LayerZero Labs Unveils Plans for Token Launch in H1 2024
The blockchain infrastructure company LayerZero Labs, situated in Vancouver, has announced that it will introduce its native cryptocurrency during the first half of 2024. The business responded to the worries expressed by the cryptocurrency community on the lack of transparency regarding the impending token launch in a post on X. “We’ll state now in no […]
YieldMax Launches New ETF Based on MicroStrategy’s Bitcoin Exposure
YieldMax, a company specializing in exchange-traded funds, has filed for a new ETF that focuses on derivatives of MicroStrategy, a company with massive Bitcoin holdings. The ETF aims to provide monthly income to investors with a balanced risk strategy. The ETF, named Option Income Strategy ETF and set to debut in 2024, will trade under […]
India Hints at Vetoing Pakistan’s BRICS Membership Bid
India has expressed its reservations about Pakistan’s aspiration to join the BRICS group of emerging economies, citing the lack of consensus and the historic rivalry between the two countries. India has recently articulated its stance regarding Pakistan’s aspiration to join the BRICS (Brazil, Russia, India, China, South Africa) alliance, a group of major emerging economies […]
Jito’s $225 Million Airdrop Sparks Mixed Reactions
Jito, a liquid staking and MEV protocol on Solana launched its first token airdrop on Thursday, giving away $225 million worth of JTO tokens to eligible recipients. The airdrop was met with mixed reactions, as the token price fluctuated wildly, and the website faced a DDoS attack. Jito, a decentralized finance (DeFi) platform operating on […]
Cardano Breaks into Top 10 TVL with $337 Million Spike
Cardano (ADA) has seen a massive increase in its total value locked (TVL), reaching over $300 million for the first time in 21 months and ranking among the top 10 protocols. Cardano has witnessed a remarkable surge in its total value locked (TVL), which measures the amount of assets committed to the network’s smart contracts. […]