DFINITY Launches Wallet-Free Verified Credentials for Enhanced Privacy and Control According to Odaily, DFINITY has announced the launch of Verified Credentials, a tamper-proof digital identity solution that enables personal data sharing while maintaining privacy and control. This innovative solution does not require a wallet for operation, marking a significant step in the field of digital identity solutions. $ICP
Ripple-Backed XRPLedger Announces Official Name of Upcoming Sidechain According to Odaily, the blockchain network supported by Ripple, XRPLedger, has revealed the official name of its forthcoming sidechain, dubbing it 'XRPL EVM Sidechain'. The network has also announced that it will launch with Axelar as its exclusive bridging protocol. The interoperability platform Axelar will allow users to exchange their XRP for wrapped XRP (eXRP), which will also serve as the native token for gas fees on the sidechain.$XRP
Marathon Digital Sells 1200 BTC, Possibly To Cover Operational Costs According to Odaily, Ki Young Ju, the CEO of CryptoQuant, has reported that Marathon Digital, the largest Bitcoin mining company, sold 1200 BTC yesterday. This sale marks the highest single-day over-the-counter transaction volume for the company since the end of March. It is speculated that the sale was made to cover operational costs.$BTC
Solana Foundation Removes Validators Involved In 'Sandwich' Attacks According to Foresight News, the Solana Foundation has announced the removal of a group of validator operators from its delegation program. This action was taken in response to their involvement in 'sandwich' attacks on Solana users. Mert Mumtaz, the co-founder of Solana RPC provider Helius, explained that this move will ensure that the foundation does not delegate to validators who carry out malicious sandwich attacks on retail users. A 'sandwich' attack is a type of malicious activity where an attacker manipulates the price of a cryptocurrency by executing trades in quick succession. This type of attack can cause significant financial loss for the targeted users. The Solana Foundation's decision to remove the implicated validators from its delegation program is a step towards safeguarding $SOL
UNCX Network Becomes Official Validator On Avalanche, Plans To Launch More Nodes According to Odaily, UNCX Network, a decentralized multi-chain service provider, recently announced on platform X that it has become an official validator on Avalanche. The first node has already been launched and there are plans to launch three more nodes over the next nine months. $AVAX
UNCX Network Becomes Official Validator On Avalanche, Plans To Launch More Nodes According to Odaily, UNCX Network, a decentralized multi-chain service provider, recently announced on platform X that it has become an official validator on Avalanche. The first node has already been launched and there are plans to launch three more nodes over the next nine months. $AVAX
Ethereum(ETH) Surpasses 3,800 USDT with 0.28% Gain in 24 Hours On June 02, 2024, 11:50 (UTC). According to Binance Market Data, Ethereum has crossed the 3,800 USDT benchmark and is now trading at 3,802.800049 USDT, with a gain of 0.28% in 24 hours.$ETH
Nigeria Tops Interest in Bitcoin, Followed by El Salvador According to Odaily, Google Trends data reveals that Nigeria has the highest interest in Bitcoin, followed by El Salvador. Regions with lower security levels, lower bank penetration rates, and a higher proportion of millennials are more likely to adopt Bitcoin as a reliable store of value and convenient means of payment. The Nigerian government has recently taken steps to address economic difficulties and prevent currency collapse. In May 2024, the Nigerian government began preparations to introduce new regulations prohibiting peer-to-peer (P2P) transactions between the national currency and cryptocurrencies.$BTC
Jupiter Integrates deBridge Widget on Solana Chain According to Foresight News, Jupiter has announced the integration of the deBridge widget on the Solana chain. This development will provide deep liquidity and native cross-chain transactions. This integration is a significant step towards improving the functionality and efficiency of the platform. $JUP $SOL