Crypto News

What’s Interesting Today: Litecoin's price surged by 11% over 24 hours, becoming the second-best performer among the top 100 cryptocurrencies, following a statement by the Commodity Futures Trading Commission (CFTC) classifying it as a commodity. This classification, amidst a sluggish market, significantly boosts Litecoin's appeal

What’s Interesting Today: Ondo Finance, overseeing $220 million in assets, plans to transfer the majority of its OUSG fund, valued at $88 million, into BlackRock's recently introduced BUIDL Fund, signaling a move towards the tokenization of securities. BUIDL, established on Ethereum, has rapidly accumulated $245 million in

What’s Interesting Today: AltLayer has introduced a staking feature for its ALT token holders, enhancing the economic security of its ecosystem. This feature is part of AltLayer's development of MACH Alpha, a fast finality layer built on EigenLayer, aimed at addressing Ethereum's slow transaction finality

What’s Interesting Today: Badger Finance has launched eBTC, a 0% interest Bitcoin lending protocol, using Lido's liquid staking token, stETH, as collateral to generate staking yield for both the protocol and borrowers. Users can borrow eBTC, a synthetic Bitcoin-pegged stablecoin, using Ethereum as collateral without paying interest,

What’s Interesting Today: TrueFi has launched the Trinity protocol, targeting the on-chain real-world assets (RWA) market with its new dollar-based TRI token. This token is designed to enhance capital efficiency by allowing users to use collateral assets, like the tokenized tfBILL (representing short-term U.S. Treasury bills) and other

What’s Interesting Today: Friend.tech, leveraging Web3 technology, has pioneered a novel approach by offering its users a stake in the company, transitioning them from mere participants to investors. This model aims to democratize digital investment, fostering a deeper community bond and advancing a user-centric business philosophy. Despite initial

What’s Interesting Today: At At the ETHTaipei 2024 event, Ethereum co-founder Vitalik Buterin introduced a new "rainbow staking" framework aimed at decentralizing Ethereum's staking process, which is currently dominated by centralized entities like Coinbase and Binance. Highlighting concerns over the centralization risks posed by such

What’s Interesting Today: Mysten Labs, the developer of the Sui blockchain, announced they have achieved a significant breakthrough in blockchain scalability known as "linear scaling." Through tests with Pilotfish, a prototype extension for Sui, they demonstrated an 8-fold increase in transaction throughput with the addition of 8

What’s Interesting Today: Gyroscope, a stablecoin project backed by Galaxy Ventures, is introducing a new high-yield liquidity pool named Rehype, aiming to enhance capital efficiency in the crypto market. The Rehype liquidity pools focus on rehypothecation—the practice of lending out collateral—to generate returns from trading, rehypothecation of

What’s Interesting Today: Fidelity has updated its spot Ethereum ETF application with the U.S. Securities and Exchange Commission (SEC) to include plans for staking part of the fund's Ether through third-party providers. This amendment, which proposes that the fund receive network rewards as income, sets a