Chain News Daily Today TheBitTimes.com

Top US crypto exchange Coinbase has added a yet-to-be-launched Ethereum (ETH) restaking project to its roster of potential upcoming listings. In an announcement, Coinbase says that it has added EigenLayer (EIGEN) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed. EigenLayer aims to provide restaking services for ETH stakers. Users that stake ETH can opt in to EigenLayer and rehypothecate their coins on its network to use for other applications. The advent of restaking and other liquid staking derivatives allows users to stake their coins without forgoing other opportunities while doing so, increasing capital efficiency and value accrual to the token. According to Ethereum development firm Consensys, EigenLayer has the potential to improve Ethereum’s fee model. “In short, this model creates a flow of value that grows along with the network: Ethereum supplies security to all of the

The Moo Deng price has soared 62% in the last 24 hours to trade at $0.2549 as of 6:15 p.m. EST on a 103% surge in trading volume to $165 million. The rising popularity of Moo Deng, a pygmy hippo from Thailand, has caused the hippo-themed token MOODENG to soar in value. Its remarkable growth has propelled MOODENG into the top 250 cryptocurrencies with a market capitalization of $248 million. Moo Deng the most beautiful girl in the world pic.twitter.com/GpxP62Z18p — 💖 (@twaniimals) September 26, 2024 The lovable baby hippo, whose name translates to “bouncy pork” in Thai, became a global sensation following her birth in July 2024. Adorable social media posts by her zookeeper quickly won over fans worldwide, leading to her image becoming ubiquitous across memes, merchandise, and even advertisements. Moo Deng Price Continues The Uptrend Along The Parabolic Curve The MOODENG/USD price on the 4-hour chart shows a strong upward trend driven by a bullish momentum. According to GeckoT

In the rapidly evolving blockchain landscape, cross-chain solutions are essential for enhancing interoperability among different networks. BNB Chain, a leading blockchain ecosystem, is at the forefront of this movement, leveraging advanced technologies to connect various blockchains seamlessly. Artificial intelligence (AI) plays a pivotal role in this process, facilitating communication and data exchange across disparate networks. AI algorithms analyze transaction patterns and user behaviors, enabling more efficient routing of cross-chain transactions. By predicting network congestion and potential bottlenecks, AI can optimize the flow of data, ensuring swift and secure transfers. Additionally, AI-driven smart contracts can automate complex operations, reducing the need for intermediaries and minimizing errors. Moreover, AI enhances security by continuously monitoring transactions for anomalies and potential threats. This proactive approach not only safeguards users but also builds tru

Head of Macro Research Julien Bittel predicts that an Ethereum surge is still possible, and the asset can hit the $20,000 price mark. Bittel says that Ethereum’s current market structure resembles previous patterns seen in 2023, and following these patterns could result in a similar rally. Ethereum’s price action is exhibiting signs of consistent accumulation, according to data from TradingView. This accumulation is a positive sign, as mass accumulation is often the predecessor of a significant breakout. According to Bittel’s forecast, prices will rise parabolically and resume their historical pattern from last year. ETH is currently trading at $2,638.96 at press time, up 6% in the past week. However, $3,000 has served as the ultimate resistance level for the asset. The cryptocurrency market has benefitted from bullish momentum due to the growing adoption of crypto. Bitcoin is on the rise right now thanks to the resurgence of crypto ETFs, as well as crypto being a topic of conversatio

Shiba Inu (SHIB), a popular meme-based altcoin, has experienced a very notable price surge in the last 24 hours. The asset is in the middle of a rally that has driven prices up by 14.40% at press time. The marketing lead of SHIB, ‘Lucie’, revealed that a stablecoin for the Shibarium ecosystem was in the works in an X post earlier today. The SHI Stablecoin: A Key Development for Stability and Utility in the Shibarium Ecosystem The SHI stablecoin is a crucial development within the Shib ecosystem, currently in the works and not yet released. Its introduction is expected to significantly enhance the Shibarium… pic.twitter.com/UyrJgnYR45 — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 26, 2024 Over $1 billion in market cap added to SHIB The market reacted to the announcement quite positively — the 14.40% increase in price corresponds to just a little over $1 billion added to SHIB’s market cap in 24 hours. Pi

Source: Binance In a significant development for cryptocurrency trading, Binance , the world’s leading cryptocurrency exchange, has launched a new feature called Binance Pre-Market . This innovative service enables users to trade selected tokens from the Binance Launchpool before their official spot market listings. This feature is the first of its kind in the industry, providing a unique opportunity for traders to engage with new projects earlier in their lifecycle. Introducing #Binance Pre-Market! Get early access to token price discovery. The first project announcement is coming soon! Learn more https://t.co/JiYKNSjPwX pic.twitter.com/uknjLlZMwy — Binance (@binance) September 25, 2024 What is Binance Pre-Market? Binance Pre-Market allows participants to buy and sell tokens that have been exclusively allocated to users from selected Launchpool projects. Users can secure their positions before these tokens are made available on the spot market, effectively ena

This article is an interview with Bybit CEO Ben Zhou during Token 2049 in Singapore. WuBlockchain has closely followed Bybit for a long time, from its early days when Bybit surpassed BitMEX by relying on product experience and no-KYC requirements, through its wild expansion and subsequent layoffs during the bear market, to its current focus on professional derivatives and spot trading, where it briefly held the second position, only behind Binance. Ben Zhou detailed the journey, candidly responding to many questions, including the reasons for their transformation, current strategy, views on TON’s rise, U.S. regulatory challenges, and Bybit’s corporate culture. Recently, Ben has also given many interviews. He joked that he’s the only founder of a major exchange who frequently gives interviews. This conversation was no exception, and he was very open and expressive. It’s important to note that the opinions expressed in this interview are solely those of the interviewee and do not represe

Caroline Ellison, the former co-Chief Executive (CEO) of Alameda Research, has been sentenced to two years in prison for her role in the approximately $8 billion stolen from FTX customers. The 29-year-old pleaded guilty to seven counts of fraud and conspiracy in the lead-up to former FTX chief Sam Bankman-Fried’s criminal trial. Despite facing a maximum 110 years, her lawyers have argued that Ellison’s key testimony for the prosecution should have resulted in no prison time at all. Ellison’s prison sentence is far less than her ex-flame Bankman-Fried, who received 25 years behind bars. US District Judge Lewis Kaplan explained that Ellison has been particularly cooperative, stating, “I’ve seen a lot of cooperators in 30 years. I’ve never seen one quite like Ms. Ellison ,” though he made sure to acknowledge her role in the fraud. Which FTX and Alameda executives are going to prison and when? Read more: Executive texts claim Deltec moved customer funds from FTX to Alameda This lev

Meme coins are rising again, and we’re here for the party! MEW and Popcat are seeing big price jumps lately, and we will explore them today. These fun digital coins are doing well even when other cryptocurrencies aren’t. Let’s dive right in and explore the reasons behind these meme coin surges! Also Read: Musk & Milei: Crypto Power Duo’s Bold Plans for Argentina MEW and Popcat Surge: A New Era for Meme Coin Investment Image Source: Watcher Guru MEW Gains Double Digits – MEW Surge Is On! ngl $MEW should be at the top of most ppls radar, they just got listed on revolut & upbit in the same 24 hr and its widely loved in asia, especially korea & the krw/mew pair drops soon not to mention the top 5 volume on most exchanges its listed on lol perma bull for $mew pic.twitter.com/0PPwOE03kI — Yelo (@yelotree) September 24, 2024 MEW , a cat-themed coin, increased 10.985% in one day to $0.005490. The trading chart above shows this jump, and we’re excited to see some action in the cat-t

The crypto market is a dynamic arena characterized by rapid shifts in price and a constant influx of innovative projects. As investors navigate this space, identifying top crypto gainers is crucial. This step maximizes returns and capitalizes on emerging trends. Today, we spotlight four outstanding tokens: PAAL AI, Aerodrome Finance, Compound, and Livepeer. Each of these tokens demonstrates remarkable growth. Moreover, they offer unique Features that resonate with the evolving needs of investors.   Biggest Crypto Gainers Today – Top List As we transition into the detailed Analysis of each token, let’s first highlight their recent price movements and impressive annual gains. In the last 24 hours, PAAL AI surged 17.26% to $0.270322. This showcases an astounding 1,701% increase over the past year. Meanwhile, Aerodrome Finance climbed 6.84%, driven by a Total Value Locked (TVL) exceeding $845 million. Consequently, it boasts a remarkable 2,446% gain year-to-date.  Additionally, Compo