Avail Web3 Infrastructure Announces 600M AVAIL Token Airdrop

Avail, a new blockchain project that can be easily expanded with modules, makes an announcement: They’re giving away 600 million AVAIL tokens in the form of an airdrop to their user base. Users can now claim these tokens through the Avail Claims Portal, which is up and running. “The ‘Unification Drop’ project aims to bring … Read more

Polkadot Announces JAM Upgrade and 10 Million DOT Prize Pool

At Token2049 event, Gavin Wood, the creator of Polkadot blockchain, unveiled the Join-Accumulate Machine (JAM) update. Meanwhile, the Web3 Foundation revealed a reward of 10 million DOT for encouraging variety in JAM protocol development. This morning, @gavofyork introduced the JAM Gray Paper. JAM is a new protocol that combines features of Polkadot and Ethereum. It … Read more

Bitcoin Dips Below $60K Amid Escalating Middle East Tensions

On April 19, Bitcoin experienced a significant decline of 5.44% within a two-hour span, dipping below the crucial mark of $60,000 due to heightened geopolitical tension between Israel and Iran. The cryptocurrency’s value reached a low of $59,698 before quickly bouncing back up to $61,352. According to data from CoinGlass, around $243 million in long … Read more

Degen Chain Tops Ethereum TPS Charts with 35.7 TPS in 24 Hrs

Degen Chain, a tier-3 blockchain, set a new transaction speed record with 37.12 transactions per second (TPS) over the past 24 hours, outpacing its foundational blockchain’s 30.81 TPS by nearly 70%. This significant boost led to processing approximately 3.08 million transactions daily based on L2BEAT statistics. Although Degen Chain had a large number of transactions … Read more