Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal. On June 17, the crypto analytics platform reported that Ethereum was way ahead of other blockchains, which were dominated by layer-1 chains and DeFi protocols, with only one layer-2...Read More
Coinbase Ethereum layer-2 network Base has clinched a new record in terms of the number of daily active users on decentralized exchanges (DEX), reaching 270,000 on June 17th. Compared to the previous day, the figure jumped by approximately 9%. Uniswap Dominates Base With 85% User Share According to data compiled by Dune Analytics, with the...Read More
[PRESS RELEASE – London, UK, June 17th, 2024] Nummus Casino, the popular web and Telegram-based casino and sportsbook, is excited to announce the launch of its highly anticipated $Nummus Token presale on June 17th, 2024. Aiming to revolutionize the $80 billion global online gambling industry, this new digital currency will seamlessly integrate into the Nummus...Read More
Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and...Read More
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed digital asset. In a post on X on June 18, industry analyst and stock-to-flow creator Willy Woo said it was “A genius business idea by Tether.” Tether’s USDT is currently earning on U.S. Treasury Bills, but now...Read More
Bitcoin has become significantly less volatile in recent times. This is evidenced by the absence of any extreme spikes in price movements in either direction since the completion of the fourth halving. Such a trend of dwindling volatility signals maturity, according to experts. Bitcoin Sees Signs of Maturity Over the past week, bitcoin saw a...Read More
[PRESS RELEASE – San Francisco, California, June 18th, 2024] Developers on SKALE Can Now Leverage Unity’s World-Class Services for Premier Web3 Game Development Today, SKALE Labs, the gas-less EVM-compatible blockchain designed for secure Ethereum scaling, has announced they have joined Unity’s publisher support program. Unity is the world’s leading platform of tools for creators to...Read More
Decentralized blockchain network Internet Computer Protocol (ICP) has launched a new solution that will enable the sharing of personal data while maintaining privacy and control in the web3 space. According to a press release sent to CryptoPotato, Verified Credentials (VCs) are designed to prevent public discourse manipulation on social media by eliminating bots and fake...Read More
[PRESS RELEASE – Monaco City, Monaco, June 18th, 2024] Memereum (MEME), a new altcoin, has demonstrated notable performance during its initial coin offering (ICO) presale, selling over 23 million tokens and nearing the 24 million mark. The project has attracted more than 8,000 users to its platform. While the Ethereum challenger, Solana, remains under the...Read More
Bitcoin’s (BTC) recent pullback to $66,000 has resulted in a staggering $250 million liquidation, sending shockwaves through the cryptocurrency market. As traders grapple with this sudden downturn, many are shifting their focus to Algotech (ALGT) for potential recovery gains. Can this new crypto outpace its more established counterpart? Join us as we seek answers. BTC...Read More
[PRESS RELEASE – Amsterdam, Netherlands, June 18th, 2024] Nosana, an open-source cloud computing marketplace dedicated to AI inference, today announced a new partnership with AlphaNeural, a company building a groundbreaking decentralized marketplace for AI models and datasets. This partnership aims to create a more inclusive and collaborative AI ecosystem by combining AlphaNeural’s innovative platform with...Read More
Around $75 billion has exited crypto markets over the past 12 hours with total capitalization falling to a monthly low of $2.48 trillion. However, meme coins are suffering the greatest losses, with many of them dumping by double digits. In a post on X on June 18, Bitcoin pioneer Kyle Chassé said it has “never...Read More
Last week marked a notable shift in the dynamics of the crypto market. Bitcoin (BTC) lost over 6% of its value, and U.S. spot Bitcoin exchange-traded funds (ETF) broke their 20-day inflow streak with outflows running into hundreds of millions of dollars. According to the latest Bitfinex Alpha report, bitcoin’s plunge was mainly caused by...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 17th, 2024] BlocksScan is excited to announce the official launch of XDC Network Explorer Version 2, a comprehensive and incredibly user-friendly blockchain explorer crafted by BlocksScan. This tool is designed to empower users of all levels and make it a breeze to navigate the XDC Network. Mastering...Read More
American investment management firm VanEck is set to launch the first spot Bitcoin exchange-traded fund (ETF) on Australia’s securities trading platform this week. According to an official announcement from the asset management company, the spot Bitcoin ETF will go live on the Australian Securities Exchange (ASX) on Thursday, June 20. VanEck Unveils Australian Bitcoin ETF...Read More
