Lens launches Lens Network and opens testnet, with social modular functions at its core
the social network graph protocol Lens announced the launch of a high-performance network Lens Network (Lens V3) with modular social functions and opened a test network. Lens Network is built on ZKsync, protected by Ethereum, and uses Avail to achieve data availability. The new features of Lens Network include: on-chain social, accounts, usernames, charts, feeds, and groups. Lens stated that the developer community of existing Lens applications is beginning to prepare to migrate to Lens Network.
The token unlocking period of Parallel's founding team is extended to 10 years and entrusted to an i
On November 12th, Echelon Prime Foundation, which supports the chain game Parallel, announced that although six months ago the founder of Parallel Studio decided to lock its tokens for a year and double the cashing schedule, the founding team and Echelon Prime Foundation have now decided to transfer all tokens to a new contract, launching a new 10-year cashing plan, granting them 10% equity annually over the next 10 years. These tokens will be managed by a professional institution based on the r
The whale who bought ETH low and sold it high and made a profit of 18.99 million US dollars recharge
A whale who has made a profit of 18.99 million US dollars by buying low and selling high on ETH since May 2023, recharged 3,200 ETH to Binance four hours ago, about 10.65 million US dollars. Over the past 10 months, the whale/institution has built up 46,600 ETH at an average price of $2,715 (about $127 million), of which 24,800 ETH has been recharged into the exchange at a recharge price of $3,359. If all sold, it will make a profit of 15.98 million US dollars. #crypto2023A
Split Capital proposes “BLUR Fee Conversion and veBLUR Token Economics”
On November 12th, Split Capital proposed the "BLUR Fee Conversion and veBLUR Token Economics" plan at the Blur Governance Forum. The proposal aims to add a framework to increase protocol fees and redirect the fees back into the locked-in BLUR (veBLUR) tokens. Currently, the Blur NFT market protocol has been implementing a 0% market fee while enforcing a 0.5% creator royalty. The proposal suggests eliminating the mandatory creator royalty and adding a 0.5% protocol fee to each transaction. It als
DWF Labs received 10.2 trillion LADYS from Symbiosis Portal, valued at $861,000
Onchain Lens has monitored that DWF Labs has received 1.02 trillion LADYS worth $861,000 from Symbiosis Portal. DWF Labs announced its investment in LADYS in June 2024 and has been trading LADYS for over a year. #BNB
Rooch Network Joins Cointelegraph Accelerator to Build Native Application Layer for Bitcoin Ecosyste
Rooch Network, a blockchain project focused on building an application layer for the Bitcoin ecosystem, has joined the Cointelegraph Accelerator program. While Bitcoin has primarily been used for transactions and investments, its lack of native smart contract functionality has hindered its potential in decentralized finance (DeFi). However, the Taproot upgrade in 2021 opened the door to DeFi in the Bitcoin ecosystem by bringing native smart contract capability to the network. Rooch Network is cr
Agora introduces AUSD stablecoin as native currency for Polygon's AggLayer network
Stablecoin company Agora has partnered with Polygon's AggLayer to introduce its AUSD stablecoin as the native currency for the crosschain settlement network. This will allow for multichain transactions via a stable, fiat-backed asset without the need for token bridges, simplifying and unifying liquidity for developers and end-users. The integration of AUSD on AggLayer will reduce transaction costs and streamline crosschain interactions for connected chains, while also providing a reliable store
BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum
Dealers have reportedly purchased BTC options at $90,000 and $100,000 strikes on Deribit, as per Amberdata. The cryptocurrency's rally could lose momentum if it reaches those levels. Despite bitcoin's ongoing surge, there is a possibility that it may be rangebound above $90,000 due to a potential force that could slow its ascent. #binancepizza
BTC Options at $90K and $100K Sold to Dealers, Threatening Bitcoin's Bullish Momentum
BTC options with strikes at $90,000 and $100,000 have been sold to dealers on Deribit, as reported by Amberdata. The rally may face obstacles if prices reach those levels, potentially causing the cryptocurrency to remain rangebound above $90,000. Despite bitcoin's ongoing surge, there is a possibility that its bullish momentum may be slowing down. The ETH/BTC ratio has also slid to its lowest point since April 2021. #ETH
Binance has seen net inflows of $1 billion for two consecutive weeks, with net inflows exceeding $5
On November 11th, according to DeFiLlama data, Binance has had net inflows of $1 billion for two consecutive weeks, bringing November's net inflows to over $5 billion, which is five times the net inflows of the second largest platform. This significant growth highlights Binance's position as the preferred trading platform in the face of increased market demand and user interest in cryptocurrency assets. In addition, on November 6th, Binance App had over 13 million daily visits, echoing the incre
Espresso Launches Confirmation Layer for Cross-Chain Transactions
Espresso, a blockchain project that coordinates cross-chain transactions, has announced the launch of its confirmation layer. This layer will facilitate composability among rollups, enabling two networks to read and trust each other's transaction data. Rollups are auxiliary networks that provide faster and cheaper transactions. Espresso's confirmation layer offers benefits such as faster bridging of assets, decentralizing the sequencer, and providing a low-cost way for networks to store transact
StakeStone Completes $22 Million Financing, Led by Polychain Capital
Ethereum liquidity collateral protocol StakeStone announced the completion of a $22 million financing round, led by Polychain Capital. This financing round includes strategic investments from Binance Labs and OKX Ventures, seed round financing led by SevenX, and participation from Nomad Capital, HashKey Capital, and others. #BNB
Bitcoin Could Hit $1 Million, But a Debt Crisis Could Wreck All Assets, Warns Trader Michaël van de
Bitcoin has entered a bull market and could potentially reach $1 million per coin in the next few years, according to trader and investor Michaël van de Poppe. However, he warned that this price increase could coincide with a broader debt crisis that could negatively impact the price of all assets in the short term. Van de Poppe also discussed the impact of a Donald Trump presidency on Bitcoin, stating that while his approach to regulation could be beneficial in the short term, the mid-term impa
Uptober Emerges with Increased Stablecoin Liquidity and Bitcoin Transactions
CoinDesk's daily newsletter, First Mover, reports on the latest developments in the crypto market. The current market trends show an increase in stablecoin liquidity and Bitcoin transactions, leading to the formation of "Uptober." Ether ETFs have seen the biggest outflows since July, while Bitcoin has broken the $64K mark and gold prices soar. The ETH/BTC ratio has dropped to its lowest point since April 2021, raising questions about Bitcoin's bullish momentum. The CoinDesk 20 Index currently st
U.S. stocks open slightly higher as Tesla and cryptocurrency sectors surge
the US stock market opened slightly higher, with the Dow up 0.51%, the Nasdaq up 0.36%, and the S&P 500 up 0.30%. Tesla rose nearly 8%, with the stock surging 29% last week and its market value returning to over $1 trillion. Wedbush raised its target price for Tesla from $300 to $400. Bitcoin broke through $82,000 for the first time in history, and cryptocurrency concept stocks surged. Bit Digital rose more than 17%, Canaan Technology and MARA Holdings rose more than 15%, and Riot Platforms and
BTC breaks through $84,000, setting a new all-time high
according to market conditions, BTC has broken through $84,000 and is now trading at $84,033.98, setting a new historical high with a 24-hour increase of 5.62%. The market is volatile, so please be prepared for risk control. #opbnb
Agency: The US economy is strong and the dollar is expected to rise further
analysts at Brown Brothers Harriman Bank wrote that the US dollar is strengthening and may continue to rise. "Although the US election results have intensified this movement... strong US fundamentals continue to benefit US Treasury yields and the US dollar's rise." The US bond market was closed on Monday for Veterans Day, but yields have been rising in recent weeks as the market prepares for stubborn inflation in the context of strong growth. The US October CPI will be released on Wednesday, and
Bitcoin Price Surges to $84,000 as Bulls Continue Price Discovery
Bitcoin (BTC) continued its upward momentum on November 11, with daily gains of 4.5% and a price knocking on the door of $85,000. The cryptocurrency has seen a nearly 25% increase in the past seven days, with no signs of a major retracement or consolidation. Market participants betting on a major BTC price capitulation have been adding shorts for the market to liquidate, but analysts remain bullish on BTC, with some predicting a path to $200,000 and more. Business intelligence firm MicroStrategy
Bitcoin Reaches New All-Time Highs Following Trump's Victory in 2024 Presidential Election: A Look B
Bitcoin has reached new all-time highs after President-elect Donald Trump's victory in the 2024 US presidential election. Trump's campaign supported the cryptocurrency sector, which differs from the previous administration. Cointelegraph examines the performance of the top 10 cryptocurrencies during Trump's previous term, with Bitcoin rebounding to over $82,000 and introducing new features like hosting digital trinkets. While Tether provides regular attestations, doubts remain about the solidity