After making waves for three weeks since its launch on April 19, coinciding with the fourth Bitcoin halving event, Runes Protocol has recently experienced a significant decline in activity on the world's largest blockchain network, Bitcoin. Activity on Runes Protocol Declines Unexpectedly After 3 Weeks Since Launch In
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Bitcoin mining difficulty has dropped by 5.7%, down to 83.1 trillion hashes, as network hash rate fell below 600 EH/s following the halving event. Bitcoin Mining Difficulty Records Largest Decrease in 1.5 Years According to data from Bitbo, Bitcoin mining difficulty has decreased by 5.7%
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Pantera Capital has placed a substantial bet on The Open Network (TON), recognizing the immense potential of this blockchain. TON Marks Pantera Capital's Largest Investment in Web3. Photo: Pantera In a blog post published on May 8, Dan Morehead, co-founder and CEO of Pantera Capital, shared the rationale
NFT & GameFi
According to on-chain detective ZachXBT, an owner of Bored Ape Yacht Club lost 3 NFTs valued at 54.8 ETH (164,000 USD) to a phishing attack. User loses 3 Rare Bored Ape NFTs to Phishing Scam As first reported by on-chain investigator ZachXBT, an NFT investor fell victim to
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The Ethereum supply is rapidly increasing since The Merge, as transaction fees burned decreased significantly post Dencun upgrade. Dencun Upgrade Triggering Ethereum Inflation Resurgence. Photo: Decrypt According to findings from CryptoQuant, the Dencun upgrade has reignited Ethereum inflation, jeopardizing its "Ultrasound Money" characteristics. "Ultrasound money" is
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To counter the disruptions caused by sandwich bots on Solana, users have spent millions of USD to protect their transactions through Jito. Solana Users Pay Millions in Fees to Combat Transaction-Front Running Bots. Photo: DL News Solana has recently emerged as a new playground for investors with the explosion of
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As of now, NEAR Protocol has yet to issue any statements regarding the Morse code snippet and unusual tweets appearing on their X account. Suspicions Surround NEAR Protocol Amid Alleged Hacker Activity. Photo: NEAR Protocol In the early hours of May 9th (Vietnam time), NEAR Protocol's X account
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Optimism has announced the launch of two new features, opening doors for Layer-3 projects to join Superchain through deployment on OP Stack. Optimism Superchain Supports Layer-3 Development on OP Stack On May 8th, Optimism unveiled that Layer-3 projects can now join Superchain by developing on OP Stack and sharing revenue
NFT & GameFi
According to Axios, former U.S. President Donald Trump plans to spend a court recess day dining with fans who purchased his "Mugshot Edition" NFTs. Donald Trump Dedicates Court Recess Day to "Thank" NFT Buyers Reportedly, Trump flew to Palm Beach, Florida on May 7, 2024,
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In a recent proposal, EIP-7702, Vitalik Buterin along with other developers including Sam Wilson, Ansgar Dietrichs, and Matt Garnett, have refined account abstraction on the Ethereum network. Vitalik Buterin has proposed EIP-7702 to enhance EIP-3074's account abstraction EIP-7702 introduces a new type of transaction that allows Externally Owned
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The deadline for SEC to decide on the approval or rejection of Invesco Galaxy's Ethereum spot ETF is set for July 5, 2024. SEC Delays Approval Schedule for Invesco's Ethereum Spot ETF. Image: Forbes Expectations for the debut of an Ethereum spot ETF have been diminishing
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Arbitrum has officially crossed the milestone of $150 billion USD in trading volume, making it the most utilized Layer-2 protocol on the Uniswap decentralized exchange (DEX). In a statement released on the evening of May 6th, Uniswap confirmed Arbitrum as the first Layer-2 solution to achieve this feat on its
