Day: 22 April 2024

EigenLayer, a leading restaking protocol on Ethereum, is potentially facing a yield crisis due to its rapid growth, according to industry observers. The experts claimed that the protocol's current Total Value Locked (TVL) expansion may be outpacing its Actively Validated Services (AVS) needs, potentially leading to a significant reduction in ...

Manchester City has teamed up with cryptocurrency exchange OKX to launch "Unseen City Shirts," a new collection of non-fungible tokens (NFTs) designed to deepen the club's engagement with its fans.  These NFTs are free-to-mint and available on the OKX app. They come in three rarity levels: common, rare, and ultra-rare. ...

Taiwan-based centralized crypto exchange Woo X has launched its first Real World Assets (RWA) on the Woo Earn platform. The exchange announced this on Monday, April 22, lauding itself as the first CEX to introduce a 'top-tier investment product' to attract significant capital from the traditional financial markets into the ...

Tokens associated with Bitcoin Layer 2 solutions have outperformed Bitcoin (BTC) since the blockchain's recent mining reward halving event on April 20, 2024. According to CoinGecko, following the event, STX, the native token of the Stacks network, surged nearly 20% to $2.87, while Bitcoin saw a modest 4.7% increase to ...

Switzerland is witnessing a resurgence in efforts by Bitcoin proponents to persuade the Swiss National Bank (SNB) to add Bitcoin (BTC) to its reserves. Led by 2B4CH, a non-profit think tank, the initiative seeks to amend the Swiss Federal Constitution to allow the SNB to hold Bitcoin alongside traditional assets. ...