Musk mentioned that "the actual total transactional throughput capability" of the crypto asset he is supporting "is much higher than Bitcoin."
Ripple Labs might be aiming to acquire the assets belonging to Celsius but it is not clear if the firm want to acquire the crypto lender itself.
Baby Doge teased that a major announcement will be released Wednesday.
Shibarium Beta Testnet would "coincide with the FUND TestNet upgrade."
The users of Solana-based Phantom wallet and Slope wallet have been drained of their funds due to an exploit implemented in an unknown way.
"Most of the time, it could be an exchange just transferring funds to alternative exchange wallets, or selling their assets to another platform or exchange," Milkshake said.
Tether has announced the launch of a new stablecoin called the GBP₮ which will be pegged to the British Pound Sterling in a 1:1 ratio.
"Despite our efforts, we’ve been unable to get the whale to reduce their risk, or even get in contact with them. With the way things are trending with the whale’s unresponsiveness, it’s clear action must be taken to mitigate risk," the proposal reads.
"Things are moving quite well on all fronts and over the next few weeks you will begin to see the things we've been working on come to fruition at, what looks to be, when Shib (and the world) needs it most," Kusama said.
Tesla CEO Elon Musk was one of the reasonns behind DOGE reaching its all-time-high in May last year.
Elon Musk has been sued for allegedly running a pyramid scheme in support of Dogecoin (DOGE) for $258 billion by a Dogecoin investor.
Major cryptocurrency volatility has hit stablecoins, typically considered the market's safer-havens, with investors pulling money out of the sector and several losing the peg to their underlying assets.
The first Ferrari F1 car equipped with a semi-automatic gearbox, the 1989 Ferrari 640, has been sold using the Himalaya Dollar (HDO), a stablecoin belonging to the Himalaya Exchange.
Institutional investors are gradually moving out of the crypto market as leading cryptocurrencies Bitcoin and Ethereum saw outflows of $57 million and $41 million. However, ADA, SOL, and XRP saw inflows this week.
The latest data from cryptocurrency aggregator CoinMarketCap revealed that $BONE saw a massive spike of 58% in its price over the past seven days.
Dogecoin's price rallied briefly following the announcement of Update 1.46.6's release.
Ryoshi earlier said that they will release the Shiba Inu stablecoin SHI when Shibarium rolls out.
The Dogecoin co-creator previously said 70% of crypto investors don't understand the fundamentals of how the industry or the market works.
Terra's new native token LUNA 2.0 is hit by wild volatility analysts have slammed the new cryptocurrency is "pure gambling."
Staying true to its promise, the team behind the meme coin gave approximately $400,000 to various dog rescue organizations earlier this month following the success of its Non-Fungible Token (NFT).
After the launch of LUNA 2.0, the token peaked at $19.53 but crashed 70% shortly after. LUNA 2.0 has been trading in the $4-$6 price range since then.
Elon Musk announced that Starlink would soon accept digital assets as a form of payment.
The Shiba Inu team might announce a new project that could be related to NBA or basketball.
Tether, the firm behind USDT stablecoin, has confirmed the launch of a new stablecoin pegged to the Mexican peso, MXN₮ as the firm plans to expand into the Latin American market.
The Terra "revival plan" moves forward following the end of voting among network validators.
While most of the cryptocurrencies continue to crash, Monero (XMR), Ethereum Classic (ETC), and Tezos (XTZ) have shown bullish potential.
"According to our partners at Xfund, we are weeks or a few months away," Kusama said when asked for the releae date of Shibarium.
The humble dog-inspired altcoin SHiba Inu has come a long way since it was launched in August 2020.
"We’ve never done anything shady and lived and breathed by what's best for this community for the last five years," Do Kwon said in a tweet.
Kusama did not share any details about what the team has planned for the community next week but they previously mentioned that the development team is simultaneously working on different projects.