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The amount of Ethereum (ETH) held on centralized exchanges has just reached its lowest level since the summer of 2016, driven by the growing trend of staking within the community. ETH Holdings on Exchanges Hit Lowest Level Since 2016 The amount of ETH on exchanges has dropped to its lowest
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Despite his affection for Dogecoin, Elon Musk remains cautious about the cryptocurrency and advises users not to invest excessively. Elon Musk Still Loves Dogecoin but Advises Against Going All In Speaking at the CEO Summit hosted by The Wall Street Journal in London, Tesla CEO Elon Musk reiterated his fondness
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Justin Sun has moved a substantial amount of MakerDAO (MKR) tokens to Binance, coinciding with the DeFi protocol undergoing a major platform overhaul. Justin Sun Transfers $4.3 Million in MakerDAO (MKR) Tokens to Binance On the evening of May 23, TRON founder Justin Sun transferred $4.3 million worth
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The Solana development team has just launched a plugin that allows users to connect the blockchain with the AI tool ChatGPT. Solana Integrates ChatGPT, Boosts AI Development Fund to $10 Million Solana has announced that this new tool is fully open-source and available for download on GitHub, as previously hinted
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The discrepancy between the declining trading volumes of stablecoins and the rising market cap of Tether (USDT) has raised questions among market analysts. Stablecoin Trading Volumes Decline While USDT Market Cap Continues to Rise USDT Trading Volume Hits 4-Year Low Despite Rising Market Cap According to market research firm Kaiko,
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Evmos has disclosed that its former founder is attempting to sell off 500,000 EVMOS staking tokens, which are held in what is reportedly the project's largest whale wallet. Former Evmos Founder Attempting to Dump Large Amount of EVMOS Staking Tokens Evmos Foundation, the blockchain project built on
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Ethereum founder Vitalik Buterin has expressed concerns about the complex consensus mechanisms that Ethereum is planning to implement, specifically regarding the Re-staking solution based on its original design. Vitalik Buterin Raises Concerns About Risks of "Re-staking" for Ethereum Network In a recent blog post, Buterin voiced caution regarding
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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.
