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Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
14.6.2024
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows
Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
30.5.2024
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...
Uniswap reveals assets ahead of fee mechanism vote
26.5.2024
During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants
LayerZero tackles sybil activity with self-reporting mechanism
4.5.2024
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024
Mixed reactions to Hong Kong’s certification mechanism on OTC trading
15.4.2024
According to the Hong Kong Economic Journal, the related industry has absolutely mixed reactions to Hong Kong’s certification mechanism for OTC trading of virtual assets. The companies are concerned about Hong Kong’s over-the-counter (OTC) certification mechanism, which stipulates that the virtual...
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
9.4.2024
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said
Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders
11.3.2024
The Uniswap community has rejected a governance proposal that aimed to introduce changes to the platform's fee mechanism, including allowing the distribution of revenue to token holders.
The post Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders appeared...
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
26.2.2024
"We are going to follow Uniswap's lead in proposing it. It will be up to the community to pass it," Frax's CEO Sam Kazemian told CoinDesk
New Wall Street Memes Burn Mechanism Fires-Up – Don’t Miss As 5% of $WSM Supply Set For Inferno
20.2.2024
Tuesday, February 20th, 2024 – Wall Street Memes’ major new burn mechanism has ignited into action, with an unmissable 5% of the $WSM supply heading for the furnace. The launch of the burn mechanism marks the beginning of an exciting deflationary force in $WSM token dynamics, after...
Green Bitcoin ($GBTC): Your Gateway to Predict-to-Earn Profits – Experience Gamified Green Staking Like Never Before!
14.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Green Bitcoin is opening the doors to predict-to-earn profits, allowing you to experience a Gamified Green Staking mechanism like never before. The project allows users to stake their $GBTC tokens...
Immediate EWave Review – Scam or Legitimate Trading Platform
9.2.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate EWave promises that it gives investors a way to attain daily profits via a trading system that blends automation and manual trading. With an operational mechanism that is said...
Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals
7.2.2024
The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department’s 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing report highlights that virtual assets are increasingly used by illicit...
Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans
6.2.2024
Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...
Fantom Reduces Validator Requirement to 50k FTM, Prioritizes Decentralization
16.1.2024
Source: Adobestock Fantom Network has announced a 90% reduction in validator requirements, taking the assets needed to run a self-staking node to 50,000 FTM from 500,000 FTM. The company wrote on X (formerly Twitter) about the new developments, informing its community of changes, reasons, and...
Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch
14.1.2024
While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise...
Green Bitcoin (GBTC) Lets You Earn Huge Rewards With Its Predict-To-Earn Mechanism
8.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. A burgeoning trend in the crypto market, known as Gameified Green Staking, has become the latest fascination for crypto enthusiasts. Green Bitcoin (GBTC) is the project at the forefront...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 20% as Novel Mining Protocol Takes All the Attention
4.1.2024
Despite a tumultuous 2023, which saw Terra Luna Classic de-listed by major exchanges, LUNC has mounted a resounding come-back, yet, amid a -20% price drop – is Terra Luna Classic going to zero? Upside price action appears to have been invigorated by a quick-fire burn mechanism, that has been...
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...
Vitalik Buterin Proposes Simplified Ethereum Proof of Stake Design
28.12.2023
Source: DALL·E Ethereum co-founder Vitalik Buterin has proposed three alternative methods aimed at simplifying the Ethereum blockchain’s proof of stake design. This initiative, according to Buterin’s latest blog post, is intended to address a potential systemic complexity within...