SHIB is a cryptocurrency that was launched as an “experiment in spontaneous community building”, according to the founder of the community, Ryoshi. Now it has a total liquidity of $13.4 million, and naturally is continuing to grow.
Bitcoin has been touted to ride out the current wave of “environmentally unfriendly” allegations that have been levelled against it in recent weeks, as the leading cryptocurrency fights to recover lost ground.
Whenever a cryptocurrency transaction is sent from one address to another, it incurs a mining fee paid by the sender to a miner. There are many different blockchain networks on the market; some of them are faster, while others have longer confirmation time. To understand how the process works, we’ll take bitcoin as an example.
After recording more than eight cases of flash loan attacks on its network in the first half of 2021, Binance Smart Chain has labelled the hacks “well coordinated”, and has called for immediate security measures.
Since the introduction of bitcoin in 2009, over 9000 other cryptocurrencies have been released, aiming to dethrone the granddaddy of crypto. Every new coin that comes out claims that it possesses the secret ingredients to become the ruler of them all. But Solana, together with its SOL currency, seems to have found the perfect mixture. The SOL crypto project has introduced somewhat of a novelty in the blockchain space: A reference to time and a network-wide decentralized clock.
Cardano has finally rolled out its first Alonzo testnet after months of anticipation, following an official announcement via its Twitter. The token’s long-awaited hard fork comes at a curious time as Ethereum chases swiftly behind in plans for a network upgrade of its own.