Solana Meme Coins Bonk (BONK) And (MEW) Fail To Make New ATH, ETFSwap (ETFS) Presale Explodes

The once-booming trend of Solana meme coins appears to be reaching its twilight. Backed by social media excitement and community cheerleading, tokens like Bonk (BONK) and Cat in a Dogs World (MEW) soared to heights.  However, meme coin’s lack of real-world utility or underlying technology which has resulted in their major collapse and bearish trends, … Read more

Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking

The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States. BOB Mainnet Activates, Project Expects a ‘Bitcoin-Driven Defi Summer’ On May 1, … Read more

Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., … Read more

Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected

Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term will lead to mass wealth confiscation and crypto seizures.” … Read more

Top VCs Join EYWA’s Seed Round Led by Curve’s Founder

PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has been led by Curve Finance founder Michael Egorov — with the project recently attracting two … Read more

Coinbase Announces Support for Bitcoin’s Lightning Network

Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing the utility of crypto for customers using Coinbase’s services. Coinbase Adds Lightning … Read more

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