Ripple has revealed its partnership with Cosmos’ Ethereum Virtual Machine (EVM) protocol, Evmos, to develop an XRP Ledger EVM sidechain. Additionally, they will collaborate with cryptocurrency software firm Peersyst as part of this initiative. The XRP Ledger (XRPL) sidechain will be constructed utilizing the evmOS solution, with a focus on prioritizing native Web3 enterprise applications … Read more
Since the start of April, the creation of new tokens has surged, surpassing a million in total, with over 370,000 appearing on Ethereum, largely attributed to activity on Coinbase’s Layer 2 network, Base. Solana leads this trend with the creation of more than 640,000 new tokens, primarily consisting of meme coins. Increased User Engagement on … Read more
In a significant shift, Bitcoin and cryptocurrency are poised to play a central role in an American Presidential Election cycle for the first time. Donald Trump has reversed his stance on crypto and is now actively seeking support from Bitcoin and crypto holders, positioning himself as the first major party nominee to do so. Speaking … Read more
Blast, an emerging Ethereum layer-2 scaling network created by the founder of NFT marketplace Blur, has revealed a launch date for its upcoming BLAST token airdrop: June 26. This announcement comes later than originally anticipated. In a statement on Twitter, the official Blast network account expressed regret for the delay, promising an increased airdrop allocation … Read more
Solana achieved a significant milestone on May 12 by generating more Total Economic Value (TEV) in a single day than Ethereum, marking the first instance of Solana surpassing Ethereum in this metric. However, this accomplishment has stirred some debate within the crypto community. According to data from Blockworks Research, Solana recorded $2,248,681 in TEV on … Read more
MicroStrategy, renowned for its substantial Bitcoin holdings, has recently been incorporated into the MSCI World Stock Index, signaling a growing acceptance of cryptocurrency within traditional investment portfolios. MicroStrategy gained widespread attention during the pandemic for its bold move of utilizing a significant portion of its cash reserves to acquire Bitcoin. Presently, the company holds 214,400 … Read more
Telegram Wallet has recently unveiled its collaboration with Notcoin, a move that has earmarked one billion NOT tokens for Toncoin holders. Under this partnership, crypto enthusiasts can benefit by depositing up to 100 Toncoin into their bonus accounts, enabling them to receive 5 $NOT for every TON on a daily basis. Through Telegram Wallet, cryptocurrency … Read more
According to Wu Blockchain, a crypto news reporter, Consensys has launched Smart Transactions, an innovative technology that will be available globally as an optional feature on MetaMask. Smart Transactions aim to tackle critical issues such as transaction success rates, gas costs, and protection against MEV attacks. Smart Transactions utilize advanced technology to ensure the privacy … Read more
BlockTower Capital, a prominent digital asset investment firm, has fallen victim to a hack. The firm’s primary hedge fund is at risk due to the perpetrators successfully siphoning its assets locally. Despite efforts to apprehend the culprits and recover the stolen funds, the money remains unrecovered, and the hackers remain at large. BlockTower Capital hires … Read more
Robinhood’s European cryptocurrency branch has introduced Solana staking, allowing users to earn approximately 5% APY (annual percentage yield) at launch, as stated by Johann Kerbrat, the general manager of Robinhood Crypto, in an interview with Blockworks. However, this APY may vary as staking rewards fluctuate. This places Robinhood Crypto slightly below Coinbase, which offers an … Read more