ETH could fall further to around $1,500 by the end of Q3 or early Q4 if the current bear market continues, said CryptoQuant’s Julio Moreno.
The funding coincides with Arkade adding support for digital assets, including infrastructure designed for stablecoins like USDT on Bitcoin.
Pump.fun tops $1 billion in revenue as domain records reveal Ethereum, Base, BSC, and Monad subdomains amid potential cross-chain expansion.
A Bonk operator said hackers set up a faulty terms-of-service message, but noted that losses from the security breach were minimal.
The proof-of-concept demonstrates Layer 2 transactions settling through re-execution on Ethereum’s base layer.
The company also intends to wind down two soccer teams from its sports portfolio to focus on Solana treasury and infrastructure strategy.
The partnership aims to make native bitcoin usable as collateral in decentralized finance without giving up self-custody.
Starknet is developing the STRK20 framework to enable privacy-focused stablecoins and other assets with built-in confidentiality.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Zcash Open Development Lab is developing the Zodl wallet, using the popular Zashi wallet codebase, and other Zcash-related tech.
Sonic Labs' USSD stablecoin is backed by tokenized Treasuries products from BlackRock, WisdomTree, and Superstate.
The final 1 million BTC will take over a century to mine, with the last fractions, measured in satoshis, expected to be issued around 2140.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Earlier this week, Tether also invested in the sleep-technology startup Eight Sleep, at a $1.5 billion valuation.
Vitalik Buterin has urged Ethereum developers to experiment more boldly at the app layer while preserving the network’s core principles.
The SEC has dismissed its charges brought in 2023 against Tron founder Justin Sun, the Tron Foundation, and BitTorrent Foundation.
The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about 10 users.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
xChange is an onchain trading engine and unified execution layer for xStocks issued on Solana and Ethereum.
The platform is live on multiple EVM chains and powers the majority of token launches on Base, via integrations with apps like Zora and Bankr.
The increase follows a mining fleet expansion as the firm focuses on accumulating bitcoin through large-scale self-mining.
The company said its validator network grew to 33,568 unique wallets in February, up from about 31,000 announced earlier in the month.
Users will be able to purchase official IPO shares with “real, direct ownership on Solana," through a partnership with Superstate.
Solana's record monthly stablecoin transaction volume follows growing appetite for retail payments infrastructure over memecoins.
The expansion will support American Bitcoin's strategy of accumulating BTC below spot prices after posting a 53% gross margin in Q4.
Core Scientific has already sold around $175 million in bitcoin as the company accelerates its pivot toward AI-focused data centers.
The Pump.fun mobile app is adding support for tokens launched on rival token generators and other non-Pump-native assets.
The Glamsterdam upgrade will boost Ethereum's censorship-resistance, but a proposed mechanism called ePBS could cause centralization.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The binary tree proposal is a concrete, in-progress effort, while the VM transition remains more speculative and lacks broad consensus among developers.