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The Shiba token went up 70% in an hour after Elon Musk tweeted about a puppy 😹
Tesla CEO Ilon Musk wrote on Twitter that he was looking out for a Shiba Inu puppy. Following Musk's post, the value of an altcoin named Shiba Inu rose 68% in an hour, according to CoinGecko.
The billionaire responded to Hiro Mizuno, the UN special envoy for innovative finance and sustainable investment. He noted that it's okay if traders choose to trade Dogecoin for the short term. According to Mizuno, Shiba Inu pu
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Amazon has offered cloud mining services for Chia cryptocurrency 👁
Technology giant Amazon has introduced a solution for mining Chia cryptocurrency on its Amazon Web Services (AWS) cloud computing platform.
In a quick guide, the company talks about the specifics of mining Chia and offers several options for using their cloud system for this purpose:
Amazon Elastic Compute Cloud computing resources, which have a large amount of memory and a high-frequency processor;
Amazon Elastic Block Store
@incoin_eng
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Chia Coin fell 65% in three days 🤒
The value of the cryptocurrency Chia Coin fell by 65% since the listing of the token on the cryptocurrency exchange OKEx. Trading of the digital coin on the site began on May 3. The starting price of the asset was $1,700. On the first day of trading, quotations reached $2,500 and also fell to a minimum of $450. As of 15:40 Moscow time on May 6, Chia Coin was trading at $593.
Earlier, miners triggered a shortage of HDDs and SSDs in Hong Kong before the launch
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Dogecoin crashed India's largest crypto exchange 🙀
India's largest crypto exchange by trading volume, WazirX, was powerless in the face of a powerful surge in demand for Dogecoin.
Between May 3 and 5, global trading volumes of Dogecoin (DOGE) tripled and exceeded $42 billion. As Nishal Shetty, founder and CEO of WazirX cryptocurrency exchange, explains, this caused the platform to crash and eventually bring it down. The system simply viewed the spike in trading volumes as a cyberattack.
"On
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Former U.S. treasurer joins Ripple board 😅
Ripple has added former U.S. Treasurer Rosie Rios to its board of directors. In a statement, Ripple CEO Brad Garlinghouse says she provides an "invaluable perspective" to his company:
Rosie's experience in the public and private sectors gives Ripple an invaluable perspective, especially at a time when the industry is working to define the future of cryptocurrency.
Rios will replace SBI Holdings CEO Yo^aka Kitao, who quietly left the board in March
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Cardano betting launches on Kraken Exchange 📶
According to the exchange, ADA Staking was launched on Tuesday.
Users can access the betting option in their Kraken Staking Wallet after it launches at 9 p.m. UTC on Tuesday.
According to Kraken, those who bet on ADA are offered a reward of 4-6%.
Payouts are to be made on a regular weekly basis and are currently available for Starter, Intermediate and Pro account levels.
Cardano is built with a proof-of-ownership mechanism, giving developers the
@incoin_eng
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Dogecoin renews highs 🐕
Today, May 4, Dogecoin updated its all-time high at $0.495. As of 13:15 MSK, the altcoin price is $0.484. For the past 24 hours, it has risen by 26%.
The market capitalization of the project reached $62.9 billion, which is higher than that of stabelcoin Tether ($52.3 billion), as well as companies Ford and Twitter ($45.1 billion and $43.1 billion respectively).
The cryptocurrency's value is rising amid the announcement of trading platform eToro, which announced on May
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Vitalik Buterin became the youngest crypto-billionaire 🙀
The fortune of Ethereum creator Vitaly Buterin exceeded $1 billion, according to Forbes. Thus, 27-year-old Buterin became the youngest billionaire in the world, who earned his fortune on the cryptocurrency.
On May 4, the price of ether exceeded $3,000 for the first time in history. This brings the fortune of Buterin, who owns 333,520 coins, to $1.09 billion. It has grown almost 25 times since the beginning of 2020.
Ether is rising in
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Taproot update activation started on bitcoin network ♻️
Bitcoin mining pools may signal support for the Taproot update after the re-calculation of mining difficulty on block #681 408 on Saturday, May 1.
Miners who support the update will begin including special data called a "signal bit" in the mined block. SlushPool was the first to do this.
The developers included the Speedy Trial update activation method in the Bitcoin Core 0.21.1 release, which was released on May 2.
The mechanism involv
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Ether surpassed Bank of America in terms of market capitalization ⏫
Ether (ETH) continues to strengthen its position in the market, the altcoin was able to break above $3000 the day before.
On Monday, May 3, the exchange rate of ETH rose by more than 10% and reached $3180. The value of the whole ether rose to $359.396 billion today.
The altcoin has surpassed Bank of America in terms of capitalization. That U.S. bank is valued at $347.3 billion, according to the Infinite Marketcap website. Not
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