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Thanks to The Open League initiative, Total Value Locked (TVL) on the TON blockchain has skyrocketed tenfold to reach $317 million. TVL TON Surges Tenfold in 3 Months, Crossing $317 Million Mark. Image: ONUS The Total Value Locked (TVL) on The Open Network (TON) blockchain surpassed the $317 million mark
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ENS Labs has unveiled a proposal to upgrade to ENSv2 aimed at reducing gas fees, enhancing service scalability, and migrating integrations to a Layer 2 network. Ethereum Name Service (ENS) Proposes Migration to Its Own Layer 2 In an announcement on the evening of May 28, 2024, Ethereum Name Service
DeFi
On the evening of May 27, Solana approved proposal SIMD-0096, allocating all priority transaction fees (Priority Fee) to Validators. Solana Passes Proposal to Allocate All Priority Transaction Fees to Validators Specifically, in Epoch 620, the voting process for proposal SIMD-0096 concluded. The total number of coins participating in the vote
On the evening of May 24, football superstar Cristiano Ronaldo announced the launch of his fourth NFT collection, set to debut on Binance on May 29. Cristiano Ronaldo to Launch Fourth NFT Collection on Binance on May 29 In a statement on the X platform, Portuguese football icon Cristiano Ronaldo
The Uniswap Foundation has revealed that it holds up to $41.41 million in cash and stablecoins, but it is expected to be "only enough" to cover expenses until the end of 2025. Uniswap Holds $41 Million in Cash but Only Enough Until End of 2025 In a
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Pectra, the next crucial upgrade of the Ethereum network, is scheduled to roll out in early 2025. Upgrade Pectra of Ethereum Scheduled for Q1/2025 During the regular meeting on May 23, Ethereum developers shared several new updates regarding the preparation for the network's next major upgrade, codenamed
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While the Ether ETF has just received preliminary approval from the SEC, Layer-2 Ethereum networks are celebrating a new milestone with record numbers of active wallets weekly. Layer-2 Ethereum Networks Set Record with 7 Million Active Wallets in a Week Since the beginning of 2024, the market has witnessed an
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In a recent announcement, LayerZero Labs has decided to restart its "Sybil hunting" campaign after a temporary halt, requiring participants to deposit 0.5 ETH to mitigate spam. LayerZero Relaunches "Sybil Hunting" Campaign on May 28. Image: The Block As reported by Coin68, on the morning
DeFi
After a prolonged period of silence, Uniswap has confirmed it will proceed with the official vote on the proposal to share transaction fees with UNI token holders. Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31 In the early hours of May 25, a representative
DeFi
The Total Value Locked (TVL) in the liquid restaking solution ether.fi has surged by $1 billion since news broke that Ethereum ETFs are likely to be approved. TVL of Ether.fi Increases by $1 Billion in Just 5 Days Ether.fi, a leading liquid restaking solution in the Ethereum
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The U.S. Securities and Exchange Commission (SEC) has announced the approval of all proposed Ethereum Spot ETFs, officially recognizing ETH as a "commodity" asset. SEC Officially Approves Ethereum Spot ETFs As predicted by experts, in the early hours of May 24, the U.S. Securities and Exchange
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Fantom has announced the establishment of Sonic Foundation and Sonic Labs alongside additional details about its upcoming blockchain launch. Fantom Introduces Sonic Foundation, Announces $10 Million Fundraising. Image: Fantom On the evening of May 23, Fantom Foundation revealed plans to establish Sonic Foundation and Sonic Labs ahead of the official
