DeBank, a cryptocurrency portfolio tracker, has launched a new authentication system called Credit, which is geared towards evaluating the legitimacy, engagement, and wealth of Web3 users across various platforms. In a recent update on X, DeBank revealed that Credit is now integrated directly into their platform. This system enables users to verify their “real user” … Read more
Institutional investors have made a significant entrance into the cryptocurrency market, particularly following the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States. Data indicates that these deep-pocketed investors have shown increased interest in the space, resulting in whales accumulating over $16 billion worth of BTC since the ETFs’ launch. According to insights … Read more
Toncoin (TON) has emerged as the sole Layer 1 Network that can effectively rival Bitcoin (BTC) since the start of the year.TON has surpassed BTC by over 160% and boasts a higher count of active addresses. However, despite these accomplishments, there’s a lack of trader confidence in TON, evident from the negative sentiment surrounding the … 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
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
Bitget, a cryptocurrency exchange, is venturing into creating its own on-chain ecosystem, following the footsteps of exchanges like Binance, OKX, and KuCoin. According to a statement from Bitget shared on May 15, the Bitget Onchain Layer will integrate various native DApps within the Bitget Wallet through collaborative efforts with developers. Additionally, the exchange has established … 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
Since the beginning of April, there has been a surge in the creation of new tokens, surpassing 1 million in total. Ethereum saw over 370,000 new tokens emerge, while Solana witnessed the launch of over 640,000 new tokens, primarily memecoins. Of the 372,642 new tokens introduced on the Ethereum network, a significant portion, 327,553, were … Read more
Lens, the social network infrastructure built on blockchain technology, is undergoing a major transformation with the introduction of its new platform, the SocialFi Lens Network. The Evolution of Lens Protocol: Presenting the SocialFi Lens Network This is a significant step for Lens because it expands on the work done by the original Lens Protocol in … Read more
Animoca Brands Japan, in collaboration with Quidd, is set to unveil digital collectibles based on the beloved manga “FAIRY TAIL.” The upcoming collection from Animoca Brands’ Japanese subsidiary will showcase 29 iconic characters from the series, such as Natsu, Lucy, and Happy. These digital collectibles will be launched on Quidd, with availability starting from 5 … Read more