Cardano falls out of the top 10 cryptocurrency rankings due to Meme coin frenzy
Thanks to the recent bullish run in meme coin, Shiba Inu has surpassed Cardano in the market capitalization rankings of the top ten cryptocurrencies. Over the past few weeks, there…
Gnosis Pay and Visa Collaborate to Increase Web3 Payments
Visa and Gnosis Pay, two of the leading decentralized payment rails that link TradFi and DeFi, have announced a cooperation. Through the cooperation, a self-custodial Visa Debit Card that is…
Launching with 20 million STRK tokens for the best projects: Starknet Catalyst program
The 21 top projects inside the Starknet Foundation’s ecosystem will each receive 20 million STRK tokens as part of the organization’s new Catalyst initiative, which was just unveiled. Launched to…
Metaplanet Acquires An Additional $1.6 Million in Bitcoin Holdings
With an additional acquisition of $1.6 million USD, Metaplanet expands its holdings of Bitcoin. The business intends to make additional acquisitions and sees Bitcoin as its main treasury reserve. Recently,…
Switchboard, an Oracle developer, earns $7.5 million in Series A funding
Tribe Capital and RockawayX led a $7.5 million Series A fundraising round for Switchboard, an on-chain oracle firm. Additional funding for the Series A round was provided by Aptos, StarkWare,…
AI Arena beta is released by FLock.io, a decentralized training platform with incentives
The web app of its AI training platform, train.flock.io, has been made available by FLock.io. It addresses the need for custom AI models from Web3 and Web2 projects while protecting…
Approval of the Spot Bitcoin ETF alters voter preferences for investments, favoring cryptocurrencies: Grayscale
The study identified a number of characteristics influencing interest in Bitcoin. These include world affairs, concerns over inflation, and the increasing legitimacy of Bitcoin. According to the survey, voters have…
Crypto asset manager predicts that ether will continue to beat bitcoin in the foreseeable future
One investment manager predicts that ether will continue to rise in value in relation to bitcoin in the near future as investors get interested in the second-largest digital currency by…
Move to Layer 2 is suggested by Ethereum Name Service
ENSv2, a thorough improvement to the Ethereum Name Service that include moving the service to a Layer 2 network, has been proposed by ENS Labs. According to ENS Labs, ENSv2…
The price of bitcoin drops below $68,000 after a $9.6 billion transfer from the Mt. Gox cold wallet
Bitcoin’s value dropped below $68,000 after a significant transfer from a cold wallet at Mt. Gox. According to information from Arkham Intelligence, Mt. Gox looked to have moved bitcoin worth…
Fantom Uses AI and Infrastructure Capabilities of Google Cloud
With Google Cloud, the Fantom Foundation has forged a strategic alliance to deliver fresh rewards for Fantom developers. Announced on May 28, the agreement aims to encourage developers to create…
Anzen Finance, the company behind RWA stablecoins, obtains $4 million in startup money
The company that is issuing the digital dollar, USDz, Anzen Finance, has raised $4 million in seed money. Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive…
Aave to Release Own Blockchain Following V4 Update
Aave plans to release its own blockchain, called Aave Network, following the release of its next V4 upgrade. With $13 billion in total value locked (TVL) in the lending protocol,…
100% of priority fees are allocated by Solana validators, terminating the 50/50 burn split
On May 27, Solana validators cast a vote to take 100% of priority fees for themselves, abolishing the previous 50/50 split between validator rewards and burning fees. With 77% of…
Amid worries about hacking, Caitlyn Jenner’s X account supports memecoin
Though opinions on social media on whether or not Olympian and media figure Caitlyn Jenner’s account has been hacked, Jenner’s X account has been endorsing an eponymous memecoin that was…
MEV is considered a “clear example of market abuse” by EU draft guidelines for the impending MiCA regulations
Maximum Extractable Value (MEV) has been under close examination by the European Securities and Markets Authority (ESMA) due to its apparent involvement in illicit market manipulation, as per the proposed…
200M ARB Plan is Supported by the Arbitrum Community to Draw Web3 Game Builders
The Ethereum Layer 2 web3 game developer community is supporting the allocation of a significant amount of ARB through a governance proposal, which has the support of the Arbitrum community….
The market awaits the launch of Ethereum ETFs as ether prices approach $4,000
Only a few days after eight Ethereum exchange-traded funds (ETFs) were approved and before their scheduled launches, the price of ether is surging toward $4,000. Ether has risen to $3,932…
1 million BTC, or 5% of the total supply, is now held via Bitcoin ETFs
Leading this industry with significant Bitcoin holdings are Grayscale and BlackRock, demonstrating the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Contain More Than $1 Million in BTC ETF holdings…
Analysts Forecast That After ETF Approval, ETH Price Will Soar to at Least $6,000
According to analysts, Ethereum now has a clear route to surpass its previous all-time high and rise to at least $6,000 after the spot Ethereum Exchange-Traded Fund received approval from…