USDT Surges $580M on TON Blockchain
Tether’s $USDT supply on the Telegram-linked TON blockchain grew by $580M in under two months, with net circulation at $519M. #Crypto #Blockchain
Tether’s $USDT supply on the Telegram-linked TON blockchain grew by $580M in under two months, with net circulation at $519M. #Crypto #Blockchain
Konami partners with Avalanche to launch the NFT platform Resella, promising zero gas fees and high data speeds. This move, leveraging Konami’s iconic franchises, aims to enhance Web3 gaming and expand NFTs’ utility. #NFTs #Web3
Cardano founder @IOHK_Charles announces the Chang fork, a major upgrade leading to the “Age of Voltaire.” This milestone will enable full decentralization and community governance. #Cardano #Blockchain
Web3 and blockchain projects raised $1.08B in May. Farcaster & Bitdeer secured $150M each. Babylon raised $70M for Bitcoin staking. $xAI led with $6B. #Blockchain #AI #Updates
Investor confidence in the crypto market surged in Q1 2024 with spot Bitcoin ETFs and a key SEC litigation win, boosting blockchain gaming investments to $988M in April. #Crypto #BlockchainGaming
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
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
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
Blockchain startups raised $258M from May 19-25, led by Farcaster’s $150M Series A, valuing it at $1B. This surge highlights growing investor confidence in decentralized tech. #CryptoNews #BlockchainFunding
Solana’s ultra-fast transactions and affordability attract crypto enthusiasts, but network outages and centralization concerns persist. Its future hinges on resolving these issues to sustain its role in digital finance. #Solana #CryptoNews
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
“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.”
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.
In the last 20 days of May, 62 blockchain or cryptocurrency projects raised a collective $474 million, with Sophon and Securitize leading by securing $60 million and $47 million, respectively, highlighting a significant growth period in the blockchain sector.