implement it.According to the results, 99.84% of voters agreed to burn 15.2 billion Floki coins. This is because this proposal outlines three previous burns initiated by…
Cryptocurrency exchange Kraken is “actively considering” whether to delist the stablecoin Tether. USDT +0.0058% ) Bloomberg in the European market report. The move, which the company is still considering, would end support for Tether on the exchange’s European platform following MiCA approval. Marcus Hughes, head of global regulatory strategy at Kraken, told Bloomberg: “Exchanges are absolutely planning for every contingency, including the inability to list certain tokens like USDT.” “This is something we are considering,” he added. Hughes added that the company will make a final decision “once the position becomes clearer.” When The Block reached out to Kraken for…
Polkadot (DOT) Cryptocurrency analysts have garnered attention by presenting a bullish story about crypto assets. one of them Cryptocurrency expert Michael van de PoppeI believe Polkadot could rise up to $25. In this bull market. Polkadot could reach $25 in the next phase. Michael van de Poppe Mentioned in X (formerly Twitter) post Polkadot’s next rally is expected to take it between $20 and $25. He explained that the cryptocurrency token has seen significant corrections over the past few months but has shown ample strength by returning to pre-rally levels. The analyst also claimed that Polkadot had hit bottom “especially…
index Base.fun, a newly built platform to simplify the token launch process, has officially announced its launch. Base.fun is an innovative platform that aims to double the fun during the cryptocurrency summer season. Recently, it has been attracting attention, reaching $100,000 in transaction volume within one hour of launch. Base.fun provides a streamlined and cost-effective solution for users to easily create and release memecoins on the Base Chain.Traditionally, launching a token requires a complex series of steps, often requiring technical expertise and incurring significant fees. Base.fun aims to remove these obstacles by providing a user-friendly interface that guides users through…
Dolce & Gabbana USA Inc. is being sued by a customer who claims that non-fungible tokens (NFTs) he purchased for $6,000, including a Metaverse outfit, lost 97% of their value due to the luxury fashion house’s failed delivery. The complaint filed in Manhattan federal court alleges that NFTs can be used in a variety of digital, physical, (…)
Binance Supports Chiliz (CHZ) and MultiversX (EGLD) Network Upgrade and Hard ForkIn a recent announcement, Binance, one of the world’s leading cryptocurrency exchanges, declared support for the network upgrade and hard fork of Chiliz (CHZ) and MultiversX (EGLD). These upgrades aim to improve user experience on each network.Network Upgrade DetailsThe Chiliz (CHZ) network upgrade and hard fork is expected to occur at block height 13,189,711 on approximately May 20, 2024 at 07:00 UTC. In preparation for this change, Binance will suspend deposits and withdrawals of CHZ tokens on its network from 06:00 UTC on May…
Bitcoin (BTC) surged above $67,000 on Friday morning, reversing Thursday’s drop below $65,000. This rise coincided with a renewed increase in inflows into spot Bitcoin ETFs, marking the fourth straight day of positive additions. This week was also notable for major institutional players revealing significant BTC ETF holdings. For example, Morgan Stanley yesterday announced an investment worth $269.9 million in Grayscale’s GBTC. Ethereum’s incredible upside potential Ethereum (ETH) has underperformed compared to other major digital assets this year, but shows significant upside potential. The second-largest cryptocurrency has had mixed performance recently but could be on the verge of a significant…
Ethereum is a legacy chain that has expanded over time to address the needs of an ever-demanding global user base. More layer 2 platforms have sprung up to alleviate the mainnet from flooding transactions. Low transaction costs and scalability enable users to deploy intensive decentralized applications that would not be feasible on the base layer. Ethereum Layer-2 is a success, but there are problems. According to L2Beat, Ethereum’s layer 2 platform is currently manage It has a total fixed value (TVL) of more than $39 billion. Nonetheless, Nikita Zhavoronkov, lead developer at Blockchair, believes that Layer 2 is concerned about…