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BitDAO has announced its merger with Mantle, a layer-2 scaling solution on Ethereum. BitDAO Announces Merger with Layer-2 Solution Mantle On May 19th, BitDAO, the decentralized autonomous organization backed by Bybit, revealed its merger with layer-2 solution Mantle, following the approval of the BIP-21 proposal. 🎉 It's official. BIP-21
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NEAR Protocol, a leading layer-1 blockchain, has announced its plans to integrate Wormhole and leverage Zero-Knowledge (ZK) technology to facilitate cross-chain transactions. NEAR Protocol Selects Wormhole as Primary Cross-Chain Bridge with Ethereum On the evening of May 17, NEAR Protocol and Wormhole unveiled their collaboration to develop light client applications
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Following a major overhaul with the launch of a new token, GameFi project Gala Games has announced the burn of 21 billion GALA v1 tokens in an effort to alleviate the sell-off pressure on the old token. Gala Games Burns Over $600 Million Worth of GALA v1 After Launching New
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Ripple is set to become the first crypto organization to test Hong Kong's central bank digital currency (CBDC), e-HKD, using its CBDC platform. Ripple Develops CBDC Platform, Tests Hong Kong's e-HKD Digital Currency Ripple has announced its involvement in the testing program for the digital version
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The number of new wallet addresses created daily on Solana reached a yearly peak yesterday, according to data from The Block. New Wallet Addresses on Solana Hit Yearly High, Driven by Bitcoin and Ethereum The rising gas fees on Ethereum and Bitcoin have driven users to seek alternatives, including Solana.
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On the afternoon of May 17, Binance announced the burn of a substantial amount of USDT and USDC tokens on the BNB Chain. On its official Twitter account, the world's largest cryptocurrency exchange made the following statement: "Today #Binance will burn a significant amount of Binance-pegged USDT
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Tether has announced a strategic shift in its reserve assets from U.S. government bonds to Bitcoin, with the investment potentially reaching up to 15% of its monthly profits. Tether to Invest 15% of Profits in Bitcoin Stablecoin issuer Tether has revealed plans to allocate 15% of its monthly profits,
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Ripple’s acquisition of Metaco will enable the company to broaden its services through the integration of custody, issuance, and payment technologies for digital assets. Ripple Acquires Crypto Custody Firm Metaco for $250 Million On May 17, 2023, blockchain technology company Ripple announced its acquisition of Metaco, a Swiss-based crypto
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Ethereum layer-2 solution Optimism has rescheduled its Bedrock upgrade to early June, nearly two months later than initially planned. Optimism Sets Bedrock Upgrade Date for June 6 After several delays, Optimism (OP), the Ethereum layer-2 scaling solution, has announced the new date for its Bedrock upgrade, which is set for
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Lido Finance, the leading liquid staking protocol on Ethereum, has successfully rolled out its V2 upgrade. This significant update now allows users to unstake stETH and reclaim their original ETH. Lido Finance Launches V2, Activates ETH Staking Withdrawals On the evening of May 15, Lido Finance upgraded to version V2,
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Dogecoin (DOGE) daily transactions have surged to an all-time high (ATH) of 650,000 recently, driven by the creation of a large number of DRC-20 tokens on the Dogecoin network. Dogecoin Daily Transactions Hit ATH Thanks to DRC-20 Dogecoin Transactions Surge Past Bitcoin and Litecoin According to data shared by
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The crypto community is abuzz with discussions about ORC-20, a new token standard designed to enhance the BRC-20 craze. So, what exactly is ORC-20? ORC-20 Transactions Reach Record High Following the release of Binance Academy’s article on ORC-20, the number of ORC-20 transactions on the Bitcoin blockchain surged to
