Crypto Oracle, Author at Cryptotimes Africa

News

Inside Shibarium’s Launch Hiccups: How the SHIBarmy Battled Unprecedented Traffic Surge

by Crypto Oracle August 17, 2023

The highly anticipated Shibarium launch proved that no amount of preparation can truly brace a project for the unanticipated strength and fervor of its community. This comes after huge traction caused a storm amid the Shibarium launch, fuelling wild speculation on crypto twitter…

News

Arbitrum Will Unlock $1.2B ARB in March 2024: Token Unlocks

by Crypto Oracle August 16, 2023

On March 16, the layer 2 scaling solution will unlock a massive 1.11B ARB tokens. Ethereum layer 2 scaling solution Arbitrum will release over $1 billion worth of ARB tokens in March next year, kicking off a four-year period of staggered unfreezing…

News

Binance Connect to Cease Operations on August 16 – What’s Going On?

by Crypto Oracle August 16, 2023

As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16. The same day, the decentralized BNB Chain exchange known as Biswap posted a tweet…

News

Former US President Donald Trump Holds Around $500,000 In Digital Assets

by Crypto Oracle August 14, 2023

A new financial filing reveals that former United States President Donald Trump holds between $250,000 to $500,000 in digital assets. The filing submitted to the Office of Government Ethics (OGE) showed a list of assets from various sources belonging to the ex-President. An item…

News

Coinbase CEO Acknowledges User Concerns and Vows to Enhance App Experience Amidst On-Chain Activity Surge

by Crypto Oracle August 14, 2023

Coinbase CEO Brian Armstrong acknowledges that the surge in on-chain activities on the new layer-2 network Base has revealed significant flaws in the user experience of the Coinbase app and is committed to enhancing it. In an August 13 Twitter post, Armstrong pointed out…

News

Researchers Deploy AI to Uncover Crypto Giveaway Scam Schemes on Twitter

by Crypto Oracle August 13, 2023

Researchers at San Diego State University have developed an artificial intelligence (AI) system to detect and expose cryptocurrency giveaway scams on Twitter. Dubbed GiveawayScamHunter, the automated system has identified a staggering 95,111 scam lists created by 87,617 accounts on the social media platform between June 2022 and…

Coins

Shiba Inu, Pepe Pump 8%, Which Meme Coins Are Next – Trader Price Predictions

by Crypto Oracle August 12, 2023

Shiba Inu and Pepe are both up 8% in the past 24 hours, outperforming the wider crypto market which is slightly in the red after news broke yesterday of the SEC delaying its decision on the Ark Bitcoin ETF. Some prominent analysts have noted…

News

Base Is Here, But Some of Its Projects Raise Red Flags

by Crypto Oracle August 12, 2023

This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools. NFT collection Y00ts stirred controversy…

Industry News

Bank of America Says PayPal’s Stablecoin Will Not Record Significant Adoption In The Coming Months

by Crypto Oracle August 11, 2023

A new report by the Bank of America suggests that PayPal’s new stablecoin, PYUSD will not record the projected adoption in the near term citing tougher competition and indifference of investors. Per the report, the launch of the new stablecoin by the…

News

Sam Bankman-Fried Jailed Ahead of Trial

by Crypto Oracle August 11, 2023

Bankman-Fried was accused of leaking former Alameda Research CEO Caroline Ellison's diary to the New York Times. NEW YORK — FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked…