Author: Dren.H

MetaMask updated privacy features and policy give users enhanced control and transparency over their personal data. MetaMask, developed by ConsenSys, has introduced significant updates to its privacy features, allowing users to customize their wallets according to their privacy needs. These updates come as part of a broader revision of ConsenSys’ privacy policy, aimed at enhancing user consent, transparency, and control over personal data. This article delves into the critical aspects of these changes and what they mean for MetaMask users. ConsenSys Privacy Policy Overhaul ConsenSys, the company behind MetaMask, has revamped its privacy policy to bolster user privacy and security.…

Over the next 30 days, over 40 crypto protocols will undergo more than $740 million worth of token unlocks. The cryptocurrency landscape will have a significant event over the next 30 days as more than 40 crypto protocols, including well-known names like Arbitrum, Optimism, Starknet, and Aptos, will release over $740 million worth of tokens. This release involves locked tokens, a common practice to prevent early investors and team members from selling off their holdings too quickly. Leading this wave of unlocks is the XaI protocol with its XAI token, which will see approximately $109 million worth of tokens enter…

Ronin is launching zkEVM to scale Web3 gaming, enhancing transaction capacity and fostering a unified gaming ecosystem. Gaming blockchain Ronin has unveiled the upcoming launch of Ronin zkEVM, a zero-knowledge (ZK) Ethereum Virtual Machine (EVM) layer-2 chain. This development, announced on June 18, is aimed at scaling Web3 games and facilitating the integration of more gaming experiences into its network. Built using a modified version of the Polygon Chain Development Kit (CDK) by Sky Mavis, this new ZK chain is set to enhance the permissionless environment and accommodate a significantly larger user base. Enhancing Scalability and User Experience The introduction…

BBVA emphasizes that adding Bitcoin and Ether to portfolios can significantly enhance returns, outperforming traditional indices like the S&P 500. BBVA has highlighted the significant benefits of incorporating Bitcoin and Ether into investment portfolios, suggesting that these digital assets can substantially enhance portfolio performance. Philippe Meyer, BBVA’s head of digital and blockchain solutions, emphasized this point during the Web3 Corporate Innovation Day, pointing out that even a small allocation to cryptocurrencies can make a notable difference in returns. Bitcoin’s Exceptional Performance in 2024 In 2024, Bitcoin has demonstrated remarkable performance, surpassing the S&P 500’s returns by a substantial margin. According…

A Taiwanese man faces charges for illegally betting on the 2024 Taiwan elections via the crypto platform Polymarket. A resident of Taiwan is facing legal repercussions for using the cryptocurrency betting platform Polymarket to gamble on the country’s 2024 elections. The Shilin District Prosecutor’s Office has accused a man, identified by his surname “Chen,” of placing bets on the election outcomes using USDC (USD Coin). Specifically, Chen wagered approximately $472 on the victory of the Taiwan People’s Party’s candidate, Ko Wen-je, in the presidential race. Additionally, he placed a $60 bet on the Democratic Progressive Party winning more legislative seats.…

A whale profited $3.7 million from selling $TRUMP tokens as memecoin values sharply declined amid market volatility. A major player in the memecoin market has capitalized on the downturn of the $TRUMP token, securing a hefty $3.7 million profit. This savvy investor, often referred to as a whale, managed to sell their holdings just in time as the memecoin began its steep decline. The whale, identified by the wallet address “0x52C0,” offloaded over 171,000 $TRUMP tokens in exchange for 414 Ether (ETH), valued at approximately $1.44 million within the last 24 hours. This transaction has resulted in an impressive return…

Bitcoin NFTs surpass Ronin in all-time sales, reaching $4.27 billion, and rank third after Ethereum and Solana. Bitcoin-based NFTs have surged ahead of the Ronin blockchain in all-time non-fungible token (NFT) sales rankings. CryptoSlam’s data reveals that Bitcoin NFTs reached a sales volume of $4,271,928,280, edging past Ronin’s $4,271,675,550. This leap has positioned Bitcoin NFTs as the third-highest in sales volume, following Ethereum and Solana. Significant Monthly Performance Over the past 30 days, Bitcoin-based NFTs have demonstrated impressive performance, recording $148 million in sales. This achievement places them second in monthly sales, trailing only Ethereum, which saw $157 million. Solana…

41% of top zkSync token recipients sold their airdrop, causing a 34.5% price drop since the token officially launched. In the latest update from blockchain analytics firm Nansen, it has been revealed that a significant portion of the top zkSync (ZK) token recipients have already sold their allocations. This development has contributed to a substantial drop in the token’s value. According to Nansen’s data, 41% of the top wallets that received the new ZK token on June 17 have liquidated their entire holdings. This sell-off has led to a sharp 34.5% decline in the token’s price since its debut. Analysis…

Altcoins experienced significant decline , possibly due to spot Bitcoin ETF outflows, amidst overall crypto market volatility. The cryptocurrency market faced a significant downturn on Monday, with several top altcoins experiencing double-digit decline. Analysts are at a loss to identify a single clear catalyst for this sudden drop, though some suggest it might be linked to recent outflows from spot Bitcoin ETFs. The overall market cap for cryptocurrencies fell to $2.46 trillion, marking a 3.5% decline within 24 hours. Among the hardest-hit were Shiba Inu (SHIB) and Avalanche (AVAX), which plummeted 12.7% and 10.6%, respectively, according to CoinGecko data. Uniswap…

TikTok introduces AI-powered avatars and dubbing tools to enhance and localize brand advertisements on its platform. TikTok has announced a groundbreaking addition to its Symphony ad suite: AI-powered digital avatars. This new feature, revealed on June 17, could revolutionize the way brands create and localize advertisements on the platform. AI-Driven Avatars and Dubbing TikTok’s latest tools include AI-generated “stock avatars” and a sophisticated AI dubbing feature. These innovations allow brands to produce and customize content with unprecedented ease. The stock avatars come from video footage of real actors, specifically licensed for commercial use. Brands can select from a variety of…