Claims can now be made for the Bitcoin Restaking Chain BounceBit Airdrop
With its CeFi + DeFi framework, BounceBit sets itself apart and enables Bitcoin holders to generate income from many sources. The infrastructure it suggests is built around the asset-driven value…
Cardano to Streamline dApp Development with the Next Upgrade by Including CIP-69
The Cardano blockchain’s creator, Charles Hoskinson, has stated that CIP-69 will be a part of the network’s impending Chang hard fork. Hoskinson stated, “I noticed the CIP-69 requests coming in….
As it promotes itself as Asia’s MicroStrategy, Metaplanet increases its Bitcoin reserves
Additional Bitcoin has been bought by Japan-based Metaplanet, as per a disclosure statement posted on social media platform X on May 10. The company disclosed that on April 23, it…
According to Layer3, an early summer airdrop for utility and governance tokens is planned
According to a post on X, Layer3 stated that it will launch its governance and utility token, $L3, with an initial drop scheduled for this summer. According to the protocol,…
According to a filing, Wells Fargo Banks has invested $143 million in bitcoin
The great majority of those funds were invested in shares of the Grayscale Bitcoin Trust (GBTC), a Bitcoin spot exchange-traded fund (ETF) whose shares are intended to mirror the spot…
21 Shares and ARK Invest removed the staking component from the most recent spot Ethereum ETF registration
Staking will not be a part of Cathie Wood’s ARK Invest and 21Shares’ proposed spot ether exchange-traded fund. Staking provisions were mentioned in a prior filing for ArkInvest/21 Shares, which…
US Bancorp and the Rothschild firm report purchasing about $20 million worth of Bitcoin ETFs on the spot in Q1
According to the corporation, it paid around $5.4 million for 87,744 shares of Fidelity’s FBTC, $2.9 million for 46,011 shares of Grayscale’s GBTC, and $7.2 million for 178,567 shares of…
420M KNINE Giveaway with the New Shibarium Node Validator K9
Custodians of Shiba Inus have become curious about Shiba Inus’s (SHIB) future Liquid Staking Derivatives (LSD) platform on Shibarium Layer-2. The dynamic staking platform’s decentralized autonomous organization (DAO), K9 Finance…
Top 3 meme coins: Bonk, Shiba Inu, and Dogecoin: A report reveals that about 140 new meme tokens have debuted
138 new meme currencies were added to CoinMarketCap in April. The real figure might be far higher because, according to analyst Crypto Koryo, CoinMarketCap only covers 10% of all tokens….
To connect liquidity across the Cosmos, Solana, and EVM chains, Euclid launches a liquidity layer
Euclid Protocol announced the creation of its shared liquidity layer, which powers virtual pools built on Nibiru Chain and links the Cosmos, Solana, and Ethereum Virtual Machine-based ecosystems. The goal…
Ripple participates in the DeRec Alliance’s asset recovery program
The association wants to make digital asset implementation and recovery easier. Users may retrieve their personal data even in the event that they misplace their smartphone or another device used…
Notcoin will launch on May 16 after several delays
NOT token will be listed on OKX and Bybit after it is created on The Open Network (TON). In conjunction with the token, OKX intends to launch a “jumpstart” campaign…
Taiwan suggests more stringent AML regulations for cryptocurrency service providers
The Ministry of Justice in Taiwan has suggested changes to the current Anti-Money Laundering (AML) legislation, which may result in fines of up to $1.5 million and jail terms of…
Gains Network Fork Bug Enabled Traders To Make 900% Profit On Each Trade
DeFi Llama states that Gains Network has a $20.29 million total value locked (TVL). It has processed $25 billion in derivatives trading activity since its founding in May 2023. According…
Polkadot user engagement records despite declining prices
As of the end of April, the network had approximately 650,000 active addresses on-chain, according to data from DotLake. The increase maintains the upward trend that saw the quantity of…
Polygon Labs and Espresso collaborate to address rollup interoperability
Developer of shared sequencers Espresso Systems and Ethereum layer-2 scaling solution Polygon Labs have teamed up. The partnership aims to develop and create an aggregating layer (AggLayer) that may be…
Marathon Digital saw an 184% increase in profit in Q1 while mining $176 million in bitcoin
According to an earnings statement, Marathon Digital stated that it mined 2,811 bitcoin in the first quarter of this year, or around $176 million at current prices. Marathon Digital’s profits…
Ledn’s First-quarter loans set a record of $690 million as the lending market recovers
For cryptocurrency lending firm Ledn, the first quarter witnessed the processing of almost $690 million in loans, making it the company’s most successful quarter since its establishment in 2018. That…
Demand for Memes Is Higher Than Ever With WIF and Fast Money Chasing Pepe, Says Analyst
The pause in the Bitcoin boom hasn’t stopped the meme coin season from moving forward. According to anonymous researcher Crypto Coryo, data tracking website CoinMarketCap recorded a record 138 meme…
Meme Coins TRUMP and BODEN Rise Following the Former President’s Meeting With NFT Holders
Following the meeting between former president Donald Trump and holders of his NFT collection, the popularity of election-themed meme coins featuring American politicians has skyrocketed overnight. Doland Tremp (TREMP), a…