Author: Emma Davis

Article written by Emma Davis

HOT Labs Surpasses 1 Million Users on Omni Balance as Chain Abstraction Demand Grows

May 14, 2025 2 mins read

Blockchain developer HOT Labs has announced that it has exceeded one million active users on its Omni Balance platform. The milestone highlights the growing market preference for Chain Abstraction technology that presents a viable decentralized trading solution. Developed by HOT Labs, Omni Balance operates as a unified smart contract on the NEAR blockchain, storing user balances across multiple blockchains and enabling seamless digital asset management. Users can effortlessly execute cross-chain

DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital to Launch Dogecoin App Layer

May 8, 2025 3 mins read

DogeOS, the App Layer for the Dogecoin ecosystem, today announced the successful closing of a $6.9 million funding round led by Polychain Capital. This capital infusion will fuel the expansion of DogeOS, an application layer built on Dogecoin, designed to empower developers to build a wide range of consumer apps—from gaming to artificial intelligence—while strengthening the Doge network state and advancing Dogecoin as the people’s currency. Doge is the original

Ethereum completes its long-awaited Pectra upgrade on the mainnet

May 7, 2025 2 mins read

Ethereum has successfully implemented its significant Pectra upgrade on the mainnet, marking its most substantial enhancement since the Merge and Dencun. This upgrade, which took effect at epoch 364032 on May 7, 2023, at 6:00 a.m. ET, introduces a comprehensive set of Ethereum Improvement Proposals (EIPs) aimed at improving staking efficiency, wallet usability, and layer 2 scalability. It also lays essential groundwork for Ethereum’s long-term scaling strategy. The deployment of

Solana still dominates blockchain revenue, contributing over 70%

April 23, 2025 0 mins read

Solana, a prominent blockchain platform, has recently experienced a significant decline in memecoin activity, with traffic plummeting by over 80%. Despite this downturn in the memecoin sector, the network’s decentralized applications (dApps) have managed to maintain a strong presence, generating the majority of the blockchain’s revenue. Data from March indicates that Solana’s dApps accounted for 46% of total earnings across all blockchains, and recent reports suggest that they still represent

Kraken exchange introduces FX perpetual futures

April 21, 2025 2 mins read

Kraken exchange introduces FX perpetual futures Kraken has announced the launch of a new asset class called FX perpetual futures (FX perps), which will allow traders to engage with the largest financial markets directly through Kraken Derivatives. The initial offerings include EUR/USD and GBP/USD pairs, both available with a leverage of up to 20x, with plans to introduce more forex pairs in the near future. According to the exchange, this

Kraken exchange now supports equities trading

April 15, 2025 1 min read

Kraken, a cryptocurrency exchange based in San Francisco, has recently introduced U.S. equities trading on its mobile and web platforms. This new feature allows U.S. customers to manage their crypto, stocks, and Wall Street funds all from one account, similar to what brokerages like Robinhood offer. This expansion is made possible through a partnership with Alpaca, a licensed broker-dealer. Customers can now trade over 11,000 stocks and exchange-traded funds (ETFs)

Teucrium files for an inverse XRP ETF

April 10, 2025 1 min read

Teucrium launched the first US-leveraged XRP ETF, the 2x Long Daily XRP ETF, on April 8. The ETF, trading under the ticker XXRP, had an impressive start, with around $5 million in trading volume on its first day. This performance places it among the top 5% of new ETF launches, according to Bloomberg analyst Eric Balchunas. The fund’s debut was significantly stronger than that of the Volatility Shares’ 2x Solana

PEPE Had Its Moment—Is Dragoin ($DDGN) at $0.0000292 the Next 100x Rocket Before You Blink?

April 9, 2025 4 mins read

The meme coin arena is vibrant yet again, but this time it’s more than just animal themes dominating the space. Welcome, Dragoin ($DDGN), a mythical new player that infuses fantasy, entertainment, and utility into the cryptocurrency world. Unlike other coins that linger in idle speculation, Dragoin is carving out its niche with a dynamic presence: a meme coin enhanced by actual gameplay, a decreasing supply model, and a swiftly advancing

Dabba Network Partners With BONK to Bring Internet Connectivity to Underserved Communities

April 8, 2025 3 mins read

Dabba Network, a decentralized wireless infrastructure provider, today announced a strategic partnership with BONK, one of Solana’s most prominent community-driven projects. The collaboration will see 10,000 Dabba Lite hotspots reserved for the BONK community, with a portion of BONK tokens burned during the deployment and operation of each device. Combining DePIN Utility with Community Strength The partnership merges Dabba’s mission to expand internet connectivity in underserved areas with BONK’s broad community engagement. Through this

Bitcoin falls under $75k

April 7, 2025 1 min read

Bitcoin’s price recently dropped sharply from nearly $83,000 to below $75,000 in just a few hours. This sudden decline led to significant liquidations, erasing around $990 million in leveraged bets. Traders had taken high-risk positions, borrowing funds in anticipation of Bitcoin’s rise. However, the unexpected price fall caught many off guard. Before this crash, Bitcoin had been performing well, even outpacing major stock markets. Some investors viewed it as a

Over 230,000 Binance and Gemini user records leaked on the dark web

April 1, 2025 2 mins read

Recent reports indicate that over 230,000 user records from Binance and Gemini have appeared for sale on the dark web. This situation raises significant concerns about cyber threats in the cryptocurrency sector. The leaked information includes full names, email addresses, phone numbers, and location details. Most of the affected users are from the United States, with some from the UK and Singapore. On March 27, a dark web user named

Polymarket is under fire after a $7M market was allegedly rigged by UMA whales

March 28, 2025 2 mins read

Polymarket, a well-known prediction platform, is under fire for allegedly manipulating a $7 million market. This market was about whether Ukraine would agree to a mineral deal with Trump before April. It resolved as “Yes,” even though there was no official confirmation from either the U.S. or Ukraine. Users claim this is the biggest manipulation case in the platform’s history, accusing insiders of swaying the outcome. The market rules stated