Tech
Showing growth in key metrics such as TVL, transaction volume, and new wallets, NEAR also has three applications that are responsible for 72% of its total value locked.
Ethereum
The solution to Ethereum’s validators slashing penalties could lie in cross-validation, according to a proposal from core developer Péter Szilágyi.
More onchain activity means more ether gas spent and a higher asset price, says VanEck’s head of digital assets research Matthew Sigel.
Bitcoin
The largest cryptocurrency by market cap has dropped about nearly 9% from around $67,700 at the start of June to roughly $61,700 at presstime.
DeFi
The allocation from Blast, the layer 2 with an airdrop scheduled on Wednesday, to Blur is currently valued at $90 million. Both protocols were founded by Tieshun ‘Pacman’ Roquerre.
Even though some industry leaders say that the airdrop meta is over, there’s clearly still a lot of interest.
Fears over Mt. Gox disbursements, significant outflows from spot ETFs and miner selling sent the price of bitcoin lower.
The total value of tokenized treasury product tokens has reached $1.72 billion, more than twice the $778 million figure at the year’s start.
The average gas fees on the Ethereum mainnet dropped under three gwei as transactions across the layer 1 and layer 2 protocols are at an all-time high.
Crypto portfolio manager CoinStats confirmed that a security incident had impacted some wallets, despite claiming to have “military-grade encryption.”
