KangaMoon Listings: Rivaling Maker DAO, Aave
KangaMoon to list on BitMart after raising $6.8M in presale and attracting 23,000 members. KANG token value surges 400%, with predictions of 1000% post-listing. #CryptoNews #GameFi
Blockchain
Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
Blast Blockchain Secures Sixth Spot In DeFi Network Rankings
Blast, an Ethereum Layer 2 blockchain, has secured the sixth spot in Total Value Locked (TVL) with $1.87 billion, surpassing Coinbase’s Base. Supported by Paradigm and Standard Crypto, Blast shows strong potential for future growth. #BlastBlockchain
Chainlink (LINK) Price Jumps 7.5%, This Breakout To Trigger Major Rally
Chainlink (LINK) experiences a notable surge, climbing over 6% in 24 hours, nearing a critical $17.5 resistance. With a market cap surpassing $10.1 billion and trading volume up by 80%, LINK’s bullish trend may signal a major rally ahead, underpinned by strong on-chain metrics.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Fantom Foundation unveils Sonic Foundation & Labs to back Sonic Chain, integrating $S token with $FTM for groundbreaking interoperability, aiming for a transformative impact on blockchain’s future.
Grayscale Launches New Investment Trusts With BTC Layer 2 Exposure
Grayscale launches two new investment trusts for Bitcoin layer-2 projects, Stacks and NEAR Protocol, aiming for ETF status, showcasing innovation in crypto investment diversification.
API3 surpasses $1b in TVS, recording 10x growth in 100 days
API3 hits a major milestone by surpassing $1 billion in Total Value Secured (TVS), marking a tenfold growth in just 100 days, highlighting its significant impact on blockchain and defi sectors.
TRON DAO at DC Blockchain Summit
“TRON DAO shines as Silver Sponsor at the DC Blockchain Summit, May 2024, unveiling its scalable platform that’s revolutionizing dApp development and digital transactions, setting new industry standards for accessibility and efficiency.”
Starknet zkEVM Launch: Future of Blockchain Unveiled
StarkWare announces Kakarot, a new zkEVM for Ethereum, aiming at enhanced efficiency and developer accessibility. With STRK at $1.2, this move marks a significant innovation stride in blockchain tech.
Vitalik Buterin Transfers $295K in Ethereum to Privacy Protocol Railgun
Vitalik Buterin donated 79.997 ETH, over $295,000, to privacy-focused DeFi platform Railgun on May 22, emphasizing the importance of transaction privacy in blockchain. This move signals strong support for enhancing financial data security.
Farcaster SocialFi Protocol: $150M Paradigm-Led Investment
Farcaster, a pioneering SocialFi protocol, has raised $150 million in a Series A funding round led by Paradigm, drawing major investments from Andreessen Horowitz and Union Square Ventures, with its valuation potentially reaching $1 billion in October 2023.
Your After Hours Guide to Consensus 2024, Thursday Night
At the Austin Convention Center, Consensus 2024’s after-hours highlight is a boxing match between crypto figures David Hoffman and Nic Carter. This unique event bridges the Bitcoin and Ethereum communities, offering a novel convergence within the crypto sector.
Dismantling The Cash-flow Narrative: Real Estate vs. Bitcoin
“The article reveals that since abandoning the gold standard in 1971, house prices have surged by approximately 1,700%, mirroring M2 money supply growth, showcasing significant inflation effects on real estate investment, now challenged by bitcoin’s emergence as a superior wealth preservation method.”
Stacks Co-Founder Unveils New BTC Restaking Protocol Plan
Muneeb Ali, co-founder of Stacks, announced a Bitcoin Layer 2 upgrade, introducing a Bitcoin restaking protocol allowing for BTC yields without sacrificing liquidity, set to enhance Bitcoin’s utility and attract institutional support by August 28, 2024. This positions Stacks as a Layer 2 leader, promising to bolster the Bitcoin economy. #BitcoinLayer2 #StacksUpgrade
Re.al launches blockchain platform for RWAs, CEO comments on tokenization
Re.al has launched its blockchain platform, designed to manage real-world assets like properties, using Arbitrum Orbit and powered by Gelato’s Rollup-as-a-Service, marking a significant step in decentralized finance. With $40 million already invested and 190 properties set for tokenization, the platform stands out by promising to return all profits to its users, a move that could reshape asset management and investment. Its unique offering, Basket tokens, bundles properties into a single ERC-20 token, addressing liquidity issues and simplifying asset integration into financial systems. This innovation not only makes real-world asset trading more accessible but also enhances interoperability and fluidity in… Read More »Re.al launches blockchain platform for RWAs, CEO comments on tokenization