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Holesky launch: AVS’s begin testing restaker and operator rewards
6.6.2024
EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...
Coinbase introduces a new smart wallet
6.6.2024
Coinbase offers wallet service to its users. The platform is now aiming to revolutionize that service with the launch of a smart wallet. The goal is to support onboarding a billion users in the coming years. What makes Coinbase Smart Wallet a product to look out for are its features, like gasless...
VanEck revises ETH growth projection to $22,000
6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...
Cardano enters a new Argentine partnership; will ADA reach $0.5?
6.6.2024
Cardano recently shook the crypto market by signing an official partnership with Argentina. This development marks a major milestone for the country, which is trying to elevate its crypto sector. The announcement states that Rogelio Frigerio, the Entre Rios Province’s governor, joined hands with...
Ripple partners with Clear Junction to improve cross-border payments
6.6.2024
Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...
Stake BNB & FDUSD to farm AI power on Binance IO.NET launch
6.6.2024
Binance, a leading market for cryptocurrency trading, recently introduced its new product, IO.NET (IO), in a Launchpool section. It is Binance’s 55th project to be featured in this section. The pre-sale of IO tokens is also a good opportunity for users to acquire tokens before they can be traded...
Celebrity crypto projects: A Vitalik Buterin critique
6.6.2024
Vitalik Buterin, the Ethereum founder, recently talked about celebrity involvement in the crypto market. Several personalities have launched their crypto projects, but Buterin is not cheering them on. The founder went on to X/Twitter to express dissatisfaction with the star experimentation....
Ethereum (ETH) vs RCO Finance in a race for DeFi dominance: Which has the better odds?
6.6.2024
The Ethereum (ETH) DeFi sector has changed the finance industry, overhauling traditional systems and providing unparalleled accessibility to digital and physical financial services. In light of this transformation, numerous crypto projects are vying to contribute meaningfully to the DeFi...
The Incrypted team will host the Online Marathon 2024
6.6.2024
Online Marathon 2024 will take place from June 20 to 22. The event is part of the Ukrainian Blockchain Week event. Among the participants are representatives of Hacken, Near Protocol, Binance, Solana Foundation, 1inch, Polkastarter, Consensys and many other guests. The Online Marathon 2024 event...
Key Cryptocurrencies to consider for investment in 2024
6.6.2024
The world of cryptocurrency has become so dynamic that it can lead to numerous opportunities and threats for investors. Understanding the main digital currencies to think about when investing in the future years of 2024 is vital. This article looks at the critical developments currently underway...
Tether invests $18.75 million in XREX to enhance the online asset space
6.6.2024
Tether has invested $18.75 million in XREX Group to improve the overall online asset space and initiate global payments with USDT. In addition, Tether plans to introduce inventive innovative regulatory technology. For the uninitiated, Tether is known as the largest company in the online asset...
Polygon Labs announces acquiring Toposware
5.6.2024
Polygon Labs has announced acquiring Toposware. The objective is to pioneer the next wave of ZK technology. The blockchain research and engineering company has joined hands with Polygon Labs to help push the entire ZK community forward. This builds on the previous development wherein they announced...
Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months
5.6.2024
The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...
CU, together with MiL.k, unveils their metaverse game Play CU X MiL.k
5.6.2024
CU and MiL.k deliver their metaverse game Play CU X MiL.k within The Sandbox, connecting the space between Web2 and Web3. For the uninitiated, CU is a top-of-the-line departmental store based in South Korea, whereas MiL.k is basically a blockchain-oriented loyalty incorporation platform. Through...
Shytoshi Kusama hints at upcoming developments in Shiba Inu
5.6.2024
Shytoshi Kusama, a pseudonym Founder of Shiba Inu, has hinted that developments are underway as he returns from the Middle East. He published a post on X and expressed his satisfaction of spending time in the region. The Shiba Army is speculating that it is because partnerships, collaborations,...
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...
Worldcoin’s Spain prohibition prolonged until 2024
5.6.2024
Worldcoin’s Proof-of-Humanity project will soon halt operations in Spain, and the German business organization entrusted with analyzing Worldcoin’s compliance with the European Union’s data protection rule is auditing the project. Sam Altman, the Chief Executive Officer of OpenAI, is...
Galaxy Digital loans multimillions against tokenized Stradivarius violin
5.6.2024
The co-founder of Animoca Brands purchased the violin at an auction for over 9 million dollars. According to the Animoca cofounder, it is just the beginning of a journey for Empress Caterina and special real-world assets. The Vice President of Galaxy Digital said that tokenization of physical...
Bitcoin short-term holders amass over 1 million BTC in six months
5.6.2024
In a remarkable shift within the cryptocurrency market, short-term Bitcoin holders have increased their holdings by over 1 million BTC in the past six months. This substantial accumulation reflects a growing confidence among newer investors and highlights the dynamic nature of Bitcoin ownership...
BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum
5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...