A Degen Chain user lost 90% of his assets, worth 785,000 DEGEN, due to slippage from low liquidity during a cross-chain transaction to Base. Full refunds and service improvements announced. #CryptoSafety #DEGEN
Lif3.com partners with evmOS to launch Lif3 Chain, a new L1 blockchain enhancing DeFi security. The platform supports Ethereum, Polygon, BNB Chain, and Fantom via LayerZero bridge, and integrates EVM and IBC protocols for safer smart contract deployment. #Blockchain #Update
BNB Chain dedicates $900K to memecoin liquidity pools, adding to a previous $100K investment. This $1M initiative aims to boost memecoin innovation and growth, drawing from the successful Meme Innovation campaign that saw $507M in trading volume. #CryptoNews #Update
? On June 20, 2024, @BNBChain will launch the BEP-336 upgrade, inspired by Ethereum’s EIP-4844 hard fork, to cut transaction fees by up to 90%. Key features include BlobTx for better data management, enhancing BNB Greenfield’s storage. #Blockchain #Update
.@BNBCHAIN and @BinanceLabs launch the BNB Incubation Alliance to support early-stage Web3 projects with resources, grants, and global events. Participants get benefits worth up to $300K. #Web3 #CryptoNews
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 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.
Neobank EQIFi and MatterFi are innovating crypto security by launching “send-to-name” blockchain addresses, addressing the theft of over $200 million in digital assets in early 2024. This initiative heralds a significant advancement in securing crypto transactions against fraud and theft.
The latest Bitcoin analysis, employing indicators like MVRV Z Score and Puell Multiple, signals a bullish trend and a potential upcoming bull run, marking a pivotal moment for investors in the cryptocurrency market.
In the first quarter of 2024, the XRP Ledger (XRPL) experienced a monumental 108% increase in on-chain transactions, reaching 251.39 million, a historic high that spotlights its escalating adoption and technological edge in facilitating efficient transactions.
Amidst a broader market downturn, Chainlink emerged as a standout, recording a significant surge of 13.25%, trading at $15.78, showcasing its resilience and growth potential in a volatile crypto market.
CryptoQuant CEO predicts the current Bitcoin bull cycle may end by April 2025, highlighting the U.S. Spot Bitcoin ETF’s remarkable $726 million inflow in just four days as a sign of strong investor confidence.
The Depository Trust & Clearing Corporation’s Smart NAV pilot, utilizing blockchain for mutual fund data, led to a 30% surge in Chainlink’s value to $16.71, demonstrating a groundbreaking advancement in financial services through technology.
Degen Chain, an Ethereum layer-3 blockchain, experienced a two-day outage but has now resumed operations, with block indexing 95% complete. This incident underscores the importance of layer-3 networks in enhancing Ethereum’s scalability.
