Solana DEX Activity Generates $500M in Fees, Sparking Debate Over Network Costs and Efficiency
TL;DR Solana has raised over $500 million in DEX fees, sparking debate about their impact on end users. Pump.fun, with over 48,000 daily users, has...
Tag : Blockchain
Hedera Partners with Copper to Enhance Institutional Access to HBAR
by Fernando
TL;DR Copper will provide custody and staking services for Hedera’s HBAR token and facilitate institutional investors’ entry into DeFi. HBAR will be integrated into Copper’s...
Zcash Founder Pushes for Hybrid PoS Upgrade at Shielded Labs
by Fernando
TL;DR Zooko Wilcox, the founder of Zcash, claims that Zcash is the most important project in the world and is gaining ground in the fight...
Kanpai Pandas NFTs Plunge 45% Amid Trump Token Controversy
by Fernando
TL;DR The Kanpai Pandas NFT collection experienced a 45% drop in its floor price due to the promotion of a Trump-themed token, which was disavowed...
Bitpanda Report: Switzerland Leads as Gen Z and Millennials Drive Europe’s Crypto Boom
by Fernando
TL;DR 23% of the Swiss population owns cryptocurrencies, while Italy has the lowest adoption rate at just 9%. Millennials and Generation Z are the most...
Nomad Bridge: Wallet Linked to Hack Transfers $35.5M in ETH to Tornado Cash
TL;DR A wallet linked to the Nomad bridge hack in 2022 transferred 14,500 ETH, approximately $35.5 million, to Tornado Cash. The funds, originally in DAI,...
Andrena Secures $18M to Develop DAWN, a Decentralized Broadband Protocol
TL;DR Andrena has raised $18 million to develop DAWN, a decentralized broadband protocol. DAWN is a DePIN protocol that uses blockchain technology to provide internet...
Ripple Partners with DIFC Innovation Hub to Accelerate Blockchain Adoption in the UAE
by Fernando
TL;DR Partnership with DIFC Innovation Hub: Ripple partners with the DIFC Innovation Hub to drive blockchain innovation in the United Arab Emirates (UAE). Investment Commitment:...
Ripple to Reset XRPL Testnet; Speculation Rises Over Tokenized T-Bills Testing
TL;DR Ripple will conduct a reset of the XRP Ledger (XRPL) Testnet on August 19, 2024, with an estimated disruption of 15 minutes. The company...
Bitcoin Plunges Below $50,000. Richard Teng Remains Optimistic About Recovery
TL;DR Bitcoin briefly fell below $50,000 after a 21% drop since early August, with liquidations exceeding $1 billion in the last 24 hours. Richard Teng,...
