A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate. Gas Monetization on #Fantom is live! ⛽ The program provides …
Fantom starts paying developers to generate gas fees Read More »
Transak announced it raised $20 million in a series A round led by CE Innovation Capital. The startup also attracted investments from SBI Ven Capital, Sygnum, and Woodstock Fund among other investors. An FCA-registered startup, Transak plans to use the funds to further development of onboarding solutions for Web3 and crypto. While venture capital funding …
Web3 payments firm Transak raises $20M in Series A round Read More »
Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s …
‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption Read More »
A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts. Origin Ether total value locked, May 9-30. Source: …
Yield farming app accumulates $12M TVL 2 weeks after launch Read More »
Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that will eventually allow users to back up and restore their private seed phrase. Due to concerns expressed about the security elements of Ledger Recover, the hardware wallet manufacturer decided to …
Ledger CEO says crypto key recovery service makes self-custody easier Read More »
An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes. The wallet received the 8,000 ETH after participating in Ethereum’s ICO (Initial Coin Offering) in 2015 and remained inactive until May 27. …
Another dormant Ethereum wallet reawakens after 8 years, moving millions Read More »
With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether. The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi) b) stablecoins c) Bitcoin …
Ethereum’s Shanghai upgrade made it easier to detect criminals Read More »
