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Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round
26.2.2024
The funds will be used to build out its three core products, "Avail DA," "Nexus," and "Fusion Security."
Helium’s HNT Price Drops 5.3% Amid Buzz Around Sponge V2 Launch on Exchanges
26.2.2024
In a move sending shockwaves through the DePin markets, the decentralized Internet Of Things network Helium has seen a shocking -5.3% price drop in 24 hours. This article will analyze HNT’s current price trends and look to see whether a newer meme coin, SPONGE V2, represents a more promising...
Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave
23.2.2024
Avalanche, a layer-1 network, has encountered a block production failure lasting nearly two hours, as reported on its status page.
The post Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave appeared first on Cryptonews
Layer-1 Network Flare Raises $35M From Kenetic, Aves Lair
23.2.2024
Flare blockchain has raised $35 million in a private round that included investment from Kinetic, Aves Lair and others, according to a press release
Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%
22.2.2024
Top meme coin Sponge now has more than $10.18 million staked and bridged after announcing the launch of the V2 Polygon network version of the coin at the beginning of this month.
The post Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%...
Paris Saint-Germain Partners with Chiliz Chain as Blockchain Validator
22.2.2024
French soccer powerhouse Paris Saint-Germain (PSG) has announced its foray into blockchain validation by becoming a network validator for the Chiliz Chain blockchain, which hosts its PSG fan tokens.
The post Paris Saint-Germain Partners with Chiliz Chain as Blockchain Validator appeared first...
Kaidro Universe merges with Ronin Network
22.2.2024
Ronin Network has merged with Kaidro, an expansive platform that is essentially saturated with webcomics, games, and animation, among other things. Kaidro originated as a highly regarded online comic and now offers a substantial multimedia platform for engagement. The production studio Gadget-Bot...
Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks
22.2.2024
S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network's concentration issue by centralizing staked tokens among a few providers.
The post Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks appeared first...
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
22.2.2024
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.
The post Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board appeared...
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
Why Circle's USDC Is Quitting the TRON Network
21.2.2024
It could be part of a long-time realignment separating compliant and gray-market crypto, says Daniel Kuhn
Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know
21.2.2024
On February 21, popular Bitcoin maximalist Fred Krueger issued a stark warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence amid growing competition in decentralized finance (DeFi).
The...
Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers
21.2.2024
Former Celsius Network’s CEO Alex Mashinsky has waived his right to potential conflicts of interest that may arise from choosing similar legal representation as Sam Bankman-Fried.
The post Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers appeared first...
Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop
21.2.2024
The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain.
The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews
Smart Contracts Go Live on Stellar, Kicking Off a “New Era” for the Network
21.2.2024
The Stellar Development Foundation (SDF) has announced the successful deployment of smart contracts on the network, a development they believe will revolutionize their tech stack.
The post Smart Contracts Go Live on Stellar, Kicking Off a “New Era” for the Network appeared first...
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
21.2.2024
Circle cited its “risk management” framework as part of the decision, among other factors
Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate
21.2.2024
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets....
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance
20.2.2024
On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from...
How To Watch Tomorrow’s Nintendo Direct—And What To Expect
20.2.2024
Nintendo has just sprung a Nintendo Direct on everybody, and as is custom, it’s just around the corner. And by that I mean it’s tomorrow morning. The next Direct airs on February 21 at 6:00 a.m. PT / 9:00 a.m. ET. At 25 minutes, this Direct won’t be the longest ever, but it is sizable enough that...