Tether Unveils New Products in $1B Strategy #Crypto
Tether is launching new digital assets on June 17, part of a $1B strategy to diversify beyond $USDT and challenge financial intermediaries. #Cryptocurrency #Finance
ZK Prover Achieves Sub-Second Performance Milestone #Crypto
? Space and Time (SxT) unveils Proof of SQL, a sub-second zero-knowledge prover enhancing on-chain transactions and defi growth. Processes 100,000+ row tables swiftly on a single GPU. #Crypto #Blockchain
Ripple Unveils RLUSD Stablecoin Innovation #Crypto
Ripple Labs introduces the USD-backed stablecoin RLUSD, launching by end of 2024. RLUSD will operate on both XRP Ledger and Ethereum, enhancing interoperability. #Crypto #Stablecoin
AI Coins: Top Picks for 2024 Investments #Crypto
Top AI crypto coins for 2024 to watch: $NEAR, $ICP, $RNDR, $INJ, and $GRT. These coins boost blockchain projects with AI, offering long-term growth. #Crypto #AI.
Bitcoin Staking and DeFi via Merlin Chain #DeFI
Merlin Chain (@MerlinChain) allows $BTC holders to earn staking rewards and participate in DeFi. Over $13B in BTC bridged, $700M in rewards distributed, and $1.2B in TVL. #Crypto #DeFi
Solana: Circle Debuts Web3 Tools for Developers
Circle expands Web3 services to Solana, introducing Programmable Wallets and Gas Solutions to enhance security and developer ease. This move supports Solana’s $4.48B DeFi ecosystem. #Web3 #Solana
Crypto and AI Boost Global GDP by $20T #Crypto
Juan Leon of @BitwiseInvest predicts AI and crypto could add $20 trillion to global GDP by 2030. Key synergy: AI data needs met by Bitcoin mining tech. #AI #Crypto #Updates
Funding Boost: Kima Network Raises $5 Million
Kima Network secures $5M in funding, raising its total to $8M. New capital will enhance TradFi and DeFi integration, expand partnerships, and develop protocols. #Crypto #DeFi #Updates
Toncoin Soars as TapSwap Hits 50M Players #Crypto
Toncoin (TON), developed by @telegram, surged 600% in 2023, hitting a market cap of $17.6B and becoming the 9th-largest cryptocurrency. Active wallets soared to 8.07M. #Crypto #TON
Ethereum Staking: MetaMask Launches Service with Catch #Ethereum
MetaMask, developed by @ConsenSys, launches a new pooled staking service for Ethereum, enabling users to stake any amount of $ETH. Available globally except U.S. and U.K. due to regulations. #Crypto #Updates
Security: Main Cause of OKX Account Hacks Revealed
On June 12, 2024, @OKX confirmed a security breach via forged documents, impacting user accounts and leading to significant financial losses. New security measures have been implemented. #Crypto #SecurityUpdate
Ripple Introduces RLUSD Stablecoin for XRP Ecosystem #Crypto
Ripple CEO @bgarlinghouse announced the RLUSD stablecoin at the XRPL Community Summit. Pegged to the US dollar, RLUSD aims to stabilize XRP transactions, enhancing cross-border payments. #Crypto #XRP
Axelar Skyrockets Following Ripple Partnership Announcement #Crypto
Ripple’s XRP Ledger partners with @axelarcore, boosting $AXL price by 6% to $0.81. Axelar will bridge Ripple’s XRPL EVM sidechain, enhancing DeFi and RWA interoperability. #CryptoNews
Moonbeam Launches $13M Web3 Gaming Fund #Crypto
Moonbeam Network launches a $13M fund to boost its ecosystem, focusing on gaming and asset tokenization. N3MUS receives the first innovation grant. Key players: @StellaSwap, Moonwell. #Web3 #Updates