Will NEAR become the Blockchain Operating System of web3?

NEAR Protocol’s Blockchain Operating System (BOS) is a novel approach to the world of web3 that looks at the entire blockchain ecosystem and attempts to create a framework to abstract “janky” usability and complex user journeys. Originally announced in October 2022 and followed by the launch of the first gateway in May 2023, the BOS initially…

Cardano node upgrade to boost performance amid rising DeFi interest

Cardano recently released Node 8.1.1, which is expected to enhance the performance of Cardano’s network, especially for stake pool operators (SPO.) The upgrade, released to Cardano’s mainnet on June 19, offers significant improvements in epoch boundary performance and corrects previous concerns with P2P/DNS. The Cardano GitHub states, “All SPOs are strongly encouraged to update.” Cardano…

Crypto platform Bakkt drops Cardano, Polygon, Solana as SEC scrutiny intensifies

Bakkt is the latest U.S.-based crypto platform to delist Cardano, Polygon, and Solana because of the recent regulatory uncertainty surrounding these assets, Fortune reported on June 16. Bakkt’s general counsel and secretary Marc D’Annunzio reportedly said: “[Bakkt is taking this measure] until there is further clarity on how to compliantly offer a more extensive list…

Daily active users and transaction count on Arbitrum has increased post airdrop

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Robinhood pulls the plug on MATIC, SOL, ADA amid SEC crackdown

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Coinbase has no plans to delist assets or end staking service

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Cardano company Input Output says ADA is not a security

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Multichain’s MULTI soars 30% as cross-chain bridge services resume

Multichain Network token MULTI  rose nearly 30% after several users confirmed that the cross-chain bridge services resumed operation on its official Telegram channel on June 5. According to CryptoSlate’s data, MULTI reached as high as $4.89 before retracing to $4.39 at the time of writing. Multichain resumes operation On June 5, Multichain’s VP Tung Dinh corroborated the…

Tron’s TRX now live on Ethereum via BitTorrent bridge, boosting DeFi access

Tron’s TRX is available on Ethereum (ETH) after leveraging BitTorrent (BTT) Bridge to gain access to the largest decentralized finance (DeFi) ecosystem in the industry. In a May 2 tweet, Tron Network founder Justin Sun said TRX was “fully accessible within the Ethereum ecosystem” and included the contract address for the token. TRX is Tron’s…