Succinct will launch the PROVE token as the native asset of its Ethereum-based prover network for zero-knowledge proofs.
Spikes in Jito validator tips are often an indicator of heightened onchain activity on Solana, and this time has been no different.
Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to the Solana blockchain, according to a May 19 announcement. According to the statement, CCIP facilitates secure communication and data transfer between different blockchain networks. By integrating CCIP, Solana now supports Chainlink’s Cross-Chain Token (CCT) Standard, a key building block for scalable multi-chain token deployments. Solana users […]
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Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since the proposal was approved earlier this week. It was trading at roughly $0.25 as of press time, based on CoinGecko data. Liquidium introduces staking On […]
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Imagine writing a sentence and getting a live blockchain app in return – no code, no setup, no wallet drama. That’s the promise of Poof, a new open beta built on Solana that turns simple prompts into fully functioning on-chain applications in minutes. Aimed at breaking down the barriers to Web3 development, Poof leverages AI […]
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World Liberty Financial said the core of its mission is to strengthen, not undermine the role of the U.S. dollar.
Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.
The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14, aims to boost adoption and drive long-term growth within the Pi ecosystem by targeting businesses beyond the traditional Web3 space. The Foundation stated that the […]
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JPMorgan's blockchain unit Kinexys, Chainlink and Ondo Finance teamed up to test cross-chain settlement of a tokenized U.S. Treasuries fund.
Coinbase is expanding its footprint in the wrapped token space by preparing to release wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network, Base. In a post published on May 13 via its Coinbase Assets X account, the exchange confirmed the upcoming availability of cbXRP, cbADA, cbDOGE, […]
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Virtuals has introduced a new staking mechanism for its native token VIRTUAL, replacing passive holding incentives with a vote-escrowed structure that grants users veVIRTUAL. According to a May 13 post on X, veVIRTUAL holders will receive 20% of all Virgen Point emissions, which were previously distributed based on token holding. This move establishes veVIRTUAL as […]
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Truth Social, the social media platform backed by US President Donald Trump, has no plan to launch a memecoin. On May 13, Donald Trump Jr., the US President’s son, dismissed the claims outright, stating: “There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.” World Liberty […]
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GD Culture Group said it has entered into an agreement to sell up to $300 million worth of shares to fund its crypto holding strategy.
XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid […]
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Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped to a low of $0.40 in April, rebounded strongly to cross the $1 threshold and peaked at $1.53 during the latest rally. This marks the […]
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Crypto investment products added $882 million worth of net inflows for the fourth week in a row, according to asset manager CoinShares.
Sei Labs, the core development team behind the Sei blockchain, has proposed a fundamental shift in the network’s architecture that would eliminate support for Cosmos transactions and CosmWasm contracts. Instead, the team plans to transition fully to an Ethereum Virtual Machine (EVM)-compatible framework, arguing that this move would simplify the blockchain and improve the developer […]
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Ransomware gang LockBit, known for demanding cryptocurrency payments, has been hit by a data leak of its own following a recent hack.
The EVM-only proposal aims to improve the user and developer experience ahead of Sei's forthcoming Giga upgrade.
The growth is linked to the launch of USDT0, an omnichannel version of Tether's USDT, and an incentive program by Flare.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02% […]
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Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation […]
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Ethereum has activated the Pectra upgrade on its mainnet, marking a significant milestone for the blockchain network. The upgrade went live at epoch 364032 on May 7 around 10:05 UTC. Tim Beiko, the Ethereum Foundation’s Protocol Support Lead, confirmed the upgrade, stating that Pectra had successfully gone live and finalized. He noted that ongoing testing […]
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Information is spreading online that Jeffy Yu, co-founder of the AI Agent crypto project Zerebro, died following a livestreamed suicide on May 4. Cryptoslate has been unable to verify whether the reports are accurate or a part of a darkly elaborate marketing campaign for a new memecoin. The event was initially confirmed by an obituary […]
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KuCoin has pushed back against claims suggesting it lost over 77% of its Bitcoin reserves since 2023. The crypto exchange labeled the circulating figures misleading and inaccurate, emphasizing its commitment to transparency and responsible reporting. KuCoin’s falling Bitcoin reserves? The controversy stems from a report by Onchain School, a data-focused platform citing data from CryptoQuant. […]
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Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.
Binance founder Changpeng Zhao also commented on memecoins, saying 99.99% of them will fail and that they distract from real innovation.
Bitcoin Core’s reportedly planned removal of the long-standing OP_RETURN limit has sparked sharp division across the ecosystem. The upcoming release will, by default, lift the 80-byte ceiling that previously restricted transaction-embedded data, positioning the change as a modernization of policy in response to shifting network practices. OP_RETURN Originally introduced as a soft deterrent, OP_RETURN allowed […]
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According to Financial Times analysis, a small cohort of traders secured nearly $100 million in profits from Melania Trump’s MELANIA token within minutes of its market debut. Insider trading allegations Its on-chain analysis suggests that two dozen digital wallets purchased $2.6 million worth of tokens less than three minutes before Trump’s Jan. 19 post on […]
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