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In an exciting move towards transparency and community involvement, Coinbase’s layer-2 network, Base, has declared the release of its code repositories and smart contracts to the public. This open-sourcing initiative aims to foster a more diverse and dynamic development environment. As of October 19th, Base is extending a warm welcome to developers, granting them full access to the network’s codebase. By making their work available for all to see, Base intends to enable the community to monitor their progress and ensure their commitment to the project. Base believes that open-source practices create a mutually beneficial landscape for the crypto ecosystem. They acknowledge that when builders have access to a treasure trove of knowledge, they can build upon existing work, inspiring further innovation in the field. The decision to open-source their code is rooted in the desire to provide developers with an unprecedented level of transparency into the project’s develo...

This week has witnessed an astounding rally in the COMP price, defying the prevailing bear market sentiment. Over the past seven days, COMP has surged by more than 22%, solidifying its status as a top-performing CRYPTOCURRENCY . Nevertheless, despite this remarkable gain, an analyst believes the rally still has significant room to grow. COMP Price Chart Shows Promise In a particularly bullish analysis, a pseudonymous analyst known as MyCryptoParadise on TradingView has proposed that COMP could rise by another 50% from its current levels. The foundation for this optimistic outlook lies in a double-bottom pattern that emerged between August and September. MyCryptoParadise points to a previous instance when a similar double-bottom formation occurred in June, leading to a 269% surge in COMP’s price. Extrapolating this historical pattern to the current situation suggests a potential price increase ranging from 65% to 80%. “In the event of such a breakout, we anticipate a r...

The price of Shiba Inu dipped to $0.000000000082 in September 2020. However, by October 2021, the same meme coin had reached its highest-ever value of $0.00008616. If someone had invested $1,000 in SHIB in 2020, what would that investment be worth today? Also Read: Shiba Inu: SHIB Could Easily Reach $0.01 if This Happens Analyzing a $1000 investment made in 2020 The network was determined to distance itself from being labeled as a “meme coin,” which led to the introduction of Shibarium. Although the layer-2 network generated considerable excitement, it did not succeed in elevating the value of the meme coin. Nonetheless, there is optimism for the asset to reach a set of significant price-related milestones in the near future. Shiba Inu was initially introduced with a starting price of $0.00000001009, but it subsequently experienced a significant decline, reaching an all-time low of $0.000000000056 in November of that year. At the time of writing, SHIB is currentl...

South Korea is getting ready to upgrade its cyber security to stop North Korean cyber attacks, especially those involving crypto currencies. Local reports indicate that high-ranking government officials view crypto as a crucial facilitator of Pyongyang’s illicit weapons programs, highlighting a perceived lack of vigilance in this regard during the previous administration. The forthcoming legislation seeks to counteract the exploitation of digital assets acquired by North Korean hackers. This is an addition that was absent from the draft initially proposed by the National Intelligence Service (NIS) in the previous year. Intelligence reports reveal that North Korean hackers managed to pilfer $1.28 billion worth of coins in 2022, employing tactics such as ransomware, scams, fraud, and various cyberattacks. This underscores the critical urgency for implementing robust countermeasures. You might also like: Stolen crypto from Atomic Wallet traced to North Korean-linked Mi...

Over the past few days, the king coin experienced a substantial decline from a peak of $29,650 to a low of $25,696. Now, Bitcoin’s daily Relative Strength Index [RSI] has descended into an oversold region. It is notable because the last time Bitcoin reached this level was during the COVID-19 pandemic in March 2020. Source The crypto currency community has taken notice of the recent decline in Bitcoin’s daily RSI below the threshold of 20. RSI is a commonly employed indicator. It gauges the velocity and alterations in price shifts. Its scale spans from 0 to 100, where readings surpassing 70 often signal an overbought situation, while readings beneath 30 indicate an oversold state. Throughout history, instances of extreme oversold conditions have frequently come before substantial price recoveries. This has further sparked conversations about the potential for a bullish turnaround in the upcoming weeks. ‘Fear’ haunts the Bitcoin market It looks like al...

Shiba Inu has emerged as one of the most popular cryptocurrencies over the past year. With early SHIB investors bagging millions of dollars in profits, investors are flocking in, hoping they will be the next. The one-cent dream of SHIB has also been like a vision for the Shiba Inu community. The $0.01 benchmark will likely change the lives of hundreds of early investors. SHIB is trading at $0.0000112 at press time, with a 0.93% drop in value over the last 24 hours. Also read: A Polygon Fork of Uniswap May Save You Money on Gas Fees Even though the meme coin is 87.34% down from its all-time high, the ROI that the early investors enjoyed is 694220.82%. Will SHIB ever make such a comeback? Source: Crypto News Shiba Inu: What’s cooking? Even though the meme coin is not in its best shape at the moment, the team has been working on numerous developments. With the expectation of the upcoming Shibarium launch and various other developments, there is room for greater growth fo...