Blockchain

[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity and TVL. “We’re thrilled to support the developers and startups building upon Polygon’s sustainable...

This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market participants questioning the legitimacy of the token, some traders still went on to buy and trade...

Blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a cryptocurrency whale. According to Nansen, a crypto wallet reportedly owned by DBS Bank holds 173,753 Ether (ETH), valued at around $650 million at the current market price. DBS Sitting on a $200M Profit? Nansen’s analysis states that the address, flagged on May 30, has already generated a paper profit of $200 million from its Ether holdings. We’ve identified this...

The realm of innovation often steals the limelight, and within this space, both Ethereum Classic and Reserve Rights have registered appreciable gains, demonstrating solid market potential. Amidst these developments, BlockDAG distinguishes itself by leveraging breakthrough Shibuya presentations and pioneering mining technology, transcending conventional market expectations. While Ethereum Classic consolidates its position by introducing a new stablecoin, and Aptos targets ambitious valuations,...

Long-term Bitcoin holders – those holding BTC for over 1-2 years – tend to sell portions of their holdings during bullish price phases when bitcoin’s price is rising. This selling behavior was observed from early 2024 through April. However, holders with Bitcoin UTXOs (unspent transaction outputs) older than 3 years continued to accumulate more BTC supply, indicating strong long-term bullish sentiment among this cohort. Diverging Behavior Among Long-Term Bitcoin Holders...

Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...

In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27. Sun Declares it’s ‘Just the Beginning’ Sun outlined the significant milestone, affirming that HTX has surpassed Coinbase in spot trading volume for the first time. He expressed confidence in...

An innovative new meme coin has burst onto the scene – and investors are beginning to take notice. PlayDoge (PLAY), a P2E crypto gaming project based on the iconic Doge meme, has raised over $200,000 in the first few hours of its presale going live. PlayDoge – The Meme-Inspired Virtual Pet with Real Crypto Rewards So what is it about PlayDoge that’s got investors buzzing? Think of it as a modern, blockchain-powered reboot of the classic Tamagotchi virtual pets from the ‘90s...

Das 0x Protokoll (ZRX) ist ein dezentrales Protokoll, das speziell für den Austausch von Kryptowährungen auf der Ethereum-Blockchain entwickelt wurde. Es ermöglicht Peer-to-Peer-Transaktionen, ohne dass eine zentrale Börse erforderlich ist. Hier sind die Hauptmerkmale und Funktionen des 0x Protokolls: 1. Dezentraler Austausch Das 0x Protokoll erlaubt es Benutzern, direkt miteinander zu handeln, ohne dass eine zentrale Börse zwischengeschaltet ist. Dies reduziert das Risiko von Hacks und die...

The cryptocurrency market is alive with exciting developments and opportunities. Let’s dive into the top four trends that are currently making waves: Avalanche’s steady climb, Toncoin’s impressive rise, Uniswap’s significant surge, and Furrever Token’s explosive presale. Avalanche’s Ascendancy: Scaling New Heights Avalanche (AVAX) is on an upward trajectory, garnering significant attention with its scalable and efficient blockchain platform. Known for its Avalanche Consensus mechanism, the...