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Join Our Telegram channel to stay up to date on breaking news coverage BALD, a new meme coin on Coinbase’s new Layer 2 blockchain Base, imploded after an earlier stratospheric rise amid allegations and denials of a rug pull. After rising as much as four million percent on Sunday, the coin had plunged more than 94% by 14.39 EST as Bald’s developer tweeted that it had not sold a single token. I didn't sell a single token at any point since deployment. Just added/removed 2 sided liquidity and bought — Bald (@BaldBaseBald) July 31, 2023 But when challenged by another tweet that the comment actually indicated the developer had sold Bald tokens for a lot of Ether, the developer replied, ”Correct.” Social media reports and blockchain data suggested the crash was triggered when the developer pulled Ether liquidity worth about $1.9 million from the market, Coin Telegraph reported. BALD – The Rise and Fall Despite its lack of any known purpose, creator or utility, Bald went in

Hackers Exploit Vyper Vulnerabilities The exploit targeted versions 0.2.15 to 0.3.0 of the Vyper compiler. According to Vyper contributor @fubuloubu, this sophisticated attack likely took weeks, if not months, to prepare. The hackers meticulously trawled through Vyper’s past releases, pinpointing specific vulnerabilities to exploit – an uncommon tactic hinting at the high level of expertise and resources behind the operation. advertisement The impacted pools include CRV /eth, aleth/eth, mseth/eth, and peth/eth. The tri-crypto pool on Arbitrum might also be affected. While auditors and Vyper developers have not identified a profitable exploit in this pool, users are advised to exit as a precaution. Vyper’s code base, being smaller and less frequently updated than most, has generally been perceived as more secure and easier to audit. However, this incident highlights the challenges even in scrutinized and relatively stable compilers. The attack underscores a wide

Pepe is a cryptocurrency based on the popular internet meme “Pepe the Frog.” Its prices surged shortly after launch. Similarly, Tradecurve is following a similar trend, recently rallying with expectations of more gains. In May of 2023, PEPE had a market capitalization of $1.8 billion. Investors are now considering whether this meme coin can replicate its past performance and closely monitoring the project. >>Register for the Tradecurve presale<< Pepe price prediction Meme coins are popular as they are speculative and volatile.  Such was the case with Pepe (PEPE), as it surged shortly after its launch. However, there are questions about whether it can maintain this performance in the coming months. You might also like: Whale buys PEPE coins worth $6.7m despite price decline    As of July 17, 2023, the Pepe coin value was at $0.00000157. During the past week, Pepe fell to a low of $0.00000147 and peaked at $0.00000183.  The prices of PEPE have increased by 5

Jul 28, 2023 at 14:12 // Price Author Coin Idol The BNB price continues to fluctuate in a range between $220 and $260. BNB price long-term forecast: fluctuation range The BNB price has moved and retested between the lower and upper price levels over the past month. It is unlikely that these price levels will be broken as altcoin maintains its price movement. On July 14, the bulls retested the $260 resistance but were beaten back. The cryptocurrency price dropped to a lower range and resumed volatility. Neither buyers nor sellers have broken out of the trading ra

XRP Lawyer Withdraws From Ripple Lawsuit Ripple has filed a motion for Lisa R. Zornberg to withdraw as attorney for the defendants, according to a filing in the District Court For the Southern District of New York on July 27. advertisement Ripple has requested the court to grant Lisa R. Zornberg of Debevoise & Plimpton LLP to withdraw as attorney of record in the US SEC lawsuit. The move comes as Lisa R. Zornberg will not be associated with the law firm effective as of July 31. Other attorneys of Debevoise & Plimpton LLP will continue to represent Ripple Labs in the lawsuit. Moreover, Ripple asserts that Gressel’s withdrawal will not adversely impact the interests of the defendants including CEO Brad Garlinghouse and co-founder Chris Larsen. Top former federal prosecutor Lisa R. Zornberg was appointed as City Hall Chief Counsel by New York City Mayor Eric Adams this week. Recommended Articles

Join Our Telegram channel to stay up to date on breaking news coverage Amid the intensifying campaign for the White House, Robert F. Kennedy Jr., a Democratic Presidential Candidate of the United States, disclosed his involvement in the cryptocurrency market. In May of the previous year, he purchased 14 Bitcoin, allocating two for each of his seven children. Amidst swirling rumors about his cryptocurrency holdings, Kennedy clarified his position during a Twitter Spaces conversation with Scott Melker, aka the Wolf of All Streets. In the dialogue, he lauded Bitcoin as the “currency of freedom,” praising its decentralized nature and liberating attributes as reasons for its appeal. Following Up on Pro-Bitcoin Comments During the July 26 Twitter Space event, Kennedy addressed the criticism he has faced from both the media and crypto enthusiasts regarding his promotion of Bitcoin without personally holding any of the cryptocurrency. Live now discussing #Bitcoin with ⁦@RobertKenn

Sam Altman ’s crypto project  Worldcoin launched its mainnet and WLD token this week. The project received immense traction after it was launched. In fact, people have already started lining up to get their eyeballs scanned for Open AI CEO’s Worldcoin crypto digital ID. Altman recently tweeted, “Day 3 of Worldcoin launch, crazy lines around the world. One person getting verified every 8 seconds now.” JUST IN: People lining up to have their eyeballs scanned for OpenAI CEO's Worldcoin #crypto digital ID. pic.twitter.com/Tl1vyhWZEQ — Watcher.Guru (@WatcherGuru) July 26, 2023 Also Read: Worldcoin ’s WLD Token Registers 69% Surge Shortly After Release Biometric Verification Process At the moment, developers have access to the Worldcoin software development kit to create tools and applications using the project’s identity protocol, World ID. The company revealed that users have to scan their irises using Orb to be fully verified. Orb is a customized device that

Since the second week of July, Shiba Inu’s correlation with Bitcoin has started deteriorating. From a high of 0.88 created on July 9, this metric’s reading kept shrinking. On July 23, it slipped into negative territory, nullifying SHIB’s bond with BTC. At press time, the number was hovering around the brink of -0.2. Source: IntoTheBlock Also Read: Shiba Inu Adoption Rate Climbs to 58%, Highest Since 2020 With the Bitcoin market poised for a correction, the negative correlation could prove to be handy for Shiba Inu. On the technical front, SHIB has broken above the upper trendline of its descending channel. Parallelly, the asset is also trading above its SMA on the weekly timeframe, giving it another positional advantage. Along with these two bullish moves, there is another interesting tangent associated. The current level around which SHIB is trading has proven to be strong support for the asset. Since 2022, SHIB has initiated two 100%+ rallies from this particular level. Th

Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized. The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, and Avalanche is uniquely equipped to power these systems. pic.twitter.com/ZWy109CMCi — Avalanche (@avax) July 25, 2023 Avalanche Vista comes amid a groundswell trend towards token ization throughout the blockchain community. Essentially, token ization allows anyone to convert an off -chain asset into a digital, on -chain token . One of the most popular early use cases for tokenization is in the real estate sector. Investment property purchases are typically the domain of large investors or investment corpo

Shiba Inu reached its all-time high of $0.00008616 on Oct. 28, 2021, after spiking 1,000% the same month. SHIB was the talk of the town back then with new and first-time investors pouring their money into the token. However, things didn’t go as planned as Shiba Inu began trading backward than forward thereon. Its been nearly 21 months since SHIB is trying to reclaim its ATH but failed in all its attempts. Also Read: With $1,000, How Much Money Can You Make If Shiba Inu Reclaims Its ATH? Source: Coingecko So when will SHIB climb above its ATH and trade with new highs in the charts? In this article, we will highlight when Shiba Inu could reclaim its all-time high in the coming years. When Will Shiba Inu Reclaims Its All-Time High? Source: Freepik.com Leading on-chain metrics and price prediction firm Changelly predicted that Shiba Inu could reclaim its all-time high of $0.00008616 only in 2029. According to the forecast, SHIB could reach a maximum high of $0.000096 in 2019,

Also Read: Early LUNC Developer Says The Protocol is “Rigged by a Single Actor” advertisement UBS Agrees On $268.5 Million Fine According to the US Fed’s announcement, the risk management deficiency occured on Credit Suisse ’s part due to the default of Archegos in 2021. Credit Suisse had then suffered approximately $5.5 billion in losses thanks to the default, a statement from the US Federal Reserve said. Yet, Credit Suisse failed to adequately manage the risk posed by Archegos despite repeated warnings, the central bank’s Board explained. An investigation into Credit Suisse by the Federal Reserve Bank of New York identified longstanding deficiencies in the U.S. operations’ risk management, the statement said. “The Board is requiring Credit Suisse to improve counterparty credit risk management practices and to address additional longstanding deficiencies in other risk management programs at Credit Suisse ’s U.S. operations.” Previously, regulato

The BRICS alliance will decide on the formation of a new currency at the next summit in Johannesburg in August. The soon-to-be-released currency will take on the U.S. dollar and challenge its status as the global reserve. On the heels of the next summit, South African BRICS ambassador Anil Sooklal warned that the U.S. dollar days could soon come to an end. He explained that developing countries are looking at alternative currencies as holding the dollar as reserves is burdensome. Also Read: What Happens if Gulf Countries Accept BRICS Currency ? BRICS is an acronym for Brazil, Russia, India, China, and South Africa. The bloc is looking to strengthen ties with other nations and trade in local currencies rather than the U.S. dollar. The alliance aims to put the U.S. dollar on the back foot and reduce its demand in the global markets. BRICS Warn That the ‘U.S. Dollar Days Are Over’ Source: Cryptopolitian.com In a recent press conference, Sooklal warned that the U.S. dollar day

Join Our Telegram channel to stay up to date on breaking news coverage Blockchain technology is fast becoming the breakout technological trend in Russia, as it has continued to find more applications across industries.  Perhaps the most surprising, however, is a local musician’s recent application to sidestep the rigid, label-run music industry. A First for the Music Industry This week, local news source VC.ru reported that pop singer Oleg Kenzov used a government-backed blockchain platform to transfer the digital rights to a song he wrote. Per the report, the artist’s studio, Soyuz, had signed a licensing agreement with digital music service FONMIX to distribute “Po Kaifu,” one of Kenzov’s songs, across different locations countrywide. The licensing agreement allowed gyms, bars, restaurants, and other businesses wanting to use the song for promotions to access it easily. The deal marked a first of its kind, and it was completed in the presence of representatives from top rec