The Block
Fantasy.top and pump.fun have secured sixth and seventh positions, respectively, in the top ten crypto protocols based on fees generated.
Perpetual swap inventor BitMEX has launched options trading on its platform in collaboration with PowerTrade.BitMEX aims to capture a significant market share from the dominant crypto options platform Deribit, incentivizing users with zero fees and cash rewards initially.
Lyra Finance unveiled a new token, LDX. A snapshot of existing Lyra token holders was taken on May 8. The team plans to convert Lyra holders’ balances 1:1 to LDX. The token is expected to roll out in the third quarter.
Donald Trump is scheduled to meet supporters who purchased a large amount of his NFTs for dinner on Wednesday, Axios reported. Trump is currently facing a criminal trial in New York.
The FTX estate is offloading its third tranche of locked Solana this week. The estate is in the process of selling around 41 million locked SOL.
Ark Invest offloaded another 70,616 Coinbase shares on Tuesday — worth $15.1 million — as the investment firm continues to rebalance its fund weightings.Ark’s latest COIN sales are the most significant since April 11, when the investment firm offloaded $20.4 million worth of the stock.
Bitcoin long liquidations have spiked above $30 million in the past 24 hours.Bitcoin’s price has dipped over 3% during this time, currently trading at $62,300.
While every other spot bitcoin ETF had inflows or no flows, GBTC’s significant outflows overpowered the market.
Quick Take Vitalik Buterin and co-authors proposed EIP-7702 as an alternative to EIP-3074 to refine Ethereum’s account abstraction. It lets EOAs temporarily act as smart contract wallets during a transaction and revert to their original state afterward.
LocalMonero said it is closing down after nearly seven years of operation due to “internal and external factors.”Privacy coins like Monero have recently been delisted by major centralized exchanges.
