Category Archive: Cryptocurrency, No picture

Aethir launches mainnet on Ethereum, token skyrockets by 100% in 2 hours

Aethir launches mainnet on Ethereum, token skyrockets by 100% in 2 hours

DePIN protocol Aethir has officially launched its decentralized cloud computing network on the Ethereum mainnet, along with its native token ATH. In the last two hours since its launch, the token leaped nearly 100%, data aggregator CoinGecko shows.Aethir’s platform enables the renting of high-performance compute resources for AI training or digital content rendering. Its economy […]
Crypto execs court Labour as UK election looms

Crypto execs court Labour as UK election looms

UK Prime Minister Rishi Sunak recently announced a snap election, placing the country’s political situation into uncertainty and turmoil. In response, crypto executives have turned to the competition to gather support and lobby for clearer crypto regulation.According to a report from Bloomberg, two nights prior to Sunak’s announcement, crypto executives gathered on a House of […]
MetaMask rolls out native Ethereum staking in its wallet

MetaMask rolls out native Ethereum staking in its wallet

MetaMask announced today its Pooled Staking function, enabling users to stake any amount of Ether (ETH) and earn rewards natively on the wallet. According to the announcement, this new feature from Consensys allows users to participate in the broader Ethereum’s security, previously limited to those with 32 ETH or more. “With Pooled Staking, MetaMask users […]
Bitcoin potential upside muted by hedge funds shorting futures, Glassnode reports

Bitcoin potential upside muted by hedge funds shorting futures, Glassnode reports

Despite the impressive flows registered by spot Bitcoin exchange-traded funds (ETFs) in the US have seen impressive inflows, the expected positive impact on the market prices is being hindered by a strategy called “cash-and-carry.” According to on-chain analysis firm Glassnode, investors are longing Bitcoin through US Spot ETFs and shorting the asset via futures traded […]
Tether to invest $1 billion in startups until 2025, says Paolo Ardoino

Tether to invest $1 billion in startups until 2025, says Paolo Ardoino

Tether is set to channel over $1 billion into various deals within the coming year, as revealed by CEO Paolo Ardoino in a Bloomberg interview. Through its venture arm called Tether Investments, the company will focus on alternative financial infrastructure, artificial intelligence (AI), and biotech. Notably, Ardoino revealed that Tether Investments’ team is already actively […]
SushiSwap dissolves DAO, repositions as Sushi Labs with new council structure

SushiSwap dissolves DAO, repositions as Sushi Labs with new council structure

Decentralized exchange SushiSwap has rebranded as Sushi Labs, an autonomous company replacing the protocol’s decentralized autonomous organization (DAO), although the SushiSwap name will still be used for its DEX-focused operations.In a bid to address slowing growth and liquidity issues, SushiSwap has introduced a new business model under the name Sushi Labs. The revamp replaces the […]
zkSync airdrop under fire for Sybil attacks and ineligibility cases

zkSync airdrop under fire for Sybil attacks and ineligibility cases

The long-awaited layer-2 blockchain zkSync airdrop checker was revealed today, with 17.5% of the token supply destined for 695,000 wallets. Despite the significant supply allocation, nearly 90% of all addresses that interacted with the blockchain got out of the reward distribution, sparking backlash from part of the crypto community on how Matter Labs fought against […]
Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15

Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15

The ASI Alliance, a new alliance formed by Fetch.ai, SingularityNET (SNET), and Ocean Protocol, has announced a new date for their anticipated token merger. The event, initially set for June 13, is now slated for July 15, according to a press release shared by the team.The merger’s preparation involves complex integrations and coordination with various […]
MicroStrategy shares surge 134% and outpaces Bitcoin in 2024

MicroStrategy shares surge 134% and outpaces Bitcoin in 2024

MicroStrategy’s stock has experienced a remarkable 132% increase this year, outpacing Bitcoin (BTC) and other companies with BTC exposure, as reported by research firm Kaiko. The surge is partially due to a short squeeze and is particularly significant in light of the new spot Bitcoin exchange-traded funds (ETFs) in the US, which provide an easy […]
TRON DAO announces HackaTRON Season 6 qualifiers

TRON DAO announces HackaTRON Season 6 qualifiers

Geneva, Switzerland, June 11, 2024 – With HackaTRON Season 6 coming to a close, the TRON DAO team, alongside HTX DAO, BitTorrent Chain (BTTC), and JustLend DAO hosted a series of innovations that has taken the blockchain landscape by storm. This season, participants redefined the digital landscape across multiple tracks. Web3, DeFi, Artistry, Builder, and […]