Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact...
Ethereum News
Chibi Finance team executes $1M rug pull, CHIB plummets 98%
Chibi Finance has allegedly executed a $1M rug pull on Layer 2 blockchain Arbitrum. The team has vanished and their...
Crypto investment products see largest weekly inflow since July 2022
A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products...
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust,...
Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today. The crypto exchange has also completed a second...
Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a...
Ethereum developers consider raising validator limit from 32 ETH
Ethereum Foundation researcher Michael Neuder outlined the proposal during a core developer meeting. The proposal seeks to raise the validator...
Germany’s Deutsche Telekom set to become a Polygon validator
Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies. Deutsche Telekom provides consulting and software development services. Polygon has...
dApp Store Kit adopts new tech stack to power Web3 gaming development
DApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help...
Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report...
Circle USDC Deployed On Arbitrum Network
Circle, the leading stablecoin issuer, has announced its plan to deploy its native token USD Coin (USDC) on the Arbitrum...
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring...
Real-world asset protocols outperform DeFi blue chips due to tokenization wave
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application...
Coinbase to Offer Institutional-Sized Bitcoin and Ethereum Futures
Coinbase, the crypto exchange giant, has announced today its launch of Bitcoin and Ethereum futures contracts focusing on institutional investors.In...
Ethereum gas fee sinks close to 70% in under a month
Ethereum gas fee tanked all the way down to under $5 in May. BlackRock CEO Larry Fink reiterates dedollarisation as...
🌐 6 Questions for Thiago Cesar of Transfero
Thiago Cesar is the 34-year-old co-founder of Transfero, a company helping to make crypto more accessible for Brazilians with BRZ,...
Circle set to launch USDC natively on Arbitrum
USDC natively issued by Circle will become the official version of the stablecoin on Arbitrum. The company expects native USDC...
Ethereum gas fees cool down after May memecoin frenzy
The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of...
TRX is live on Ethereum via BitTorrent Bridge
Tron founder Justin Sun has announced that TRX is now accessible on Ethereum. According to Sun, Tron will leverage the...
US debt ceiling, declining trust in banks send ETH staking to record highs
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of...
Wintermute sells 2.651M Optimism tokens on Binance ahead of token unlock
386 million Optimism (OP) tokens will be unlocked on May 31, Wintermute transferred 2.651 million OP tokens to Binance and...
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May...
