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Mode Network has revealed plans for at least two airdrop phases for users utilizing its Ethereum-based layer-2 solution. Mode Network Announces First Phase Airdrop of MODE Tokens on May 7 On the morning of May 3, the Ethereum-based layer-2 Mode Network disclosed initial details about its upcoming MODE token airdrop
DeFi
Uniswap Wallets Surge 140% Year-on-Year According to data extracted from Dune Analytics by The Block, the total number of wallets on the decentralized exchange (DEX) Uniswap has skyrocketed from 3.03 million in May 2023 to 7.26 million currently, marking a 140% increase in just one year. Uniswap Wallet
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Aligning with expectations, the Federal Open Market Committee (FOMC), the decision-making body of the U.S. Federal Reserve, announced early on May 2nd (Vietnam time) its decision to maintain the current interest rates. Fed Holds Interest Rates for 6th Consecutive Time - Bitcoin Remains "Under Pressure". Image: Coin360
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After much speculation and anticipation, the cross-chain solution LayerZero officially announced on the morning of May 2nd that it has conducted a snapshot in preparation for its upcoming token airdrop. LayerZero Conducts Snapshot, Prepares for Token Airdrop At 7 AM Vietnam time on May 2nd, X (Twitter), the official handle
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Once praised by SEC Chairman Gary Gensler, the layer-1 blockchain network Algorand now ranks among the projects with the highest investor losses. https://cdn.coin68.com/images/20240502062658-5eae01cb-3475-4ee0-b186-3fb0aad1f4c1-13.jpg Blockchain Once Praised by SEC Chairman Lands Among Top Projects with Highest Investor Losses According to data from the cryptocurrency analytics
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AltLayer introduces a new ERC-20 token named restaked ALT (reALT) for the Phase II of its AltLayer staking program. Users will receive reALT tokens when participating in ALT staking. AltLayer Launches reALT Token for Phase II Staking Program AltLayer has rolled out Phase II of its staking program and introduced
DeFi
EigenLayer has recently unveiled a new concept called "Intersubjective Staking/Forking" alongside its much-discussed token launch. This article delves into the intricacies of this novel concept. Overview Before diving into the core concept of Intersubjective Staking/Forking, it's beneficial to revisit some fundamental blockchain validation concepts:
DeFi
Aave, the leading lending protocol on Ethereum, recently unveiled its plans to launch version V4 with several notable changes aimed at enhancing user experience and expanding its reach. Key Goals of Aave V4: Today @avara, through @aave labs, published on the Aave Governance forum a new proposal aimed at introducing
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In May 2024, more than 41 projects are slated to unlock tokens, with a cumulative value nearing $5 billion USD. Noteworthy Token Unlock Events in May 2024 According to data compiled from Token Unlocks and CryptoRanks, the cryptocurrency sector is expected to release approximately $5 billion USD worth of tokens
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a16z, the investment fund believed to be involved in the private sale round, purchased 19.5 million OP tokens from Optimism back in March 2024. According to sources from Unchained Crypto, the mysterious investment fund has allocated $90 million to acquire an additional 19.5 million tokens of OP Mainnet/
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The cryptocurrency market continues its days-long decline under selling pressure from ETFs. At the beginning of May, Bitcoin suddenly dropped to $56,600, officially falling below the "60K" mark. Bitcoin Drops to $56,600 as ETFs See 5 Consecutive Days of No Inflows In the early afternoon of
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On the evening of May 1st, 2024, Tether (USDT), the stablecoin issuer, released its financial report for Q1/2024 audited by BDO, a leading global independent audit firm. Specifically, within the first three months of 2024, Tether recorded a net profit of $4.52 billion — a record-breaking figure in the
