Crypto news

The Open Network (TON) blockchain’s total value locked (TVL) has surged since early March, surpassing $600 million. Within just three weeks, it has doubled to reach a record high, showcasing rapid growth and investor confidence in TON’s decentralized finance ecosystem. TON’s TVL Hits $600 Million According to DefiLlama data, TON’s TVL surged to over $605 million on Monday. This milestone was achieved just three weeks after the network’s TVL first reached $300 million in late...

CoinspeakerBybit Integrates Apple Pay for Zero-Fee Crypto Purchases Starting today, customers can buy crypto assets through the Bybit app or website using Apple­ Pay, which enhances convenie­nce and security. Bybit Integrates Apple Pay for Zero-Fee Crypto Purchases

CoinspeakerUS Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting The bearish sentiment wasn't limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months. US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting

CoinspeakerJPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend Collectively, the 14 US mining companies have a network hash rate of approximately 23.8% of the total market share.  JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend

TL;DR L2 scaling solution Shibarium saw one indicator surging by over 860%, indicating rising interest. However, daily transactions on the network dropped by 65%, while Shiba Inu’s price fell 20% in the last 14 days. The Rapid Increase Shiba Inu’s layer-2 scaling solution – Shibarium – keeps making waves due to its progress and the surge of some of its metrics. Most recently, the number of new accounts on the network exploded by over 860%, from just 16 (on June 15) to 154...

[PRESS RELEASE – Dover, USA, June 17th, 2024] ScroogeToken has reached a notable milestone, surpassing $500,000 in funding. This achievement reflects market confidence in ScroogeToken’s approach to decentralized finance. The platform offers seamless access to the Web3.0 ecosystem and promotes a vibrant community. Key Features: User-Friendly Interface: ScroogeToken simplifies the Web3.0 experience for both new and experienced users. Community Engagement: Emphasizing strong...

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...

CoinspeakerSouth Korean Prosecutors Find New Evidence against Do Kwon While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter. South Korean Prosecutors Find New Evidence against Do Kwon

CoinspeakerUSD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says USD-pegged stablecoins could help the US maintain an hedge over the rising dominance of the Chinese yuan, said former House Speaker Paul Ryan. USD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says

CoinspeakerBinance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains. Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions