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The Daily: Microsoft-backed startup's $20 million raise, Aave Labs' proposed integration with BlackRock's BUIDL, MakerDAO's rebrand and more

Microsoft-backed blockchain and AI startup Space and Time raised another $20 million. Aave Labs proposed integrating BlackRock’s BUIDL with the GHO stability module. MakerDAO rebranded to Sky, with the DAI stablecoin optionally upgradeable to USDS. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 27/08/2024 - 17:52 PM

Solana daily transaction fees drop to multi-month low as memecoin hype cools

Solana's daily transaction fees and memecoin trading have significantly declined, indicating reduced network activity and cooling hype around memecoins, mirroring trends seen in past crypto cycles.

theblock.co • 26/08/2024 - 11:35 AM

Tron-based SunPump memecoin generator flips PumpFun in daily revenue

SunPump, a memecoin generator on the Tron network, surpassed PumpFun in daily revenue, gaining traction and showcasing market fluctuations, while Justin Sun promotes its features.

theblock.co • 22/08/2024 - 08:16 AM

Memecoins lead crypto rebound as Solana-based DeFi recovers

The article discusses the rebound of the crypto and memecoin markets after recent volatility, highlighting significant gains and potential trading opportunities, especially for Solana-based tokens.

theblock.co • 07/08/2024 - 13:46 PM

Solana memecoin market cap suffers double-digit drop

The Solana memecoin market cap fell over 16% amid global market turmoil, alongside a 10% drop in transaction activity and a 27% decrease in DeFi value locked.

theblock.co • 05/08/2024 - 16:18 PM

MEMECOINS

UPDATE: MakeNowMeme’s X account briefly suspended, now back online

MakeNowMeme's account on social media platform X was suspended, impacting Solana-based memecoin launches. The account has since been restored, with minting and replies now active.

theblock.co • 02/08/2024 - 09:06 AM

Bitcoin to benefit from 'the Trump trade' ahead of November US elections, analysts say

Bitcoin may surge leading to November elections due to Trump's anticipated victory, while Kamala Harris gains support and influences memecoin market.

theblock.co • 22/07/2024 - 13:49 PM

MEMECOINS

Neiro gains 15% in a day: Mapping its road to $0.00061

Neiro has experienced a strong upward momentum hiking 15% over the past day defying crypto market trend.

ambcrypto.com • 01/01/1970 - 00:00 AM

MEMECOINS

Memecoins bleed out over 51% in 2 months – Is there any hope for the sector?

Memecoins have plunged over 50% due to fading interest and bearish sentiment, with DOGE and SHIB significantly affected. Bitcoin remains more stable amidst market chaos.

ambcrypto.com • 01/01/1970 - 00:00 AM

Currency