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AltLayer introduces the second stage of ALT staking


AltLayer introduces the second stage of ALT staking, which will allow the dual staking function for users to stake ALT, along with ETH and LSTs. Dual stakers will come in for rewards from the forthcoming Xterio ecosystem rewards. MACH functions as an AVS, wherein users can allocate ETH and LSTs....

Meme coins take center stage: A look at this week’s crypto news


Q1 results show the meme coin frenzy Memecoins were determined to be the most profitable investments in Q1 of 2024, per a recent CoinGecko research. Memecoins have yielded remarkable returns, averaging 1,312.6%.  Notably, based on market capitalization, tokens from WIF, MEW, BOME, and other...

Fantom completes the initial stage for releasing its stablecoin UDDC.e


The Fantom Foundation has completed its first stage of introducing its stablecoin USDC.e, boosted by Wormhole, and is utilizing Circle’s bridged USDC standard. Initially, being a bridged USDC stablecoin from Ethereum (USDC.e), the token is now the stablecoin about the Fantom network. The initial...

Galaxy Digital to create a $100M fund for early-stage crypto firms


Galaxy Digital, a prominent player in cryptocurrency and blockchain investments, has unveiled plans to launch a $100 million fund to back early-stage crypto companies. With this move, Galaxy Digital is demonstrating its belief in the potential for new ventures within the quickly developing digital...

Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade


The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network...

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