Telegram Wallet announced that it is removing the fee for USDt withdrawals to external wallets on the TON network. Additionally, the TON Foundation has allocated 11 million Toncoins to incentivize the adoption of USDT. On April 19th, Telegram Wallet introduced the withdrawal of USDT on the TON network from all supported exchanges such as OKX, […]
Hedgey Finance, a decentralized finance (DeFi) platform known for supporting decentralized autonomous organizations (DAOs) with token distribution services, recently found itself under siege in a cyber attack that resulted in a substantial loss of $44.7 million across two blockchain platforms, Arbitrum and Ethereum. This attack has raised concerns about the security vulnerabilities within the decentralized finance (DeFi) […]
Bitfinex Securities revealed today its intentions to initiate a tokenized debt offering to raise $6.25 million. This capital will be used to develop a Hampton by Hilton hotel complex at El Salvador’s international airport. The company, Bitfinex Securities El Salvador S.A. de C.V., is a major player in tokenized securities. Businesses leverage the blockchain to […]
In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2 technologies on Ethereum’s performance and scalability. The company’s senior digital assets investment analyst Patrick Bush and digital assets […]
The Tron Foundation, the entity behind the layer-1 blockchain Tron, has filed a motion in a New York federal court to dismiss a lawsuit brought against it by the United States Securities and Exchange Commission (SEC). The Foundation argues that the SEC’s case targets “predominantly foreign conduct” beyond the regulator’s jurisdiction. In its March 28 […]
Data from a Dune Analytics dashboard created by Hildobby, which tracks Ethereum staking progress, shows that the total number of validators on the Ethereum blockchain reached the one million mark on March 28. These validators have staked over 32 million of Ether, valued at approximately $114 billion based on current market prices. This amount constitutes […]
Ethereum layer-2 scaling solution Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. In a post on X, Polygon assured its two million followers that the problem is confined to zkEVM alone. “This only impacts Polygon zkEVM (the only rollup) and does […]
In a surprising turn, asset management giant BlackRock has emerged as a notable player in cryptocurrency and nonfungible tokens (NFTs), acquiring a substantial portfolio worth at least $40,000 in memecoins and NFTs. The revelation came to light after vigilant observers tracked transactions to one of BlackRock’s wallets associated with a new tokenization fund. Data shows a […]
BNB Smart Chain (BSC) is introducing a significant upgrade called “BEP 336.” Inspired by Ethereum’s EIP 4844, this upgrade aims to improve the storage and processing of data on the blockchain, leading to notable reductions in transaction costs and improvements in network performance. BNB Smart Chain: Efficient Data Solutions The upgrade introduces “Blob-Carrying Transactions” (BlobTx), […]