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Blockchain protocol Injective has announced the launch of a $150 million ecosystem development fund, sparking a 26% surge in the INJ token price. Injective Launches $150 Million Ecosystem Fund, INJ Price Rises 26% On the evening of January 25, Injective (INJ) revealed its plan to allocate $150 million towards developing
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centralized exchange dYdX will unexpectedly delay its token unlock by up to 10 months, causing a surge in DYDX prices. As of late January 25, dYdX has confirmed the postponement of the token unlock schedule for investors, employees, and advisors to December 2023, involving a total of 400 million DYDX
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After nearly two months of inflationary conditions, the amount of ETH burned from transaction fees has once again surpassed the supply from staking. Ethereum (ETH) Returns to Deflationary State Thanks to Revived Network Activity According to data from Ultrasound.money, the Ethereum network has returned to a deflationary state for
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Ethereum founder Vitalik Buterin recently published a blog post proposing a new solution called "Stealth Address" to bolster privacy protection for blockchain users. In his post, Vitalik emphasized that privacy protection remains one of the ecosystem’s significant challenges and that "addressing this issue is critically important.
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Ethereum is on the cusp of rolling out its Shanghai upgrade, which will notably include the ability to withdraw ETH from the Beacon Chain. On the evening of January 23rd, the network made significant strides towards its goal of implementing this upgrade by March of this year. On his personal
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Circle, the issuer of the USDC stablecoin, is planning to roll out a cross-chain swap feature for USDC in Q1 2023, named the Cross-Chain Transfer Protocol (CCTP). According to Jeremy Allaire, CEO of Circle, the company will introduce a cross-chain bridge for USDC in Q1 2023, aimed at making inter-blockchain
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While celebrating the Lunar New Year, let’s not forget our trading plans for the upcoming week! Don't forget to join the 68 Trading community for more quality trade signals: Join 68 Trading now for high-quality trading setups! Review of Last Week’s Trading Plan Recap: 68 Trading
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The cryptocurrency market, and Bitcoin in particular, has quickly shrugged off recent negative news to reach new highs for 2023. Top cryptocurrency price movements at 08:50 AM on January 21, 2023. Source: Coin360 On the morning of January 21, the cryptocurrency market resumed strong growth after a brief consolidation
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According to a report from Token Unlocks, an estimated $102 billion worth of tokens are still awaiting unlocking in the coming years, including prominent names like XRP, FIL, OP, LINK, and BIT. Token Unlocks has compiled data from 300 leading projects with fixed supplies on CoinGecko to produce the following
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Fantom has unveiled a new decentralized funding mechanism for projects within its ecosystem, named the “Ecosystem Vault.” Fantom has recently launched a new product designed to enable projects within its ecosystem to raise funds in a decentralized manner from the community, known as Ecosystem Vault. With this mechanism, projects can
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Polkadot has released Version 3 of its Cross-Consensus Messaging (XCM) feature, enhancing interoperability between different blockchains within its ecosystem. Cross-Consensus Messaging (XCM) is a feature introduced by Polkadot in May 2022 to facilitate seamless interaction and direct data transfer among parachains within the ecosystem. According to Polkadot founder Gavin Wood,
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The Layer 2 Ethereum solution zkSync is teaming up with Espresso Systems, a crypto infrastructure company, to enable private transactions on its platform. zkSync Integrates New Technology for Private Transactions on Its Network This collaboration will incorporate Espresso Systems' new privacy technology, CAPE (Configurable Asset Privacy), built on Ethereum.
