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In June 2024, more than 40 projects are scheduled to unlock tokens worth over $1 billion USD, according to Coin68's compilation. Notable Token Unlocks in June 2024. Image: Decrypt The cryptocurrency industry is set to unlock over $1 billion USD worth of tokens next month. This includes a
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In its latest move, LayerZero has enabled seamless asset transfers for Solana users across Arbitrum, Ethereum, Polygon, and other chains integrated with LayerZero. LayerZero Integrates Solana into Cross-Chain Network. Image: LayerZero LayerZero's cross-chain solution has officially incorporated Solana into its network of over 70 integrated blockchains. This integration
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U.S. regulators previously approved the Volatility Shares 2x Bitcoin ETF over a year ago. Now, the asset management firm is set to launch its first Ethereum ETF with 2x leverage, starting on June 4th. ETF Ethereum Futures with 2x Leverage Set to Begin Trading The Volatility Shares 2x Ethereum
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Sei Foundation announced its second airdrop on May 29th, completing "Phase 2" in preparation for the Sei V2 upgrade. Sei Foundation Second Airdrop Allocates Over 27 Million SEI Tokens Sei, a Layer 1 blockchain built on the Cosmos SDK platform, conducted its second airdrop, distributing 27 million SEI
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Thanks to The Open League initiative, Total Value Locked (TVL) on the TON blockchain has skyrocketed tenfold to reach $317 million. TVL TON Surges Tenfold in 3 Months, Crossing $317 Million Mark. Image: ONUS The Total Value Locked (TVL) on The Open Network (TON) blockchain surpassed the $317 million mark
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ENS Labs has unveiled a proposal to upgrade to ENSv2 aimed at reducing gas fees, enhancing service scalability, and migrating integrations to a Layer 2 network. Ethereum Name Service (ENS) Proposes Migration to Its Own Layer 2 In an announcement on the evening of May 28, 2024, Ethereum Name Service
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Pectra, the next crucial upgrade of the Ethereum network, is scheduled to roll out in early 2025. Upgrade Pectra of Ethereum Scheduled for Q1/2025 During the regular meeting on May 23, Ethereum developers shared several new updates regarding the preparation for the network's next major upgrade, codenamed
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While the Ether ETF has just received preliminary approval from the SEC, Layer-2 Ethereum networks are celebrating a new milestone with record numbers of active wallets weekly. Layer-2 Ethereum Networks Set Record with 7 Million Active Wallets in a Week Since the beginning of 2024, the market has witnessed an
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In a recent announcement, LayerZero Labs has decided to restart its "Sybil hunting" campaign after a temporary halt, requiring participants to deposit 0.5 ETH to mitigate spam. LayerZero Relaunches "Sybil Hunting" Campaign on May 28. Image: The Block As reported by Coin68, on the morning
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The U.S. Securities and Exchange Commission (SEC) has announced the approval of all proposed Ethereum Spot ETFs, officially recognizing ETH as a "commodity" asset. SEC Officially Approves Ethereum Spot ETFs As predicted by experts, in the early hours of May 24, the U.S. Securities and Exchange
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Fantom has announced the establishment of Sonic Foundation and Sonic Labs alongside additional details about its upcoming blockchain launch. Fantom Introduces Sonic Foundation, Announces $10 Million Fundraising. Image: Fantom On the evening of May 23, Fantom Foundation revealed plans to establish Sonic Foundation and Sonic Labs ahead of the official
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ETF Ethereum Futures trading volume has reached an all-time high amidst increasing anticipation of spot product approvals. ETF Ethereum Futures Trading Volume Hits All-Time High. Image: Bloomberg On May 22, trading volumes for Ethereum Futures ETFs hit a record $47.75 million USD, marking a 40% increase from the previous