Tether Stellar Q1 2024: Record $4.52 Billion Profit Driven by Bitcoin and Gold
TL;DR Tether Holdings reported a record net profit of $4.52 billion in the first quarter of 2024. Most of the profits came from financial operations with
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Vitalik Buterin Reveals the Ultimate Tip for Protecting Your Cryptocurrencies
TL;DR Vitalik Buterin highlights the importance of security in cryptocurrency management. Recommends the use of multisig wallets to protect digital funds. Warns of the risks associated
Kamino Finance’s KMNO Token Faces Market Turbulence: A 70% Drop in Value on Launch Day
TL;DR Kamino Finance’s KMNO token debuts with 70% drop in price. Controversies and changes to the airdrop process. Significant decline in the protocol TVL since March.
Coinbase Sparks Lightning Network: Instant Bitcoin Transfers Now Available!
TL;DR Coinbase integrates the Lightning Network for faster and cheaper transactions with Bitcoin. Coinbase users will be able to choose between the Bitcoin mainnet and the
Sui Blockchain and Google Cloud Join Forces to Revolutionize Web3 Innovation, But its Token Falls
TL;DR Sui and Google Cloud collaborate to drive innovation in Web3. The focus is on improving security, scalability and development tools. Initiatives such as data for
Chainlink Unleashes VRF Update to Scale Onchain Verifiable Randomness
TL;DR Chainlink has released the VRF v2.5 update, improving the Verifiable Random Function (VRF) functionality. Improvements include a more efficient billing model, more predictable pricing, and
Omnity Revolutionizes Rune Token Trading: Zero Fees, Zero Network Congestion
TL;DR Omnity introduces cross-chain transfer functionality for Runes tokens. Runes users can move assets between layer 1 and layer 2 networks. The integration of Omnity with
Tether is Investing in Biotech and AI to ‘Empower Humans Throughout the Future Inevitable Evolution’
TL;DR Tether acquires $200 million majority stake in Blackrock Neurotech. The investment will boost the commercialization of medical devices based on brain signals. Paolo Ardoino, CEO
Ethereum Co-founder Vitalik Buterin Says Proof of Work Is Not Immune to Centralization
TL;DR Vitalik Buterin concludes that Ethereum with Proof-of-Work (PoW) was not immune to centralization. Ethereum’s Proof-of-Stake (PoS) transition seeks to address centralization and energy consumption issues.
Bitcoin ETFs Face Investor Exodus: Fidelity Fund’s Record Outflow Signals Shift in Sentiment
TL;DR Fidelity Bitcoin ETF records an outflow of funds for the first time. Most US Bitcoin ETFs are showing sluggish performance, with only one fund recording
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