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Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield


On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...

Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game


This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following...

Cardano surges on whale accumulation and increased network activity


Cardano’s (ADA) network is gaining traction. Major participants have increased their ADA holdings and now control 6.71% of the total offerings.  IntoTheBlock, a market analytics portal, said that Cardano whales—those with 100 million to 1 billion ADA—have added 11% more ADA in the past...

US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network


An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as “pig butchering.” Li and Zhang allegedly...

Half Of PlayStation Players Still Haven't Upgraded To PS5


The PlayStation 5 has sold just over 59 million units since it launched in 2020, which is slightly less than PS4’s sales in the same timeframe, as it sold roughly 60 million consoles four years into its lifecycle. And from the sound of it, those PlayStation 5s only account for roughly half...

El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain


El Salvador's National Bitcoin Office launches tokenized investment offerings on the Liquid network, leveraging blockchain technology for new opportunities. Discover how to invest in El Salvador Bitcoin and benefit from its growing ecosystem. The post El Salvador Announces Tokenized Investment...

Degen Chain Outage: Network Restored, L3 Debate Reignited


Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks. The post Degen Chain Outage: Network Restored,...

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