Crypto news

There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily. According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023. USDT Transaction Volume Soars on TRON DAO For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain...

The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply. Ethereum’s New Milestone The data also reveals that around 30% of the staked ETH is attributed to Lido, a liquid staking platform designed...

TL;DR Forbes labeled Ripple’s blockchain as ineffective and its token as purely speculative, questioning its utility and market value. Charles Hoskinson and crypto supporters defended Ripple, making jokes with the media company’s report. Forbes Takes Aim at Ripple (XRP) The global media company Forbes recently published a report called “The Rise of Crypto’s Billion Dollar Zombies,” which touched upon numerous cryptocurrency protocols. It paid special attention to Ripple (the...

[unable to retrieve full-text content]CoinspeakerMasa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains. Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network

Matt Hougan, the CIO of the crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. In a tweet detailing his experiences during a 20-day road trip, Hougan said he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not nursed the thoughts at all, showing a gap in the...

[PRESS RELEASE – London, United Kingdom, March 28th, 2024] Scorpion Casino, is at the forefront of merging blockchain technology with online gaming, has reached an impressive milestone by raising over $9.7 million in its presale phase. Highlighting the accelerating interest from the investor community, the platform notably secured over $3 million of this total in March alone. Sustainable Token Economy Strategies In response to its growing ecosystem, Scorpion Casino has...

[PRESS RELEASE – London, United Kingdom, March 28th, 2024] MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions and substantially reduced fees for its users. By embracing the...

[unable to retrieve full-text content]CoinspeakerUS and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation The e­xchange Garantex previously de­clared its commitment to thwarting illegal acts and active­ly collaborating with European and US authorities until its sanctions designation. US and UK Investigate $20B Crypto Transactions Tied to Russia amid Sanction Escalation

[unable to retrieve full-text content]CoinspeakerBitcoin Ordinals Creator Unveils ‘Rune’ Documentation, Here’s What You Need to Know Runes’ functionality is based on the concept of runestones, which are protocol messages saved in Bitcoin transaction outputs. Bitcoin Ordinals Creator Unveils ‘Rune’ Documentation, Here’s What You Need to Know

Blobs have officially come to Ethereum through its latest “Dencun” hard fork, making it far cheaper to transact on the network’s layer 2 (L2) blockchains. So what’s next? In a blog post published on Thursday, Ethereum co-founder Vitalik Buterin outlined how he expects Ethereum to scale for mass adoption, emphasizing a shift in developmental focus to L2s. Vitalik’s View On Ethereum Layer 2s According to Vitalik, the newly implemented EIP 4844 (aka “blobs”) marked a “zero to...