Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token Support Is Coming to Eigenlayer Eigen Labs revealed it is set to release […] Source CryptoX Portal
MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. Related Reading MATIC Hits Two-Year Low Levels Over the past few months, MATIC has registered a steady decline from its one-year high of $1.27. Since July, the token’s price has retraced 20.5%, falling from the $0.55…
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024. Source
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market Listings and Megavault in Upcoming Chain Overhaul According to the announcement, the […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Eric Trump, the son of former President Trump and executive vice president of the Trump Organization, teased the coming project in an interview with the Post, but declined to share any specific details, saying only that the “moment everything is final and ready to go” the crypto project will be publicly announced. He hinted that the project could involve “digital real estate,” suggesting that people may be able to lend or borrow funds through it. Source
Dogecoin has certainly dipped quite far from its highest point so far this year. While this sideways movement and a recent correction have lingered on for quite some time, the price action is a reflection of the wider crypto market movement. However, DOGE continues to attract bullish opinions among traders. Its popularity and status as the largest meme coin continue to generate optimistic sentiment within the trading community. Crypto analyst Astronomer believes DOGE is still prime for a strong bull run on the technical side of things. According to Astronomer,…
In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of former President Donald Trump and current Vice President Kamala Harris. Coinshares’ analysis suggests that the outcome could significantly influence the regulatory landscape for digital assets. […] Original
Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community. Related Reading The new Sonic Labs is poised to continue Fantom’s legacy as four core proposals are now underway for the eventual release of the Sonic mainnet. If passed, the proposals will provide users and developers with a smooth transition to the Sonic network once D-day…
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, […] Source CryptoX Portal
TRUMP.FUN – Former President Donald Trump’s speech just a couple weeks ago at the Bitcoin Nashville conference now seems like a distant memory. Not only has he been overtaken by Vice President Kamala Harris as the frontrunner in this year’s U.S. presidential election – at least in the eyes of punters on the prediction-betting site Polymarket – but his name and family members are now regularly getting dragged into conversations about memecoins. It started last week when one of his sons, Eric Trump, tweeted that he has “fallen in love…