aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
Ethereum
RLUSD Coming: Ripple’s USD Stablecoin to Hit Ethereum, XRPL
Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the...
MetaMask’s Pooled Staking: Lowering the Barrier to Ethereum Staking
TLDR MetaMask has launched a new “pooled staking” feature that allows users to stake Ethereum (ETH) without meeting the 32...
zkSync’s ZK Token Airdrop Sparks Controversy Over Sybil Filtering
TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop...
ZKsync’s Billion-Dollar Airdrop: Are You One of the 695,232 Recipients?
TLDR ZKsync, an Ethereum layer-2 network, will airdrop 17.5% of its 21 billion ZK token supply to 695,232 eligible wallets...
Base Surpasses $8 Billion in Total Value Locked: Becomes Second-Largest Ethereum L2
TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler...
Ethereum Faces Ideological Crossroads With Popular Celeb Tokens
Wintermute co-founder Evgeny Gaevoy has voiced a strong critique of Ethereum’s leadership and their approach to building the blockchain. He...
VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024...
BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast...
Fhenix Raises $15M & Launches Helium Testnet, Enabling Confidential Smart Contracts on Layer 2
TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding...
Ethereum (ETH) to $10k This Cycle & Will Outperform Bitcoin: ETFs Will be The Catalyst
TLDR Ethereum (ETH) spot ETFs are expected to attract significant inflows, potentially reaching $4 billion within the first five months...
Decentralized Prime Brokerage Terminal Blueberry Protocol Raises $2.5M
TLDR Blueberry Protocol raises $2.5M in Series A funding led by White Star Capital Blueberry provides decentralized access to generalized...
Matter Labs Withdraws “ZK” Trademark Application Amid Industry Backlash
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The...
ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded...
