Recently, on April 9, the EigenLayer team made a significant announcement regarding the launch of EigenDA, the first Available Validator Service, on the Ethereum mainnet. This marks a crucial milestone for the platform and showcases its commitment to innovation and progress within the blockchain space. According to the team, there has been a substantial amount
Staking
Dogwifhat (WIF) investors are redirecting their attention to a new green Initial Coin Offering (ICO) known as eTukTuk (TUK) in hopes of achieving substantial gains of up to 10,000% in 2024. Despite a decline from its recent weekly highs, WIF is currently trading around $3.46, a drop of almost 20% from its peak in the
As the crypto market continues to evolve, investors are constantly on the lookout for the next big thing. With Dogecoin (DOGE) losing some of its charm, attention has shifted towards a new meme coin called Sponge (SPONGE). This exciting new token has been gaining traction in the market, with investors eyeing potential returns of up
Ethena Labs, the creators of USDe, have taken a significant step in scaling USDe’s supply by incorporating Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. The decision to include BTC as a backing asset was strategically important as it aimed to leverage BTC’s superior liquidity and scalability for delta hedging, ultimately providing a more
The Ethena token (ENA) has seen a staggering 13% surge in just 24 hours, with an overall increase of 53% since its listing on Binance. ENA serves as a governance token for Ethena’s decentralized finance (DeFi) protocol, offering a yield-earning dollar-pegged stablecoin known as USDe with an impressive 35% APY. Unlike traditional stablecoin rivals like
The recent frenzy around Wally the Whale token has taken the cryptocurrency market by storm. With an astonishing 44,510% gain in just 24 hours, WALLY has captured the attention of both retail traders and seasoned investors alike. The launch of WALLY on April 2nd saw an explosive start, with a DEX listing that immediately drew
Recently, Coinbase CFO Alesia Haas expressed her belief that Ethereum (ETH) should not be classified as a security. She highlighted the lack of regulatory clarity surrounding cryptocurrencies in the United States as the core issue. Haas emphasized the importance of a clear and consistent regulatory framework to protect consumers and companies like Coinbase. However, despite
The recent surge in meme coin markets on Solana has been nothing short of astounding, with CHRIST experiencing an incredible increase of over 770,000% in just 24 hours. The token, Christ is King, quickly gained viral success on X, leading to a major breakout. Despite this impressive growth, CHRIST is currently trading at a market
Learn how to stake Tezos and earn passive income. This article provides step-by-step instructions on setting up a Tezos wallet and choosing the right baking service. Discover the benefits of Tezos and understand the proof-of-stake consensus algorithm. Whether you delegate or self-stake, unlock the potential of Tezos with this informational post.
The cryptocurrency market has been buzzing with excitement as a new meme coin, LIGMA token, has taken center stage with an astonishing +188,000% gain in less than 24 hours. Despite its provocative name, LIGMA has caught the attention of investors due to its claims of launching the fastest nodes on the Solana network. The token