Galxe Launches Alpha L1 Blockchain in June
Galxe will launch its new L1 blockchain, Gravity, in June 2024, built on Arbitrum Nitro, using Zero-Knowledge Proofs for enhanced security and EVM compatibility. #Blockchain #TechNews
Blockchain
Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
Orbs L3 Enhances On-Chain Perps with SYMMIO, IntentX
Orbs launches Perpetual Hub to boost on-chain futures trading. Key features: Hedger, Liquidator, and Price Oracle. Collaboration with @SYMMIO and @IntentX. Enhancing capital efficiency and liquidity. #DeFi #Updates
Gold Tokenization Scales with Polkadot on TVVIN Platform
TVVIN launches LBMA-certified gold token $VVG and utility token $TVVIX on Polkadot to boost RWA tokenization. Benefits include low fees, EVM compatibility, and trustless bridges. #Crypto #Blockchain
Supra Unveils Moonshot Consensus at DSN 2024
Supra will unveil its Moonshot consensus at DSN 2024, processing 530K TPS with sub-2s finality. Verified by @Microsoft IVy, Moonshot enhances blockchain security and speed. #Blockchain #Updates
RFK Jr’s BOBBY Token Debuts at Consensus 2024
BOBBY Token relaunched at Consensus 2024, evolving from a meme coin to a movement supporting RFK Jr.’s crypto vision. With $100K donated to aligned causes, BOBBY achieved 1M social media views last month. #CryptoNews
### Terra Luna Classic Rejects LUNC Burn Proposal **Highlights:** – The Terra Luna Classic community has decisively rejected a proposal to increase the burn tax to 1.5%. – Proposal 12105 was turned down due to lack of reasoning and insufficient data to support the increase. – The proposal received only 21.35% “Yes” votes, with 32% voting “No” and 38% “No with veto”. – Validators also opposed the proposal due to the absence of complementary strategies and volume projections. – Recently, the community has adjusted the LUNC burn tax distribution to the oracle pool instead of rewards, with 70% voting in favor. – The current burn tax is set at 0.5%, allocated as 80% for burn and 20% split between the Community Pool and Oracle pool. – Following the proposal’s rejection, LUNC’s price increased by 1% in the last 24 hours, with trading volume surging by 70%. ### SEO-Optimized Title: **Terra Luna Classic Rejects LUNC Burn Tax Increase**
The Terra Luna Classic community rejected Proposal 12105 to raise the LUNC burn tax to 1.5%, with 70% favoring a strategic redistribution to the oracle pool. LUNC’s price rose 1% amid a 70% volume surge. #CryptoNews #TerraLunaClassic
Bitcoin Unstoppable Says Cathie Wood at Consensus 2024
ARK Invest CEO Cathie Wood at Consensus 2024 declared Bitcoin “unstoppable,” highlighting its decentralized nature and strategic value. She praised El Salvador’s adoption and noted the spot Ethereum ETF approval as a sign of growing U.S. pro-crypto sentiment. #Bitcoin #CryptoNews
PayPal Integrates PYUSD Stablecoin on Solana Blockchain
PayPal integrates PYUSD stablecoin into Solana blockchain, enhancing transaction speed to 1,624 TPS and reducing fees. This strategic move aims to boost retail commerce capabilities. #PayPal #Solana $PYUSD #CryptoNews
Unimantic Protocol’s Journey to $100 Million Success
Unimantic Protocol achieves $100 million monthly turnover, leveraging MEV bots to enhance crypto trading efficiency. Co-founder Richard Davis credits strategic innovation. Significant investment and user growth followed. #CryptoNews #Blockchain
Top Blockchain Token Standards Explained
Top Blockchain Token Standards Explained: Ethereum’s ERC-20, Solana’s SPL, BNB’s BEP-20, and XRP Ledger’s XLS define interoperability, security, and efficiency in their ecosystems. #Blockchain #Crypto
GaiaNet Secures $10M Investment for AI Protocol
GaiaNet secures $10M to build a decentralized AI blockchain, partnering with UC to create AI teaching assistants for STEM students. Investors include Generative Ventures & Republic Capital. #AI #Blockchain
Sandbox Launches Community-Driven Virtual World DAO
The Sandbox launches a community-driven DAO, allowing $SAND and LAND holders to vote on network improvements. Despite a 94.7% drop from its 2021 high, it remains popular. #Updates
Blockchain Smart Contracts: Ethereum vs. Solana Comparison
Solana processes over 50,000 transactions per second, offering unmatched speed and scalability. Explore how $ETH, $ICP, $DOT, and $ADA compare in smart contract execution. #Blockchain #Analysis
Chainlink Surges 6%, LINK Nears $20 Breakout
Chainlink ($LINK) defies market correction, surging 6% to $18.21 with a 132% increase in trading volume. Analysts predict potential gains of up to 300%. #PriceInfo #Crypto