Risc Zero’s ‘Boundless’ Incentivized Testnet Goes Live
Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (which it is calling “Mainnet Beta”) on Base, Coinbase’s Ethereum layer-2 network. With Boundless’ incentivized testnet, developers can build and test applications in an environment as if the protocol is in fully live...
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USDC Holders Can Now Earn Yield on Crypto Options Exchange Deribit
Deribit, the world’s largest crypto options exchange, has announced a new rewards program for eligible USDC holders to enhance users’ collateral choices and boost overall capital efficiency on the platform. These payments are possible because Deribit leverages Coinbase as a custody solution for USDC and Coinbase, in turn, pays...
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U.S. June CPI Rose an In Line 0.3%; Core Rate Slightly Better Than Hoped at 0.2%
Inflation in the U.S. perked up in June but was mostly in line with expectations, perhaps helping to set the stage for another Federal Reserve rate cut as soon as September. The headline Consumer Price Index (CPI) rose 0.3% last month versus economist forecasts of 0.3% and just 0.1%...
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PEPE Falls 3% as Heavy Selling Overwhelms Bounce Attempts Despite Whale Accumulation
PEPE shed nearly 3% in the past day as traders dumped tokens in unusually high volumes, underscoring renewed anxiety in the cryptocurrency space and significant profit-taking. PEPE fell 3% with volatility hitting 7.74%, according to CoinDesk Research’s technical analysis data model. The token saw peaks of $0.00001268 before tumbling...
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99% Of Bitcoin Holders Are In Profit: Is BTC Dipping Because Some Are Cashing Out?
Bitcoin (CRYPTO: BTC) is trading around $117,000 after a brief pullback from its all-time high, with on-chain and technical indicators painting a complex picture of bullish momentum tempered by looming profit-taking pressure. What Happened: According to blockchain analytics firm Glassnode and technical research firm Fairlead Strategies, recent developments suggest...
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PEPE Price Prediction: Falling Channel Says A 75% Surge Is Coming
As the crypto market moves into the green once again, meme coins like PEPE are beginning to see upside, with the promise of major breakouts becoming stronger by the day. PEPE, in particular, has been flashing bullish for a while now as momentum continues to rise with a solid...
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1INCH price surges 75% in a week as 1inch Swap DEX hits $700B volume
1INCH price has rallied to $0.39 after breaking extended consolidation, boosted by the $700B milestone in DEX volume. However, bearish RSI divergence raises risk of breaking the established uptrend structure if the price falls below the $0.30 support. 1inch (1INCH)…...
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Function raises $10M seed round led by Galaxy to launch first fully reserved, composable Bitcoin yield product
Crypto infrastructure firm Function has secured $10 million in seed funding to scale FBTC, its fully reserved Bitcoin product, amid rising demand for BTC-based yield solutions. Crypto infrastructure firm Function, previously known as Ignition, has successfully raised $10 million in…...
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Vitalik Buterin: L2s should maximize the use of L1 security tools
Ethereum co-founder Vitalik Buterin advocates for the optimization of Layer1 security and decentralization features to streamline how builders develop Layer2s. In a recent X post, Buterin comments on a take about how alternative Layer1s eventually end up becoming Layer2s overtime.…...
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Pump.fun’s $1.32B token launch draws criticism over utility and liquidity risks
Despite raising $1.32B in one of Solana’s largest meme coin sales, Pump.fun’s PUMP token faces criticism for lacking utility and risking sharp volatility in a fragile altcoin market. Pump.fun recently completed its highly successful PUMP token sale, raising an estimated…...
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