Optimism network transactions surged 67% following Bedrock upgrade — Nansen
Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread...
NFT News
Here’s the Journey So Far
CryptoPunks, one of the first non-fungible token (NFT) collections on the Ethereum blockchain, has reached a significant milestone as it...
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes withdrawals…
Top Stories This Week ‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss Recently renewed optimism for an approved...
Institutional Adoption of DeFi is ‘Many Years Away,’ Says BlackRock Executive
Joseph Chalom – BlackRock’s head of strategic partnerships – thinks the current regulatory environment is not quite welcoming for leading...
DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to...
Wallet providers introduce BRC-20 token support despite market drawdown
On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature,...
Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a...
Etherscan launches AI-powered Code Reader
On June 19, Ethereum block explorer and analytics platform Etherscan launched a new tool dubbed “Code Reader” that utilizes artificial...
Watch out Ordinals, 30,000 ‘Ethscriptions’ land on Ethereum
Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with...
Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the...
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a...
Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
The Curve decentralized autonomous organization’s (DAO’s) governance token CRV dropped 12% on June 15 after reports surfaced of risky loans...
Aave proposal to freeze alleged Curve founder’s loans draws controversy
A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy,...
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price...
DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a...
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow...
Binance, Coinbase head to court; the SEC labels 67 crypto-securities
Top Stories This Week U.S. SEC sues Binance and Coinbase amidst crypto crackdown Binance and Coinbase have been targeted in...
Dapp Industry Grew by 10% in May Despite DeFi Declines
According to DappRadar’s monthly industry report, the decentralized application industry grew by 9.97% in May. It has reached an average...
PoolTogether Case Dismissed, For Now
In late 2020, PoolTogether was sued by Joseph Kent, a software engineer who, at the time, was working as the...
Decentralized App Sweat Economy Unveils Governance Vote to Decide the Fate of 2B SWEAT Tokens
Sweat Economy – a fitness-focused decentralized application – announced the launch of a new governance vote on June 7th in...
Binance NFT Marketplace Announces Support for Bitcoin NFT Collections
Binance doubled down its efforts on the non-fungible token sector as it announced support for Bitcoin NFTs on Tuesday amidst...
Over $35 Million Reportely Stolen From Atomic Wallet Users
The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users resulting in...
