Bored & Hungry LA flips its last NFT-themed burger A Los Angeles burger restaurant, which has used a Bored Ape Yacht Club non-fungible token (NFT) as its unique brand identity for the past two years, is now closing its doors and being sold to a Decentralized Autonomous Organization (DAO). In simpler terms, after operating as … Read more
This month, more Ethereum users have been actively utilizing the Base layer-2 network supported by Coinbase than Arbitrum. During the initial nine days of April, approximately 1.48 million new active addresses have been registered on the Base network, just surpassing Arbitrum One’s figure of around 1.43 million active addresses based on data from Growthe pie. … Read more
On Monday, the price of Ether (ETH) increased by 8% in cryptocurrency markets due to heightened enthusiasm on social media and positive expectations among derivatives market participants. In the last 24 hours, Ether’s price has risen by approximately 8%. The peak price for this cryptocurrency was reached on April 9 at $3,722, surpassing Bitcoin (BTC) … Read more
ADA’s MVRV ratio improved in the last few days. Most technical indicators looked bullish. In recent hours, as the market shifted to a bullish trend, the price of Cardano (ADA) followed suit and rose. With ADA‘s value on the rise, it was on the verge of breaking free from a bullish pattern. If this breakout … Read more
According to BitMEX’s co-founder Arthur Hayes, the upcoming Bitcoin halving and the monetary measures taken by the Federal Reserve and Treasury will fuel a frenzy of crypto asset sales and potentially cause a market downturn lasting for several weeks. In a blog post on April 8, Hayes expressed his conviction that the Bitcoin halving would … Read more
Solana programmers aim to address a “development glitch” that occurred recently and led to a significant increase in transaction failures on the Solana network, by April 15. According to Mert Mumtaz, the CEO of Helius Labs, the current problem Solana is experiencing isn’t a flaw in its design, but rather a glitch in its implementation. … Read more