After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
Trading XRP on Binance.US began Friday.
Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
XRP climbed as high as 64 cents at one point, its highest level since May.
Algorand Cuts Block Time After New Upgrade
The protocol upgrade includes several improvements intended to make application development faster and more cost-efficient.
Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M
Notable depositors into EigenLayer’s pools include one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool and another address associated with Hassan Bassiri, former vice president of portfolio management at crypto hedge fund Arca, per Nansen.
Aave’s Decentralized Social Media Platform Lens Protocol Releases New Governance Model
Lens Improvement Proposals (LIPs), which is inspired by Ethereum and Aave, is an attempt to create a framework for developers, creators and users to participate and have a voice in the decision-making process of Len’s future development.
The Graph Starts Migrating its Settlement Layer to Arbitrum from Ethereum
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era
The technology known as DVT involves splitting a validator’s private key across several node operators. The goal is to increase the network’s resilience – while also protect the individual validators – by reducing single points of failure.
P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe
The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level.
Binance’s BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
In trading, timing is everything and it appears that some traders put in well-timed sell orders for BNB, ahead of the massive SEC crackdown against crypto exchange Binance on June 5.
Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism’s “Bedrock” upgrade this week.
Circle Rolls Out Support for USDC Stablecoin on Arbitrum
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.
Arbitrum Temporarily Stopped Processing Due to Software Bug
BNB, CAKE Plummet Following SEC Crackdown on Binance
Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8% over a four-hour period.
Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations
The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.
Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade
Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).