Restaking for Bitcoin Could Be Similar to Ethereum as Startup Lombard Raises $16M
The latest buzz in Ethereum blockchain circles is restaking. By using their staked assets to help secure other blockchain apps, users can earn interest. Developers are attempting to emulate Ethereum’s…
ZKsync Shares Its Elastic Chain Ecosystem Vision After the 3.0 Upgrade
After its 3.0 release last month, ZKsync is the most recent Ethereum scaling solution to implement a multi-chain design. ZKsync unveiled its plans for Elastic Chain, an ecosystem of linked…
Ethereum is trailed by 800% YTD in Solana Meme Coins
Memes, with a 22% market share, were identified as the most popular asset type in the CoinMarketCap 2024 H1 report. The Solana (SOL) ecosystem has topped the rankings for the…
In Light of Growing Adoption, Institutions Have Purchased More Than $30 Million in Chainlink
This large investment demonstrates how Chainlink’s technology is becoming more and more widely used and trusted in the financial industry. LINK Price Is Stallled Despite Institutional Support The on-chain analytics…
Cryptocurrency traders anticipate a “bullish July” after $124 million is poured into BTC ETFs
After months of falls and rangebound trading, supporters of Bitcoin (BTC) may have cause for celebration in the upcoming weeks as potential seasonal cycles drive up the price of the…
Astar Network to Burn 350 Million ASTR, or 5% of the Entire Supply
Multi-chain network of smart contracts Following a governance vote, 350 million ASTR tokens, or 5% of the entire supply, will be burned by Astar Network. Originally, the tokens were allotted…
Price of Toncoin rises as TON beats Polygon and Avalanche on a crucial criterion
Tuesday saw TON rise to $8.10, a few points behind the record high of $8.30. From its lowest point in 2023, it has increased by about 800%, valuing it at…
Nycrypto Labs raises $800k to launch a platform that combines bitcoin and other features. Tidus
With the goal of quickening the Web2 to Web3 shift, the blockchain development hub Nycrypto Labs has announced that it has successfully collected $800,000 in pre-seed funding. The release of…
CleanSpark surpassed its mid-year hashrate target of 20 EH/s last month, mining 445 BTC
Compared to May’s 417 bitcoin mined, CleanSpark mined 445 last month. The bitcoin miner claimed that the purchase of five additional mining locations in Georgia allowed it to surpass its…
Ten billion tokens are allotted by Blast for phase two awards
The creator of the NFT marketplace Blur, Blast, an Ethereum Layer 2 network, has revealed the specifics of the phase 2 user benefits. The project said in a blog post…
Coinbase will hold digital assets while the US Marshals Service is in charge of them
The United States Marshals Service (USMS) will use Coinbase Prime to retain some digital assets in custody as part of its asset forfeiture duties. Coinbase said in a notification dated…
Circle receives the first MiCA license to issue stablecoins
Co-founder and CEO of Circle, Jeremy Allaire, declared on July 1 that his company had been the first in the EU to receive regulatory clearance for issuing stablecoins under the…
Unrestricted Starts on Avalanche Blockchain for Solo Leveling
Solo Leveling, which was first published online, has grown into a highly regarded webtoon with over 14 billion views globally. The popularity of the series has spread beyond its webtoon…
SingularityNET, Fetch.ai, and Ocean Protocol launch their token merger
The commencement of a multi-coin merger was announced today by the Artificial Superintelligence Alliance, which also includes Fetch.ai, Ocean Protocol, and SingularityNET. The corresponding tokens from each of them—FET, AGIX,…
Mantle Introduces a Liquid Staking Protocol Incentive Program
Ethereum Second Layer Mantle Network has released the first season of its Metamorphosis campaign, enabling mETH users to start accumulating Powder, which functions similarly to points and can be exchanged…
50 million STRK were added to the Starknet Foundation DeFi Spring 2.0 to strengthen the ecosystem
Recently, the DeFi Spring 2.0 package on platform X received an additional 50 million STRK allocation from the Starknet Foundation. Funding for DeFi Spring 2.0 at Starknet Foundation Increases This…
QOQ Sees Explosive Growth for Solana Liquid Staking: Analysis
Solana liquid staking increased by 1.76% per quarter and the market became more diverse. Sanctum’s efforts and the growth of jupSOL were very important. According to analyst Tom Wan, Solana’s…
Avalanche (AVAX) Cost Increases as Whales Gather
Improved market conditions and a rise in bullish whale activity support the possibility of a comeback. Avalanche Whales Try to Affect the Cost The whales’ optimism may be contributing significantly…
Steno Research: Later This Year, Ether Could Reach $6,500 Thanks to Spot ETFs
Ether to Reach $6,500, According to Steno Research, Owing to Spot ETFs The macroeconomic and cryptocurrency-focused research organization Steno Research has released its forecasts for the behavior of the cryptocurrency…
Analyst: Render will exceed $150 and the injectable price will reach $100
The venture-backed blockchain known as Injective, which gained popularity in 2023, has plummeted by more than 56% from its peak so far this year. Its market value dropped to $2.14…