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Matter Labs Withdraws “ZK” Trademark After Community Backlash

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After facing backlash from key figures in the zero-knowledge (ZK) community, Matter Labs decided to withdraw its trademark applications for “ZK” in multiple countries. This decision came following criticism from renowned individuals like Shafi Goldwasser, Silvio Micali, and leaders from Polygon and StarkWare, who argued that ZK technologies should remain freely accessible to everyone rather … Read more

Binance Delists Tokens: Signaling Stricter Standards for Crypto Exchanges

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Binance, the largest cryptocurrency exchange globally in terms of trading volume, has opted to remove several tokens from its platform, including OmiseGo (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). The exchange will cease all spot and margin trading pairs for these tokens on June 17, 2024. Binance regularly assesses the digital assets it … Read more

Space ID Token Unlock: 18% Set to Enter Circulation

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According to Token Unlocks data, Space ID, a platform for Web3 domains and identity services, is poised to release over $55 million worth of ID tokens on June 22, 2024, constituting 18% of its circulating supply. Token unlocks are commonly employed to regulate token issuance over time, ensuring a gradual and controlled introduction of new … Read more

Over $3 Billion in Ethereum Withdrawn from Exchanges After ETF Approval

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Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth. According to data from CryptoQuant, between May 23 and June 2, around 797,000 ETH, equivalent to $3.02 billion, has been moved off exchanges. … Read more

Shiba Inu Team Warns of Scams Amidst Market Volatility

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The Shiba Inu team recently issued a strong cautionary message concerning the growing number of fraudulent activities directed towards the Shibarium platform. Digarch, via X, shared a warning urging the SHIBARMY to exercise extreme caution during these turbulent periods. The message, conveyed through a series of Discord posts by DaVinci, a notable member of the … Read more

Nayib Bukele Re-elected President of El Salvador: Here’s How Much Bitcoin the Country Holds

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Nayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation’s economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country’s economic “ailments”.  … Read more

$3 Billion in Ethereum Exits Crypto Exchanges Following ETF Approvals

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Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether (ETH) has been withdrawn from centralized crypto exchanges.  This significant movement signals a potential forthcoming supply shortage. Data from CryptoQuant reveals a decrease of approximately 797,000 Ether, equivalent to $3.02 billion, between May … Read more

Bitcoin Price Prediction: $130K by September 2025 After Halving?

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According to crypto trader Peter Brandt, Bitcoin (BTC) is currently experiencing a downturn, with its price at $68,589. Brandt suggests that based on the trajectory of previous post-halving bull markets, Bitcoin could potentially peak between $130,000 to $150,000 in late August to early September.  The Bitcoin halving, which occurs approximately every four years, is a … Read more

Play-to-Earn Token Notcoin (NOT) Soars 335%, Aims for Top 50 Crypto Spot

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The notable play-to-earn cryptocurrency token, Notcoin (NOT), remains a magnet for investors due to its remarkable price surge. Despite the crypto market maintaining stability, NOT’s significant rise has garnered attention from traders, indicating robust buying activity. Notcoin’s Market Cap Exceeds $2 Billion On May 16, the NOT token made its formal debut. It plummeted by … Read more

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