Solana’s price is poised to surge out of a double bottom pattern, while the Aptos’ native token APT price was steady following the unlock of nearly $32 million tokens. BlockDAG again captures the spotlight, with a stunning display of its miners at Piccadilly Circus. This prominent showcase underscores BlockDAG’s growing influence and appeal in crypto. Let’s dive into the latest market updates. Solana’s Poised for 20% Uptick Amid Renewed Investor Confidence Solana’s price is poised for a potential 20% surge as it nears a breakout from a double-bottom pattern. This uptick is largely fueled by re ..read more

With the Ripple trading volume surging by 235%, ARB price prediction projects bullishness as it managed to see one of many highest quantities of inflows, outcompeting different Layer 2 options on the Ethereum [ETH] community. Recently, BlockDAG advanced to its 11th presale batch, accompanied by an updated roadmap, igniting a surge in presale activity.  With over 8.7 billion coins sold and $24.6 million amassed, the momentum is undeniable. Additionally, the network now supports 10 payment methods, including Dogecoin, Shiba Inu, and Solana, expanding user choice and simplifying transactions ..read more

NFTFN, a web3 fintech company on the cutting edge of NFT finance, has seen its presale explode in popularity, raising over $600,000 with over 20 million tokens sold. This overwhelming response highlights the immense potential of NFTFN’s flagship product, SuperNova (SNV), a revolutionary NFT Perpetual DEX designed to democratize access to blue-chip NFTs. SuperNova: Unlocking the NFT Market for Everyone NFTFN tackles key hurdles hindering mainstream adoption of NFTs. “High entry barriers, lack of hedging options, and limited risk management tools” have kept many out of the game, says Abhishek K ..read more

London, UK, May 10th, 2024, Chainwire Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party ..read more

Ethereum co-founder and Consensys CEO Joseph Lubin has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling innovation in the cryptocurrency industry to protect the existing financial landscape. Speaking at FT Live’s Crypto and Digital Asset Summit in London, Lubin shed light on his company’s decision to sue the SEC after receiving a Wells Notice from the regulator. TLDR Ethereum co-founder Joe Lubin believes the SEC is intentionally hindering innovation in the crypto industry to protect the existing financial landscape. Lubin claims the SEC has reclass ..read more

Binance, one of the world’s largest cryptocurrency exchanges, has been fined C$6 million ($4.3 million) by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for committing two “administrative violations” of the country’s financial regulations. The regulatory action comes amidst a series of legal challenges faced by the exchange in various jurisdictions. TLDR The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) fined Binance C$6 million ($4.3 million) for two “administrative violations” of the country’s financial regulations. Binance failed to reg ..read more

The cryptocurrency market is eagerly awaiting the next altcoin bull run, and according to market analysts, the local bottom for altcoins could occur as early as June. However, for a significant altcoin rally to take place, Bitcoin’s price needs to break out to the upside first. TLDR Altcoins could find their local bottom around the beginning of June, based on historical chart patterns, according to crypto analyst Rekt Capital. The altcoin market cap, excluding the top 10 cryptocurrencies, fell over 21% in the past month to $265 billion but is still up 24% year-to-date and 167% over the past y ..read more

The European Union’s securities watchdog, the European Securities and Markets Authority (ESMA), is exploring the possibility of adding crypto assets to the 12 trillion euro ($12.8 trillion) Undertakings for Collective Investment in Transferable Securities (UCITS) investment product market. This move could potentially open the door for broader access to cryptocurrencies through one of the largest mainstream investment vehicles in Europe. TLDR The European Securities and Markets Authority (ESMA) is seeking expert opinions on whether to add crypto assets to the 12 trillion euro ($12.8 trillion ..read more

Blockchain security firm Zellic has discovered two critical bugs in a fork of the Gains Network leveraged trading protocol that could have allowed traders to profit 900% on every trade, regardless of the price of the token being traded. The findings, reported on April 19, highlight the potential risks associated with forks of popular decentralized finance (DeFi) protocols and the importance of thorough security audits. TLDR Two bugs in a fork of the Gains Network leveraged trading protocol could have allowed traders to profit 900% on every trade, regardless of the price of the token traded. O ..read more

The Starknet Foundation has announced the launch of a $5 million Seed Grants Program to support emerging projects on the Starknet network, an Ethereum layer-2 scaling solution based on zero-knowledge rollup technology. The program aims to provide at least 200 promising teams with $25,000 in USD Coin (USDC) per award recipient, offering a “final push” to help final-stage projects launch on Starknet and foster overall blockchain innovation. TLDR The Starknet Foundation has launched a $5 million Seed Grants Program to support at least 200 promising teams with $25,000 in USD Coin (USDC) per award ..read more