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Month: May 2024

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  • Jack Dorsey-backed Bitcoin mining pool OCEAN opens global hub in El Salvador

Jack Dorsey-backed Bitcoin mining pool OCEAN opens global hub in El Salvador

OCEAN Mining has announced the establishment of a global hub in El Salvador. The Bitcoin mining pool is backed by Jack Dorsey. OCEAN Mining, a Bitcoin mining pool backed by…

MAGA Hat, Super Trump soar as politics-related memecoins heat up

MAGA Hat token has jumped more than 500% in the past 24 hours. Super Trump reached new all-time high on May 29 and is up 200% at the time of…

Singapore’s largest bank DBS holds $650 million in ETH: Nansen

Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank…

What Is Solana (SOL) and How Does It Work?

What Is Solana? Solana is a decentralized Layer 1 network that utilizes the Proof-of-History consensus mechanism which promises high performance by processing large amounts of transactions quick...

Memeinator due to list on Uniswap and MEXC today

Key takeaways The Memeinator presale has raised more than $7.7 million Memeinator is scheduled to list on both Uniswap and MEXC at 3pm UTC today A second staking pool also…

Bank of Israel launches “Digital Shekel Challenge” to innovate CBDC payment systems

Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access a prototype system to create innovative digital shekel uses. Bank of…

Mastercard launches crypto credentials P2P pilot program to simplify transactions

The Mastercard crypto pilot program uses aliases to simplify and secure transactions. The initiative involves partners like Bit2Me, Lirium, Mercado, and FoxBit. Concerns, however, persist about centralization and data security…

Hashdex has withdrawn its Ethereum ETF application

Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape…

Zilliqa price outlook as network hits key milestone

Zilliqa (ZIL) recently hit 66 million network transactions. However, ZIL price was down 2.5% at the time of writing, trading near $0.024. Zilliqa (ZIL) price has traded in the $0.021-$0.026…

SEI price drops amid distribution of over 27M tokens after fruitful v2 upgrade

Sei v2 upgrade introduces sub-second transaction finality, enhancing scalability. Sei Foundation implements fairer eligibility criteria for token distribution event. SEI token price drops by 3.91% to $0.5185 amid distribution of…