Global

MoonPay has intensified its efforts in catering to brands seeking enhanced digital experiences, as announced on May 28. The company is rolling out a dedicated platform aimed at providing Web3 tools for digital engagement.

Polygon Labs, the entity behind the Ethereum-linked blockchain network Polygon, is intensifying its focus on zero-knowledge (ZK) solutions through a significant organizational change.

LayerZero, a cross-chain interoperability protocol, is preparing for its first token airdrop, sparking debate over its strategy to combat token farmers. The central issue is LayerZero's "anti-Sybil strategy." Sybil attacks involve creating multiple wallets to exploit airdrops, inflating the protocol's apparent popularity without adding long-term value.

The price of Ripple (XRP) may face a delay before experiencing a breakout and a significant increase. This is due to investors' hesitation to hold onto their investments for potential gains, opting instead to sell.

In the final days of May, Bitcoin (BTC) has kept investors and traders on edge. After reaching a new all-time high of nearly $73,000 in March, it subsequently fell sharply, dipping below $57,000 at one point. Recently, Bitcoin seemed ready to aim for new records again.

K9 Finance DAO (KNINE), introduced as a win-win token on March 7, 2024, serves as the official liquid staking solution on the Shiba Inu and Shibarium blockchain.

Santiment, a market intelligence platform that provides on-chain and social metrics, has identified a growing bullish sentiment among most major cryptocurrencies. Bitcoin and Ethereum are showing signs of approaching their all-time highs (ATH), and large-volume investors, known as whales, are exhibiting market behaviors that align with this positive outlook.

Cryptocurrency trading platform HTX, previously known as Huobi, has surpassed the U.S.-based exchange Coinbase in spot trading volumes.

Bithumb, the second largest cryptocurrency exchange in South Korea, has revealed the addition of new trading pairs for Arweave (AR) and Ethereum Name Service (ENS) with the Korean won (KRW).

CryptoniteUAE is proud to announce its second consecutive year as a media partner for Consensus 2024, the premier event for the cryptocurrency and blockchain industry. Taking place May 29th to 31st in Austin, Texas, Consensus 2024 promises to be a landmark gathering of the industry's brightest minds and most influential figures.

Consensus 2024 promises to be a landmark event in the ever-evolving world of cryptocurrency and blockchain technology. This year's iteration, hosted by CoinDesk in Austin, Texas, brings together a stellar lineup of speakers and promises to be a hotbed of innovation, debate, and exploration of the future of Web3.

Nick van Eck, CEO of the stablecoin issuer Agora, recently commented on “yield-bearing stablecoins,” stating they are “not money or stablecoins.” He clarified that stablecoin issuers offering passive income deviate from the core purpose of stablecoins.