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The Solana network is facing a major issue with up to 75% of transactions failing during execution, significantly impacting user experience. According to data compiled by Dune Analytics, Solana has witnessed up to 75% of "non-vote" transactions—transactions involving token transfers, not staking or governance—failing within the
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On Thursday (04/04), Ripple revealed its plan to deploy a stablecoin across two blockchain networks: Ethereum and Ripple. Ripple announces plan to launch new stablecoin It's known that the stablecoin will be issued later this year with assets backed by USD, short-term US Government bonds, and other
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A sudden Bitcoin dump and crypto market crash on the morning of April 2 left many investors caught off guard. Market fluctuations of top cryptocurrencies at 10:35 AM on April 2, 2024. Source: Coin360 Around 09:15 AM on April 2, 2024, Bitcoin (BTC) unexpectedly plummeted from $69,000
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Layer-2 protocol Manta Network has witnessed over a 52% decrease in Total Value Locked (TVL) shortly after enabling asset withdrawals from staking. TVL Manta Network drops by 52% in 7 days According to data from DefiLlama, in the past week, the Total Value Locked (TVL) on Manta Network's
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Telegram, a popular messaging app within the crypto community, has officially introduced a revenue-sharing model where channel owners receive 50% of advertising revenue, while also implementing payments via TON. Telegram allows users to pay for ads with TON, sharing half of the revenue with channel owners In early April 2024,
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Tether, the company behind the USDT stablecoin, has acquired an additional 8,888 Bitcoin (BTC), valued at $627 million, in Q1 2024. Tether accumulates Bitcoin from January 11 to April 1, 2024. Source: CoinStats This recent transaction has boosted Tether's Bitcoin reserve to 75,354 BTC, approximately $5.
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In April 2024, over 36 projects are scheduled to unlock tokens with a total value nearing $1.7 billion USD, involving prominent names like dYdX, Aptos, Starknet, Arbitrum, and Optimism. Notable Token Unlocks in April 2024 Compiled data from Token Unlocks indicates that the cryptocurrency sector will witness token unlocks
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Ethereum co-founder Vitalik Buterin aims to tackle scalability head-on, positioning the blockchain as a foundational layer for projects to build upon. Vitalik Buterin Outlines Ethereum Scaling Extensions Post-Dencun Upgrade Late on March 28, Ethereum co-founder Vitalik Buterin published a blog post outlining his vision for what lies ahead for the
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The price surge of MNT has propelled the blockchain platform Mantle to an impressive market capitalization exceeding $4 billion. Mantle Launches Staking Program, MNT Price Hits New ATH Mantle, a Layer-2 solution on Ethereum, stands out as one of the leading projects in the market. The token price of MNT
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Data from Dune Analytics shows that blobs, the new data storage mechanism from the Dencun upgrade, are being utilized to create Inscriptions at record speeds. Ethereum's Blobs Used to Create Inscriptions Similar to Bitcoin According to on-chain analyst Hildobby on Dune Analytics, the Ethereum network has witnessed 6,
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The 21Shares Toncoin Staking ETP (TONN) has been listed on the Swiss stock exchange SIX since yesterday. 21Shares Launches Toncoin Staking ETP on Swiss Stock Exchange SIX 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs) globally, has recently introduced a staking ETP based on Toncoin (TON) from The Open
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Optimism, a Layer-2 solution on Ethereum, has announced the allocation of 850 million OP tokens, valued at $3.3 billion, to fund community-driven projects and has outlined three additional funding rounds throughout 2024. Optimism Allocates $3.3 Billion in OP Tokens to Developer Grants In a recent announcement on the