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BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem


BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC)....

Fantom Foundation Allocates $120 Million to Accelerate Migration to Sonic


The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class...

Coinbase Investor and Openai Veterans Unite to Launch Safe Superintelligence


In a significant development in the Artificial intelligence (AI) industry, Daniel Gross, known among other things for his investment in the cryptocurrency platform Coinbase, has teamed up with Ilya Sutskever, former Chief Scientist at Openai, and Daniel Levy, a former Openai employee and an expert...

SEC Closes Ethereum 2.0 Investigation


Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC...

Coinbase International Adds Support for Trading Pre-Launch Tokens


Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price discovery of upcoming projects within a secure...

Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF


Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on June 20, 2024, the ETF is touted as the most cost-effective Bitcoin fund exposure in Australia....

Boxing Sensation Ryan Garcia Teases the Launch of His Own Meme Coin


In a series of recent social media posts, American professional boxer Ryan Garcia hinted at the creation of his own meme coin. “Whatever coin I create I will go hard asf,” Garcia stated in one post, indicating his commitment to the project. In a subsequent post, he added, “When...

Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit


In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like...

Bitwala and Curve Announce Partnership for Digital Wallet Integration


Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The partnership is aimed at integrating Bitwala’s services with Curve’s digital wallet. Users can add Bitwala to their Curve Wallet and avail a 1% cashback offer on their...

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