Crypto news

BlockDAG’s latest Development (Dev) Release introduces BlockDAGscan, an advanced blockchain explorer designed to enhance transparency and improve user experience significantly. This release has propelled BlockDAG’s presale velocity, with the launch of Batch 16 seeing the coin price climb to $0.0095—an 850% jump from the initial price in Batch 1. With a successful $36 million raised through its presale, BlockDAG continues to captivate and expand its investor base across the global crypto...

Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an acquisition price of $2.30 per share in cash and stock, valuing Bitfarms at approximately $950 million in equity. Riot’s...

Blockchain technology continues to advance, bringing forth significant innovations. Fantom is attracting developers by rolling out its new “SONIC” token and backing it with a generous $5 million fund, which promises to drive pioneering developments. At the same time, Injective Protocol is seeing its token prices rise, emphasizing its growing importance in the marketplace. In this realm of innovation, BlockDAG stands out prominently, drawing considerable attention from investors with...

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

[PRESS RELEASE – San Fransico, California, May 30th, 2024] This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred crypto assets. This Topper integration ensures Coindisco users can enjoy seamless trading...

[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...

The legendary TikTok star Khaby Lame owns a 50% of crypto projects now. The twist? Khaby doesn’t even know about it yet. Memecoins are at their peak now, and $KHABY may be the most creative and unexpectedly well prepared project. What’s happening: 50% for Khaby.Half of the team’s tokens are reserved for Khaby Lame! The premise is – once he finds out that he owns a big chunk of free cash, and he will, $KHABY will go TO THE MOON. Community is already conquering one all-time-high after another...

TL;DR Polkadot has introduced the Join-Accumulate Machine (JAM) upgrade to replace the Relay Chain and launched a 10 million DOT prize to encourage development. The protocol improved block validation efficiency after a vital upgrade and formed a strategic partnership with the Founder Institute to launch its first Web3 cohort. The Recent Advancements Polkadot keeps holding center stage thanks to the developments surrounding its ecosystem and some strategic partnerships. Most...

The significant rally of the frog-themed meme coin Pepe (PEPE) has put the majority of its holders in profit. According to a tweet by IntoTheBlock, more than 96% of crypto users holding PEPE are currently at the money. Thanks to an impressive 90% return this month, over 96% of $PEPE holders are now in profit. This positions $PEPE as the most profitable among major memecoins! pic.twitter.com/4BJkjDtha2 — IntoTheBlock (@intotheblock) May 30, 2024 Majority of PEPE Holders in...