Author: Puskar Pande
The native utility token of the proof-of-stake blockchain XION is introduced
The layer-1 blockchain’s native coin, $XION, was also introduced by the venture-backed platform. On August 14, Burnt announced the accomplishments in a blog post. XION introduces its native token The…
Mastercard and MetaMask Launch a Crypto-Powered Debit Card
The cryptocurrency wallet provider MetaMask announced the debut of the Metamask card crypto solution in collaboration with Mastercard and Baanx. This debit card allows users to spend cryptocurrency on regular…
Parfin, a permissioned Ethereum Layer 2 developer, has received $10 million in Series A funding from ParaFi Capital
The enterprise-grade blockchain startup Parfin, which is developing its own crypto infrastructure, raised $10 million in its Series A funding round and anticipates raising millions more. Leading the round were…
Riot Platforms increases its ownership stake in Bitfarms to 18.9% by purchasing an additional 1 million shares
One of the biggest bitcoin miners in the United States, Riot Platforms, has increased its bid to acquire Bitfarms by acquiring an extra million shares of the business. Riot is…
Renzo arrives at Solana liquid restaking and prepares to start ezSOL on Jito
Through a partnership with the Jito Foundation, the Ethereum liquid restaking system Renzo has entered the Solana liquid restaking market. As part of the deal, Renzo will launch ezSOL, a…
Dollar Cost Averaging in Crypto: What Is It? An Overview of DCA
Dollar Cost Averaging (DCA): What Is It? In conventional finance, dollar-cost averaging (DCA) is an investing strategy intended to reduce volatility when purchasing a sizable financial asset or instrument block….
Solana L2 DEX might be able to compete with centralized exchange platforms, according to Zeta founder
DefiLlama’s data indicates that Solana (SOL) has an 8.7% domination in monthly trading volume for on-chain derivatives as of right now, with $8.3 billion traded so far in August. With…
ETFs for Bitcoin are expected to own more coins than even Satoshi
The popular Bitcoin exchange-traded funds (ETFs) that debuted this year are expected to eventually own more of the popular cryptocurrency than its enigmatic, pseudonymous creator, Satoshi Nakamoto, after months of…
Curve Finance: As earnings surpass issuance, inflation drops by 67%
The second-largest decentralized exchange (DEX) according to TVL, Curve Finance, announced that it will stop token inflation annually after five years. Starting this year, the inflation rate for CRV tokens…
With the most recent test transactions, 33% of the Mt. Gox repayment is still pending
Test transactions have been made using a Bitcoin wallet connected to Mt. Gox, which may be a sign of the long-awaited payment to people who held money on the exchange….
The total front-end revenue of Uniswap Labs exceeds $50 million
The developer company of the Uniswap protocol, Uniswap Labs, has seen its total front-end fees surpass $50 million. In October, the platform charged users 0.15% for transactions made using its…
Hedera expands institutional access to HBAR tokens by partnering with cryptocurrency custodian Copper
Through a cooperation announced on Tuesday, London-based cryptocurrency custodian Copper is extending institutional access to the Hedera blockchain. In particular, Copper will provide custody and staking services for Hedera’s token…
For eligible investors, Grayscale has launched a new fund that tracks MakerDAO’s MKR coin
The largest cryptocurrency asset manager in the world, Grayscale, is expanding its array of investment options for digital assets with the establishment of a closed-end MakerDAO Trust. After the introduction…
Spot Bitcoin ETFs: What Are They?
However, what are Bitcoin ETFs that are spot and how do they operate? You can get the answers to these and many other questions about this issue by carefully reading…
Canto Blockchain Has a Prolonged Outage Because of a Consensus Problem
A catastrophic consensus issue has caused Canto, the layer-1 blockchain built on Cosmos, to go offline for more than 33 hours. This is a major interruption. The CANTO token’s value…
Significant price slippages occur during sell-offs due to a crypto liquidity crisis – Kaiko
The fragmentation of liquidity in the cryptocurrency markets persists, causing price disparities among exchanges. These differences are narrowing with time, but they are still noticeable on smaller, less liquid exchanges,…
The $1.6 billion investment announced by El Salvador will launch “Bitcoin City”
A significant infrastructure investment is being made in El Salvador, which is anticipated to help the country realize its ambitious plan for Bitcoin City. The largest private investment in El…
Top Trader Says Train Is About To Leave Station, Predicting Massive Rally for Solana-Based Memecoin
On the social networking site X, pseudonymous expert Bluntz informs his 268,500 followers that dogwifhat (WIF) appears to be about to break out from a falling wedge formation. Due to…
EigenLayer’s competitor Symbiotic unveiled a devnet and plans to launch the full mainnet in Q3
Less than two months after emerging from stealth, the devnet of Ethereum’s Holesky test network is now operational for retaking protocol Symbiotic. Symbiotic positions itself as a rival to Ethereum’s…
Optimism is developing a native interoperability framework for Layer 2 chains
A roadmap strategy for implementing native interoperability across the ecosystem’s Layer 2 chains, including Base, Zora, Mainnet, and others, was disclosed by Optimism developers. Currently, for safe communication and asset…