Monday, July 15, 2024

Ethereum Blockchain

A Battle for the ZK Acronym

Matter Labs' trademarking of "ZK" caused backlash from Starkware, Polygon, and Polyhedra. After criticism and a public letter, they withdrew their applications. Polyhedra rebranded their token ticker, and Matter Labs continues to focus on zkSync platform developments.

Bitcoin

Bitcoin Breaks Through $69k to Set New All-Time High, Followed by Sharp Pullback

Bitcoin momentarily climbed past its previous record high to reach over $69,000 at around 3 PM UTC on Tuesday, surpassing the previous peak of $68,990.90 recorded in November 2021.

Microsoft Crypto Wallet Integration in Edge Web Browser Being Tested

Microsoft, one of the world's leading software companies, is reportedly testing the integration of a crypto wallet in its web browser, Edge. According to a recent report from BleepingComputer, the tech giant is exploring the possibility of adding a Microsoft crypto wallet to its Edge browser, which would allow users to securely store and manage their cryptocurrencies directly within the browser.

Polygon Ecosystem

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NFT News

DEGEN Chain: Engineering a People-Centric Layer-3 Blockchain

This article examines the genesis and evolution of DEGEN, from its strategic token launch and dedicated team to its cutting-edge layer-3 technology and robust community engagement. A number of key milestones are discussed, such as airdrops and pivotal integrations that have marked its short history.

Avalanche Blockchain

Avalanche Blockchain Faces Halt Amid Durango Upgrade Rollout

Avalanche's primary blockchain, known for its speed and efficiency in handling transactions, experienced a significant halt in block production early Friday morning.

A number of lawsuits filed by Kyle Roche have been withdrawn after Ava Labs controversy

Attorney Kyle Roche has withdrawn from cases against Bitfinex and Tether. The CEO of Ava Labs denied there was anything unusual about the company's relationship with Roche, despite a video that was leaked.

Avalanche Bridge adds Bitcoin Support to allow BTC use in its DeFi protocols

Avalanche, a popular Layer 1 blockchain, has announced new support for native Bitcoin (BTC) through its bridge solution built on its cryptocurrency wallet Core. As a result, in the past 24 hours, AVAX has outperformed major digital assets such as Bitcoin and Ethereum.

Ava Labs in New Funding Round at $5 Billion Valuation

According to sources familiar with the matter, Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a second round of funding. According to the new valuation, it would rank among the world's most highly valued crypto startups.

Charles Hoskinson Reacts to Criticism Over Cardano’s DeFi Ecosystem Growth

Charles Hoskinson, founder and CEO of Cadano, has once again responded to critics -- this time around Emin Gün Sirer, the founder and CEO of Avalanche's Avalabs. Cardano's DeFi ecosystem has been criticized for its slow pace of growth, as reflected in its TVL.

Featured

The MAGA coin has witnessed a staggering 500% surge in its value over the past month, boasting a market cap exceeding $400 million. This astonishing growth has not only captured the attention of investors and political enthusiasts alike but has also sparked a broader conversation about the role of meme coins in the digital economy.

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