XYO Network tops 10M DePIN nodes — Co-founder

XYO Network tops 10M DePIN nodes — Co-founder

Non-crypto native users comprise about 80% of participants in the decentralized physical infrastructure network. XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile…

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Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment

Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment

Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment’s Brian Quinlivan. Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment.  Two weeks ago, discussions around…

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Ethereum to simplify crosschain transactions with new token standards

Ethereum to simplify crosschain transactions with new token standards

Ethereum devs propose ERC-7930 and ERC-7828 to unify crosschain address formats and improve multichain UX. Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in…

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Ethereum bulls show interest as traders’ confidence in ETH’s .8K level improves

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

After a rough couple of months, data suggests that traders are finally becoming comfortable with ETH’s current valuation. Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open…

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SEC punts decisions on XRP, DOGE ETFs

SEC punts decisions on XRP, DOGE ETFs

The filings respond to March proposals by NYSE Arca and Cboe BZX Exchange to list ETFs from Bitwise and Franklin Templeton. The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings show.  The US regulator has delayed its deadline for…

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A16z leads M funding for Miden blockchain project

A16z leads $25M funding for Miden blockchain project

Miden, a zk-powered blockchain spun out of Polygon Labs, raised $25 million led by a16z to scale edge execution and support institutional blockchain adoption. A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx,…

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