Day: June 5, 2024

Solana Sets Record with Massive Token Launches

Last month, the Solana blockchain witnessed an unprecedented surge in token launches, setting a new record for the platform. Nearly half a million tokens were launched on Solana in May, significantly surpassing the activity on other major platforms like the Ethereum layer 2 network, Base. Specifically, Solana saw the creation of 455,000 tokens, more than […]

Thailand Launches Its First Bitcoin ETF

Thailand is set to introduce its first spot Bitcoin exchange-traded fund (ETF), marking a significant step forward in the nation’s embrace of regulated Bitcoin investment vehicles. The Thai Securities and Exchange Commission (SEC) has approved asset manager One Asset Management (ONEAM) to launch the ONE Bitcoin ETF Fund, as reported by the Bangkok Post. This […]

Linea Network Pauses Amid $7M Exploit

In a swift move to mitigate damage, the Layer 2 network Linea temporarily halted transactions for an hour on Sunday. This decision came after a significant security breach involving Velocore, a protocol on the chain, which suffered a $7 million exploit. Linea’s prompt intervention likely curbed further financial losses stemming from the exploit. However, the […]

Ark Labs Aims to Outshine Lightning with New Bitcoin Payments System

The Bitcoin community is poised for an exciting development as the team behind the layer-2 protocol, Ark, launches a new venture, Ark Labs. This innovative company is set to create a faster and more cost-effective payments system on the world’s largest blockchain, positioning itself as a formidable alternative to the existing Lightning Network. Ark Labs […]

StarkWare to Boost Bitcoin with $1M R&D Fund

StarkWare, the trailblazer behind the renowned Ethereum layer-2 solutions StarkNet and StarkEx, has unveiled an ambitious initiative to amplify Bitcoin’s capabilities using zero-knowledge rollups. In a significant move to advance this goal, the Israeli-based company announced a $1 million research and development fund on Tuesday. Eli Ben-Sasson, CEO and co-founder of StarkWare, expressed his vision […]