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IO.NET ($IO) soars 47% in 24 hours after Binance listing

13.6.2024
IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th.  Investors gained 47% in only 24 hours. On June...

Bitcoin market shows resilience despite miner capitulation

13.6.2024
Bitcoin Halving happened a couple of months ago. It reduced the supply of Bitcoin ($BTC). Thereby making the token expensive for the community and reducing mining requirements for miners. Also, the Halving event slashed rewards for miners to bring down their profitability. This led to miner...

DOMANI connects with Chainlink CCIP, and price feeds

13.6.2024
DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit USD value balances. Chainlink will be responsible for releasing institutional use cases for their protocol.  DOMANI, on its part, is...

Circle advances its Web3 solutions to assist Solana blockchain

13.6.2024
Circle has advanced its platter of Web3 solutions for the benefit of the Solana blockchain and is creating an all-inclusive platform for developing and introducing on-chain applications targeting builders and various business verticals. Beginning with programmable wallets and gas hubs on Solana...

Zimbabwe seeks public input to shape crypto regulations

12.6.2024
In a news release by Bloomberg, Zimbabwe has declared its agenda to embark on consultation on the functioning of cryptoassets. This move comes when the government puts measures to regulate this sector. In a statement published in the state-owned Herald Newspaper, all players in the cryptocurrency...

Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet

12.6.2024
The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services.  OP Labs, the firm responsible for building the Optimism protocol,...

Lido announces a partnership with Mellow Finance

12.6.2024
Lido has announced a partnership with Mellow Finance. The objective is to provide the holders of staked ETH (stETH) access to advanced DeFi vaults. The partnership also includes an association with Symbiotic. The partnership aligns with Lido’s mission to enter the Ethereum restaking space...

Burn rate of Shiba Inu (SHIB) soars to more than 3000%

12.6.2024
The burn rate of Shiba Inu has surpassed 3000% as of June 12, 2024. The 24-hour duration saw more than 232 million SHIB tokens being incinerated. Shibburn’s data revealed that the burn rate was up by 3010.53% to eliminate 232.64 million tokens. The move positively influences the price of $SHIB...

MEW places itself as a competitor for SHIB and DOGE

12.6.2024
Dubbed as cat in a dog’s world, the MEW token is poised to eventually dethrone the likes of Shiba Inu ($SHIB) and Dogecoin ($DOGE). The Solana cat meme coin has established itself as a competitor based on its characters, supporting characters, and storyline. The community believes that dog-themed...

Mint Blockchain comes out with its much touted Mint Fast bridge

12.6.2024
Mint Blockchain unleashes its much discussed Mint Fast bridge, through which it will be possible for users to shift assets with all beneficial facilities thrown in. These include undisputed acceleration, cost-effectiveness, and all safety aspects intact.  Created for rendering service to lesser...

Vertex goes live on Mantle, boosting DeFi speed and efficiency

12.6.2024
The release of Vertex on Mantle, a layer-two rollup solution for Ethereum, marks a significant advancement in the field of blockchain and decentralized finance. It is anticipated that this integration will result in a positive impact on the DeFi industry by increasing the speed of transactions...

Massive increase in US spot Bitcoin ETF outflow

12.6.2024
The American spot Bitcoin exchange-traded funds scored gross outflows of $200 million yesterday. The new development happens when two key economic events from the US are anticipated: the FOMC conference and the consumer price announcement. There has been a remarkable increase in US Spot Bitcoin...

Astar Network releases dApp Staking v3-compatible Astar Native Ledger app

12.6.2024
The investor community, which is passionate about enjoying Ledger’s security, can choose the Astar Native Ledger App. It will make the experience of using dApps more fruitful and enticing to the large customer base. Astar is a proponent of innovation in the dApp staking space, which makes...

API3’s oracle stack accessible on inEVM connecting dAPIs

12.6.2024
API3’s oracle stack is now accessible on inEVM, with builders gaining from connecting with decentralized data feeds (dAPIs) and the upcoming OEV network. The data feeds are boosted by oracle nodes, run by data suppliers.  Through the introduction of OEV network protocols utilizing decentralized...

BNB rebounds from 2023 lows with record highs

12.6.2024
Within a year of settling with the US Department of Justice, BNB has managed to reach its all-time high. The native token of the Binance exchange recently hit the $700 mark. At the start of the year, Binance was worth $312. The coin rallied to $600 in mid-March, thanks to improving crypto market...

Creo Engine announces a partnership with Wormfare

12.6.2024
Creo Engine has announced a partnership with Wormfare. The goal is to target Web2 and Web3 gaming in order to broaden the audience. Moreover, Creo Engine is onboarding Web2 developers who are looking to make a breakthrough in Web3. Wormfare has been chosen for its capability to revolutionize...

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