There’s a new protocol on Ethereum that lets people create and trade objects. It’s clear that the name “Ethscriptions” is a nod to “Inscriptions,” a related project by Ordinals that was implemented on the Bitcoin network. Tom Lehman, the former CEO of Genius.com and co-creator of the initiative, noted an
In a significant shift for the global crypto market, the total market capitalization has seen a decline of 3.83%, reaching $1.02 trillion. This marks the first time since mid-March 2023 that the crypto market cap has experienced a notable downturn. The downturn is likely to raise concerns among investors and
Generating passive income with cryptocurrency can be an exciting opportunity. While there are no guaranteed methods. Here, cryptocurrency mining has emerged as a sector that attracts individuals seeking passive income. In the current economic climate, it can be challenging to find a reliable and profitable investment opportunity. However, “Fancy Crypto”
In a significant stride towards optimizing Ethereum scaling and driving liquidity growth in the zkDeFi ecosystem, the Balancer protocol has announced its deployment on Polygon’s zkEVM. This move strengthens the DeFi experience on Polygon, creating a seamless and interconnected user environment. Strengthening a seamless, interconnected, and enhanced DeFi experience #onPolygon@Balancer
In recent developments surrounding BLUR, the highly anticipated token unlock has shed light on the distribution plans for various stakeholders. According to data from Token Unlock, a significant number of tokens are set to be released, including allocations for past and future core contributors, investors, and advisors. A staggering 115.68
ZkSync, the Ethereum layer-2 scaling solution, recently announced crossing the significant milestone of 35 million total transactions in a remarkable demonstration of growth and efficiency. Moreover, the transaction data comes from ZettaBlockHQ, a full-stack Web3 data platform. Bolstering Transparency with ZettaBlock Interestingly, the collaboration with ZettaBlock has amplified zkSync’s transparency
Tether, the prominent stablecoin issuer, has recently completed its second $1 billion issuance within two months, bringing the total amount issued in 2023 to over $16 billion. The transaction occurred on June 12, utilizing the Ethereum blockchain. Paolo Ardoino, Tether’s Chief Technology Officer (CTO), took to Twitter to clarify that
BOCI, a Chinese bank, has issued CNH 200 million in digitally structured notes. BOCI has issued the country’s first tokenized security on the Ethereum blockchain. Moreover, it has become the first bank in China to issue tokenized securities. According to the report, the new security was implemented through the collaboration
The Sturdy Finance DeFi protocol lost 442 ETH, or over $800,000 at the time of writing, due to a hack. An intruder drained funds from the protocol by exploiting a vulnerability that allowed them to manipulate a flawed pricing oracle. PeckShield, a blockchain security company, notified Sturdy Finance on June
In the last 24 hours, there have been reports indicating that a significant amount, equivalent to 25,000 stETH or approximately $43 million, was deposited by a whale into the Aave platform. Additionally, during the same period, borrowed a substantial amount of 35 million USDT from Aave. Furthermore, according to the latest
