Share this article The number of tokens exceeds 14,000 and the cryptocurrency market capitalization reaches $2.4 trillion, but more is not always merrier. Forbes has identified a group of 20 cryptocurrencies called “zombie blockchains” that maintain high market value despite showing little to no real utility or user adoption.The list includes well-known names such as Ripple (XRP), Cardano (ADA), Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC), all of which feature continuous operations and trading without fulfillment. For practical purposes.The term “zombie blockchain” refers to blockchain projects that exist like the undead but show no signs of life in…
Author: Crypto Flexs
Read More
DeFi • April 26, 2024, 11:45 AM EDT Posted 1 minute ago In ~ Episode 22 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Euler Labs co-founder and CEO Michael BentleyListen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Michael Bentley is the co-founder and CEO of Euler Labs.In this episode, Bentley looks back at last year’s $200 million Euler hack and the recovery process, and walks through the steps taken to strengthen the…
The DOJ charged Storm, along with fellow developer Roman Semenov, with conspiracy to launder money, conspiracy to operate an unlicensed money transfer, and conspiracy to violate sanctions laws by creating and operating Tornado Cash, a cryptocurrency mixing service designed to anonymize transactions. North Korea’s Lazarus Group and other criminal groups laundered money through Tornado Cash, US authorities claim.
Cryptocurrency analyst Egrag Crypto picked out VeChain (VET) and XRP These are two crypto tokens that could soon witness significant price surges. The analyst also outlined the price targets that cryptocurrency investors can expect these tokens to achieve. VeChain could rise to $2.5. Looking at the chart that Egrag shared in his X (formerly Twitter) post, we can see that he is implying: VeChain It hit $2.50 at market highs. He also broke down the price action into three targets, detailing how he expects the cryptocurrency token to climb to those levels. The first target was the yellow channel he…
Shiba Inu (SHIB) price is facing weakness at the time of writing, which could lead to further declines for the meme coin. Investors may argue against this, but their intentions now seem to be toward selling rather than accumulating. Shiba Inu investors do not see profits The price of Shiba Inu can be observed as a red candlestick forming on the daily chart as investors are not acting very optimistic at the moment. Meme coins, which are dominated by whale holders, are showing signs of slowing down in accumulation. The top whale addresses removing exchange wallets added just over 13…
This notice means that no collateral value is assigned to exchange-traded funds and similar investment products that have Bitcoin or other cryptocurrencies as their underlying assets.
Fairspin Unveils TFS Token, Game-Changer for iGaming – Chainwire housenewsroomFairspin unveils TFS token, a game-changer for iGaming 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, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not…
Posted 1 minute ago In ~ Ethereum co-founder Vitalik Buterin responded to comments about Ethereum’s shift from a proof-of-work (PoS) consensus system to a proof-of-stake (PoS). The user famous On social media platform X, numerous Ethereum community members wanted the network to stay on PoW instead of PoS. This sentiment received backlash from the man who first proposed the creation of Ethereum in 2013 at the age of 19. Buterin responded, “PoW is also quite centralized.” “Before PoS, not much was said about it because everyone knew it was only a temporary phase. And how we mostly avoided ASICs because…
In a rapidly evolving blockchain landscape, Neon EVM emerges to bridge the gap between the Ethereum and Solana ecosystems. In this insightful interview, Davide Menegaldo, Neon EVM’s Chief Commercial Officer, sheds light on the platform’s innovative approach to improving user experience and driving mainstream adoption of decentralized applications (DApps).Neon EVM is an Ethereum Virtual Machine (EVM) on Solana. It allows developers to seamlessly deploy their Ethereum-based DApps on the Solana blockchain, leveraging its high throughput, low latency, and scalability. With parallel processing capabilities, Neon EVM revolutionizes the traditional sequential execution of transactions, enabling multiple DApps to operate simultaneously without network…
What do you look for when investing in a property? Of course, you expect it to grow. However, the general answer to this question is that investors seek returns that are higher than the rate of inflation. This must be calculated after careful consideration of the impact of taxes on profits. In recent years, Bitcoin has emerged as a great investment opportunity. OG cryptocurrencies have often outperformed traditional assets such as gold, stocks, and real estate. Although there are traditional coins like Bitcoin or Ethereum, investors are always looking for lesser-known altcoins that can offer huge returns and are not…