George Town, Grand Cayman, April 23rd, 2024, Chainwire Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months.  As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit’s mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethe ..read more

0G Labs and One Piece Labs have announced the launch of the first incubator for entrepreneurs operating at the confluence of blockchain and AI. The goal of the OPL x 0G incubator is to find and assist bright Web3 entrepreneurs who are investigating the ways in which AI may assist crypto use cases, or vice versa. The design space for fusing AI with crypto hasn’t been well explored yet, partly because both technologies are still relatively new and because finding synergies requires in-depth understanding of both sectors. The teams want to encourage ambitious builders to come up with t ..read more

Today, Binance, the leading blockchain ecosystem behind the biggest cryptocurrency exchange globally in terms of trading volume, revealed the launch of its much awaited spot copy trading strategy tool. In May 2024, the functionality will be completely pushed out for all users. Experienced users who fulfill the minimum portfolio asset size criteria may now register as lead traders. Along with Spot Grid Trading, Dollar-Cost Averaging (DCA), and Rebalancing Bot, Binance now offers an even more comprehensive and well-liked selection of automated spot strategy trading tools with the ..read more

The SEC is requesting the return of about $4.7B, along with $520 million in civil penalties. The regulatory agency is considering imposing a “conduct-based injunction” on the company. In light of a recent civil case ruling, Terraform Labs and its co-founder, Do Kwon, are facing the prospect of heavy financial penalties from the U.S SEC. A filing made on April 19 in the U.S. District Court of New York in the Southern District of New York states that the SEC is requesting the return of about $4.7 billion in the form of disgorgement and prejudgment interest, along with $520 million in civil pe ..read more

Victoria, Seychelles, April 23rd, 2024, Chainwire At this month’s Blockchain Life Dubai conference, Bitget Wallet‘s Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive application of various wallet technologies, including hot wallets, cold wallets, MPC wallets, AA wallets, and multi-signature wallets. Kan emphasized the widespread security vulnerabilities in the Web3 env ..read more

For the last year, PDVSA has been progressively shifting its oil sales to USDT. This shift is being expedited by the return of oil sanctions. In response to the harsh U.S. sanctions, Venezuela’s state-run oil firm PDVSA has reportedly taken further steps to diversify its revenue streams away from traditional fiat currency and toward digital assets such as Tether (USDT). The United States Department of the Treasury requested last week that all PDVSA users and service providers cease all transactions until May 31. Companies will have to wait for specific U.S. authorizations to conduct busines ..read more

BEFE Coin surged into the crypto market as a new meme coin, innovating its place differently cause of its rhetorical meme content. At the crossroads of meme culture and investment opportunity, BEFE Coin provides a unique gateway for a wider audience to discover what is standing behind this meme coin. It guarantees to be in the top trend. Let’s learn how. Meme Coins: Historical Purview Meme coins derive their cult status from internet memes, having carved out their own unique territory in the crypto space. It all began in 2013 with Dogecoin. Initially, it was created as a joke by Billy Markus ..read more

The DODO team is excited to announce the launch of DODOchain, an Omni-Trading Layer 3 that is powered by EigenLayer, AltLayer, and Arbitrum Orbit. As the first Layer3 solution, DODOchain bridges Bitcoin and Ethereum’s Layer2 effortlessly and focuses on bringing liquidity from several chains together in one place. Trade tokens on the DODOchain, the rollup-level liquidity layer, to boost profits via restaking. The Reason Behind DODOchain’s Creation With its innovative Proactive Market Maker (PMM) algorithm, which brought a focused liquidity solution around the oracle price, DODO was l ..read more

A cryptocurrency project will definitely grow in the crypto market if it offers solutions to the issues that investors face. Investors are enticed to invest in any cryptocurrency project by factors such as transaction ease, efficiency, appropriate structure, security, and efficient marketing. These are the techniques Bitgert employed to ensure it’s exchange growth and price increase. Bitgert Coin is well-known for its skips and expertise in introducing unique payment methods. It provides a blockchain solution for digital transactions that is quick, secure, and efficient, which is why we see i ..read more

In a strategic move reflecting its evolving identity and commitment to the cryptocurrency community, CZOL, formerly known as CZolana, is excited to announce its official rebranding along with the launch of a significant airdrop campaign. This initiative aims to deepen community engagement and honor the indelible impact of Changpeng Zhao (CZ) on the cryptocurrency landscape. Rebranding for the Future As CZOL transitions from CZolana, this rebranding marks a pivotal shift towards embracing a broader and more inclusive approach to its community and offerings. The new name and logo, featuring a p ..read more