Ethereum’s Layer 2 solutions have achieved a remarkable milestone, reaching 54 transactions per second (TPS) on August 21st. This 5.1-fold increase in transaction throughput has been driven by scaling solutions such as ZKsync and BASE, the latter of which was nurtured by Coinbase’s incubation efforts.First-time transacting wallets have surged, surpassing Ethereum’s activity on occasion. This […]
Crypto investing is undergoing a transformation, with the reduction of later-stage risks paving the way for financialization and institutional adoption. This presents an “allocator’s dilemma” for investors, as they must decide how to best capitalize on this moment of transition. Smaller funds have a unique opportunity to outperform, but this won’t last forever. Institutional investors […]
Bitcoin mining revenue has seen a steady increase since the start of the year, despite the top five largest crypto mining companies collectively losing $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash.Hut 8 and Cipher experienced the most significant percentage decline, losing 32%, equivalent to over $400 million of their […]
Solana Labs has announced the integration of its decentralized payment protocol, Solana Pay, with Shopify, a major e-commerce platform. This integration will enable businesses to facilitate payments using USDC, a stablecoin closely tied to the U.S. dollar. The protocol will also consider adding cryptocurrencies like SOL and BONK in the future.Shopify, representing 10% of U.S. […]
Vultor, a crypto payments company, announced the launch of the presale for its native token, VLT. Through the presale, the crypto project aims to increase the popularity of its main product and allow presale participants to be part of a transformative journey. The price of 1 VLT token is $0.16, and it will not change […]
Businesses using the Shopify platform now have the ability to benefit from zero-fee crypto transactions with the integration of Solana Pay. This integration allows businesses to accept payments in cryptocurrencies such as Bitcoin, Ethereum, and Solana, without having to pay any fees. This is a major benefit for businesses, as it allows them to save […]
Binance Labs, the venture capital and incubation subsidiary of the global cryptocurrency platform Binance, has invested in Pendle Finance, a leading DeFi protocol focused on yield tokenization. This collaboration aims to provide a more accessible and optimized yield management experience for all users, ranging from retail to institutional levels. Pendle Finance facilitates the tokenization and […]
Membrane Finance, a leading fintech company based out of Finland, has recently launched the EUROe, Solana’s first euro stablecoin. This integration provides enhanced transactional flexibility across Europe, allowing users to move between digital and traditional financial realms more seamlessly. The EUROe is fully compliant with the impending Markets in Crypto Assets regulations, set to be […]
IOTA is collaborating with Taiwan’s government to learn about decentralized identity (DID) from European counterparts for enhancing state technology. The Taiwan community holds a strong fondness for IOTA, as the government is looking to work along with IOTA in implementing decentralized ID solutions. IOTA is also working with the European Union on its EDIC digital […]
Dogecoin ($DOGE) has seen a sharp drop in its value over the past ten days, with the coin’s price now 25% lower than its July high. Technical analysis from ChatGPT suggests that the coin could drop further, potentially to $0.046 in the near term. Other meme coins, such as Wall Street Memes ($WSM) and Sonik […]
