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Following its investment in Bitcoin, Tether has unveiled plans to bolster its Bitcoin holdings by launching a mining operation in Uruguay. Tether Launches Bitcoin Mining Farm in Uruguay On the evening of May 30, Tether—the company behind the world’s largest stablecoin, USDT—announced it will establish a cryptocurrency
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Raj Gokal, co-founder of Solana, has revealed that the blockchain is setting its sights on a 10 to 100-fold growth in the future through partnerships with smaller projects. Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth In an interview with TechCrunch on May 29, Solana
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Raj Gokal, co-founder of Solana, has revealed that the blockchain is setting its sights on a 10 to 100-fold growth in the future through partnerships with smaller projects. Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth In an interview with TechCrunch on May 29, Solana
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The Bitcoin Ordinals sector and BRC-20 tokens continue to prove their appeal, with the number of Inscription transactions soaring and driving a significant increase in BTC transaction fees. Bitcoin Ordinals and BTC Transaction Fees Hit New Highs Bitcoin Ordinals and BRC-20 tokens maintain their momentum despite ongoing debates within the
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The XRP network is experiencing a significant surge in daily active wallets. Many analysts consider this a positive indicator for XRP's price. XRP Network Sees Surge in Active Wallets: Positive Price Signal? Spike in Active Wallets Data from Santiment reveals that on May 28 and 29, the XRP
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The newly launched blockchain Sui is set to unlock $63 million worth of SUI tokens for the Sui Foundation and its community on June 3rd, coinciding with the IDO of Suiswap (SSWP). Sui (SUI) Set to Unlock $63 Million in Tokens on Suiswap IDO Day According to Token Unlocks, on
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The memecoin FLOKI has experienced impressive growth following its unexpected appearance on a billboard during the World Table Tennis Championships, which was broadcasted on a major Chinese TV channel. FLOKI "Explodes" After Featuring on Chinese TV During the World Table Tennis Championships finals, broadcasted on CCTV-5, China'
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After 8 years, a whale account that participated in the Ethereum ICO has begun transferring its entire investment to a single wallet. Ethereum ICO Wallet 'Wakes Up' After 8 Years According to data tracked by Lookonchain, a wallet that acquired 8,000 Ethereum (equivalent to $14.8 million)
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Sei Network (SEI) has introduced a new face verification feature on Discord, aimed at preventing bot accounts and Sybil attacks. Sei Network (SEI) Requests Face Verification for Airdrop Participation On May 27, the layer-1 blockchain project Sei Network announced the launch of a new feature called BotBasher, which requires Discord
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In June 2023, several major token unlock events are set to take place, with significant releases from 1inch (1INCH), BitDAO (BIT), and Blur (BLUR). Notable Token Unlocks for June 2023 According to data from Token Unlocks, there will be a total of 27 token unlocks in June, amounting to a
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Fantom has announced a new reward program that will return 15% of total transaction fees collected to projects built on its network. Fantom (FTM) to Distribute 15% of Transaction Fees to Network Projects Andre Cronje, the Chief Architect of Fantom, has unveiled a new gas fee incentive mechanism aimed at
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The Polygon ecosystem has introduced a direct bridge to its zkEVM solution, aiming to enhance user experience with several notable improvements. On Polygon's official Twitter, the project shared details about the new zkEVM Bridge. The bridge utilizes Zero-Knowledge technology, featuring two contracts at each end: Ethereum and Polygon