Author: Puskar Pande
Memes with a Kitty theme remain unaffected by GameStop’s Q1 earnings
GME, KITTY, and ROAR whipsawed over 100%, according to CoinGecko statistics, despite a minor drop in the meme coin market cap overall. Although there is no formal relationship between the…
MOTHER Meme Coin by Iggy Azalea Reaches $200 Million in Market Cap
Just ten days after its launch, the market valuation of rapper Iggy Azalea’s MOTHER coin surged past $200 million, further confusing its detractors. Since June 5, when Ethereum founder Vitalik…
Upgrade to zkSync v24 Mainnet Completed; Ready for Anticipated Token Airdrop
On June 7, the zkSync developers declared that the zkSync V24 mainnet update was finished. The completion of the zkSync V24 Mainnet Upgrade has improved platform performance The goal of…
Ethena Expands USDe Into Aave
The company behind the fourth-largest stablecoin by market capitalization, Ethena Labs, has connected with Aave, the biggest lending platform in the sector, and is working to expand USDe’s presence in…
Aptos incorporates dWallet to enable greater multi-chain functionality
Zero Trust Protocols (ZTPs) are intended to be introduced to the decentralized L1 network through the expansion of dWallet’s technological stack to Aptos. This will improve native multi-chain interoperability within…
DYdX Will Finish Up The v5 Update Next Week
Next week, DYdX, a decentralized perpetuals exchange, is scheduled to finish rolling out its much awaited v5 upgrade. A number of new features, including isolated markets, batch orders, liquidity vaults,…
Illuvium Declares Open Beta Mainnet Official Launch Date
The team has chosen this date to guarantee the addition of multiple crucial features targeted at enhancing the game experience and enhancing security, after giving it some thought and considering…
In relation to the Ronin hack, the Norwegian government freezes and returns $5.7 million
The $600 million Ronin exploit in 2022 has resulted in the freezing and repatriation of $5.7 million in cash by the Norwegian government. The Ethereum sidechain known as Ronin was…
Aave surpasses $20 billion in deposits amidst talks about fee switches and record revenue
Following this week’s record-breaking annualized revenue for the DeFi protocol, members of the Aave community are pressing for a fee flip proposal. Aave liquidity committee member Matthew Graham said on…
By 2030, VanEck analysts now project an Ethereum price of $22,000
The U.S. financial firm VanEck, which has applied to market a spot ether ETF, has increased its price projection for Ethereum ETH +1.44% to $22,000 in 2030, according to its…
Over 86% of the Bitcoin Holdings of Global Bitcoin ETFs are held by US Bitcoin ETFs
US Bitcoin ETFs are attracting a lot of attention from investors; their growth is still steady, and their impressive inflows indicate a significant change in the dynamics of the market….
The yield-bearing stablecoin Lift Dollar (USDL) is introduced by Paxos International
With Argentina as its first market, Paxos International, a branch of Paxos with headquarters in the United Arab Emirates, has introduced Lift dollar (USDL), a yield-bearing stablecoin. According to Paxos…
To increase the use of cryptocurrencies and financial inclusion, Tether announced a $18 million investment in XREX Group
According to a news release the firm released today, Tether, the leading company in the digital asset space, has made a significant $18.7 million investment in XREX Group, a financial…
Traders of Bitcoin Options Forecast an Imminent Breakout Above $74K to New High Prices
According to market data, traders of Bitcoin (BTC) options are progressively positioning themselves for the currency to reach new highs this month. In a market update on Wednesday, digital asset…
Users can now officially access Coinbase Smart Wallets
The introduction of smart wallets on Wednesday marked the latest breakthrough from prominent cryptocurrency exchange Coinbase. Users Are Introduced to Coinbase Smart Wallets With the goal of streamlining onboarding procedures…
Web3 Gunman Mints’ First-Ever “Mongrel NFT” Collection
A total of 1,750 free-to-mint NFTs were provided, and more than 1,000 Mongrel NFTs were obtained using OpenSea guaranteed places. Later in 2024, Shutdown plans to issue its $FUSE coin….
Yield-Generating Stablecoin Lift Dollar Revealed via Paxos
The Lift Dollar (USDL), a yield-generating stablecoin authorized in the United Arab Emirates (UAE), has been released by cryptocurrency trading platform Paxos, the firm announced on Wednesday. The stablecoin is…
ZK-Rollup Taiko Achieves A $2 Billion Fully Diluted Valuation By Airdropping A Token
Taiko, a Layer 2 scaling network, launched the cryptocurrency at a fully diluted valuation (FDV) of $2.1 billion and a market capitalization of $110 million, marking the beginning of the…
Bitcoin ETFs Continue Their Winning Inflow Trend; BlackRock’s IBIT Exceeds $20B in Total Assets
Yesterday, the U.S.-based spot bitcoin ETFs had net inflows for 15 straight sessions. BlackRock’s iShares Bitcoin Fund (IBIT) reached over $20 billion in assets under management for the first time,…
Bitcoin Holdings in El Salvador Now Amount Above $400 Million
El Salvador is firmly establishing itself as the world’s pioneering adopter of Bitcoin. According to Bitcoin Magazine, the country in Central America is a true pioneer in the integration of…