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Investors have withdrawn $61 million from Ethereum Exchange Traded Products (ETPs) in the final week of June 2024, bringing the total outflow over the past two weeks to $119 million.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
DeFi
In response to recent congestion issues on Layer-2, Arbitrum has announced a new transaction sorting and processing proposal called Timeboost. Arbitrum Proposes New Transaction Processing Mechanism Called Timeboost The proposal was unveiled and discussed in Arbitrum's DAO forum on the evening of June 28th. This mechanism is planned
NFT & GameFi
The parent company of the NFT collection Pudgy Penguins has announced plans to develop its own blockchain by acquiring the Frame project. Pudgy Penguins Acquires Frame, Launches Abstract Chain Layer-2 In an announcement on the evening of June 28, Igloo Inc., the company behind the Pudgy Penguins NFT collection, revealed
DeFi
Cross-chain infrastructure solution Wormhole has announced a partnership with Worldcoin to introduce the World ID identification solution to the Solana ecosystem. Wormhole Partners with Worldcoin to Bring World ID Technology to Solana Network This collaboration is part of Worldcoin's Human Collective Grants program. As part of this initiative,
NFT & GameFi
Follow Coin68 on Google News Data from CryptoSlam shows that NFT trading volume in Q2 2024 plummeted by over 45% compared to the previous quarter. NFT Trading Volume Drops 45% in Q2 2024 According to CryptoSlam, Q1 2024 saw NFT trading volume surge from $2.9 billion in Q4 2023
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Layer-2 platform on Ethereum, Blast, has confirmed the token airdrop timing for community users at 09:00 PM on May 26th (Vietnam time). Blast Announces Tokenomics, Airdrop Scheduled for 9 PM Tonight After a missed appointment in mid-May, today on June 26, 2024, Blast, the Layer-2 blockchain built on Optimistic
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The crypto market in the first half of 2024 has witnessed GameFi, DeFi, and Layer-2 sectors slightly lagging behind emerging segments and the frenzy surrounding memecoins. Which crypto segment has been the most profitable in the first half of 2024? Image: GN Crypto Profitable Crypto Segments for Investors As we
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US Bitcoin spot ETFs recorded a total inflow of $31 million on June 25, marking the first day of positive cash flow after 7 consecutive days of outflow. Bitcoin Spot ETFs See First Positive Cash Flow After 7-Day Outflow After several days of grappling with a barrage of bad news
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The Dencun upgrade is blamed for driving Ethereum deep into prolonged inflation post The Merge in 2022. Ethereum (ETH) Returns to Inflation in the Past 73 Days. Image: Newsbit As reported by Coin68, Ethereum's supply has been steadily increasing since mid-April, as transaction fees burned dwindled post the
