Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to about 695,232 eligible wallets. ZK Airdrop Coming Next Week In the release,…
On Sunday, Loopring, an Ethereum zero-knowledge roll-up protocol, announced a significant security vulnerability attack on its smart wallets, linked to the Loopring Official Guardian. The project is collaborating with security and law enforcement agencies to investigate how the two-factor authentication system was compromised and to track down the cybercriminals. Loopring Official Guardian Exposed In a…
Michaël van de Poppe, a well-known cryptocurrency analyst and trader, is based at the Amsterdam Stock Exchange and frequently shares his insights on various social media platforms, particularly X (formerly known as Twitter). On 10 June 2024, Van de Poppe posted a detailed analysis on X, emphasizing that this could be the last chance to…
The Arbitrum Foundation, which supports the Ethereum-based Layer 2 network Arbitrum, has announced a significant investment aimed at fostering the gaming industry within its ecosystem. Over the next three years, the foundation will allocate 225 million Arbitrum (ARB) tokens, valued at about $215 million, to the newly created Gaming Catalyst Program (GCP). According to a…
Share this article Evgeny Gaevoy, CEO of Wintermute, said if Ethereum fails in the future, it will not be because of technical shortcomings compared to competitors like Solana. Instead, the core issue is the contradiction in Ethereum’s leadership. “If ETH fails in the future it [won’t] be because ‘Solana is faster’, it will be because…
The crypto prices today have caused some uneasiness among traders and investors, as Bitcoin (BTC) & Ethereum (ETH) dipped to the $69K & $3,600 mark in the past 24 hours. Altcoins, Solana (SOL), XRP, and meme coins followed the tumbled price action. However, there is a silver lining as Filecoin (FIL) and Injective (INJ)…
Iggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the described meme, Azalea stated that “he was just hangry (sic).” Azalea’s reaction comes after Buterin’s statements against…
A widely followed cryptocurrency analyst and trader believes that a top-10 altcoin by market cap is destined to rally by double-digit percentage points from the current level. The analyst pseudonymously known as Bluntz tells his 260,900 followers on the social media platform X that BNB, the utility token for the BNB Chain ecosystem, is set…
Ethereum (ETH) will reach a price of $22,000 within six years thanks to ETF approvals, scaling improvements, and healthy on-chain progress, according to VanEck. In a Wednesday report, the $89.5 billion asset manager said the network’s TradFi market share growth and dominance among smart contract platforms creates “a credible path to $66B in free cash…
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on bitcoin’s prices for June….