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Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak
14.5.2024
The number of new Runes etched on Bitcoin daily has experienced a drastic decline, falling below 250 for the past six days.
The post Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak appeared first on Cryptonews
Runes protocol sees significant decline in activity
12.5.2024
Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline
BlockDAG’s X1 app June 1st launch to take the lead in crypto mining innovation, surpassing Near Protocol and Aptos
12.5.2024
Are you looking to transform your smartphone into an efficient crypto-mining device without draining its battery or consuming excessive data? Look no further than BlockDAG and its pioneering X1 app, setting new standards in the crypto mining industry. As the beta release on June 1st draws near...
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
zkSync Protocol Upgrade V24 to benefit builders and users
10.5.2024
zkSync Era is undergoing an upgrade and has some great news for users and builders. Following its most recent upgrade (VM version 1.4.2, Protocol version 22), which introduced EIP-4844 support and significantly decreased our fees by a factor of 10, now is the opportune moment to introduce some...
Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin
9.5.2024
Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin.
The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews
Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market
9.5.2024
Blockdaemon, a crypto infrastructure provider, said it is adding Liquid Collective's ecosystem to its platform, this in turn will allow its developers to contribute to the ETH liquid staking protocol.
The post Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market...
Cryptic NEAR Protocol X Posts Raise Hack Suspicions
9.5.2024
Morse code, cryptic messages, and a redesign of Near Protocol's Official X profile have left users concerned that they have been hacked.
The post Cryptic NEAR Protocol X Posts Raise Hack Suspicions appeared first on Cryptonews
NEAR Protocol’s Fast Finality Layer gets testnet launch
9.5.2024
The NEAR Protocol, a blockchain platform designed to enable decentralized applications and scalable solutions, has achieved a significant milestone with the launch of its Fast Finality Layer on testnet. This development marks a crucial step forward in NEAR’s mission to provide a robust...
Protocol Village: Gnosis Inks Strategic Partnership with Zeal, Invests $2M
9.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15
Near Protocol ‘darkness’ and ‘sovereignty’ tweets raise hack suspicion
9.5.2024
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
8.5.2024
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's
DeFi lending protocol Nexo allocates $12M for ecosystem incentives
8.5.2024
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform
First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’
6.5.2024
Obligate has issued bonds using the Polygon blockchain without the involvement of any banks. Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds. Muff Trading AG used the Obligate marketplace to tokenize bonds. The size and terms...
Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier
6.5.2024
Web3 cross-chain protocol Axelar has announced over 60 chains including Stacks, Moonriver, Hedera Network and Iron Fish have joined a devnet-phase pilot of Interchain Amplifier.
The post Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier appeared first...
Justin Sun’s huge deposit of $376m wins Liquid Restaking Protocol
6.5.2024
The founder of Tron, Justin Sun, made a groundbreaking improvement in the cryptocurrency world when he transferred a large number of tokens with a base for Ethereum to the L2 protocol of the Swell network. The blockchain trail indicated that Sun’s wallet deposited 120,000 eETH into...
STYLE Protocol Building to Empower Gamers Closes $2.5M Seed and Lists Token on Major Exchanges
6.5.2024
PRESS RELEASE. MAY 6, 2024 — Switzerland. STYLE Protocol, which transforms NFTs into 3D assets that can be used in any game or metaverse, has listed its native utility token on major exchanges. The cutting-edge digital asset — $STYLE — made its debut on Bitget and MEXC, and is also available on...
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
5.5.2024
According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving...