Base hits "Stage 1" decentralization! 🎉 Permissionless fault proofs & a decentralized security council are live, reducing reliance on Coinbase. Users can challenge invalid withdrawals. A 10-member security council governs upgrades. Decentralized validation achieved! #Ethereum #Base #Rollups
#crypto #blockchain #news
According to OKX market data, LAYER is currently trading at $3.163, marking a 24-hour increase of 16.04% and a 24-hour trading volume of $17.83 million. Over the past 7 days, LAYER has risen by 20.08%, with a current market capitalization of $3.17 billion.
#crypto #blockchain #news
Trump Org partners with Dar Global for a $1B Dubai development! 🇦🇪 Includes a Trump hotel, residences, & clubhouse. Eric Trump says they'll accept crypto for purchases. Project includes two penthouses priced at $20.4M each. Completion in 5 years. #Dubai #RealEstate #Trump
#crypto #blockchain #news
UK Treasury proposes crypto regulations! Draft framework aims to regulate crypto exchanges & dealers under financial service rules. Expect transparency, consumer protection & operational resilience standards. UK & US to collaborate on digital asset development. #crypto #regulation #UK
#blockchain #news
Miden, a privacy-focused blockchain, raised $25M in seed funding led by a16z crypto, Hack VC, and 1kx. Polygon token holders may get 10% of Miden's future token supply. Miden uses zero-knowledge proofs for private transactions while keeping blockchain performance high. #blockchain #privacy #web3
#crypto #news
Scroll hits Stage 1, becoming the FIRST zk-Rollup to achieve this milestone! 🎉 The Euclid update brings key upgrades: no arbitrary upgrades, no censorship, and network liveness. Stage 1 means smart contract management, complete proof system, & more! #zkRollup #Ethereum #Layer2
#crypto #blockchain #news
Neo Legacy network shutting down! 🚨 Testnet closes June 1st, mainnet Oct 31st. Migrate your assets & smart contracts to Neo N3 ASAP to avoid loss. Neo Legacy served the community since 2016. #Neo #cryptocurrency #blockchain
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Animoca Brands expands to Dubai, opening its first office in the UAE! Omar Elassar appointed Managing Director for the Middle East & Head of Global Strategic Partnerships. He previously held leadership roles at Polkadot, Parity Technologies, & Ripple. #Web3 #Dubai #AnimocaBrands
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Circle gets preliminary approval as a money services provider in Abu Dhabi Global Market (ADGM)! 🎉 Initial requirements met to offer financial services in the international financial center. Full regulatory approval still needed. Circle established an ADGM entity in Dec '24 to expand in the Middle East & Africa. #stablecoins #crypto #ADGM
#blockchain #news
Ethereum Foundation update: More users, stronger network! 🚀 Focus on censorship resistance, open-source, privacy & security. Building a resilient ecosystem that thrives independently. Authored by ETHPanda. #Ethereum #Web3
#crypto #blockchain #news
Kaia Network, building Mini Dapps in social apps like TON, hit a record 22.8M monthly active users in April! Frog Defense, Kyuzo’s Friends, & Darkstar each topped 1M MAU. DAU peaked at 5.35M on April 12. #KaiaNetwork #MiniDapps
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Bitrace report: High-risk crypto addresses received $649B in 2024, 5.14% of stablecoin activity. USDT on TRON dominated 2021-2024. Gambling-related funds hit $217.8B, up 17.5% from 2023. USDC use in gambling surged. Fraud addresses held $52.5B, money laundering $86.3B.
#crypto #blockchain #news
HashKey Exchange hits HK$10B AUM, achieving world's largest virtual asset insurance coverage! 🎉 As a licensed Hong Kong platform, they've partnered with top insurers like OneDegree to meet strict SFC requirements. #crypto #HongKong #HashKey
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1inch Network, a multi-chain DEX aggregator, has announced its integration with the Solana network. According to the announcement, this integration will enable MEV-protected swaps for over one million tokens on Solana.
#crypto #blockchain #news
DOJ seeks 20 years for Celsius founder Alex Mashinsky, accused of a $7B fraud. He admitted misleading customers & manipulating CEL. Prosecutors say it was a calculated scheme. Sentencing set for May 8. #crypto #Celsius #fraud
#blockchain #news
Binance Alpha update: Only master accounts earn Alpha points. Assets in sub-accounts will be consolidated to the master account. Don't spread assets across accounts to game the system! Sub-accounts aren't eligible for Alpha points or airdrops. #Binance #Alpha
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Hyperliquid's new fee structure & staking tiers launch May 5th, ~03:00 UTC! Reduced trading fees for HYPE stakers, separate fees for perps & spot, and 2x spot volume for fee tier calculations. #Hyperliquid #DeFi
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Gate Dubai gets full crypto license in Dubai! 🇦🇪 Can now offer trading to institutional, qualified, & retail investors. Gate Group expands its global reach with another regulatory win. Compliance is key for the company! #crypto #Dubai #VASP
#blockchain #news
Bankera founders accused of misusing funds from their 2018 ICO (OCCRP). Allegedly, nearly half of the $114M raised went to luxury properties & personal loans. Dividend payments for the BNK token ended in 2022, and a banking license never materialized. BNK market cap is now ~$976K (Cointelegraph).
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Loopscale reports progress in resolving the recent hack! They've received ~19,463 WSOL back in three transactions (~$2.88M). They're working towards a full resolution and will share updates. #DeFi #Security
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