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EigenLayer Activates EIGEN Token Unlock, Achieving $7.2 Billion in Fully Diluted Valuation

15 Oct 2024 @ 22:50
The EIGEN token is now live for trading, transferring, and staking, boasting an impressive fully diluted valuation of $7.2 billion. This launch marks a significant milestone for EigenLayer, opening up new opportunities for investors and users in the crypto space. The Ethereum restaking protocol EigenLayer has unlocked its native token, EIGEN, allowing for trading, transferring, […]
 

USDC Market Cap Hits 15-Month Peak

24 Sep 2024 @ 11:13
The stablecoin market continues to evolve, with USDC making a notable comeback. As of today, USDC’s market capitalization has reached a staggering $34 billion, marking its highest point since March 2023. This surge signifies growing confidence in the asset, but it still trails far behind USDT, which currently dominates the stablecoin market with a market […]
 

ETH Staking: Unlocking the Future of Ethereum Investment

23 Sep 2024 @ 19:45
ETH staking is the process of participating in the Ethereum 2.0 network by locking up a certain amount of Ether (ETH) in a wallet to support network operations such as validating transactions and securing the blockchain. In return, stakers earn rewards in the form of additional ETH. This process is part of Ethereum’s transition from […]
 

Solana Bridges the Gap: DePIN and the Real World

20 Sep 2024 @ 17:25
The decentralized physical infrastructure network (DePIN) landscape is heating up. Fueled by the meteoric rise of Helium Network’s HNT token, these networks are emerging as a beacon of practical utility within the often insular crypto market. As investors and enthusiasts alike seek real-world applications for blockchain technology, DePIN protocols on Solana are leading the charge...
 

Ethereum's Fundamentals Remain Robust: Analyst

17 Sep 2024 @ 12:25
An analyst noted that Ethereum (ETH) is the second cryptocurrency to have spot ETFs and is the preferred blockchain for institutional tokenization efforts and stablecoin issuance. ETH boasts the largest ecosystem of applications and developers, setting an example for other cryptocurrencies. While short-term price fluctuations are unpredictable, the analyst expressed long-term bullish sentiment...
 

What Coinsult Is All About

16 Sep 2024 @ 15:55
Coinsult is a company operating in the blockchain security space, focusing on the development, security, and monitoring of blockchain systems, smart contracts, and Web3 applications. Their mission is to enhance the overall security of blockchain platforms through manual security assessments and the use of AI technologies. The company’s service portfolio covers areas such as smart […]
 

Competing for Control: The Battle to Lead the Stablecoin Market

13 Sep 2024 @ 13:00
Stablecoins—cryptocurrencies pegged to external currencies—are set to revolutionize the global financial system by introducing new competition to traditional banking and finance. As issuers, digital wallet providers, and legacy banks vie for dominance, the impact will extend beyond financial institutions to any business reliant on large-scale money transfers. Unlike past tech battles, this...
 

BlackRock's Potential Ethereum L2 Play: A Strategic Masterstroke

10 Sep 2024 @ 17:22
Token Terminal’s recent analysis suggests that BlackRock, the world’s largest asset manager, is poised to enter the Ethereum layer-2 landscape. A move mirroring Coinbase’s Base, this strategic decision could fundamentally reshape the institutional adoption of blockchain technology. A BlackRock-backed L2 would offer several compelling advantages. First, it would provide a...
 

Monad's Emerging DeFi Landscape: A Closer Look

09 Sep 2024 @ 15:18
With its promise of lightning-fast transactions and EVM compatibility, [Solana-killer’s name] is making waves in the crypto world. Developers are flocking to the platform to build innovative applications. The much-awaited launch of Monad, the high-performance, EVM-compatible Layer 1 blockchain, is fast approaching. Backed by a formidable $225 million investment from industry giants like...
 

Bitcoin: A 2024 Investment Guide

06 Sep 2024 @ 18:04
Bitcoin, the pioneering cryptocurrency, has solidified its position as the most recognized and trusted digital asset. Its potential to serve as a hedge against inflation, akin to gold, has attracted significant interest from institutional investors. The prospect of high returns on investment (ROI), accessibility, and liquidity are among the compelling factors driving individuals and...
 
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