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BNB Chain has removed $1.17 billion worth of BNB coins from circulation. BNB price remains relatively unaffected by the news. BNB Chain Burns Nearly $1.17 Billion in 27th BNB Burn. Image: CryptoSlate On the afternoon of April 24 (Vietnam time), the BNB Foundation announced the completion of its
NFT & GameFi
On April 22, 2024, the NFT platform Magic Eden launched a new platform called Runes Platform in its testing phase. Magic Eden Supports Runes Token Trading on Bitcoin The Runes Platform allows users to swap for BTC and easily purchase Runes and Ordinals using the Magic Eden wallet. According to
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Stacks has commenced its largest-ever protocol upgrade, named Nakamoto, aimed at resolving network congestion issues and expected to be completed by May. Stacks (STX) Begins Deployment of "Nakamoto" Upgrade. Image: Bitflow After years of research and testing, the Bitcoin layer-2 project Stacks is currently undergoing its most significant
defi
Layer-2 solution Zircuit has attracted over $80 million in deposits in the past 24 hours, bringing its total TVL (Total Value Locked) to $2 billion just two months after its launch. In addition to staking rewards and Zircuit Points, users will also earn Points from other projects. TVL of Layer-2
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Bitcoin's Halving event typically drastically reduces rewards for mining companies and Bitcoin miners. However, the emergence of the Runes Protocol has altered the landscape, pushing BTC transaction fees to unprecedented highs. Bitcoin Miners Rake in Profits from BTC Transaction Fees Amid Runes Frenzy The fourth Bitcoin Halving event
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Bitcoin prices have remained relatively stable post-Halving, but it's now the time for Bitcoin Layer-2 projects like STX, SAVM, MERL, etc., to accelerate. Bitcoin Layer-2 Crypto Coins Begin Gaining Momentum Following Halving Bitcoin's once-every-four-years Halving event concluded on April 20, halving the block reward from 6.
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The Runes Protocol has been officially deployed and is gaining significant attention from the community following the fourth Bitcoin Halving event. The introduction of Runes has seen Bitcoin network activity surge to over 600 thousand transactions per day. This article will summarize the most notable Runes Protocol projects currently. Top
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On the evening of April 22, 2024, cLabs, the blockchain development team behind Celo, has decided to build its Layer-2 solution on Optimism's OP Stack, following a proposal and vote by CELO token holders under governance rules. This decision comes after an 8-month evaluation and testing phase with
defi
ether.fi, the liquid restaking platform on Ethereum, has recently integrated Distributed Validator Technology (DVT) from SSV Network. On its official X (formerly Twitter) account, SSV Network announced the collaboration with ether.fi to enhance the restaking project’s infrastructure stability, decentralize the network, and mitigate risks. Thrilled to announce
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The fourth and final Bitcoin Halving event has successfully concluded. The block reward for miners has officially reduced from 6.25 BTC to 3.125 BTC per block. Bitcoin Halving 4 Successful, Mining Reward "Halved" to 3.125 BTC. Image: Protos OKLink shows that Bitcoin completed its fourth
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The Runes Protocol is poised to ignite a new frenzy on the Bitcoin network, akin to what Ordinals did a year ago. Runes Protocol Continues to Drive Bitcoin Transaction Fees High Post Halving. Image: Decrypt Transaction fees on the Bitcoin network are currently soaring above $100 USD as investors rush
NFT & GameFi
On April 19, 2024, Japan's SBI Group announced plans to issue NFTs on the XRP Ledger, Ripple's public blockchain, at the upcoming World Expo 2025 event hosted in Japan. SBI Group to Launch NFTs on XRP Ledger for World Expo 2025 in Japan This new initiative
