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Binance is rolling out support for a new universal ZK rollup protocol. The top global crypto exchange by trading volume says Boundless (ZKC) is the next project in its HODLer Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Boundless aims to scale ZK-powered verifiable compute for every chain, according to the project’s whitepaper. “In Boundless, operators of GPUs and other commodity hardware called “provers” compete for on or off-chain requests for zero-knowledge proofs issued by ‘requestors’ via an efficient and open market. Such requests might occur either in the ‘spot’ market or as part of a ‘service agreement’ contract. In either case, payment is settled in conjunction with the verification of the proof on the destination chain specified by the requestor.” ZK rollups are one of the two main types of rollup solutions that execute transactions outside ...

Burwick Law, the firm accusing memecoin platform Pump Fun of securities violations, has caught the attention of crypto grifters after it launched its own memecoin called “DOGSHIT2.” The firm used Pump Fun to create “Dog Shit Going NoWhere” on October 31 as a demonstration of the token launching process. The lawsuit claims it took under 10 minutes to launch and that there were no terms and conditions, know-your-customer checks, age checks, or identity verification involved.  The token’s creation forms part of Burwick Law’s lawsuit that accuses Baton Corporation, which operates Pump Fun, of facilitating “pump-and-dump” schemes and extracting $500 million through the sale of “highly-volatile unregistered securities.”  The actual Pump Fun offices aka, Baton Corporation Ltd. Read more: Ross Ulbricht’s wallet is losing millions on Pump Fun memecoins It claims the lack of compliance measures means Pump Fun has become “a magnet for terrorist financing, dr...

Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for their transfer of SOL to a private wallet to go through. “It’s a scaling challenge keeping up with activity on Solana chain (which surged lately), not solvency. Customer funds are 100% backed and audited periodically by Deloitte. Team is working hard to resolve it.” According to blockchain data aggregator DefiLl...

The Hedera price has pumped 13% in the last 24 hours to trade at $0.3799 as of 3:30 a.m. EST on a 100% jump in trading volume to $2.6 billion. Hedera Price May Encounter A Short Term Downturn The HBAR/USD chart on the 4-hour timeframe shows a bullish trend supported by a double bottom pattern forming around the $0.25 price level. This pattern, a classic reversal signal, indicates a shift from a downtrend to an uptrend. Following the breakout above the $0.30 resistance level, the price surged, confirming the pattern and suggesting further upside potential. The breakout level now acts as immediate support, while the $0.37 zone has emerged as a reward area, serving as a near-term target for bullish traders. HBAR/USD Analysis Source: Dextools.io The 50-period Simple Moving Average (SMA) is trending upward, with the price currently trading above $0.30. This dynamic support reinforces the bullish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator also con...

The Bonk price has seen a 4% drop in the last 24 hours and 32% in a month to trade at $0.00003418 as of 3.10 a.m. EST on trading volume that skyrocketed 52% to $606.46 million. While the current price drop and the reason why BONK broke its support likely has something to do with Bitcoin’s correction seen in the last 24 hours, the token has clearly struggled to grow lately, so it did not take much to trigger a price drop when the market turned bearish. Bonk Price Prediction As mentioned, Bonk has been spiraling down over the last 24 hours, with its price breaking a major support that held it from sinking over the course of the past week. Now, however, the token is looking for new support to stop its descent. Its Bollinger bands have widened sharply in the last few hours, which suggests high trader activity. However, it is quite clear that the price is following a bearish trend, seen from the fact that it has been pushing the lower band further down for hours, ever since 12 p.m....

Blockchain analytics firm CryptoQuant shared on X that it remains an opportune moment to enter the crypto market and take advantage of the dip, even after recent notable price surges.  Bitcoin (BTC) experienced a 34% increase in November, while altcoins recorded significant gains.  However, according to CryptoQuant, the market has yet to experience the dramatic price movements and peak investor enthusiasm typically seen during a full-fledged crypto bull run. This suggests there may still be potential for further growth in the coming period. With digital assets printing price rallies, this article focuses on the most searched cryptos on GeckoTerminal today. Most Searched Cryptos on GeckoTerminal Today GRINC’s 15-minute candlesticks present impressive price movements. Rizzmas has displayed strong upward momentum, posting substantial gains over the past 24 hours. The $1 token experienced notable price activity during this trading session, marked by a mix of volatility an...

Dogecoin recently experienced an impressive rally, reaching a high with its market cap surging from $41 billion to $63 billion. Although this is a promising upward movement, Dogecoin remains far from its peak market cap of $84 billion. Compared to previous years, today’s market dynamics are different. Influential factors like Elon Musk’s frequent mentions, government stimulus checks, and pandemic-related conditions are no longer present, making it challenging for $DOGE to reclaim its all-time high. However, it’s not impossible for the coin to reach new heights. The broader meme coin market has also been thriving, recently hitting an impressive $100 billion in market cap, marking a new all-time high and ushering in a phase of market price discovery and volatility. Within this volatile landscape, Bitcoin is displaying significant dominance, holding 60% of the market, while altcoins like Ethereum and Solana show potential to gain momentum as the market evolves. The cu...

Dogecoin (DOGE) is once again capturing attention, trading at $0.1253 on October 16, up 9.20% in the last 24 hours, and surging 14.65% over the past week.  Its market cap climbed from $16.8 billion to $18.8 billion, with trading volume soaring by 96.85% to $2.03 billion in a single day. as per the latest data retrieved by Finbold from CoinMarketCap . Dogecoin market cap on the 1-day chart. Source: CoinMarketCap Moreover, DOGE leads the pack in the top 100 digital assets by market capitalization over the past day, triggering fresh speculation about where the meme coin could head next. Picks for you Uptober: Indicators suggest the 2024 crypto bull market is back 23 mins ago Tesla moves $760 million in Bitcoin; Here's what you need to...

The Nervos Network price dropped 9% in the last 24 hours to trade at $0.01554 as of 3 a.m. EST on trading volume that surged 53% to $609.1 million. But that drop was only a small correction compared to the 91% surge recorded by the CKB price in the past week.. The Nervos Network price was rejected after attempting to breach the resistance at $0.0175, which happened several times in the last 24 hours, with this newest rejection being the strongest. Before that, the token’s price traded sideways between September 9 and 13, only to see a sharp surge after Upbit Korea announced support for trading CKB as its newly listed digital asset. The exchange noted that supported markets include KRW, BTC, and USDT, and the announcement started drawing in traders to the point where the CKB price spiked. 신규 디지털 자산 너보스(CKB) 거래지원 안내 ✅ 지원 마켓: KRW, BT...

The Dogecoin price dropped 2% in the last 24 hours and 16% in a month to trade at $0.1012 as of 00:45 a.m. EST on trading volume that soared 25% to $395 million. This comes as the other two top meme coins by market capitalization continued to record negative gains in the last seven days, with SHIB falling 2% and PEPE 6%, according to Coingecko . Dogecoin Price Aims For A Breakout Despite being down in the last month, the Dogecoin price has still been up 8% in the last 14 days, as the price rose from below the lower boundary of the sideways pattern, according to data from GeckoTerminal .  However, the price of Dogecoin encountered resistance around $0.110, with the bears and bulls struggling for dominance at this level as DOGE went through consolidation. DOGE still trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as the price plunges from the upper boundary of the pattern. The Relative Strength Index (RSI) also trades within the neutral zone at 45, indic...