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Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
14.8.2024
Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem
Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees
23.7.2024
One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
28.5.2024
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum
Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision
24.5.2024
The SEC has given the go-ahead to eight spot Ethereum ETFs, marking a major development for the cryptocurrency market. The decision, which includes approvals for industry giants like BlackRock and Fidelity, comes after a period of uncertainty regarding the SEC's stance on Ethereum-based ETFs.
The...
GME Meme Coin Skyrockets as ‘Roaring Kitty’ Returns, Dog Meme Coin on the Radar Next
14.5.2024
Ethereum-based meme coins are bullish again, energized by the return of Roaring Kitty, the trader known for sparking the GameStop frenzy. One such ETH-based coin is GME, which is currently experiencing a surge and analysts are now predicting that another token could be the next to make headlines....
Dogecoin20 Hits Uniswap, Rallies Over 100% In First Hour
18.4.2024
A new Ethereum-based Dogecoin alternative, Dogecoin20 (ticker: DOGE20) rallied over 100% less than an hour after landing on leading decentralized exchange (DEX) Uniswap. The frantic buying activity was driven largely by anticipation for Saturday, April 20, 2024, a day earmarked by the crypto...
EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements
17.4.2024
Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security.
The post EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements appeared first on Cryptonews
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
Ethereum-based loans witness increased liquidation in April
15.4.2024
In the initial two weeks of April, Ethereum-based loans witnessed growing liquidation, whereas crypto prices made a reasonable comeback after a very recent selling-off. In the case of Ethereum, it seemingly encompasses almost the entire lending scenario. As per The Block’s data dashboard, almost...
Crypto Meme Coin Prices Flash Crash, But Dogecoin20 Raises $1 Million in 48 Hours
18.3.2024
Meme coin prices have taken a hit over the weekend, yet new Ethereum-based token Dogecoin20 has raised almost $2 million in its presale.
The post Crypto Meme Coin Prices Flash Crash, But Dogecoin20 Raises $1 Million in 48 Hours appeared first on Cryptonews
The Next Shiba Inu and Dogecoin? New Crypto ICO Dogecoin20 Could Make Meme Coin Millionaires
15.3.2024
New Ethereum-based meme token Dogecoin20 (DOGE20) has passed the $240,000 mark in its presale, with the coin's innovative take on Dogecoin-related memes quickly winning over investors.
The post The Next Shiba Inu and Dogecoin? New Crypto ICO Dogecoin20 Could Make Meme Coin Millionaires appeared...
Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract
29.2.2024
The token for the layer-1 blockchain Shido has plunged 85% after the project's Ethereum-based staking contract fell victim to an exploit.
The post Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract appeared first on Cryptonews
ENS Partners Godaddy to Link Domains and Web3 Addresses
7.2.2024
Ethereum Name Service (ENS), a Web3 service provider, and Godaddy, a domain and web hosting company, announced they are partnering to link domains with Web3 addresses. The link between current internet domains and Ethereum-based domain services will allow users to leverage their current domain...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
Unibot Drives Token Value Higher by Distributing 80% of Solana-based UNISOL to UNIBOT Holders
29.1.2024
Trading application Unibot has announced the issuance of a native Solana ecosystem token, UNISOL, causing a stir in the market and triggering volatile price action last week. The move, which initially met criticism from long-time UNIBOT holders, is intended to accrue value back to the holders...
Is Binance Coin About to Crash? BNB Price Turns Red as Ethereum-Based Bitcoin Mining Protocol Raises $9.2 Million
25.1.2024
Binance coin has turned red as BNB tumbles away from double-topped resistance, but with price heading south is Binance Coin about to crash? Find out in this BNB price analysis. Indeed, this downside move comes despite bullish developments on-chain for Binance Coin, with yesterday witnessing...
Uma’s Latest Innovation Ova Promises Fairer Profit Distribution in Defi
25.1.2024
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits. Oval Launch by Uma Aims to Redistribute Profits Back...
Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims
18.1.2024
Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...
Ethereum Price Prediction as Billionaire Larry Fink Sees ‘Value’ in an Ethereum ETF – $10,000 Incoming?
13.1.2024
Ethereum’s price prediction is garnering increased attention following BlackRock CEO Larry Fink’s endorsement of the potential in Ethereum-based exchange-traded funds (ETFs). In a recent CNBC interview, Fink acknowledged the value of an Ethereum ETF, signaling a significant shift...
Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked
10.1.2024
Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...