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Concerns remain over buying Bitcoin amid fear of inflation elevation

14.6.2024
The demand for Bitcoin via Spot ETF is fluctuating. This stems from the fear of inflation elevation despite the number indicating a soft decline in May 2024. The inflation figure for the US in May stands at 3.3%. Economic projections estimate that the number may go further down but the pace will...

Solana introduces its scaled version of Solana Pay for Shopify

14.6.2024
Solana has delivered its scaled version of Solana Pay plugin, boosted by Helio and targeting Shopify, with added features for more convenient processing of payments. Over and above that, is the introduction of attractive loyalty schemes, along with a simplified way of connecting with one’s Shopify...

LayerZero to launch on BounceBit with innovative CeDeFi features

14.6.2024
LayerZero Labs has recently revealed a major advancement in its technology: It is planned to be merged into BounceBit, an experimental BTC restocking service, shortly. BounceBit desires to integrate the benefits of both DeFi and CeFi platforms, which will enable users to access DeFi products while...

Binance Labs & BNB Chain announce BIA to promote Blockchain innovation

14.6.2024
Binance Labs-supported blockchain project BNB Chain announced the BNB Incubation Alliance (BIA) launch, pledging to assist early-stage blockchain projects. The alliance is a global movement that unites the top VCs, incubators, and developer groups worldwide for a 48-hour virtual event....

Suku partners with Chainlink BUILD to expand Blockchain payment solutions

13.6.2024
Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will...

Shiba Inu poised for major bull run, predicts crypto analyst Coach K

13.6.2024
A recent survey on social media platform X revealed that Coach K, a cryptocurrency expert and technical analyst based in Bangkok, expects a bright future for Shiba Inu (SHIB). This meme coin is anticipated to begin a major uptrend soon. This forecast comes at a crucial time for SHIB since...

Bitcoin whales stir markets as prices swing around $70K

13.6.2024
In such a turbulent week for the global cryptocurrency market, there was a brief moment when Bitcoin (BTC) tried to rise above the $70K level. This was due to a lower-than-expected Consumer Price Index (CPI) and some signals of falling inflation rates. However, after achieving such high levels...

Mountain Protocol’s conventional USDM gets activated on Arbitrum

13.6.2024
Mountain Protocol positions and activates its conventional USDM on Arbitrum, an initial certified and permissionless stablecoin. It has the complete support of the US Treasuries and provides an APY of 5% via daily rewards.  This will enable the Arbitrum community to connect with a simplified...

Terraform Labs settles SEC charges for $4.47B

13.6.2024
One of the biggest collapses in the history of cryptocurrency is finally ending, and Terraform Labs is willing to pay the SEC $4.47 billion. The SEC requested a federal judge in the Southern District of New York to accept the settlement. The new development comes two months after a judicial...

Curve Token Falls 20% As Founder Faces Liquidation

13.6.2024
The news about Michael Egorov, the founder of Curve.fi’s Decentralized Finance platform, going bankrupt has dramatically impacted the cryptocurrency markets. This event, in particular, is directly attributable to the CRV token due to Egorov’s non-payment of his $27 million debt. Therefore, there...

zkSync faces criticisms for anti-Sybil measures in token distribution

13.6.2024
zkSync is attracting criticism from across the industry. Many are saying that the layer-2 scaling solution based on Ethereum lacked sufficient measures against Sybil attacks. Allegations have come at a time when zkSync has its focus on token airdrop. The allegation is that while it has listed seven...

Toncoin (TON) eyes $10 after hitting a new ATH

13.6.2024
Toncoin recently breached the milestone of $7.64, which has triggered speculation about a new level of $10. While a tentative timeline has not been drawn, it is expected to happen anytime soon. Two important factors—the golden cross pattern and the growth of the network—support this. TON’s...

MicroStrategy announces sale of $500M convertible notes to buy Bitcoin

13.6.2024
MicroStrategy, which has set a precedent for risk-taking in its Bitcoin investments, disclosed that it plans to offer $500 million convertible senior notes due in 2032. This unique service, aimed exclusively at qualified institutional investors, is another testament to the company’s solid...

VeChain Q1 2024: Strong Treasury fuels blockchain growth

13.6.2024
The VeChain Foundation, one of the leading members of blockchain and digital asset integration, has released the Q1 2024 Treasury Report. This release is important because it comes at a crucial stage when blockchain technology is starting to receive more attention in traditional markets. The recent...

SushiSwap unveils new council structure and multi-token model

13.6.2024
The decentralized exchange SushiSwap is making its royal entry into the market with a multi-token model and a new council structure titled Sushi Labs. The latest models will work along with SushiSwap’s decentralized autonomous organization. The newly launched business organization will be...

The biggest conference dedicated to Layer 2s at EthCC!

13.6.2024
Join the biggest conference dedicated to Ethereum Layer 2 Scaling solutions during EthCC. Gain insights into recent technological updates, explore in-depth case studies, and discuss practicals in ETH Layer 2 Scaling. ​Web3 developers, founders, researchers, and enthusiasts are welcome! ​What...

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