• A rug pull in cryptocurrency refers to the abrupt and deliberate abandonment of a startup by project developers after gaining the trust of investors. • Criminals make use of marketing capabilities of social media by launching a buzz-worthy and hype-filled promotional campaign in order to entice a community of investors. • According to Chainalysis, …
Polkadot Merges XCM v3, Enabling Communication Between Blockchains
• Polkadot’s Cross-Consensus Message (XCM) version 3 was merged after 15 months of development. • XCM enables bridges, cross-chain locking, exchanges, NFTs, conditionals, and context-tracking. • XCM facilitates communication between networks with different consensus mechanisms, such as Bitcoin and Polkadot. Polkadot, the interoperable and heterogeneous blockchain ecosystem, has seen its Cross-Consensus Message (XCM) version 3 …
Binance Coin (BNB/USD) Recaptures Crucial Support, Sets Sights on $295
• Binance coin (BNB/USD) has recaptured crucial support at $266 after the latest crash. • The cryptocurrency was previously weighed down by adverse publicity. • A recovery above $266 sets BNB to the next resistance at $295. Binance coin (BNB/USD) has been on a roller coaster ride lately. After hitting a monthly high of $282 …
7 Best ICOs to Invest in Feb 2023: Discover Which Projects to Back!
• Best ICOs to Invest in February 2023 According to Reddit include Metacade (MCADE), VisaMetaFi (VISA), Heroes of Mavia (MAVIA), Wombat Exchange (WOM), CryptoCitizen (CCASH), ByePix (EPIX), and WeSendIt (WSI). • An initial coin offering (ICO) is a way for projects to generate funds to help get themselves up and running. • Investing in ICOs …
