DeFi
Lido Finance, the leading Liquid Staking solution on Ethereum, has announced a proposal to expand the testing scope of Distributed Validator Technology (DVT). Lido Proposes Expansion of Distributed Validator Technology (DVT) Testing Lido Finance recently posted a proposal on its forum to expand the testing scope of DVT to 4%
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
Big Cap
ETF Ethereum Futures trading volume has reached an all-time high amidst increasing anticipation of spot product approvals. ETF Ethereum Futures Trading Volume Hits All-Time High. Image: Bloomberg On May 22, trading volumes for Ethereum Futures ETFs hit a record $47.75 million USD, marking a 40% increase from the previous
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Numerous memecoins on Ethereum are surging thanks to the heating up of the Ethereum ETF spot effect. Memecoins "Moon" as Ethereum ETF Spot Effect Takes Center Stage. Photo: Coingape It's not just ETH responding positively to the SEC's signals of approving Ethereum ETF spots,
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Sui has officially introduced Mysticeti on its Testnet, enhancing performance by reducing consensus time to just 390 milliseconds, thereby setting a new standard for transaction speed in blockchain upon its Mainnet launch. Sui Launches Mysticeti Testnet, Becomes World's Fastest Consensus Mechanism Blockchain Currently, blockchains are fiercely competing to
On May 20, CryptoPunks partnered with black artist Nina Chanel Abney to launch an NFT collection named Super Punk World. CryptoPunks Releases New NFT Collection, Faces Backlash from Community According to an official post on CryptoPunks' X account, Super Punk World is a collection of 500 3D artworks that
NFT & GameFi
Update Evening of 21/05/2024: On the evening of May 21, the crypto community discovered that the hacker had returned all the stolen ETH to Gala Games' wallet. lmao the @poweredbygala exploiter sent the ~5.9K ETH back to the minter account a few hours ago cc @spreekaway
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Sei Foundation has proposed a governance initiative to implement the V2 upgrade on its Layer-1 blockchain, Sei Network, prompting a positive response in SEI prices. Sei Proposes V2 Upgrade with EVM Integration, SEI Price Surges. Image: Sei Sei Labs has initiated a governance proposal to execute the V2 upgrade on
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Approximately $1.2 billion in net inflows have poured into 11 US Bitcoin spot ETFs over the past 6 days, with $237.2 million alone on May 20. Bitcoin Spot ETFs Record 6 Consecutive Days of Inflows, Totaling $1.2 Billion After a period of subdued trading for over a
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According to insights from The Block, zkSync - the Layer-2 solution developed by Matter Labs - is set to announce its native token this week. zkSync confirms it will airdrop tokens to users in mid-June The anticipated total supply of this token is 21 billion, with details of the airdrop
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Solana's SOL has reached a monthly peak, outperforming most other cryptocurrencies in the market. Syncracy Capital: Solana (SOL) Could Reach $200 Before June 2024. Image: Blockworks In an article on X dated May 17, Daniel Choung, co-founder of digital asset hedge fund Syncracy Capital, expressed optimism about SOL,
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In his latest blog post, Vitalik Buterin highlighted three primary threats affecting decentralization on Ethereum and proposed solutions to address these issues in the near future. Vitalik Buterin Outlines Solutions to Enhance Decentralization on Ethereum On May 16, prominent Ethereum developer Peter Szilagyi identified three major issues threatening the current
