Large Crypto Selloff on Friday Drives Bitcoin Below $70,000
In U.S. trade on Friday, what was first perceived as a test of all-time highs for bitcoin (BTC) turned into a sharp decline, with the largest cryptocurrency in the world…
The new Friendchain blockchain will replace Base for FriendTech
The Web3 social network FriendTech has formally severed its ties to Base, the Ethereum Layer 2 network that Coinbase is stewarding, in order to move to Friendchain, a new blockchain…
After ‘Guardian’ two-factor authentication service is breached, Loopring experiences a $5 million hack
The Ethereum-based zkEVM protocol Loopring LRC -2.92%, which markets its smart wallet software as “Ethereum’s most secure wallet,” disclosed on Sunday that there had been a security compromise involving its…
The Orbit Chain exploiter trades $48 million through Tornado Cash following months of post-hack inertia
Orbit Chain, a cross-chain bridge, saw an attack in the last hours of 2023 that took $81.5 million out of the protocol over the course of multiple transactions. After the…
Why ARK Invest withdrew from the billion-dollar competition for Ethereum ETFs
There is competition among nearly a dozen companies to introduce spot Ethereum exchange-traded funds. ARK Invest, a major player in cryptocurrency, isn’t one of them. ARK believes in its revolutionary…
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…
Plans for Blockchain.com and Unstoppable Domains Web3 domain ‘.blockchain’ with DNS support
Through an application with the Internet Corporation for Assigned Names and Numbers (ICANN), Web3 domain name supplier Unstoppable Domains and international cryptocurrency company Blockchain.com are working together to build one…
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…
Aiming for $100,000 by year’s end, Mike Novogratz sees growing political support for cryptocurrencies in the US
Novogratz Projects a $100K Bitcoin Price Mike Novogratz, the CEO of Galaxy Digital, stated his prediction for the price of bitcoin. He clarified that bitcoin might reach a record high…
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…
Rollup tool is released by Web3 infrastructure company Alchemy to assist developers in building their own chains
Alchemy, a blockchain technology business, announced on Thursday the release of a new tool called Alchemy Rollups. Developers can start and grow their own chains with Alchemy Rollups. Rollups, which…
Rootstock, a Bitcoin Sidechain, Welcomes New DEX SushiSwap
The launch of the decentralized exchange SushiSwap on the Bitcoin sidechain Rootstock is a major turning point for the main network. SushiSwap Grows on Rootstock, the Bitcoin Sidechain The news…
W Token Holders Can Now Participate in Wormhole Governance Staking
Wormhole has launched Wormhole Governance Staking, which allows owners of W tokens to move their tokens from Solana to EVM chains in order to participate in governance. Wormhole, an interoperability…
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…