Ethereum

Ethereum developers are gearing up to launch the Pectra fork, a crucial update designed to enhance Layer 2 scaling and network performance. Central to this upgrade is EIP-7742, which aims to optimize blob-carrying transactions by setting dynamic gas targets. These improvements will unlock cheaper transactions and better scalability for Ethereum’s expanding ecosystem.   Quick Take  EIP-7742, a new Ethereum Improvement Proposal (EIP), enables dynamic gas targeting for blob-carrying transactions. It allows the consensus layer to set flexible gas limits, improving the efficiency of Layer 2 transactions. Ethereum’s co-founder, Vitalik Buterin, envisions 100,000 transactions per second (TPS) by combining Layer 2 scaling solutions with Ethereum’s rollup-centric roadmap. Layer 2 networks are becoming dominant, with recent revenue reports showing a 10:90 split between Ethereum’s mainnet and its Layer 2s. This shift has raised concerns about Ethereum’s future revenue streams. In addition to EIP-7742, EIP-3074 will introduce social recovery mechanisms to safeguard users from lost private keys. New invoker contracts will allow users to delegate asset control and transaction fees. What Are Blobs, and Why Are They Important? Blobs, introduced through Ethereum’s Dencun upgrade in March 2024, are large, temporary chunks of data embedded in transactions. Their primary purpose is to make Layer 2 transactions more cost-efficient by offloading data storage from Ethereum’s main blockchain. Instead of permanently recording every transaction detail on Layer 1, blobs allow temporary storage of transaction data, reducing congestion and lowering fees. This approach supports Ethereum’s scaling strategy by enabling rollups and other Layer 2 solutions to process data off-chain while still securing transactions through the mainnet.   However, the current blob limit has become a bottleneck. The number of blobs that can be processed simultaneously is approaching its maximum capacity, threatening Ethereum’s ability to scale efficiently. Without an update, this limitation could stall network performance and drive up gas fees, undermining the benefits of Layer 2 scaling solutions.   To address this, Ethereum developers proposed EIP-7742, which introduces a new mechanism for managing blob gas targets. Under this proposal, the gas target and maximum limits for blobs will adjust dynamically based on network conditions. This flexibility prevents bottlenecks caused by rigid gas limits and ensures that Layer 2 transactions remain cost-effective, even as demand grows. By allowing the consensus layer to set these values dynamically, EIP-7742 paves the way for smoother network operation and future scalability improvements.   This update is a crucial step in Ethereum’s long-term roadmap, as it enhances the platform’s ability to accommodate higher transaction volumes while keeping fees low for Layer 2 users. With dynamic blob fees in place, Ethereum can support the growing ecosystem of decentralized applications and maintain its competitiveness as a scalable blockchain network.   Read more: Ethereum 2.0 Upgrade   Pectra Fork Timeline and New Features The Pectra fork is expected to roll out in late 2024 or early 2025. In addition to EIP-7742, it will include EIP-3074, which introduces social recovery for Ethereum wallets. This feature will allow users to delegate control of their wallets to an invoker contract, which can perform transactions on their behalf.   Another critical update involves reducing the maximum block size from 2.7MB to approximately 1MB, freeing up space for more blob transactions and aligning with Ethereum’s scalability goals.   Buterin’s Vision: Layer 2 as the Future of Ethereum Vitalik Buterin emphasizes a rollup-centric approach to Ethereum’s scaling, where Layer 1 acts as a robust base layer and Layer 2 networks handle the heavy lifting. His ultimate goal is to create a unified Ethereum ecosystem, ensuring seamless interactions between Layer 2 networks without the feel of separate blockchains.   Buterin warns that increasing Ethereum’s gas limits to achieve higher speeds would compromise decentralization, as only larger validators with costly hardware could participate. Instead, he advocates solutions like data compression and bytecode optimization to maintain scalability without sacrificing security.   Ethereum’s Layer 2 Shift and Its Implications Ethereum’s increasing reliance on Layer 2 networks offers benefits like lower fees and faster transactions. However, it comes with a trade-off: the mainnet’s share of total network revenue has significantly dropped. VanEck’s latest analysis reveals that this trend may lower Ether's long-term value, potentially reducing their original price target by 67%.   Read more: Top Ethereum Layer-2 Crypto Projects to Know in 2024   Conclusion The Pectra fork represents a significant milestone in Ethereum’s journey toward becoming a more scalable, efficient blockchain. With dynamic blob fees, social recovery features, and continued focus on Layer 2 networks, Ethereum aims to strike a balance between scalability and decentralization. If successful, these updates will bring Ethereum closer to achieving its ambitious goal of 100,000 TPS, solidifying its position as a leading blockchain for years to come.

Ang Puffer Finance ay gumagawa ng alon sa decentralized finance (DeFi) space sa pamamagitan ng paparating na airdrop at pinalawak na utility ng token. Inanunsyo ng platform ang paglulunsad ng governance token nito, $PUFFER, na may mga bagong feature na naglalayong pataasin ang pakikilahok ng komunidad. Kasabay nito, magdi-distribute ang Puffer Finance ng malaking bahagi ng mga token nito sa mga unang gumagamit at kalahok sa ecosystem ng DeFi sa pamamagitan ng isang airdrop.   Mabilis na Pagsilip Ang airdrop ng Puffer Finance ay tatakbo mula Oktubre 14, 2024, hanggang Enero 14, 2025, na nagbibigay ng sapat na oras para sa mga kalahok na i-claim ang kanilang mga token. Isang kabuuan ng 13% ng $PUFFER token supply ang inilaan para sa airdrop, na gantimpalaan ang mga unang gumagamit at aktibong miyembro ng komunidad. Nagpakilala ang Puffer Finance ng isang governance model kung saan ang mga gumagamit ay maaaring mag-stake ng $PUFFER token upang makakuha ng vePUFFER, na nagbibigay sa kanila ng kapangyarihan sa pagboto sa mga desisyon ng protocol. 40% ng kabuuang supply ng token ay inilaan para sa mga insentibo ng komunidad at pag-unlad ng ecosystem, upang matiyak ang tuluy-tuloy na paglago at pakikilahok. Ang Puffer Finance ay isang decentralized finance (DeFi) platform na nakatuon sa liquid restaking at Ethereum-based rollup solutions. Ang airdrop nito ay nagdi-distribute ng 13% ng $PUFFER token supply sa mga unang gumagamit at miyembro ng komunidad, na nagbibigay sa kanila ng kapangyarihan sa pamamahala at pagkakataong makilahok sa mga mahahalagang desisyon sa loob ng platform. Ang hakbang na ito ay nagha-highlight ng pangako ng Puffer Finance sa desentralisasyon at paglago na pinapatakbo ng komunidad.   Basahin pa: Top Liquid Restaking Protocols ng 2024   Lahat Tungkol sa Puffer Finance ($PUFFER) Airdrop Ayon sa isang opisyal na anunsyo na ibinahagi sa X, ilulunsad ng Puffer Finance ang kampanya ng airdrop nito, simula Oktubre 14, 2024 at tatakbo hanggang Enero 14, 2025. Ang airdrop na ito ay naglalaan ng 13% ng kabuuang supply ng $PUFFER token, na ginagantimpalaan ang mga unang gumagamit at mga taong aktibong nakibahagi sa ekosistema ng Puffer. Ang mga kalahok mula sa unang season, na kilala bilang “Crunchy Carrot Quest,” ay nakatanggap na ng 7.5% ng token supply. Sa Season 2, isa pang 5.5% ng supply ang ipapamahagi.   Puffer Finance Airdrop Timeline: Mga Mahalagang Petsa na Dapat Malaman  Snapshot para sa Season 1 Airdrop: Oktubre 5, 2024 Petsa ng Pagsisimula ng Season 1 Airdrop: Oktubre 14, 2024 Petsa ng Pagtatapos ng Airdrop: Enero 14, 2025 Kabuuang Supply ng $PUFFER Token: 1 Bilyon Alokasyon ng Airdrop: 13% ng kabuuang supply Sino ang Karapat-dapat para sa $PUFFER Airdrop?  Ang pagiging karapat-dapat para sa Puffer Finance airdrop ay batay sa sumusunod na mga pamantayan: Maagang Adopters: Ang mga gumagamit na nakipag-ugnayan sa Puffer Finance ecosystem bago ang ilang mga mahalagang petsa, tulad ng pakikilahok sa maagang mga staking na programa o mga aktibidad ng pamamahala, ay karapat-dapat para sa airdrop. Mga Kalahok sa "Crunchy Carrot Quest": Ang mga sumali sa "Crunchy Carrot Quest" Season 1 ng Puffer Finance, na kinasasangkutan ng pagtapos ng mga tiyak na gawain at aktibidad, ay karapat-dapat para sa bahagi ng airdrop. Pagsali ng Komunidad: Ang mga aktibong miyembro ng komunidad ng Puffer Finance, kabilang ang mga nag-ambag sa pag-unlad o promosyon ng platform, ay maaaring maging kwalipikado rin. Pamantayan ng Snapshot: Ang isang snapshot ng mga karapat-dapat na wallet ay kinuha noong Oktubre 1, 2024. Ang mga wallet na nakamit ang mga pamantayan ng pakikipag-ugnayan at paghawak sa oras ng snapshot ay karapat-dapat para sa airdrop. Mga Sumusuporta sa Ethereum: Isang maliit na bahagi ng airdrop ay inilaan sa mga sumusuporta sa Ethereum’s core development, dahil inilaan ng Puffer Finance ang 1% ng supply ng token para sa Ethereum network. Ang mga pamantayan ng pagiging karapat-dapat na ito ay maaaring bahagyang mag-iba depende sa mga anunsyo mula sa Puffer Finance, kaya mahalagang suriin ang opisyal na website at mga channel para sa pinakabagong impormasyon.   Paano Makilahok at I-claim ang Puffer Finance Airdrop  Upang i-claim ang Puffer Finance airdrop, sundin ang mga hakbang na ito:   Suriin ang Kwalipikasyon: Tiyakin na natutugunan mo ang mga pamantayan para sa airdrop. Ang kwalipikasyon ay kadalasang nakabatay sa maagang paggamit, aktibidad sa loob ng Puffer Finance ecosystem, o pakikilahok sa mga partikular na kaganapan tulad ng "Crunchy Carrot Quest." Bisita sa Opisyal na Website ng Puffer Finance: Pumunta sa opisyal na Puffer Finance airdrop claim page, na makikita sa kanilang website o opisyal na social media channels. Siguraduhing gamitin lamang ang mga pinagkakatiwalaang link upang maiwasan ang phishing scams. Ikonekta ang Iyong Wallet: Kailangan mong ikonekta ang isang compatible na cryptocurrency wallet, tulad ng MetaMask, sa Puffer Finance claim page. Tiyakin na ang iyong wallet ay sumusuporta sa Ethereum o iba pang kinakailangang networks. I-claim ang Iyong Tokens: Kung ikaw ay kwalipikado, makikita mo ang bilang ng $PUFFER tokens na pwede mong i-claim. I-click lamang ang "Claim" button at sundin ang mga tagubilin sa screen. Kumpirmahin ang Transaksyon: Kapag sinimulan mo na ang claim, kumpirmahin ang transaksyon sa iyong wallet. Maghanda na magbayad ng maliit na gas fee, tulad ng karaniwan sa mga Ethereum-based na transaksyon. Tanggapin ang Iyong Tokens: Matapos kumpirmahin, ang iyong $PUFFER tokens ay ipapadala sa iyong nakakonektang wallet. Mahalagang Paalala Ang panahon ng airdrop claim ay mula Oktubre 14, 2024, hanggang Enero 14, 2025, kaya siguraduhing i-claim ang iyong tokens sa loob ng panahong ito. Gamitin lamang ang opisyal na website at channels ng Puffer Finance upang maiwasan ang mga scam o phishing attempts. Suriin ang seguridad ng iyong wallet bago ito ikonekta sa anumang third-party site. Puffer Finance (PUFFER) Tokenomics Breakdown Pinagmulan: Puffer Finance blog    Ang $PUFFER token ay may cap na supply na 1 bilyong tokens. Sa bilang na ito, 40% ay nakalaan para sa mga community initiatives at ecosystem development. Ang isa pang 20% ay nakalaan para sa mga early contributors at advisors, na may tatlong taong vesting schedule upang matiyak ang pangmatagalang dedikasyon sa proyekto.   Bukod dito, 1% ng supply ay inilaan para sa pangunahing pag-unlad ng Ethereum, na nagpapakita ng dedikasyon ni Puffer sa pagsuporta sa network ng Ethereum. Bagaman tila maliit na porsyento ito, ito ay may mahalagang papel sa pangmatagalang layunin ng plataporma na paunlarin ang imprastruktura ng Ethereum.   Pamamahala at Kapangyarihan sa Pagboto: I-stake ang PUFFER, Kumita ng vePUFFER  Nagpakilala ang Puffer Finance ng isang modelo ng pamamahala na nagbibigay-daan sa komunidad nito na magkaroon ng direktang impluwensya sa mga desisyon ng plataporma. Sa pamamagitan ng pag-stake ng $PUFFER tokens, maaaring kumita ang mga gumagamit ng vePUFFER tokens, na nagbibigay ng kapangyarihan sa pagboto sa loob ng ekosistema. Tinitiyak ng modelong pamamahala na ito na may boses ang komunidad sa paghubog ng hinaharap ng Puffer.   Ang proseso ng pamamahala ng Puffer ay nakabase sa tiwala at transparency, na nagbibigay kapangyarihan sa mga gumagamit na makilahok sa mahahalagang desisyon at tumutulong sa plataporma na umayon sa mga prinsipyong desentralisado ng Ethereum.   Pinalalawak ng Puffer Finance ang Utilidad sa Liquid Restaking at Rollups Nagsimulang makilala ang Puffer Finance sa pamamagitan ng likidong staking token nito, ang Puffer LST. Gayunpaman, pinalawak ng plataporma ang mga alok nito upang isama ang mga serbisyo ng likidong restaking sa pamamagitan ng EigenLayer. Ang likidong restaking na tampok ni Puffer ay nagbibigay-daan sa mga gumagamit na mapakinabangan ang kanilang potensiyal sa staking habang nag-aambag sa seguridad ng network.   Bukod dito, ang Puffer Finance ay nagde-develop ng UniFi, isang rollup solution na idinisenyo upang mapahusay ang pagkakasunod-sunod ng transaksyon sa Ethereum. Ang UniFi AVS, isa pang makabagong produkto sa pipeline, ay mag-aalok ng isang pre-confirmation service, na nagpapahintulot ng mas mabilis at mas epektibong rollups. Sama-sama, ang mga produktong ito ay naglalayong pahusayin ang scalability at efficiency ng network ng Ethereum.   Basahin pa: Ano ang EigenLayer? Solusyon ng Ethereum sa Restaking   Ang Hinaharap ng Puffer Finance Sa paglulunsad ng token na $PUFFER at ang pinalawak na suite ng mga produkto, ang Puffer Finance ay nagpaposisyon ng sarili bilang isang mahalagang manlalaro sa ecosystem ng Ethereum. Ang modelo ng pamamahala, na sinamahan ng pokus ng platform sa liquid restaking at rollups, ay nagtitiyak na ang Puffer ay naaayon sa mga prinsipyo ng desentralisasyon.   Ang airdrop campaign ay patuloy na makakaakit ng atensyon, habang ang mga miyembro ng komunidad ay maaaring mag-claim ng kanilang mga token at makilahok sa istruktura ng pamamahala ng platform. Habang patuloy na lumalaki ang Puffer Finance, ang komunidad nito ay magkakaroon ng mahalagang papel sa paggabay sa mga hinaharap na pag-unlad nito.   Konklusyon Ang pinalawak na utility ng token at modelo ng pamamahala ng Puffer Finance ay nagmumungkahi ng bagong yugto para sa plataporma. Sa darating na airdrop at mga inisyatibo na pinapatakbo ng komunidad, layunin ng Puffer na palakasin ang presensya nito sa espasyo ng DeFi habang nag-aambag sa mga pagsisikap ng Ethereum na maging mas desentralisado. Ang $PUFFER token ay mag-aalok ng mga gantimpala sa mga maagang tagasunod at magbibigay-daan sa komunidad na lumahok sa mahahalagang desisyon sa plataporma.   Habang umuusad ang Puffer Finance sa airdrop nito at mga bagong pag-unlad, ito ay nakaposisyon upang lumago sa loob ng desentralisadong ekosistema. Gayunpaman, ang mga kalahok ay dapat na maingat na suriin ang mga posibleng panganib, kabilang ang pabagu-bagong merkado at mga pagbabago sa halaga ng token, bago makipag-ugnayan sa plataporma.   Basahin pa: Puffer (PUFFER) Nakalista na sa KuCoin! World Premiere!

Ang kapaligiran ng merkado ay may mataas na posibilidad (87%) ng 25 basis point interest rate cut sa Nobyembre. Parehong ang mga stock at bono ng US ay nakaranas ng mga makabuluhang pagbaba, na ang mga yield ng Treasury sa dalawang taon at 10-taon ay umabot sa 4% sa unang pagkakataon mula noong Agosto. Ang tatlong pangunahing index ng stock ng US ay nagtapos sa pulang kulay, at kasunod ng Bitcoin's na pag-angat sa higit $64,000, ang stock market ng US ay umatras ng 0.95%. Bukod dito, ang ETH/BTC exchange rate ay bumagsak sa ibaba ng 0.039, na nagpapahiwatig ng pababang takbo para sa Ethereum laban sa Bitcoin.   Sa balitang pang-industriya, isang hukom ng US ang nag-apruba sa plano ng FTX para sa muling pagsasaayos ng pagkabangkarote, na nagpapahintulot sa 98% ng mga nagpapautang na mabawi ang hindi bababa sa 118% ng halaga ng kanilang utang sa cash. Ang plano ay mag-iinject ng $14.5 hanggang $16.3 bilyon sa likwididad sa merkado, na ang mga pagbabayad ng utang ay inaasahan sa loob ng 60 araw. Sa kabila ng positibong pag-unlad na ito, pinagtibay ng korte na ang halaga ng FTT tokens ay zero, na nagdulot sa isang maikling pagtaas ng FTT sa higit $3.1 bago umatras.   Ipinakita ng crypto market ang neutral na mga damdamin ngayon habang ang mga pangunahing coins ay nakaranas ng maliit na pagbaba sa presyo. Ang Crypto Fear & Greed Index ay bumaba mula 50 noong nakaraang linggo sa 49 ngayon, na nananatili pa rin sa 'Neutral' na zone. Ang Bitcoin (BTC) ay nananatiling pabagu-bago ngayong linggo, ngunit nagpapakita ng malinaw na mga palatandaan ng potensyal na rally.   Mabilis na Mga Update sa Merkado Presyo (UTC+8 8:00) BTC:$62,223，-0.95%； ETH:$2,422，-0.71% 24 Oras na Long/Short: 49.3%/50.7% Kahapon's Fear & Greed Index: 49 (50, 24 oras na ang nakalipas), na may neutral na rating Crypto fear and greed index | Source: Alternative.me    Mga Patok na Token Ngayon Nangungunang Performers sa loob ng 24-Oras   Trading Pair    24H Pagbabago ⬆️ SUIA/USDT  +38.41% ⬆️ NEIRO/USDT      +18.75% ⬆️ SUI/USDT        +11.16%   Mag-trade na sa KuCoin   Mga Tampok na Balita ng Industriya sa Oktubre 8, 2024 Isang hukom sa US ang nag-apruba sa plano ng muling pagsasaayos ng bangkarota ng FTX, nagbukas ng daan para sa mga nagpapautang na makatanggap ng kompensasyon. Ibinahagi ni Elon Musk ang Polymarket’s na datos ng prediksyon sa US election, pinuri ang katumpakan nito kumpara sa tradisyonal na mga survey. Ipinagdiwang ng Tether ang ika-10 anibersaryo nito, na malapit nang umabot sa $120 bilyong market capitalization ang USDT. Nakapag-raise ng $65 milyon ang Infinex sa pamamagitan ng pagbebenta ng NFT at nakipag-partner sa Wormhole upang paganahin ang cross-chain functionality. Ipinahayag ni Vitalik Buterin ang pasasalamat sa isang Meme Coin project sa pag-donate ng bahagi ng token supply nito sa kawanggawa. Mahigit 87% ng mga bagong decentralized exchange (DEX) token issuances sa taong ito ay inilunsad sa Solana blockchain. Crypto heat map | Source: Coin360   Laban ng Bitcoin sa $64K: Ang Pakikibaka upang Mapatid ang Resistance Patuloy na umiikot ang Bitcoin malapit sa $64,000, ngunit nahihirapan itong mapatid ang antas ng resistance na ito. Sa kabila ng 5.2% pagtaas noong unang bahagi ng buwang ito, ang presyo ng Bitcoin ay nananatili sa $63,323 ngayon, na higit na sanhi ng mga macroeconomic na salik.   Ang mga mamumuhunan ay bumabaling sa mga stock at pera bilang tugon sa mga socio-political uncertainties, na nagtutulak sa Bitcoin sa isang holding pattern. Bukod dito, ang Bitcoin ETF outflows mula Oktubre 1 ay umabot na sa $335 milyon, na nagpapahina ng kasiglahan sa merkado.   Habang matagal nang tinitingnan ang Bitcoin bilang isang panangga laban sa inflation, tila ang mga tradisyunal na trend ng merkado ang nagdidikta ng mga galaw ng presyo nito sa ngayon, na nagpapahirap sa pagtama sa marka ng $64,000.   Bitcoin vs. global monetary base (M2, billion). Source: TradingView   Basahin pa: Matatag Pa Rin ang Pamilihan ng Bitcoin sa Kabila ng Banta ng $60K: Nanatiling Optimistiko ang mga Mangangalakal   Naaprubahan ang Plano ng Reorganisasyon ng FTX: Mahalagang Hakbang sa Proseso ng Pagkalugi Nagkaroon ng mahahalagang kaganapan sa mundo ng crypto ngayon, kasama ang pangunahing balita patungkol sa reorganisasyon ng pagkalugi ng FTX, ang estratehikong paglilipat ng Worldcoin sa bukas na pamilihan, at isang bagong panukala upang mapataas ang throughput ng Ethereum. Ang mga update na ito ay nagpapakita ng patuloy na pagsisikap na malutas ang mga nakaraang hamon habang naghahanda para sa paglago at kahusayan sa hinaharap.   Dalawang taon matapos maghain ng pagkalugi, ang bumagsak na crypto exchange na FTX ay nakarating na sa isang mahalagang sandali sa paglalakbay nito patungo sa pagbabayad. Noong Oktubre 7, isang hukom ng pagkalugi sa U.S. ang nag-apruba sa plano ng likidasyon ng kumpanya, na nagbibigay-daan sa FTX na maibalik ang higit sa $16 bilyon sa mga pinagkakautangan.   Sa ilalim ng naaprubahang plano, magbabayad ang FTX ng 98% ng mga gumagamit, na may mga hindi pamahalaang pinagkakautangan na tatanggap ng 100% ng kanilang mga claim sa pagkalugi kasama ang interes. Ang desisyong ito ay nagmamarka ng isang mahalagang hakbang pasulong para sa FTX, na tinawag na "Lehman moment" ng industriya ng crypto dahil sa biglaang pagbagsak nito noong 2022.   Nagkomento si John J. Ray III, CEO ng FTX, sa desisyon ng hukuman:      “Ang kumpirmasyon ng Hukuman sa aming Plano ay isang mahalagang hakbang sa aming landas patungo sa pamamahagi ng pera sa mga customer at mga pinagkakautangan.”   Ang kaso ng FTX ay nagsisilbing babala, ngunit ang planong ito ng muling pag-aayos ay maaaring magbigay ng kaunting kapanatagan para sa mga naapektuhan ng pagbagsak ng palitan.   Pinagmulan: RadarHits   Ang Worldcoin ay Lumilipat ng Pokus sa Bukas na Merkado Habang Lumalaki ang Pagsusuri ng Regulasyon sa Europa Samantala, ang Worldcoin, ang proyektong digital identity na itinatag ni OpenAI CEO Sam Altman, ay muling tinutukan ang mga rehiyon na mas bukas sa mga umuusbong na teknolohiya. Ayon kay Fabian Bodensteiner, managing director ng Worldcoin para sa Europa, nakikita ng kumpanya ang mas dinamikong mga oportunidad sa labas ng Europa, kung saan mas mahigpit ang kapaligirang pang-regulasyon.   “Nakikita lang namin ang mas malaking dinamika sa ibang rehiyon ng mundo... kailangan naming bigyan ng priyoridad ang mga lugar kung saan nakikita namin ang pinakamalaking oportunidad sa negosyo,” sabi ni Bodensteiner.   Ngayon, ang Worldcoin ay nakatuon sa mga merkado sa Asia-Pacific at Latin America, kung saan mas mataas ang mga rate ng pagtanggap sa bagong teknolohiya. Ang mga bansa tulad ng Japan at Argentina ay nakikita bilang mga pangunahing lugar para sa paglago. Gayunpaman, hindi pa lubos na iniwan ng Worldcoin ang Europa—kabilang sa mga kamakailang pagsisikap ang paglulunsad ng operasyon sa Poland at pagsisimula ng World ID verifications sa Austria.   Ang paglilipat ng pokus na ito ay nagmula matapos ang pansamantalang suspensyon sa mga bansa tulad ng Spain at Portugal dahil sa mga isyu sa privacy ng datos, na nagpapakita ng kumpleksidad ng regulasyon na hinaharap ng mga proyektong digital identity.   Magbasa pa: Ano ang Worldcoin (WLD), at Paano Ito Makukuha?   Bagong Proposal ng Ethereum na Naglalayong Dagdagan ang Throughput ng 50% Sa mundo ng blockchain, ang mga developer ng Ethereum ay naghahanap ng paraan upang mapabuti ang kahusayan ng network sa pamamagitan ng isang bagong proposal. Ang Ethereum Improvement Proposal (EIP-7781) ay naglalayong bawasan ang block times ng Ethereum ng 33% habang pinapataas ang data capacity, na nagreresulta sa isang 50% na pagtaas sa throughput.   Ang pagbabagong ito ay magpapahusay sa mga decentralized exchanges tulad ng Uniswap v3, na magpapabuti sa execution at makakatipid ng milyon-milyong bayarin para sa mga user. Ang researcher ng Ethereum Foundation na si Justin Drake ay nagpahayag ng matinding suporta para sa proposal, na nagsasabing ito'y naaayon sa mas malawak na mga layunin ng scaling na iminungkahi nina Vitalik Buterin at iba pa.   Kung maisasakatuparan, maaaring mabawasan ng proposal ang network congestion, pababain ang mga bayarin sa layer-2, at gawing mas kompetitibo ang Ethereum habang patuloy na lumalaki ang demand para sa blockchain infrastructure.   Source: Cygaar   Basahin pa: Pag-upgrade ng Ethereum 2.0   Natapos na ng KuCoin ang CATS (CATS) Token Airdrop Ayon sa opisyal na anunsyo mula sa KuCoin, isang nangungunang cryptocurrency exchange, natapos na ang pamamahagi ng token para sa CATS airdrop noong Oktubre 8. Ang mga gumagamit na nag-claim ng kanilang CATS airdrop sa pamamagitan ng KuCoin ay natanggap na ang itinalagang mga token sa kanilang Funding Accounts. Bukod dito, ang mga CATS token sa premarket ng KuCoin ay ihahatid sa opisyal na paglulunsad ng token.   Ang CATS ay isang memecoin sa The Open Network (TON) blockchain, na dinisenyo upang makipag-ugnayan sa mga gumagamit sa pamamagitan ng CATS Telegram mini-app, na nag-aalok ng mga interactive na tampok at gantimpala.   Ang CATS token ay ililista sa KuCoin sa 10:00 UTC sa Oktubre 8, 2024. Para sa karagdagang impormasyon, maaaring sumangguni ang mga gumagamit sa opisyal na platform ng KuCoin.   I-aanunsyo rin ng KuCoin ang mga paparating na kampanya ng listahan na nauugnay sa CATS token, na nagbibigay sa mga gumagamit ng mas maraming pagkakataon upang kumita ng passive na kita sa kanilang mga CATS holdings.   Konklusyon Ang pinakabagong mga pag-unlad sa crypto ay nagha-highlight sa patuloy na ebolusyon ng industriya. Ang plano ng reorganisasyon ng FTX ay nagdadala ng kinakailangang pag-unlad para sa mga creditors, na nag-aalok ng pag-asa para sa pagbangon matapos ang pagbagsak ng palitan. Samantala, ang paglilipat ng Worldcoin sa mga rehiyon na mas bukas sa mga umuusbong na teknolohiya ay nagpapahiwatig kung saan maaaring umusbong ang hinaharap ng inobasyon. Ang mga iminungkahing pagpapabuti ng Ethereum ay maaaring lubos na mapabuti ang kahusayan, na nagpapahusay sa scalability ng network. Gayunpaman, ang pakikibaka ng Bitcoin upang lampasan ang $64,000 ay nagpapakita ng mas malawak na mga hamon sa macroeconomic. Habang nagbabago ang crypto landscape, ang mga pangyayaring ito ay nagdadagdag-diin sa pangangailangan para sa adaptability at inobasyon sa isang mabilis na nagbabagong merkado. Manatiling nakaantabay sa KuCoin News para sa higit pang pang-araw-araw na pananaw at mga trend sa crypto.   Basahin Pa: Crypto Daily Movers October 7: Bitcoin Breaks $63,000, Technical Analysis of APT, WIF, and FTM

On September 4, 2024, Polygon Labs completed a major upgrade to its native token, transitioning from MATIC to POL. This move marks a crucial step in the network's evolution toward Polygon 2.0, aiming to create a more productive, scalable ecosystem.    Quick Take  Polygon's MATIC token was upgraded to POL on September 4, 2024. POL introduces new "hyperproductive" features, expanding utility beyond gas fees and staking. MATIC holders can upgrade to POL automatically or manually, with no current deadline. POL plays a key role in Polygon’s vision for Polygon 2.0 and the AggLayer. The upgrade brings a 2% annual token emission model. Why Polygon Transitioned From MATIC to POL On September 4, 2024, Polygon Labs officially replaced MATIC with POL, signaling the launch of Polygon 2.0. The upgraded POL token offers broader functionality and introduces what CEO Marc Boiron calls a "hyperproductive" token system. Unlike MATIC, which primarily earned fees from gas and staking, POL opens up new opportunities for fee generation, including securing data availability and decentralizing a sequencer.   Polygon’s upgrade follows a year of community discussions, with consensus focusing on increasing token utility and scalability. POL will now act as the native gas and staking token for the Polygon network, positioning itself as a crucial driver of Polygon’s growth.   Read more: Polygon Labs Announces Token Migration From MATIC to POL on September 4, 2024   All you need to know about MATIC to POL token migration | Source; Polygon on X    What POL Brings to the Table According to Boiron, POL takes productivity one step further than Ethereum’s Ether, allowing for more diverse fee-earning options. POL holders can now generate fees from multiple sources, such as staking, securing additional chains, or decentralized sequencers. This means that POL will allow validators to participate in more network activities and earn from various roles within the Polygon ecosystem.   Beyond earning potential, POL will also play a vital role in Polygon’s AggLayer, an aggregation layer designed to connect different blockchains seamlessly. This makes POL a key player in Polygon 2.0’s vision of unifying various chains to create a scalable and interconnected ecosystem.   Polygon (POL)  has a New Emission Rate of  2%  One of the significant tokenomics changes introduced with POL is a new emissions model. The token will have a 2% annual emission rate, divided between validators and a community treasury. For validators, this provides continuous rewards, incentivizing more participation in the network. The community treasury, on the other hand, will fund growth initiatives, including grants that promote the ecosystem's expansion.   This new emission model addresses one of the challenges faced by MATIC: its lack of flexibility. Boiron explained that MATIC’s upgrade keys were intentionally burned, limiting the token’s ability to introduce new features like emissions. POL resolves this issue, enabling greater control over the token’s use and future development.   How to Migrate from MATIC to POL If you’re a MATIC holder, here’s the good news: the upgrade to POL happens automatically for most users. If your MATIC is staked on the Polygon proof-of-stake (PoS) chain, no further action is required. Your MATIC will convert to POL seamlessly.   However, if you hold MATIC on Ethereum, the Polygon zkEVM, or centralized exchanges, you will need to migrate your tokens manually. Polygon has deployed a migration contract, allowing users to convert their MATIC to POL through the Polygon Portal Interface. Keep in mind, this process is more advanced, and it’s recommended only for users familiar with bridging tokens between networks.   Leading centralized exchanges (CEXs) have been actively facilitating the smooth migration from MATIC to POL for their users. KuCoin, in particular, has supported this transition since early 2023. As of November 9, 2023, POL is available for trading on KuCoin’s spot platform. Users can now deposit POL tokens and trade the POL/USDT pair. Additionally, KuCoin allows users to sell MATIC and purchase POL, providing early access to POL trading ahead of many other major exchanges.   For those holding MATIC as ERC-20 tokens in hardware wallets, a manual conversion will be necessary. While Polygon hasn’t yet provided specific instructions for hardware wallets like Ledger, expect updates soon on how to complete the migration.   No Deadline to Convert MATIC to POL (Yet) While the migration went live on September 4, Polygon has not imposed a hard deadline for converting MATIC to POL. This means users can take their time making the switch. However, Polygon has indicated that the community could eventually establish a deadline, so it’s wise to stay updated on any potential changes in the future.   The Future of Polygon 2.0: AggLayer and More  Benefits of AggLayer in Polygon 2.0 | Source: Polygon blog    POL’s introduction is just the beginning of Polygon 2.0. Over time, POL will be integrated into the broader Polygon ecosystem, securing other chains within Polygon’s aggregated network, known as the AggLayer. The AggLayer aims to create a unified network of chains, ensuring fast, atomic cross-chain transactions while maintaining security.   Moreover, POL will be pivotal in block production, zero-knowledge proof generation, and Data Availability Committees (DACs). These roles reflect Polygon’s ambitious plans for zero-knowledge technology and the evolution of its ecosystem into a scalable, decentralized hub for Web3 applications.   POL’s "Hyperproductive" Future The upgrade from MATIC to POL marks a significant milestone in Polygon’s roadmap. With enhanced utility and a new emission model, POL is designed to improve both the network's functionality and scalability. As Polygon 2.0 develops, POL is expected to play a central role in unifying multiple chains and driving the network's growth.   For users, this transition introduces new opportunities, from staking to participating in securing other chains within the ecosystem. Whether you are a validator seeking additional rewards or a developer building decentralized applications, POL offers expanded possibilities within the Polygon network. However, as with any technological upgrade, it’s important to remain cautious. Changes in tokenomics and network structure can introduce new risks, such as potential technical issues during migration or shifts in market dynamics. Users are encouraged to stay informed and assess their participation carefully as Polygon moves forward with its plans.

On September 4, 2024, Polygon will launch its new native token, Polygon Ecosystem Token(POL), replacing the existing MATIC token. This transition is a crucial part of Polygon 2.0 vision  to evolve from a single proof-of-stake (PoS) network into an ecosystem of interconnected blockchains powered by zero-knowledge (ZK) technology.    Quick Take The migration from MATIC to POL will occur on September 4, 2024, with POL replacing MATIC to enhance Polygon's ecosystem and support multiple chains, as per the official blog of Polygon Labs.   While MATIC on Polygon PoS will convert automatically to POL, those holding MATIC on Ethereum or zkEVM must use Polygon's official migration contract.  POL introduces new functionalities, such as increased validator incentives and expanded governance rights, making it essential for users to understand and complete the migration process. Polygon Will Migrate From MATIC to POL As Part of Its “Polygon 2.0” Roadmap Polygon Labs has announced the token migration from MATIC to POL on September 4, 2024. Polygon, a leading Ethereum layer-2 solution, will shift its native token from MATIC to POL.  As per the introduction of Polygon Labs in their official blog, POL migration is a part of Polygon 2.0 - a strategic upgrade aimed at positioning Polygon as a leader in blockchain scalability and interoperability. POL, described as a "third-generation" token, will serve as the gas fee payment and staking token on Polygon's PoS blockchain. With the introduction of the AggLayer, a scalable multichain network, POL will support seamless cross-chain transactions and enhanced security across multiple Polygon chains.   “POL is a hyperproductive token that can be used to provide valuable services to any chain in the Polygon network, including the AggLayer itself,” Polygon wrote in their blog post.   The AggLayer will unify these chains, allowing them to interact seamlessly, while POL will play a crucial role in securing the network and rewarding validators. POL holders will also gain governance rights over the Community Treasury, empowering them to fund development and research initiatives. This shift is designed to address blockchain fragmentation and improve user experience, making Polygon more competitive in the crypto market.   Read more: Top Ethereum Layer-2 Crypto Projects to Know in 2024   What Sets Polygon Ecosystem Token (POL) Apart from Matic Token? POL introduces advanced functionalities and expanded roles, positioning it as a more versatile and central token within the expanding Polygon ecosystem. It will not only serve as the primary token for gas fees and staking but also plays a significant role in governance and network security across multiple chains, marking a strategic shift from the simpler utility of MATIC. Unlike MATIC, which serves primarily as the gas and staking token for Polygon’s proof-of-stake (PoS) network, POL is designed to power a broader range of functionalities across multiple chains within the Polygon ecosystem. This is part of the broader AggLayer initiative, which aims to unify various blockchains under a shared security model.   POL distinguishes itself through several enhanced features. Firstly, it enables validators to secure multiple chains simultaneously, increasing their incentives by allowing them to participate in various roles across the ecosystem. Additionally, POL expands its utility by integrating governance capabilities, giving token holders the power to influence decisions related to the Community Treasury, which will fund future development and research initiatives. These enhancements make POL a more versatile and valuable token, positioning it as a cornerstone of Polygon's next phase of growth.  Feature MATIC Polygon Ecosystem Token(POL) Primary Function Gas fee payment and staking token for Polygon PoS network Gas fee payment and staking token for the entire Polygon ecosystem, including the new AggLayer Utility Used mainly for transaction fees and staking on the Polygon PoS chain Expands utility to secure multiple chains, participate in governance, and support additional roles within the AggLayer Validator Incentives Validators are rewarded primarily for securing the Polygon PoS chain Increased incentives, allowing validators to secure multiple chains, generate ZK proofs, and participate in Data Availability Committees (DACs) Governance Limited governance capabilities Full governance rights over the Community Treasury, influencing development and research funding Supply Initial supply of 10 billion tokens Same initial supply of 10 billion tokens with an annual emission rate of 1% for staking rewards and community treasury funding Migration No migration required; holders automatically retain MATIC MATIC will be swapped 1:1 for POL; requires manual migration for holders on Ethereum and zkEVM if not automatically managed by exchanges   Top CEXs Will Support the POL Migration Before the Due Date  Leading centralized exchanges (CEXs) are taking proactive steps to ensure a smooth migration from MATIC to POL for their users. KuCoin has been supporting the migration since early 2023. The exchange has announced that POL has been available on its spot trading platform since November 9, 2023. KuCoin users can already deposit POL tokens and trade the POL/USDT pair. Users can choose to sell MATIC and buy POL if they want, gaining earlier access to trading POL before any other top exchanges.    Beyond KuCoin, other leading exchanges are ensuring that their users can transition to POL with ease, reflecting the industry’s dedication to supporting this significant upgrade. Most CEXs will handle the entire migration process, including the automatic conversion of MATIC to POL at a 1:1 ratio. Starting on September 4, 2024, they will suspend MATIC deposits and withdrawals, and will delist all MATIC trading pairs a few days later. These CEXs will list new POL trading pairs, allowing users to trade POL seamlessly. This approach ensures minimal disruption for users during the transition; however, the process will cause some delays to MATIC and POL holders.   How You Can Get Ready for the Upcoming POL Migration What the MATIC to POL transition means for users | Source: X    For most MATIC holders, the migration to POL will be automatic, requiring little to no action. However, there are essential details to be aware of, depending on where you hold your MATIC tokens.   Polygon PoS Holders: If your MATIC is on the Polygon PoS chain, the migration will be seamless. Your MATIC tokens will automatically convert to POL on September 4, 2024. Ethereum and zkEVM Holders: If you hold MATIC on Ethereum or Polygon zkEVM, you will need to use a migration contract to swap your tokens for POL. This process ensures that your tokens are correctly converted and recognized in the new system. Centralized Exchange Users: Most centralized exchanges will automatically handle the conversion for you. However, it’s crucial to verify this with your exchange to avoid any potential issues. For instance, KuCoin already supports the POL token and will make it easier for users to migrate from MATIC to POL ahead of the September 4 deadline.  Risks to Watch Out For During the POL Migration  Scams and Phishing Attempts: Users should be cautious of any third-party services or links claiming to help you migrate your tokens. Always use official channels and double-check URLs before connecting your wallet. Transaction Fees: While some exchanges might cover transaction fees for the migration, always confirm this to avoid unexpected costs. Potential Downtime: During the migration period, there may be brief periods of downtime or reduced functionality on certain platforms. Plan your transactions accordingly. Conclusion The migration from MATIC to POL is a critical step in Polygon's 2.0 roadmap, designed to enhance the network's scalability, security, and overall usability. POL introduces new functionalities, such as the ability for validators to secure multiple chains and participate in governance, positioning it as a key asset in Polygon's evolution.   However, it's essential to approach this transition with caution. Users should stay informed by verifying the details with their exchange or wallet provider and understanding the implications of the migration. As with any major upgrade, there are inherent risks, such as potential technical issues or delays, which could impact the migration process. Ensuring that you are fully prepared and aware of these risks will help you navigate this transition smoothly and take advantage of the opportunities that POL offers.  

Scroll is an Ethereum Layer 2 scaling solution utilizing zkEVM technology, designed to improve scalability, reduce transaction costs, and maintain the security of the Ethereum network. Although Scroll has not yet launched a native token, the possibility of an airdrop has generated significant interest within the crypto community. Here’s everything you need to know about the potential Scroll airdrop and how you can participate in it.    Quick Take Engage actively in Scroll's ecosystem—interact with dApps, provide liquidity, and partake in Scroll Sessions—to boost airdrop eligibility. You can perform the following tasks to increase your chances to earn Scroll airdrop: bridging tokens, providing liquidity, and interacting with dApps on Scroll's network.  The Scroll airdrop claim period is from August 15, 2024, to September 15, 2024. Introduction to Scroll and Its Ecosystem Scroll is an Ethereum Layer-2 network designed to enhance the scalability and efficiency of the Ethereum blockchain through the use of zkEVM (zero-knowledge Ethereum Virtual Machine) technology. Scroll operates as a zero-knowledge rollup, where it processes transactions off-chain and bundles them into a single proof that is then validated on the Ethereum mainnet.    This approach drastically reduces the amount of data stored on-chain, significantly lowering transaction costs while maintaining high throughput and security. By being fully compatible with Ethereum's Virtual Machine (EVM), Scroll allows developers to seamlessly deploy and manage decentralized applications (dApps) with the same tools they use on Ethereum, making it an attractive option for scaling Ethereum projects.    Potential Scroll Airdrop and Eligibility The Scroll airdrop is highly anticipated, with eligibility based on users' activities within the Scroll ecosystem. This includes interacting with Scroll's testnet and mainnet, providing liquidity, bridging assets, and using various dApps built on the Scroll network.   To maximize your chances of receiving the airdrop, it's crucial to be an active participant in these activities. The Scroll team has emphasized that regular interaction with the platform increases eligibility, especially for those who participate in Scroll Sessions, a loyalty program where users earn points (Marks) that could convert into airdropped tokens.   Key Dates and Airdrop Timeline Snapshot Date: July 15, 2024 Airdrop Announcement: August 1, 2024 Claim Period: August 15, 2024 – September 15, 2024 Redistribution: Unclaimed tokens will be redistributed after the claim period ends. How to Participate in the Scroll Airdrop To participate in the Scroll airdrop, follow these detailed steps to maximize your chances of receiving tokens:   Step 1: Connect Your Wallet and Add Scroll Network Begin by connecting your MetaMask wallet to the Scroll network. To do this, visit the Scroll mainnet page and follow the instructions to add the Scroll network to your MetaMask wallet. This setup allows you to interact with the Scroll network and prepare for future transactions and airdrop activities. Ensure that your MetaMask is configured to handle both the Scroll testnet and mainnet.     Step 2: Acquire Goerli ETH and Bridge to Scroll Goerli ETH is a testnet token required to participate in Scroll's testnet activities. You can acquire Goerli ETH through various faucets, such as Alchemy Goerli Faucet, where you sign up and request ETH for your MetaMask wallet. Once you have Goerli ETH, you need to bridge it to the Scroll Layer 2 network using the Scroll Alpha Bridge. This step demonstrates your activity within the Scroll ecosystem, which is crucial for eligibility. Step 3: Interact with dApps on Scroll Network Engage with dApps on the Scroll network to increase your activity score. Popular dApps include:   Uniswap: Use the Scroll version of Uniswap to swap tokens, wrap ETH to WETH, and add liquidity to ETH-USDC pools. These actions are pivotal as they show your active participation in the Scroll DeFi ecosystem. Scroll Guardians: If you're interested in GameFi, mint an NFT hero and participate in boss battles. This interaction not only adds to your on-chain activity but also diversifies the types of transactions you engage in. Scroll Guild: Join the Scroll Guild by connecting your wallet, Twitter, and Discord accounts. The guild assigns roles based on your participation, which could further enhance your eligibility for the airdrop. Step 4: Provide Liquidity and Participate in Lending Markets Providing liquidity is another critical action. Visit DeFi platforms like Ambient or Nuri, which are part of the Scroll ecosystem, and add liquidity to pools. For those interested in lending, platforms like Aave allow you to supply assets and earn interest, which further contributes to your on-chain activity. Remember, the more you interact, the higher your chances of receiving an airdrop.   Step 5: Deploy Smart Contracts (For Developers) If you’re a developer, deploying smart contracts on the Scroll network can significantly boost your eligibility. By following development guides and using tools like Truffle, you can deploy contracts and interact with them, showing your technical engagement with the network.   Step 6: Participate in Scroll Sessions and Earn Marks Scroll Sessions is a loyalty program where users earn points, known as Marks, for various activities like bridging assets, providing liquidity, and participating in lending markets. These Marks could potentially be converted into airdropped tokens. Keep an eye on updates and participate regularly to accumulate as many Marks as possible.      Conclusion The Scroll airdrop represents a significant opportunity for early users and developers to earn rewards by contributing to the ecosystem. By actively participating in the Scroll network, providing liquidity, bridging assets, and engaging with dApps, you can maximize your chances of receiving a portion of the airdrop. Remember to stay informed and act within the specified timelines to claim your rewards.

As the Paris 2024 Summer Olympics approach, the excitement extends beyond the sports arena into the cryptocurrency world. Investors are buzzing about Olympics-themed memecoins that could see substantial demand and activity. Here are the top Olympic tokens to watch:   Quick Take  The Meme Games ($MGMES): Ethereum-based token with unique 169-meter dash event and 1,218% APY staking, poised for strong market entry. PlayDoge ($PLAY): Ethereum-based mobile game offering Tamagotchi-like experience with an 84% annual staking yield. Mega Dice Token ($DICE): Solana-based token featuring profit-sharing, premium content access, and significant airdrop campaign. Solympics (SOLYMPICS): Solana-based token with a rapid price surge and high visibility aligned with the Olympic theme. Gold Medal Token (OlympicGM): Solana-based token offering Olympic predictions and engaging airdrops, launching July 26, 2024. Olympic Games Token (OGT): Solana-based token focused on fan engagement, athlete support, and sustainability, launching July 26, 2024. Olympic Game Doge (OGD): BNB Chain token with deflationary tokenomics and a clear roadmap for long-term growth. The Meme Games ($MGMES) The Meme Games ($MGMES) is officially designated as the meme coin of the 2024 Olympics. Based on the Ethereum blockchain, combines humor with innovative tokenomics, aiming to capitalize on its Olympic association for global recognition.   Key Features Unique 169-Meter Dash Event: Features five iconic meme coin characters – Dogecoin, Pepe, Floki, Turbo, and Dogwifhat – in a virtual race. 25% Bonus: Investors can win a 25% bonus if their chosen character wins. Staking Feature: Offers an impressive 1,218% APY, attracting significant investor interest. With the presale raising $130,000 within the first 24 hours and concluding on September 8, 2024, $MGMES is poised for a strong market entry. The combination of Olympic hype and innovative features makes it a compelling investment.   PlayDoge ($PLAY) PlayDoge ($PLAY) is an Ethereum-based crypto gaming project that merges meme culture with '90s nostalgia. It offers a Tamagotchi-like experience for the Web3 era.   Key Features Mobile Game: Players care for a virtual Doge pet and earn PLAY tokens. Mini-Games and Leaderboards: Enhances user engagement and token-earning potential. Staking Program: Offers an annual yield of 84%, higher than most staking coins. Endorsed by prominent crypto traders and YouTubers, PlayDoge is set to attract early supporters with its engaging ecosystem and high earning potential. Its roadmap includes a DEX launch and listings on CEXs, making it a promising investment.   Mega Dice Token ($DICE) Mega Dice Token ($DICE) is the native currency for Mega Dice, a Solana-based online gaming platform. It offers token holders a stake in the platform’s profits.   Key Features Profit-Sharing: Investors receive daily rewards based on the platform’s performance. Exclusive Access: Grants access to premium content and limited-edition NFTs. Airdrop Campaign: Distributing $2.25 million across three seasons, incentivizing participation. With over $1.6 million raised in its presale and a strong community, $DICE offers a unique profit-sharing model. The staking app and airdrop campaign further enhance its attractiveness as an investment.   Solympics (SOLYMPICS) Solympics (SOLYMPICS) is an Olympics-themed Solana memecoin, capturing the excitement of the Games with its branding and marketing.   Key Features Rapid Price Surge: Skyrocketed 412.75% in 24 hours. High Visibility: Trending on Dexscreener and capturing attention despite controversy over token distribution. Despite concerns about a potential rug pull, the initial excitement and significant price increase indicate strong interest. Its alignment with the Olympics theme makes it a potential high-gain investment during the Games.   Read more: What Is Pump.fun, and How to Create Your Memecoins on the Platform?   Gold Medal Token (OlympicGM) Gold Medal Token (OlympicGM) is designed to make investors feel like champions in a blockchain-based Olympics. It combines the thrill of competition with the excitement of the Olympics.   Key Features Predict and Win: Investors can predict Olympic champions and earn rewards. Exclusive Club: Join an elite group of digital athletes and diversify your portfolio with this unique token. Exciting Airdrops: Engages users with regular airdrops and interactive events. Launching on July 26, 2024, OlympicGM offers a unique blend of entertainment and investment. Its focus on engaging users through predictions and rewards makes it an attractive option during the Olympics.   Olympic Games Token (OGT) Solana-based Olympic Games Token (OGT) aims to enhance fan engagement and support athletes, with its launch tied to the 2024 Olympics.   Key Features Fan Engagement: Token holders can participate in exclusive events and vote on athlete awards. Athlete Support: Proceeds from token sales support athletes. Sustainability Initiatives: Funds eco-friendly projects aligned with the Paris 2024 commitment to sustainability. With its launch on July 26, 2024, $OGT leverages the Olympic spirit to attract a global audience. Its unique focus on fan engagement and sustainability makes it an appealing investment during the Olympics.   Olympic Game Doge (OGD) Olympic Game Doge ($OGD) is a rapidly growing community token on the BNB Chain, designed to restore trust in the market and provide various benefits to its holders.   Key Features Community-Driven: Focuses on building a robust and supportive community. Deflationary Tokenomics: Employs techniques like auto-burn and buyback to ensure continuous growth. Extensive Roadmap: Includes new partnerships, exchange listings, staking platform, NFTs, and large marketing campaigns. With a clear roadmap and strong community support, $OGD aims to become a beloved and successful project. Its unique deflationary tokenomics and focus on community engagement make it a standout choice for investors looking for long-term growth and stability.   Conclusion As the Paris 2024 Olympics ignite global excitement, these Olympics-themed memecoins present interesting investment opportunities. From innovative gaming features to profit-sharing models, $MGMES, $PLAY, $DICE, SOLYMPICS, OlympicGM, $OGT, and $OGD are poised to capture the attention of crypto enthusiasts and investors alike. However, it's important to remember that investing in cryptocurrencies, particularly memecoins, carries significant risks due to their volatility and speculative nature. Potential investors should conduct thorough research and consider their risk tolerance before investing in these tokens. Read more: Top PolitiFi Tokens to Watch During the US Presidential Elections

The United States listed spot Ether exchange-traded funds (ETFs) saw a remarkable start, generating around $1.08 billion in cumulative trading volume on their first day. This volume represents roughly 23% of what the spot Bitcoin ETFs experienced on their opening day.   Quick Take Ether ETFs generated $1.08 billion in trading volume on their debut. The inflows to the new ETFs were substantial, overcoming outflows from Grayscale's converted trust. Grayscale and BlackRock led with $458 million and $248.7 million, respectively. Fidelity and Bitwise rounded out the top four with significant volumes. Analysts predict continued strong performance and inflows of up to $325 million in Grayscale’s ETHE. The launch of spot Ether ETFs follows the US securities regulator’s approval of the final S-1 forms, enabling their listing on platforms like Nasdaq, NYSE Arca, and Chicago Board Options Exchange.   Ether ETFs Debut with Over $1B Trading Volume  Ethereum ETFs total trading volume on July 23 | Source: X   The Grayscale Ethereum Trust (ETHE) and BlackRock’s iShares Ethereum Trust (ETHA) were the top performers, with trading volumes of $458 million and $248.7 million, respectively. Preliminary data from Bloomberg ETF analyst Eric Balchunas highlighted these figures.   Following closely were Fidelity’s Ethereum Fund (FETH) and Bitwise’s Ethereum ETF (ETHW), which posted $137.2 million and $94.3 million in volumes. However, the 21Shares-issued spot Ether ETF lagged, failing to reach the $10 million mark.   Balchunas described the $625 million volume from the “Newborn Eight” products — excluding Grayscale’s ETHE — as “healthy” and anticipated a significant portion converting to inflows.   James Seyffart, another Bloomberg ETF analyst, expects inflows between $125 million and $325 million, depending on the number of investors firms had lined up. For context, spot Bitcoin ETFs saw $655.2 million in inflows on their first trading day, including a $95 million outflow from Grayscale’s converted Bitcoin product.   Strong First-Day Inflows of Over $106M Despite Grayscale Outflows Ethereum ETF inflows | Source: Cointelegraph    The new Ether ETFs posted a net inflow of $106.6 million on their first day, despite significant outflows from Grayscale’s freshly converted Ethereum Trust. BlackRock’s iShares ETF (ETHA) led with $266.5 million in inflows, followed by Bitwise’s Ethereum ETF (ETHW) with $204 million. Fidelity’s Ethereum Fund (FETH) secured third place with $71.3 million.   These inflows were sufficient to offset the $484.9 million outflow from Grayscale’s Ethereum Trust, which now allows investors to sell shares more easily due to its conversion to a spot ETF.   Several ETF Issuers Waive Fees Temporarily Ethereum ETF issuers waive fees | Source: X   Several firms, including Fidelity, 21Shares, Bitwise, Franklin, and VanEck, have waived fees on their ETFs temporarily or until reaching a specific amount in net assets. Most spot Ether ETFs will offer a base fee between 0.15% and 0.25% after this period. Notably, ETHE’s fee remains at 2.5%.   BlackRock is offering a discounted fee of 0.12% for the first 12 months or until the fund reaches $2.5 billion in net assets. The Grayscale Ethereum Mini Trust follows a similar structure.   Bitcoin ETFs vs. Ether ETFs: Comparing Dynamics In January, spot Bitcoin ETFs faced a similar dynamic, with Grayscale’s Bitcoin Trust seeing over $17.5 billion in outflows following the launch of 11 spot BTC funds. Analysts expect the introduction of Ether ETFs to similarly drive institutional participation and broader adoption of digital assets.   However, Bloomberg's Eric Balchunas suggests that Ether ETFs may initially play a secondary role to Bitcoin ETFs in terms of inflows. He notes that Bitcoin’s narrative is simpler to explain to traditional investors compared to Ethereum’s complex ecosystem.   Read more:  Best Ethereum ETFs to Watch in 2024 Best Spot Bitcoin ETFs to Buy in 2024 Nansen Launches Ether ETF Dashboard Nansen, a blockchain analytics provider, launched the industry’s first Ether ETF analytics dashboard, offering real-time insights and data for traders. This tool aims to enhance transparency and provide crucial information on ETF flows.   Edward Wilson, an analyst at Nansen, believes that the new ETFs could introduce substantial new capital into the crypto space. He anticipates that Ether ETFs might capture about 25% of the assets under management (AUM) of current spot Bitcoin ETFs.   How Will the Spot Ethereum ETFs Impact ETH Price and Supply Dynamics?  ETH/USDT price chart | Source: KuCoin    The introduction of these ETFs is expected to drive up the price of ETH due to increased demand. Unlike Bitcoin, a significant portion of ETH is locked in staking and smart contracts, contributing to its scarcity and potential for sharper price movements.   The SEC’s restriction on staking ETF-held ETH could lead some investors to prefer direct staking over ETFs, potentially moderating the demand for ETFs. Nevertheless, the distinct audiences for direct ETH holding versus ETF investments will likely persist.   Read more: What’s the Ethereum Price Prediction After SEC Approves Spot Ether ETFs?   Conclusion The approval of spot Ether ETFs by the SEC marks a significant milestone for Ethereum, potentially attracting a broader range of investors and significantly influencing its market dynamics. As the market adjusts, the interplay between direct ETH holding, staking, and ETF investments will play a crucial role in shaping the future of the Ethereum ecosystem. Investors should remember that all investments carry risks, and it's essential to conduct thorough research and consider these risks before making any investment decisions.

After years of regulatory hurdles and numerous amended filings, spot Ethereum ETFs are finally arriving. For the first time, shares of publicly traded Ethereum (ETH) ETFs will be listed alongside giants like Apple Inc. (AAPL) and SPDR S&P 500 ETF Trust (SPY) on some of the United States’ most popular brokerage platforms.   Quick Take  Spot Ethereum ETFs are set to debut on major U.S. exchanges on July 23, 2024. Nine ETFs with different fee structures will be available through major brokerage platforms. Staking isn't included in the initial offerings. This landmark event is a significant milestone for cryptocurrency markets, offering a new opportunity for millions of US institutional and retail investors.   When Will Spot Ether ETFs Be Available? The Chicago Board Options Exchange (CBOE) has confirmed July 23 as the launch date for the five ETFs assigned to trade on its platform:   21Shares Core Ethereum ETF Fidelity Ethereum Fund Invesco Galaxy Ethereum ETF VanEck Ethereum ETF Franklin Ethereum ETF A comparison table of the first 9 spot ETH ETFs | Source: Cointelegraph    Read more: Best Ethereum ETFs to Watch in 2024   The remaining four ETFs are expected to trade on either Nasdaq or New York Stock Exchange (NYSE) Arca around the same date.   Where Can You Buy Ethereum ETF Shares? The short answer is almost any major brokerage platform. Each of the spot ETH ETFs set to list in late July has obtained regulatory approval to trade on a major U.S. exchange such as Nasdaq, NYSE Arca, or CBOE BZX. Investors will be able to trade these ETFs through well-known brokerages like Fidelity, E*TRADE, Robinhood, Charles Schwab, and TD Ameritrade.   Nine spot Ether ETFs are set to begin trading. Despite their similarities in structure—each holding spot ETH with a qualified custodian and benefiting from standard investor protections—the deciding factor for many investors will be fees.   Fee Comparisons For eight of the nine ETFs, management fees range from 0.15% to 0.25%. However, the Grayscale Ethereum Trust (ETHE), which started trading under a different fund structure in 2017, charges a significantly higher fee of 2.5%.   Most Ethereum ETFs are temporarily waiving or discounting fees to attract investors. The Grayscale Ethereum Mini Trust (ETH) leads the pack with the lowest management fees of 0.15%, waived entirely for the first six months or until the fund reaches $2 billion in assets under management (AUM).   Franklin Templeton’s Franklin Ethereum ETF (EZET) offers a competitive 0.19% fee, waived through January 2025 or until the fund clears $10 billion in AUM.   Will Spot Ether ETFs Offer Staking? The short answer here is "No." Staking involves depositing ETH to a validator node on Ethereum’s Beacon Chain, earning rewards but risking forfeited collateral if the validator misbehaves. While staking significantly boosts returns, regulatory concerns around liquidity have kept it off the table for now.   Issuers like Fidelity, BlackRock, and Franklin Templeton have sought approval to add staking to spot ETH ETFs, but the SEC has denied these requests. Staked ETH typically takes days to withdraw, creating potential issues for promptly redeeming ETF shares.   Market Predictions: Ethereum Price to Touch $5,000 by End-2024? Cboe, the Chicago Board Options Exchange, will list five new Ether ETFs on July 23, pending regulatory approval. The ETFs from 21Shares, Fidelity, Franklin, Invesco Galaxy, and VanEck will trade on the BZX Exchange. The SEC approved Form 19b-4 filings for these ETFs in May, but the funds still require S-1 registration statement approval to launch.   Analysts predict initial volatility post-ETP launch but expect a positive overall trend. The introduction of spot Ethereum ETFs is anticipated to significantly impact Ether prices, potentially driving ETH above $5,000 by year-end.   Wall Street’s Ether Price Prediction of $8,000 Wall Street has varying outlooks on how Ethereum will move once ETFs launch. Standard Chartered has projected that Ether will hit $8,000 by the end of the year, driven by ETF inflows estimated between $15 billion to $45 billion within 12 months.   JPMorgan and Citi predict more modest inflows compared to Bitcoin's ETFs, citing Bitcoin's first-mover advantage and Ether’s unique functionalities that aren't accessible through ETFs, like staking.   However, firms like Steno Research and Galaxy Digital anticipate strong inflows, suggesting Ether could achieve significant gains even without matching Bitcoin’s ETF flows.   Read more: Ethereum Spot ETF Likely Starts Trading on July 23: Price Prediction   Current Ethereum Price Faces Support Level at $3,400 ETH/USDT price chart | Source: KuCoin    As Ethereum prepares for the ETF launch, its price has been experiencing notable movements. On July 21, Ethereum's price peaked at $3,529, consolidating within a narrow channel between $3,450 and $3,550 over the weekend. This stability indicates a strong psychological support level around $3,400.   However, bear traders have mounted $704 million in short contracts, anticipating a "sell-the-news" scenario following the ETF launch. This high volume of short positions has contributed to Ethereum's price stagnation, contrasting with Bitcoin's recent gains.   Technical indicators suggest a cautious outlook. The Bollinger Bands show a contracting range, indicating lower volatility and potential consolidation. The upper band is at $3,631.12, and the lower band is at $2,852.28, outlining critical resistance and support levels. Bulls need to maintain the $3,400 support level to prevent further declines. If this support fails, the next key support zone lies around the lower Bollinger Band at $2,852.   The RSI (Relative Strength Index) reads 58.34, close to overbought conditions, suggesting limited upside before a potential correction for the short term.   Conclusion The debut of spot Ethereum ETFs marks a significant moment for the crypto industry. While initial market reactions may vary, the long-term outlook suggests that these ETFs could attract substantial new investments in Ether. Investors should remain aware of the potential risks and conduct thorough research before making any investment decisions.   Read more: What’s the Ethereum Price Prediction After SEC Approves Spot Ether ETFs?

On Thursday, July 18, 2024, Indian cryptocurrency exchange WazirX detected a severe security breach involving its Safe Multisig wallet on the Ethereum network. The breach resulted in unauthorized transfers of approximately $234.9 million worth of digital assets to a new address, according to a report from Cointelegraph.   Quick Take  WazirX's Safe Multisig wallet on Ethereum has been compromised, resulting in the transfer of over $230 million worth of crypto assets, including SHIB, ETH, and MATIC.  In response, WazirX pauses all withdrawals to protect user funds. Both Cyvers and ZachXBT are actively investigating the breach.   Cyvers’ alert about WazirX hack | Source: X    The security breach was first reported by Web3 security firm Cyvers. According to Cyvers, the funds were transferred from WazirX’s wallet to a new address, which had been funded by Tornado Cash, a decentralized protocol known for private transactions.   List of crypto assets stolen in WazirX hack | Source: LookOnChain on X   The moved funds included a mix of Shiba Inu (SHIB), Tether (USDT), Pepe (PEPE), and Gala (GALA), which were subsequently swapped into Ether (ETH).   Further Analysis by ZachXBT: Over $100M SHIB Stolen On-chain investigator ZachXBT provided additional insights into the wallet's holdings. According to ZachXBT, the suspected primary attacker still holds significant amounts of various cryptocurrencies, including:   $100 million in Shiba Inu (SHIB) $52 million in Ethereum (ETH) $11 million in Polygon (MATIC) $4.7 million in Floki Inu (FLOKI) $3.2 million in Fantom (FTM) $2.8 million in Chainlink (LINK) $2.3 million in Fetch.ai (FET) WazirX’s Response Source: WazirX on X    In response to the breach, WazirX has temporarily suspended all cryptocurrency and INR withdrawals on the platform to safeguard user assets. In an official X post, the exchange acknowledged the incident, stating:   "We are aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident. To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused."   Potential Links to High-Profile Hacks The breach's association with Tornado Cash has raised concerns about the attack's potential links to high-profile hacking groups. Deddy Lavid, CEO of Cyvers, noted similarities between this breach and previous attacks attributed to the notorious Lazarus Group, a North Korean state-sponsored hacking collective.   Both Cyvers and ZachXBT are actively monitoring the situation. The compromised funds' swift movement and conversion into different digital assets suggest an attempt to launder the stolen assets.   Broader Implications for the Crypto Market This breach marks the second-largest crypto hack of 2024, following the DMM Bitcoin security breach in May. The incident highlights the growing need for robust security measures in the crypto industry, especially for exchanges handling large volumes of digital assets.   Conclusion As WazirX actively investigates the breach, it's still early to determine whether the stolen funds can be fully recovered or if user funds have been affected.  The full impact of the breach remains uncertain and users are advised to stay informed through official updates from WazirX as the situation develops.