Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

    Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility. Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls. On July 30, memecoin traders were snapping up…

    Ethereum is about to get crushed by liquid staking tokens

    The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market. Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether. The LST market is already worth approximately $17 billion, and…

    Japanese Web3 developer HashPort Group raises $8.5M in funding round

    The funds will be used to aid the firm’s global expansion across tough regulatory landscapes. Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round…

    Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack

    CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit. Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3…

    Worldcoin struggles to find new users willing to scan iris for crypto

    The controversial crypto project’s new sign-ups have dwindled, and the numbers pale in comparison to the 2 million sign-ups before the launch of the project. The controversial crypto project Worldcoin was launched for the public on July 24, making way for customers to scan their iris at designated locations in 20 countries and receive 25…

    UFO hearing: Crypto degens spare no time crafting 50 alien shitcoins

    In the wake of the US government being accused of covering up extraterrestrial activity, crypto degens were quick to sprout a shiny batch of memecoins. Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics.” Testifying under…