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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
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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
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The Total Value Locked (TVL) in the Fantom ecosystem saw a sharp increase last week as investors poured back in ahead of the upcoming significant upgrade called Sonic. Fantom (FTM) Announces Further Details on New Blockchain, Sonic Network (S), Promising an Airdrop Fantom (FTM), once renowned for its layer-1 blockchain,
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Over 1,000 BTC worth more than $62.8 million has been transferred from wallet addresses that have been inactive for over a decade, sparking numerous questions about the origin and motives behind this event. Bitcoin Stash Over 10 Years Old Moves Again Two Bitcoin wallet addresses that had been
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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
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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