Daily Bits

Daily Bits

Ethereum outperforms with a 20% rally as fresh capital flows in and undervaluation signals flash

Ethereum outperforms with a 20% rally as fresh capital flows in and undervaluation signals flash

Ethereum surged 29% this week, breaking a 10-week downtrend and catching short sellers off guard with $400M liquidated.

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Magic Labs launches Newton to enable secure AI-driven crypto automation

Magic Labs launches Newton to enable secure AI-driven crypto automation

Magic Labs, backed by PayPal Ventures, launched Newton, a platform for verifiable AI agents that safely automate crypto tasks without users giving up wallet control.

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Ethereum’s Pectra upgrade unlocks smarter wallets, higher staking, and layer 2 scaling

Ethereum’s Pectra upgrade unlocks smarter wallets, higher staking, and layer 2 scaling

Ethereum has launched the Pectra upgrade, its most ambitious update yet, introducing wallet smart contract features, improved validator economics, and enhanced scalability.

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Tezos Rio upgrade boosts staking speed and L2 incentives with improved network resilience

Tezos Rio upgrade boosts staking speed and L2 incentives with improved network resilience

Tezos’ Rio upgrade enhances staking flexibility, speeds up operations 3x, and allocates 10% rewards to boost L2 adoption via the Data Availability Layer (DAL).

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Chainlink rewards launches with 100M SXT token giveaway for LINK stakers

Chainlink rewards launches with 100M SXT token giveaway for LINK stakers

Chainlink Rewards, launching on May 8, incentivizes active participation in the Chainlink network.

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Bybit showcases crypto payment solutions at Web Summit Rio 2025 with Bybit Pay launch in Brazil

Bybit showcases crypto payment solutions at Web Summit Rio 2025 with Bybit Pay launch in Brazil

Bybit showcased its innovative crypto solutions at Web Summit Rio 2025, emphasizing its role in integrating crypto into traditional payments.

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Ethereum R1 offers a decentralized rollup solution for Ethereum

Ethereum R1 offers a decentralized rollup solution for Ethereum

Ethereum R1 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum

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Grayscale launches Bitcoin Adopters ETF, tracking companies with BTC treasury strategies

Grayscale launches Bitcoin Adopters ETF, tracking companies with BTC treasury strategies

Grayscale has launched the Bitcoin Adopters ETF, which tracks companies with a corporate Bitcoin treasury strategy.

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Mastercard partners with Circle, Paxos, and Nuvei to enable stablecoin payments for 150 million merchants

Mastercard partners with Circle, Paxos, and Nuvei to enable stablecoin payments for 150 million merchants

Mastercard has partnered with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments.

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Ethereum's proposal to boost gas limit could increase transactions to 2,000 TPS by 2029

Ethereum's proposal to boost gas limit could increase transactions to 2,000 TPS by 2029

Ethereum's EIP-9698 proposes raising the gas limit from 36 million to 3.6 billion units over four years, potentially increasing transactions per second (TPS) to 2,000.

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