ETH Layer 2 Mantle Renames Liquid Staking Protocol To mETH
ETH Layer 2 Mantle has rebranded its liquid staking protocol to mETH, introducing $cmETH and $COOK. Since its launch, more than 500K ETH have been staked. Eth Layer 2 Mantle has rebranded its liquid staking protocol from Mantle LSP to mETH Protocol. This is in response to the protocol’s enhanced market position, which has been […]
Binance Labs Invests in Bitcoin Yield Network Corn
Binance Labs announced today that it has made a major investment in Corn, a network focused on generating Bitcoin yield. Binance Labs, Binance’s venture capital and incubation arm, has once again made headlines with its investment in the Bitcoin yield-generating network Corn. The crypto exchange officially announced the investment today, although the specific amount invested […]
Bitcoin Mining Costs Surge 168% Amid Capacity Growth
The rise is due to higher costs and the April 2024 Bitcoin halving, which increased Bitcoin mining difficulty and reduced rewards. BitFuFu, a cloud mining company associated with Bitmain, has released an unreviewed financial and operational report detailing its results for the second quarter of 2024, which ended on June 30. The findings indicate that […]
Voxies (VOXEL) Soars 75% on Binance Futures Listing
The new futures contracts, offering up to 50x leverage, drove Voxies’ price up by 75% to $0.2446. Binance, one of the most prominent cryptocurrency exchanges in the world, made big news today about Voxies (VOXEL), the native utility token of Voxie Tactics. The cryptocurrency exchange has now made futures trading for the coin available, according […]
Ledn Secures $50M Bitcoin-backed Syndicated Loan
Ledn, a digital lending platform, announced the successful acquisition of the industry’s first $50 million syndicated loan backed by Bitcoin. Sygnum, a global digital asset banking corporation with $4.5 billion in client assets, syndicates the Bitcoin (BTC) backed loan. The loan marks an industry first and will “fund the growth of Ledn’s retail lending operations,” […]