Author: NBTC
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Trendy new apps don’t tend to last long in crypto — except, apparently, for pump.fun. After a tame September, memecoins have returned to prominence in recent days, with the Solana-based launchpad seemingly leading the way. The app, which seemed past its heyday just weeks ago, has recorded 12 straight days of at least $900,000 in revenue, according to a Dune dashboard. The last time it pulled that off was *checks notes* never. MOODENG, a pump.fun token based on a…
Whale Alert reported the minting of 50 million USDC (worth $50.01 million) at the USDC Treasury. The USD Coin (USDC) price stands at $0.999851, with a 24-hour trading volume of $8.21 billion. In the past 24 hours, the USDC market cap is $35.49 billion, with a circulating supply of 35.5 billion USDC coins. Market activity around USDC appears mixed, with volume surges combined with cautious trading. Meanwhile, Circle has taken a major step by expanding USDC access in Brazil and Mexico. 💵 💵 💵 50,000,000 #USDC (50,010,000 USD) minted at USDC Treasuryhttps://t.co/qmliBKH1D4 — Whale Alert (@whale_alert) October 2, 2024 USDC…
Nearly 130 million Hamster Kombat players were eligible to claim the HMSTR token airdrop on The Open Network (TON) late last month, and many of those players likely took their bounty to a self-custody wallet or centralized exchange. But those who haven’t moved the tokens yet could secure a bonus for the next in-game season. In an announcement Tuesday, the developers of Telegram’s biggest crypto game to date said that airdrop recipients who keep their tokens within the game will earn a bonus when the planned second season begins. “If you decide to keep your tokens instead of withdrawing them,…
The advent of Ethereum and its smart contract capabilities revolutionized the blockchain landscape, enabling the development of decentralized applications (dApps). However, as the demand for these applications grew, Ethereum’s network became congested, leading to high transaction fees that often deterred users from engaging with the platform. This pressing issue highlighted the need for more scalable and cost-effective solutions, leading to the rise of Layer 2 (L2) protocols. Among these, Arbitrum emerged as a leading solution, offering a comprehensive suite of products designed to enhance blockchain scalability and performance. In an exciting development, O3 Layer has become the first Layer 3…
Samson Mow, Bitcoin maximalist and chief executive at the Bitcoin-focused company JAN3, has taken to his account on the X platform to make a massive BTC price prediction to the global crypto community. Mow has predicted Bitcoin to print a “Godzilla candle” soon, stating: “The Godzilla Candle is coming.” In earlier tweets, he also referred to an “Omega candle” for BTC, explaining that it or the Godzilla one refers to the size of this candle and the mammoth momentum it is going to give to the BTC price in a single go. The Godzilla Candle is coming. pic.twitter.com/ccwifDgghV — Samson…
China’s $340B stimulus package includes rate cuts and increased liquidity, boosting interest in crypto markets. Increased liquidity from China’s measures is expected to positively impact cryptocurrency values, particularly Bitcoin. Crypto analysts anticipate a market surge as China’s economic policies inject liquidity, possibly driving up digital asset investments. China has recently introduced a massive stimulus package aimed at boosting its economy, and it has caught the attention of crypto markets globally. The package, valued at $340 billion, includes significant measures such as interest rate cuts and increased liquidity. Consequently, these steps are seen as a crucial move to counter deflationary pressures…
Arthur Hayes took a $47K hit after dropping $500K on PEPE and MOG. Hayes deposited 24.39 billion PEPE and 167.5 billion MOG back to Binance and Bybit. The crypto market has been struggling to break the bearish pressure as Uptober began. The bearish sentiment drove the overall market cap to $2.14 trillion. The leading cryptocurrency, Bitcoin (BTC), dropped to $59.9K, and Ethereum (ETH) also faced a sharp downturn, falling to $2.3K. Amid this, the former BitMEX CEO Arthur Hayes recently announced his support for the three meme coins—PEPE, MOG, and MOTHER. It triggered the token’s price momentum. He spent an…
Immutable Games has revealed plans to launch the first expansion for mobile trading card role-playing game Guild of Guardians, which will introduce two new legendary Guardians and other fresh content. The Frostmire expansion is set to go live on October 16 with a new icey environment. This global update will transport players to the titular location, which introduces snowy mountains and frozen plains as the game continues to delve into its lore. Most notably, however, two new Guardians will be introduced: Lisca and Dolvir. Both legendary in rarity, Lisca is a prolific ranged hunter who grew up in the icey…
Miami, FL – Propy, a leading innovator in onchain real estate transactions, has announced a strategic partnership with Inspectify, a top-tier property inspection platform. This collaboration is set to elevate the home-buying process by integrating property inspections into the blockchain, offering a streamlined and fully digital experience for buyers and agents.—Why Inspections Matter for Onchain Real EstateProperty inspections are an essential, but often tedious, part of buying a home. Propy’s partnership with Inspectify simplifies this process by allowing buyers to order, receive, and store inspection reports directly within the Propy platform—removing the need to manage separate apps or sift through…
On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, with the owner transferring block height 2,800 along with several other block rewards. Since then, it’s been a rare sight to witness 2009-mined bitcoins being transferred, making Friday morning’s five transactions all the more noteworthy. Exploring the Spending Trends of 2009 Bitcoin Wallets Over the Past Decade Bitcoin.com News recently covered the movement of Satoshi-era blocks on Sept. 20, 2024.…