Big Cap
Blast currently ranks as the 7th largest blockchain network by Total Value Locked (TVL), with nearly $1.5 billion USD in assets pouring in. Since its mainnet launch, Blast's performance metrics have consistently shown positive results. In mid-June, Blast even surpassed OP Mainnet in transaction volume and active
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Mt. Gox Officially Repays BTC and BCH Debt - Bitcoin Price Hovering Around $54,000, $680 Million Liquidated The recent announcement by Mt. Gox on July 5th marks the official repayment of BTC and BCH to users, further dampening market sentiment in a negative direction. In recent days, the "
DeFi
The Total Value Locked (TVL) in the Symbiotic restaking protocol has officially surpassed $1 billion, closing the gap with competitor EigenLayer. Symbiotic Reaches $1 Billion TVL Milestone Symbiotic, an ambitious restaking protocol aiming to compete with EigenLayer, hit the deposit limit of 210,600 stETH (approximately $800 million) within just
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Once again, the cryptocurrency market plunges in the early days of July, led by Bitcoin. Market fluctuations of top cryptocurrencies as of 09:15 AM on July 4, 2024. Source: Coin360 On the morning of July 4th, Bitcoin's price dropped to $57,800 USD, marking its lowest point
DeFi
The Total Value Locked (TVL) in Pendle Finance has decreased by over 40% in the past week after several products matured on June 27. Pendle TVL Drops Nearly $3 Billion in 7 Days According to data from DefiLlama, the DeFi protocol developed on Ethereum, Pendle Finance, saw around $3 billion
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The price of Bittensor's TAO token is plummeting due to news of the project halting trading to investigate alleged user attacks. Bittensor (TAO) Halts Trading to Investigate User Attack Allegations Update as of July 4, 2024: As of July 4 morning, Bittensor has provided an update on the
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Astar Network, a multi-chain smart contract platform, has announced the permanent removal of tokens originally allocated for past Polkadot parachain auctions. Astar Network Burns 5% of Supply, ASTR Price Surges. Image: Decrypt Astar Network has decided to burn 350 million ASTR tokens, equivalent to 5% of its total supply, following
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Blast, a Layer-2 solution on Ethereum, has unveiled details of its second-phase airdrop, allocating up to 10 billion tokens. Blast Announces Phase 2 Airdrop, Allocates Additional 10 Billion Tokens As reported by Coin68, the Layer-2 platform on Ethereum known as Blast conducted its token airdrop event last week. The BLAST
DeFi
Vitalik Buterin, the co-founder of Ethereum, recently shared his proposal for a "slot-and-epoch" model, aimed at improving the security and optimizing the interaction mechanism between Layer-1 and Layer-2. Vitalik Proposes Slot-and-Epoch Model to Enhance Layer-2 Security In his latest post, shared on his official X account on the
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Polkadot's mid-year 2024 report reveals operational expenses totaling $87 million, with $37 million allocated to marketing efforts. Polkadot Criticized for Heavy Spending on Marketing With Little Effect. Image: Polkadot The Polkadot (DOT) community is currently debating the latest operational report for the first half of 2024, which saw
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Investors have withdrawn $61 million from Ethereum Exchange Traded Products (ETPs) in the final week of June 2024, bringing the total outflow over the past two weeks to $119 million. Ethereum with coins faded backgroundETP Ethereum Sees Largest Outflow Since 2022 According to CoinShares' weekly analysis, investors pulled $61
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More than 50 projects are scheduled to unlock tokens in July 2024, totaling up to $800 million in value. Notable Token Unlock Events in July 2024. Image: CoinDesk According to Coin68's compilation, the cryptocurrency industry is set to unlock over $800 million worth of tokens next month. Most
