Tag: blockchain

DeFi's $48B Plunge: Is This the End of the Meme Coin Era?

DeFi's $48B Plunge: Is This the End of the Meme Coin Era?

Alright, fam, let's get real. Remember when Dogecoin was all the rage? Like when your uncle, who still thinks Internet Explorer is the future, was all of a sudden a crypto expert. Good times. Or were they? The DeFi market plummeted by $48 billion recently. Ouch. And while the crypto...

DeFi's $48B Loss A Wake-Up Call For Responsible Innovation

DeFi's $48B Loss A Wake-Up Call For Responsible Innovation

Remember Tamagotchis? Those annoying little digital pets that required your undivided attention, or else they’d… “perish” or something. We all learned a serious lesson about accountability from those 8-bit monsters. Now, I observe a variant of this same dynamic playing out in the DeFi universe. The last $48 billion decrease...

NFTs Are Back, Baby! Trump's SEC Just Saved the Metaverse

NFTs Are Back, Baby! Trump's SEC Just Saved the Metaverse

Think about the joy you felt when grandma learned to use Facebook. So yeah, that’s basically how I’m coming down on the SEC these days. Except instead of just scrolling past cat pictures, they’re…well, un-liking lawsuits against the entire NFT space. And let me tell you, it’s about damn time.From...

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

Remember Doge? Recalibrate your outlook just a little and do you all remember when everyone thought crypto was a temporary bubble, a digital tulip mania? So grab your popcorn and get ready! Yemen is adding another chapter to the ongoing history of crypto. We know, it sounds crazier than a...

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Meanwhile, financial sanctions and conflict are devastating Yemen’s economy. Consequently, average individuals are seeking the safety and flexibility of decentralized finance (DeFi) as a major institution alternative to traditional banking systems. The US administration has reinstated the Houthis’ designation as a Foreign Terrorist Organization (FTO), which has led to increased...

Base's $15M Memecoin Meltdown: Rug Pull or Growing Pains?

Base's $15M Memecoin Meltdown: Rug Pull or Growing Pains?

The memecoin world is a bit of the wild west, if you will. It’s a new digital frontier where billions can be made, or wiped out, in an instant. Recently the Base blockchain—Coinbase’s new layer 2 blockchain—was the scene of a very different but equally hilarious saga. A memecoin that...

"Base is for Everyone" Token Plunges 90% in Apparent Rug Pull

"Base is for Everyone" Token Plunges 90% in Apparent Rug Pull

The new cryptocurrency token called “Base is for everyone” experienced an astronomical crash. In fact, within a mere 20 minutes its value crashed by almost 90%. The incident has been a lightning rod for controversy and raised alarms over possible rug pull scams in the decentralized finance (DeFi) arena. The...

Is the FBI Crypto Crackdown a DeFi Wake-Up Call?

Is the FBI Crypto Crackdown a DeFi Wake-Up Call?

The FBI's pursuit of $35 million in stolen Bitcoin, linked to the Bybit hack and allegedly laundered through eXch, isn't just another crypto crime story. This predicament puts the toxic side of DeFi in the spotlight. It is all an important intervention for an industry confused about itself and its...

Base's $15M Rug Pull: Was Coinbase Asleep at the Wheel?

Base's $15M Rug Pull: Was Coinbase Asleep at the Wheel?

Excited about the launch of “Base is for everyone”? It was meant to be this really funny, joke-y, self-aware meme coin, a big middle finger to the seriousness of crypto. I saw it, chuckled, and thought, "Okay, this is Web3 absurdity at its finest." Then, BAM! $17 million market cap...

Base's Rug Pull: A Wake-Up Call for DeFi's 'Inclusion' Promise?

Base's Rug Pull: A Wake-Up Call for DeFi's 'Inclusion' Promise?

I remember Sarah. A smart, bright-eyed single mom I met at a community workshop on financial literacy. Eager to learn and explore, she jumped into the deep end of DeFi. The lure of one click away high returns and financial independence was a fire in her belly. She envisioned it...

Further Reading

Murakami's Flowers Bloom on Base: Art & Web3 Collide!
Murakami's NFTs: 5 Reasons Why Art World Elites Are Terrified
Oh Whale's NFTs: Saving Oceans or Just Another Hype Train?
Oh Whale Debuts NFT Collection to Benefit Ocean Conservation
Oh Whale NFTs: Dive In & Protect Our Oceans!
Shiba Inu's L3 vs. WeWake's Walletless L2: Meme Coin Civil War?
Beyond the Hype Did BlockNews' Party Unlock Sustainable Web3 or Just Another Crypto Fad?
5 Hilarious Reasons Your Grandma Will Be Using Crypto Next Year