Search
The Protocol: How Optimism Filled in Its Missing Tooth
12.6.2024
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup
Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains
12.6.2024
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
12.6.2024
Zimbabwe seeks public input to shape crypto regulations
12.6.2024
In a news release by Bloomberg, Zimbabwe has declared its agenda to embark on consultation on the functioning of cryptoassets. This move comes when the government puts measures to regulate this sector. In a statement published in the state-owned Herald Newspaper, all players in the cryptocurrency...
Eigen Labs acquires Rio Restaking, opens LRT code
12.6.2024
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem
12-Month Crypto Gainers: Meme Coins Take 7 of Top 10 Spots
12.6.2024
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the crypto assets TRUMP, WIF, BOME, BONK, MOG,...
BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit
12.6.2024
The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform's collapse in 2022
Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet
12.6.2024
The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services. OP Labs, the firm responsible for building the Optimism protocol,...
Pixelverse Raises $5.5 Million to Expand Web3 Gaming Ecosystem
12.6.2024
Pixelverse, a developing entertainment studio and game ecosystem, has secured $5.5 million in a private funding round led by prominent Web3 venture capital firms. The funds are intended to support the growth of Pixelverse’s gaming platform, which has seen significant user engagement since...
Lido announces a partnership with Mellow Finance
12.6.2024
Lido has announced a partnership with Mellow Finance. The objective is to provide the holders of staked ETH (stETH) access to advanced DeFi vaults. The partnership also includes an association with Symbiotic. The partnership aligns with Lido’s mission to enter the Ethereum restaking space...
AxonDAO Unveils A+Voice: Pioneering Biometric AI Voice Collection
12.6.2024
PRESS RELEASE. Cheyenne, WY, June 12, 2024 – AxonDAO (Axon DAO LLC, Wyoming) proudly announces the launch of A+Voice, an innovative research platform designed to monitor vocal biomarkers. This platform is an exceptionally effective tool for the early detection and ongoing assessment of conditions...
MoonPay announces PayPal fiat on-ramp for UK and EU
12.6.2024
MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards
Burn rate of Shiba Inu (SHIB) soars to more than 3000%
12.6.2024
The burn rate of Shiba Inu has surpassed 3000% as of June 12, 2024. The 24-hour duration saw more than 232 million SHIB tokens being incinerated. Shibburn’s data revealed that the burn rate was up by 3010.53% to eliminate 232.64 million tokens. The move positively influences the price of $SHIB...
Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline
12.6.2024
The Ghanaian cedi recently plunged to a record low, trading at GHS 14.9335 against the U.S. dollar, which led to its designation as the fourth-worst-performing currency globally. Additionally, a decline in cocoa production has further complicated matters for the cedi, a currency previously ranked...
MultiversX and Cornell launch sponsored blockchain education program
12.6.2024
Once students complete the course, they’ll be eligible for follow-on mentorship, support, and funding
MEW places itself as a competitor for SHIB and DOGE
12.6.2024
Dubbed as cat in a dog’s world, the MEW token is poised to eventually dethrone the likes of Shiba Inu ($SHIB) and Dogecoin ($DOGE). The Solana cat meme coin has established itself as a competitor based on its characters, supporting characters, and storyline. The community believes that dog-themed...
Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?
12.6.2024
Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next
Chinese President Xi Jinping praises blockchain exec in open letter
12.6.2024
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University
Mint Blockchain comes out with its much touted Mint Fast bridge
12.6.2024
Mint Blockchain unleashes its much discussed Mint Fast bridge, through which it will be possible for users to shift assets with all beneficial facilities thrown in. These include undisputed acceleration, cost-effectiveness, and all safety aspects intact. Created for rendering service to lesser...
Circle announces Solana programmable wallets, gas station
12.6.2024
Circle is adding support to the Solana blockchain, enabling integration across its Web3 features in two phases