OKX is set to list the Zeus Network’s ZEUS token for spot trading today, enabling ZEUS/USDT trades. The integration aims to leverage Solana’s scalability with Bitcoin’s security, enhancing possibilities for decentralized applications (dApps) and secure financial services. The Zeus Network, which leverages the Solana blockchain for improved interoperability, has successfully raised $8 million in a seed funding round led...
Synthetic dollar issuer Ethena Labs has announced the launch of claims for its new governance token ENA. The protocol, known for its yield-earning USDe token, is looking to distribute 750 million ENA tokens through an airdrop. The airdrop will see 5% of the token’s total supply flow into the market. Ethena Labs announced the development via an X post,...
Vitalik Buterin thinks ‘degen communism’ can make the crypto economy fairer and promote a common good amidst the market’s inherent chaos. The term ‘Degen communism’ merges the adventurous spirit of “degen” culture, known for its high-risk, high-reward investment strategies, with a structured approach to ensure that the fallout from market volatility disproportionately harms none. Advocating for this...
The Telegram messenger has unveiled a new revenue sharing system that allows channels’ owners to get 50% of revenue from ads displayed on their channels. In a blog post on Mar. 31, Telegram announced the launch of a new revenue sharing program that aims to bolster its platform’s appeal to content creators. Described as the “most generous reward systems in the...
Arrow Markets has launched a new platform for trading non-U.S. crypto options, aiming to simplify the trading process for users internationally. The initiative seeks to fill a gap in the market, akin to the role Robinhood plays in the U.S. for stock options trading, but focusing on the defi sector. Supported by Framework Ventures, Delphi Ventures, and Blizzard the...
IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest. The crypto asset, often leveraged for gas fees and liquidity provision on the Idex exchange, had witnessed a generally bearish trend over the...
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on...
ParaSwap, a decentralized finance aggregator, has started returning crypto to users after fixing a critical vulnerability in its Augustus v6 smart contract identified last week. The smart contract bug emerged shortly after the contract’s introduction on March 18, aimed at improving swapping efficiency and reducing gas fees. However, the contract contained a critical vulnerability, allowing hackers...
A crypto millionaire participates in Option2Trade’s (O2T) $888k giveaway, reflecting a trend of heightened interest in high-value crypto contests, underscoring broader community dynamics. A Filecoin (FIL) millionaire, having already navigated the highs and lows of the crypto market to amass substantial wealth, has set their sights on a unique opportunity: the $888k giveaway by the exchange...
Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana blockchain, are part of the DePIN project, which aims to connect the unconnected by the end of the year. Only 30 million individuals in India, a country of...
