Author: Lalit Mohan
The Ether ETF application process is moving quickly, but approval is not assured
Regulators have suddenly requested that exchanges that wish to list and sell shares of spot ether (ETH) exchange-traded funds alter important documents pertaining to these products. According to uncofirmed source,…
The Sei Foundation suggests updating the network to version 2 in order to become EVM compatible
The Sei Layer 1 blockchain will be upgraded to version 2 through a governance proposal, the Sei Foundation stated on Monday. The goal of this proposed update is to improve…
Web3 gaming platform Gala Games sees a 15% decline after losing over $200 million in potential revenue
According to the blockchain explorer Etherscan, Gala Games, a web3 gaming company, appears to have fallen victim to an exploit on Monday, with someone minting 5 billion GALA -2.95% tokens,…
A seven-block streak by AntPool raises concerns about centralization in bitcoin mining
In one hour and thirty-eight minutes on May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904. AntPool Mines Seven Blocks in a Row The mining pool…
According to a CoinGecko report, Solana surpasses Ethereum with 91 million daily transactions
With the greatest TPS among Ethereum scaling solutions, Polygon, is over 5 times slower than Polygon, and the blockchain is now an astounding 46 times quicker than Ethereum. Solana Reaches…
MakerDAO’s founder claims that “PureDai,” a fully decentralized platform, will debut in a few years
The creator of MakerDAO, Rune Christensen, stated that PureDai, a future token, will function as a completely decentralized substitute for its stablecoin tethered to the US dollar. The stablecoin, called…
On the TON network, Notcoin launches and airdrops more than 80 billion tokens
More than 80 billion NOT tokens will be given out to participants as Notcoin launches its cryptocurrency on The Open Network blockchain and goes live for trade on cryptocurrency platforms….
Positive creditor news causes the volume of FTX’s defunct token to soar
After the cryptocurrency exchange filed for bankruptcy at the end of 2022, it was a good week for FTX creditors—words that few people had anticipated to be published. But things…
Trump’s cryptocurrency wallet gains value as TRUMP Coin rises over 100% in just one month
The TRUMP Token Has Increased 107% in the Past 30 Days Meme coins geo (BODEN) and maga (TRUMP) have both increased in value this week; over the last day, BODEN…
Humanity Protocol, a Web3 digital identification firm, raises $30 million at a $1 billion value
Humanity Protocol, a web3 digital identification company, raised $30 million in investment, valuing the business at $1 billion. The funding round was led by the venture company Kingsway Capital, with…
Contributor to Cypher Protocol acknowledges stealing and gambling with money obtained from an exploit
Hoak, a contributor to the Solana based exchange cypher under pseudonym, acknowledged stealing and betting with the protocol’s money that was obtained through an exploit. Another Cypher contributor going by…
Draft EIP-7776 by Vitalik Buterin suggests a new calldata gas type for Ethereum
In a new Ethereum Improvement Proposal (EIP-7706), co-founder of Ethereum ETH -0.29% Vitalik Buterin suggests creating a new gas category for transaction calldata. Currently, there are two primary forms of…
$620 million in BTC and a $109 million net rise in Q1 were reported by VanEck’s spot bitcoin ETF, HODL
Key data for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset division of investment management VanEck, is revealed in a recent filing with the Securities and…
‘Roaring Kitty’ Returns on X, Solana Meme Coins, and GameStop Stock Rocket
A single image on Monday caused market cults to hail the apparent resurrection of TheRoaringKitty, the X profile of retail trader Keith Gill, who posted for the first time since…
Venice, a generative AI platform, is launched by ShapeShift founder Erik Voorhees
The well-known cryptocurrency enthusiast and former CEO of ShapeShift, Erik Voorhees, has introduced Venice, an artificial intelligence platform with a privacy focus. Venice does not save user data, although it…
Jupiter Plans To Release A Smartphone App By July
Siong, a co-founder of Jupiter, the top DEX aggregator in Solana, disclosed the anticipated release date of the protocol’s mobile application. Siong disclosed during the Solana Crossroads 2024 conference that…
Claims can now be made for the Bitcoin Restaking Chain BounceBit Airdrop
With its CeFi + DeFi framework, BounceBit sets itself apart and enables Bitcoin holders to generate income from many sources. The infrastructure it suggests is built around the asset-driven value…
Cardano to Streamline dApp Development with the Next Upgrade by Including CIP-69
The Cardano blockchain’s creator, Charles Hoskinson, has stated that CIP-69 will be a part of the network’s impending Chang hard fork. Hoskinson stated, “I noticed the CIP-69 requests coming in….
As it promotes itself as Asia’s MicroStrategy, Metaplanet increases its Bitcoin reserves
Additional Bitcoin has been bought by Japan-based Metaplanet, as per a disclosure statement posted on social media platform X on May 10. The company disclosed that on April 23, it…
According to Layer3, an early summer airdrop for utility and governance tokens is planned
According to a post on X, Layer3 stated that it will launch its governance and utility token, $L3, with an initial drop scheduled for this summer. According to the protocol,…