The IOTA Foundation has been working to bring the ShimmerEVM mainnet to the market. Web3 Builder and Venture Fund Nakama Labs has recently shared an update on how it’s battle-testing the ShimmerEVM beta version by conducting some spam attacks on ShimmerEVM. The testnet chain has achieved a peak of 700 transactions per second (TPS), resulting […]
Hashdex, a crypto asset management company, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold actual spot Bitcoin. Exchange-traded funds, or ETFs, are investment funds that track BTC’s value and trade on traditional stock exchanges rather than crypto exchanges. Hashdex’s approach differs from recent […]
Borroe ($ROE) is an AI-powered funding marketplace that provides instant funding to web3 participants and content creators. The platform recently raised $250,000 in its presale beta stage and is currently in its first presale stage, selling tokens for $0.0125. Borroe ($ROE) has sold over 13 million tokens at this stage, and investors are impressed with […]
1inch, a decentralized exchange aggregator, has announced its expansion to the Coinbase-incubated layer-2 blockchain, Base. This will enable users to access the platform with lower transaction costs and higher speeds, as well as extra liquidity. The 1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on Base.Sergej Kunz, 1inch Network’s co-founder, commented […]
USD Coin, the world’s second-largest stablecoin by market capitalization, is set to launch on six new blockchains, including NEAR, Polkadot, and Base. This would make the stablecoin available on a total of 15 blockchains. The decision comes a day after Coinbase acquired a stake in USD Coin issuer Circle Internet Financial.The extension to the new […]
PayPal has recently made a groundbreaking move into the cryptocurrency market with the introduction of its stablecoin, PayPal USD (PYUSD). This digital asset is designed to facilitate secure and effortless virtual transactions, particularly within the realm of blockchain technology. PYUSD is backed by tangible assets such as USD deposits and short-term U.S. treasuries, ensuring its […]
The Optimism Foundation and Base, a Coinbase-backed Layer 2 platform, have announced a proposal to share governance of OP Chains. Base will receive a grant of 118 million OP tokens spread over six years, in order to reward their contributions to scaling Ethereum and the OP Stack. The grant also ensures Base’s long-term commitment to […]
Cryptocurrency presales are an attractive prospect for investors, offering the chance to get involved in crypto initiatives before they become more widely known. Two high utility crypto presales are reviewed in this post: yPredict and Launchpad XYZ.yPredict is an AI-driven platform that provides traders and investors with data-driven insights and analytical metrics. It integrates machine […]
XRP20, a decentralized exchange (DEX) token, has been trading on Uniswap since August 22. Despite the general crypto market weakness, its price has been resilient. Today, the XRP20 team announced that 5% of the total token supply will be burned, reducing the total supply and creating greater scarcity. This burn event is in addition to […]
Sonik Coin is the latest meme coin sensation that is backed by a strong following in the crypto community. Its goal is to move early investors to profit at the speed of light, with a total supply of approximately 299.79 billion tokens. 50% of the tokens are dedicated to the presale, 40% for staking rewards, […]
