The Lorenzo protocol, which offers a liquid permutation protocol for Bitcoin, has announced the launch of its beta mainnet. 🚀 Users can connect their wallets to Lorenzo and select the Babylon Pre-launch staking plan. Once the desired staking amount is confirmed, the expected BTC transaction will be approved in approximately six blocks on the Bitcoin network.

Once verified, users will receive stBTC, which they can then transfer to the DeFi ecosystem on Bitlayer. Upon successful completion of transactions, users will have stBTC on Bitlayer, allowing them to interact with the Bitlayer DeFi ecosystem using their funds.

Along with the mainnet launch, Lorenzo announced the start of its pre-staking event for Babylon. This event aims to reward early participants with points for staking Lorenzo and transferring stBTC to Bitlayer. 🎉

Recently, Lorenzo Protocol strategically partnered with Bitlayer to enhance growth and engagement in both ecosystems. In addition, the project became part of the Mining Gala Bitlayer event, which offers a reward pool of more than $23.24 million.

In the world of cryptocurrencies, Toncoin, Notcoin and Ondo are making waves. Toncoin recently surged to $7 thanks to the anticipated Notcoin airdrop, attracting the attention of over 167,000 participants. However, despite the initial enthusiasm, there is a risk of price decline as early investors may sell assets for a profit.

Ondo Finance teams up with Zebec Network to create a cutting-edge instant payments system for global financial markets. This strategic partnership combines Ondo's new stablecoin, USDY, with Zebec's advanced payment technology, aiming to revolutionize payroll processes and improve liquidity management.

BlockDAG sets itself apart by integrating robust mining technology and insight-driven data leading to a more sustainable and transparent future for cryptocurrency. 🚀🌐

In the cryptocurrency world, GameFi tokens and XRP are gaining notable strength, but BlockDAG stands out for its innovative approach. GameFi tokens are taking advantage of Bitcoin's rally, attracting players and investors to platforms such as Immutable's Guild of Guardians, while XRP hints at a possible exit from the current consolidation. BlockDAG is introducing disruptive technologies through a strategic dashboard and powerful mining technology, defining the future contours of the blockchain landscape. 🚀📈

BlockDAG, with its innovations - control panel and sophisticated suite of mining products - is entering a new era of growth and inclusion. The dashboard serves as a strategic beacon for investors, providing a wealth of real-time data including transaction activity and investment ratings, building trust and driving deep investor engagement.

XRP is currently in a consolidation phase, which is reflected in the triangular pattern of its price chart, reflecting market uncertainty. Despite the recent lull, there is growing optimism about the future of XRP. Analysts are predicting a potential breakout that could push the XRP price to between $1 and $2.5.

While GameFi tokens harness the enthusiasm of the gaming community and XRP rides through market fluctuations with the potential for significant gains, BlockDAG's strategic development, from its user-centric control panel to its powerful mining technology, points to a promising future.

BNB price has broken through key resistance at $595, indicating a strong uptrend. At the same time, Litecoin dominates the digital payments space, accounting for over 40% of all BitPay transactions. 📈🚀

In this context, BlockDAG is turning heads, having raised an impressive $34 million in pre-sales. With the latest dashboard improvements, BlockDAG has significantly improved the user experience, raising standards in the cryptocurrency space.

BNB's strong momentum, breaking through the significant $595 barrier, reflects active buying beyond the previous triangle pattern.

Litecoin continues to lead the digital payments space, surpassing the transaction volumes of the next three cryptocurrencies combined.

BlockDAG stands out from other cryptocurrencies by raising $34 million in pre-sale. This increase in interest is largely due to recent updates, especially the dashboard overhaul, which has significantly improved user experience and transparency on the platform.

With these strategic improvements, BlockDAG not only strengthens its position in the market, but also creates the foundation for sustainable future growth. Market analysts are closely monitoring this trend, predicting a long-term price of $30 by 2030.

Covalent proposes to increase the maximum number of delegated CQT tokens by increasing the maximum multiplier for block operators to 34X, with a target share of ~20% of the total supply. This could increase to ~40% in the future. Approximately a month after the transition to Ethereum, Covalent has exceeded its previous total staking supply and now stands at 13.79% (~137M CQT), with a target of ~20% (~200M CQT) of the total supply for this phase of network development. 🚀🔐

Cryptocurrency playground BlockDAG has introduced a new feature - a gaming dashboard that allows users to manage their investments. This innovation is intended to attract attention to the BlockDAG network and stimulate investment in pre-sales. 🎮💰

Theta Network predicts the growth of its transaction token TFUEL, which plays a key role in blockchain processes. The TFUEL market is expected to grow as Theta Network expands and decentralized streaming services become more popular. 📈🌐

DogWiFhat's price has skyrocketed thanks to significant investment from large players known as 'whales'. This has sparked interest in the crypto community, but analysts have differing opinions: some believe the whale activity shows faith in DogWiFhat's potential, while others warn of the possibility of a short-term price increase. 🐳💸

BlockDAG, DogWiFhat and Theta Network all have unique advantages and perspectives. However, BlockDAG stands out thanks to its innovative dashboard and easy-to-use interface, making it an attractive option for potential investors.

Ethereum staking infrastructure SSV.Network presented its roadmap, which describes the future developments of the project. Over the next year, SSV Labs plans to gradually reduce hardware requirements by 75-90% using cryptography, consensus and network optimization. 🌐💻

SSV.Network began optimizing crypto this year, planning to make changes to the consensus in the third quarter, which would require a fork. The goal of the project is to allow the network to host over 200,000 validators while maintaining hardware requirements at the level of 4-core processors.

SSV.Network creates a coordination-free DVT permission network allowing people to launch an operator and register a validator without external coordination. In the second half of the year, the project identified key bottlenecks and possible improvement paths to help expand network scale while maintaining an entry threshold of 4 cores per operator.

Over the next 12 months, SSV.Network plans to exceed the 50,000 validators mark. The implemented solutions are expected to support this growth without increasing the barrier to entry by requiring expensive equipment.

Recently SSV.Network shared its achievements, highlighting the network's growth over the past few months. The network now has almost 500 operators and more than 21,000 validators. Additionally, the project recorded a total of 678,000 staked ETH, which equates to over $2.7 billion in total value locked (TVL).

Decentralized exchange PancakeSwap has announced plans to launch an Initial Farm Offering (IFO) for the decentralized stablecoin Lista DAO on its platform. Voting on the proposal has begun and is scheduled for 12:00 UTC on May 28, 2024 and will last 72 hours.

The sale of IFO is scheduled for June 2024 to meet the requirements of other participants taking part in the launch of LISTA IFO. The projected fundraising volume is $100,000 in CAKE tokens. The offering includes the sale of 5 million LISTA tokens, equivalent to 0.5% of the total LISTA token supply, with each LISTA token valued at $0.02.

To participate in the IFO, users are encouraged to set the Pancake Squad NFT as their profile avatar or maintain a balance of over 1,500 points. Those interested can purchase the Pancake Squad NFT to access the IFO private sale.

The public sale will be $90,000, equivalent to 90% of the total sale, and will be exclusively for veCAKE owners.

Lista DAO is an accessible liquidity protocol that allows users to earn income from collateralized cryptocurrency assets such as BNB, ETH, stablecoins and others. It also offers the ability to borrow on its decentralized stablecoin, lisUSD.

On June 12, Telegram launches its internal cryptocurrency Telegram Stars. This is a step towards improving the user experience within the Telegram ecosystem. 🚀

The decision is driven by the desire to overcome the restrictions of the App Store and Google Play, which previously prevented direct user interaction with Telegram. The introduction of an in-app purchasing system will ensure a smooth and legitimate experience for Telegram's large user base.

Telegram Stars will be used to transact digital products and services inside Telegram bots and mini-programs. Users will be able to easily purchase Stars through Apple and Google payment systems.

One of the main benefits of Telegram Stars is its integration with Toncoin (TON), the native cryptocurrency of The Open Network (TON) blockchain. This will allow developers in the Telegram ecosystem to manage their income more effectively.

The introduction of Telegram Stars has already caused waves in the cryptocurrency space, most notably impacting the trajectory of Toncoin. The market reaction to Telegram's entry into the world of virtual currencies was reflected in a significant increase in the price of Toncoin.

Contrary to concerns about a possible violation of App Store standards, Telegram has assured users that they will be able to purchase Stars through Google Play and the App Store, although this may incur a 30% commission. At the same time, developers will be able to easily receive their profits in the form of tokens (TON), which is a more affordable option than traditional payment methods.

Despite possible difficulties, the launch of Telegram Stars opens up new opportunities. The introduction of Toncoin into the Telegram ecosystem can help create a strong and independent economy that will benefit developers and content creators.

Telegram has the potential to create mass adoption of cryptocurrencies by educating a large audience, many of whom may not know the intricacies of the crypto world. The ease of purchasing and using Telegram Stars within a well-known instant messenger program could significantly lower the barrier to entry for everyday consumers, leading to global acceptance and understanding of cryptocurrencies. 🌐

Cryptocurrency exchange Bitget has announced plans to list RUNES·X·BITCOIN (X) in the Innovation Zone and RUNES Zone. The deposit channel is now open, trading will begin at 10:00 UTC on May 30, and withdrawals will be available from 11:00 UTC on May 31.

Token X is a memecoin created on the Bitcoin blockchain using the runes protocol. Bitget will also introduce the X token on its stake-to-mine platform, PoolX, allowing users to stake ORDI to receive X tokens.

Bitget will also hold a 121,000,000 X Token draw where 1,000 randomly selected qualified users will receive 121,000 X Tokens.

RUNES·X·BITCOIN was launched on the Rune Genesis block on April 20, with a total supply of 210 billion tokens, all of which are airdropped. Token X operates on a decentralized and community-oriented model.

Cryptocurrency service provider Matrixport notes a slowdown in DeFi, but after a short period of consolidation, the total value locked (TVL) has risen again to $108 billion. This is the highest level since the Terra/Luna collapse in May 2022.

Additionally, Matrixport notes that Ethereum-traded funds are unlikely to offer staking capabilities, which has led to a $17 billion increase in TVL over the past week. Among them, the Lido liquid staking protocol showed the greatest growth.

DeFi dominance, which measures the share of DeFi token capitalization relative to the total cryptocurrency market capitalization, fell to 3.63% after decentralized cryptocurrency exchange Uniswap received a warning from the Securities and Exchange Commission (SEC).

However, despite this, DeFi has experienced an upswing, with Uniswap trading volume increasing by 82.59% in the last 24 hours, reaching $1.39 billion. 💹

The price of ETH has also increased slightly over the past 7 days, reflecting a rise of over 25.71%.

May 27, 2024, Bermuda. HashKey Global announced the launch of LaunchPool and the first Polyhedra Network (ZK) project with the opportunity to earn money on bets. The goal is to create a new model of trade and participation, increase user engagement and loyalty, and provide a platform for the promotion and development of new projects. 🚀

The LaunchPool HashKey Global platform offers users an alternative cryptocurrency betting solution. Users can deposit their existing cryptocurrencies into the pool and redeem tokens at any time, flexibly adjusting their investment strategy according to changes in the market. 💰

Recently, Ethereum assets have gained additional recognition in the market, with significant progress also being seen in Ethereum Layer 2 networks such as Taiko, zkSync, Scroll and others. LaunchPool HashKey Global's first project, Polyhedra Network (ZK), is based on a zero-knowledge interoperability protocol. It offers users approximately 325,000 ZK tokens, worth approximately 500,000 USDT, as rewards. The event will last from May 30 to June 4, 2024.

The Degen Chain (DEGEN) project is launching a new feature called RainDrops, allowing users of the social network Farcaster to send DEGEN tokens to those who reply to their message. 🚀 Farcaster is a decentralized social platform that allows users to manage their data and developers to create applications without the need for authorization.

To use the new feature, Farcaster users can transfer DEGEN tokens to base:0x14d2f413691Bc20cD9E7d87e2a88884E45e4Ab9d. They then create a message by specifying the number of tokens in the text. Users who reply to the message receive rewards that can be collected at the end of the month. 🎁

DEGEN is a token originally launched as an ERC-20 equivalent on Base, but has now been ported to Degen Chain. Degen Chain is a layer 3 blockchain built on Ethereum and using the Arbitrum Orbit stack. It aims to experiment with tipping, community rewards, payments, games and other features.

Degen Chain recently announced plans to update its algorithm, moving to using social graph data in addition to engagement data. The update is scheduled for May 28th.

The lending protocol in the Sui ecosystem, Scallop, has announced plans for updates. Scallop will temporarily suspend Scallop Swap to resolve issues related to Remote Procedure Call (RPC) and Swap Router with partners. The resumption of Scallop Swap will be announced later.🔄

Scallop also announced changes to its pool parameters. The liquidation threshold will be increased from 80% to 65%, and the collateral weight will be reduced from 50% to 45%.

Scallop operates as a P2P money market in the Sui ecosystem and is a decentralized financial system (DeFi) protocol supported by the Sui Foundation. The total amount of blocked Scallop funds is $135 million.💰

In April, the project underwent a number of updates, including increasing protocol parameters for various collateral asset pools. Scallop recently announced the achievement of several important milestones, including exceeding $25 billion in total lending and borrowing volume, and exceeding $2 billion in instant loans.

On May 26, 2024, the Bitcoin Layer2 BEVM development team presented a white paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.” 📜 The paper details the implementation of Taproot Consensus, which uses Bitcoin technologies such as Schnorr signatures, MAST and Bitcoin SPV nodes to create a fully decentralized BTC Layer2 solution.

BEVM's Taproot Consensus solution builds on these advances by combining Schnorr and MAST signatures to manage multi-signature addresses and enable complex business scenarios in Bitcoin Layer2. 🚀

The BEVM system uses each validator to contain a BTC private key for Schnorr signatures. The aggregated public key forms a MAST tree, allowing BTC transfers and writing to a signature address with a threshold value. Validators act as Bitcoin SPV light nodes, synchronizing the state of the BTC network securely and without permissions.

BEVM is the first fully decentralized Bitcoin Layer 2 solution compatible with EVM. It allows DApps of the Ethereum ecosystem to run on Bitcoin using BTC as gas. BEVM improves the functionality of Bitcoin by providing a secure and scalable platform for decentralized applications.

Crypto analyst Daniel Yang predicts that once the Ethereum ETF is approved, a Solana ETF may be approved instead of the expected Ripple XRP ETF. This is due to the ongoing litigation between the SEC and Ripple. Regardless of the outcome, ETFSwap (ETFS) remains a winner as the Solana and XRP ETFs will have a positive impact on the crypto token ecosystem. 📈💰

Yang claims Solana will be “next in line” if an Ethereum ETF gets approval. He believes that investing in Solana is more profitable than in Ethereum, given that the rate of this crypto token has already increased significantly.

Meanwhile, a Solana ETF looks likely given the recent hype around the crypto token ecosystem. On the other hand, Ripple has not had such a successful run, which explains the low expectations for this crypto token and possible XRP ETF.

ETFSwap will see an influx of users if it eventually launches an ETF on Solana or Ripple's XRP. This decentralized finance platform is already a top choice for those looking to trade ETFs on the blockchain.

ETFSwap is considered a better option than its traditional counterparts as the integration of blockchain technology makes investing in this asset class safer and more transparent. Users can carry out their trades at any time of the day, as opposed to waiting for trading hours when using brokers.

Finally, ETFSwap is also offering a vital opportunity with the ongoing pre-sale of its native ETFS token. Experts predict its price could rise to $20, meaning investors in this round could see a return of 20,000 times their initial investment.

Marine Moguls launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project is offering $2.9 million in prizes tied to over 25% of the tokens, giving $MOGUL holders the opportunity to win prizes including 100,000 USDT and 50,000 USDT, as well as staking rewards. 🚀💰

"Marine Moguls" is not just a token and NFT launch, it is an innovative ecosystem that rewards $MOGUL holders with prizes and benefits. All 10,000 "Marine Moguls" NFTs parody traditional finance while adopting a decentralized blockchain.

The innovative ERC-404 protocol is a hybrid of fungible and non-fangible tokens. It provides token holders fractional ownership of NFTs and NFT holders instant liquidity 24/7.

The launch of "Marine Moguls" on the BNB Chain ERC-404 protocol represents a significant milestone in the blockchain and NFT landscape. "Marine Moguls" invites everyone to explore this new frontier of NFTs, where liquidity meets scarcity and community rewards reach new heights.

In 2024, the cryptocurrency world is going through significant changes. Solana, once a leader, has faced problems including network congestion and falling costs. Binance Coin is experiencing moderate fluctuations, analysts predict a sideways trend. 📉📊

While BlockDAG Network stands out for its advanced user dashboard, seamless transaction management, and low-code platform that allows users to easily create and deploy blockchain assets. This makes BlockDAG a strong player in the evolving cryptocurrency landscape.

BNB is currently trading at $580. This price action suggests that while there is some bullish sentiment, significant gains may not be immediate without stronger market support.

The new BlockDAG dashboard presents users with a vibrant interface where they can immediately access “Hot News,” track their current rankings, and see the required purchase amounts to advance through five competitive ranks from FISH to WHALE.

BlockDAG democratizes blockchain development with its low-code platform, allowing even those with minimal coding skills to create and deploy assets such as meme coins and NFTs.

Join the BlockDAG presale now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu

San Francisco, USA, May 24, 2024. Caldera's Rollup-as-a-Service platform is launching Guardian Nodes, a production-ready node system that allows network users to validate rollup blocks for a fee. 🚀

HYCHAIN, the first team to use this system with Caldera, made $8 million on their first node sale. Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently powers more than 50 rollup EVMs, securing approximately $1 billion in total locked value.

Guardian Nodes are the newest addition to this list. 🎉

Today, most L1 blockchains operate on a proof-of-stake model, where chain participants are incentivized by network rewards to submit their stake and validate the chain.

Caldera's Guardian Nodes allow teams to decentralize their rollup, allowing users to validate blocks and secure the network in exchange for rewards.

HYCHAIN, the first team to use this system, raised over $8 million in 2 weeks, completely energizing their community and generating significant income for their project.

Guardians Nodes is another success in Caldera's infrastructure solution. With the success of HYCHAIN's launch, it is expected that more rollup teams will use this innovative product in the coming months.

Decentralized exchange (DEX) Biswap (BSW) has unveiled its new strategic roadmap. The main directions include multi-chain expansion, the introduction of liquid staking and new ecosystem projects, the development of investment tools for cryptocurrency owners, the implementation of a revenue distribution system and the improvement of trading tools. 🚀🌐

Biswap plans to support the Ethereum, Base and Arbitrum networks. This solution is based on the security of Ethereum, the scalability of Base and the optimized capabilities of Arbitrum. The exchange will also introduce a liquid staking feature, allowing users to stake tokens while maintaining liquidity. 💰💹

In addition, Biswap plans to introduce a revenue sharing model aimed at reducing pressure on BSW tokens and rewarding users. The platform is also working on developing advanced trading tools that will help users implement various trading strategies with greater efficiency. 📈🔧

Biswap recently announced plans to move to deflationary mechanics. The exchange will disable the referral program, cashback for NFT owners, commission refunds and V2 farms. In addition, it will reduce the issuance of tokens from 11 to 1 BSW per block. This is aimed at combating inflation, as the continuous distribution of tokens negatively impacts the price of BSW and affects long-term holders. These changes will take effect on May 24.