Crypto Insights
Crypto Insights
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388
Arweave Surges After Launch of Arweave AO Testnet to Advance Blockchain Scalability
Blast, an Ethereum layer-2 network, has seen its total value locked (TVL) soar to over $2.1 billion ahead of its mainnet launch scheduled for February 29, driven by anticipation of a May airdrop. The TVL has risen by 2200% since the protocol's initiation on November 22, largely due to users locking Ethereum in hopes of receiving the forthcoming Blast token airdrop. Despite this surge, Blast has faced scrutiny for prohibiting withdrawals until the mainnet's debut and was linked to a controversial gambling protocol "Risk on Blast," which recently conducted a rug pull. Despite these controversies, Blast, which offers native yields in Ether and stablecoins, successfully secured a $20 million seed round from Paradigm and Standard Crypto.
CELO Surges After Spike In On-Chain Transactions; Trump Launches NFT Collection
The former president of the United States, Donald Trump, announced the release of his official NFT collection. Read more here.
AVAX Surges After J.P. Morgan's Onyx Showcases Portfolio Management on Avalanche, Nocturne Launched to Enhance Privacy and DeFi Compatibility on Ethereum
Nocturne, a protocol for on-chain private accounts, has successfully launched Nocturne v1 on the Ethereum mainnet. Read more here.
SUI Surges After Upgrading Web3 Security with zkLogin's Adoption of Proof of SQL, Linea Launches 'DeFi Voyage' Campaign to Educate New Users and Offer XP Rewards
Linea, an Ethereum Layer 2 network by Consensys, initiated the 'DeFi Voyage' campaign to draw new users and educate them about decentralized finance (DeFi).
BTC Active Supply Approaches Historic Lows; PancakeSwap to Deploy on Aptos
The team behind PancakeSwap has proposed to expand to the newly launched Aptos blockchain following its recent integration with Ethereum.
Radiant Outperforms On Growing TVL; SocGen Offers Stablecoin on Ethereum
France’s banking giant Societe Generale (SocGen) introduced a Euro-pegged stablecoin on Ethereum. Find out more here.
STX Surges Following Developer's Launch of Pyth Oracle on Stacks; Grayscale's Legal Victory Over SEC Opens Door for Future Spot Bitcoin ETFs
Grayscale Investments has won a lawsuit against the U.S. Securities and Exchange Commission (SEC). Read more here.
Curve Launches Stablecoin; Bitcoin’s BRC20 Helped Set New Highs for Daily Transactions
The BRC-20 token standard on the Bitcoin blockchain has been gaining in popularity. Read more here
BTC Correlations with TradFi Drop; Brazil Backs Law for More Crypto Regulation
With a 4.4% jump in the last 24 hours, find out what this means for $BTC should it break through this resistance zone.
MVL Listed on Bybit; Moonbirds Partners with Mona to Reveal its 3D VR Metaverse
Moonbirds Monaverse, the new virtual world for the Moonbirds community, is a collaboration between the NFT collective, Proof, and the 3D world-building platform, Mona. Read more here.
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