TL;DR The drop of ASTR to $0.02 on April 7 led Astar to cut base staking rewards from 25% to 10% to stabilize APR. Astar raised the variable portion of staking rewards for dApps from 40% to 55%, ties issuance to TVL, and does not affect developers. It set a minimum issuance floor of 2.
Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem. On April 18, Astar Network announced that it has reduced the blockchain's base staking rewards from 25% to 10% to curb token inflation.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Astar, AltLayer, and EigenLayer partner to build a Fast Finality Layer for Soneium and slash finality by 98% to under 10 seconds. The post Soneium Slashes Finality by 98% With Astar Network, AltLayer, and EigenLayer appeared first on Cryptonews.
Noble plans to expand its capabilities by launching Applayer. AppLayer is an Ethereum-compatible rollup that will help developers to create RWA applications.
Noble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an Ethereum-compatible rollup that allows developers to create their own RWA applications and infrastructure.
Celestia launches MAMO-1 testnet with 128MB blocks and 21.33MB/s throughput Celestia aims for 1GB blocks, but TIA token struggles amid tech progress
Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network's scalability to new extremes ahead of future mainnet upgrades. According to an Apr.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
The Astar Contribution Score (ACS) campaign significantly boosts the Soneium ecosystem, achieving major milestones and integrating innovative projects at the halfway point of its 100-day run.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
TL;DR VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets. TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains. The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia. Celestia is a modular blockchain designed to scale decentralized applications.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
$979.5M unlocks in a year inflated Celestia's circulation by 101%, but TIA's price showcased resistance so far.
The bet was resolved as 'yes' despite no official agreement, leading to suspicions of manipulation by a large UMA token holder, but Polymarket defended the UMA voting process.
TL;DR Controversial Bet Outcome: Polymarket's political bet was resolved as “Yes” on whether Trump would secure a rare earth mineral deal with Ukraine, despite no official agreement, sparking concerns over decision-making integrity.
Polymarket is under scrutiny following allegations of a governance attack involving a significant holder of Universal Market Access (UMA) tokens.
Decentralized prediction platform Polymarket is under fire amid market manipulation involving a $7M bet. Users forecasted whether Ukraine would sign a mineral deal with the United States before April. Meanwhile, the chances of “Yes” results soared intensely to 100% between 24 March and 25. The remarkable jump happened despite zero validation of the agreement.
BornTooLate.Eth has accumulated over 1.3 million UMA tokens to attack a Ukraine-themed market — but nobody has appeared to have made much money.
Multiple online community users said a $7 million Polymarket bet was unfairly influenced by a whale that held significant voting power.
Last night, a governance issue on Polymarket was reported, where a large UMA holder allegedly used last-minute voting to manipulate the system, avoid losses, and profit from an inaccurate market outcome.
Polymarket, after the contradicting resolution of the “Ukrainian Rare Earth Market'” prediction event, has announced plans with the UMA team to establish enhanced monitoring and evaluation systems to avoid such incidents again. On Tuesday, Polymarket's community users saw approximately $7 million wiped out from the event market after a large UMA holder allegedly manipulated the
Polymarket reportedly experienced a governance attack on their prediction market related to Trump's Ukrainian mineral deal due to a last-minute intervention from a whale that tipped the results in their favor.
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).
Celestia (TIA) has shown a recent recovery, reaching $3.60 after a 31% rise in the past 48 hours. This price action helped the altcoin recover most of its recent losses.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Market conditions could favor TIA for a major rally.
Celestia (TIA) has quickly garnered attention in the cryptocurrency world, primarily due to its innovative modular blockchain architecture. Designed to enhance scalability and interoperability, Celestia offers a unique solution for improving Ethereum's scalability, which has raised interest in the market.
The Astar Contribution Score (ACS) campaign incentivizes innovation across DeFi and gaming by allocating rewards to projects fostering adoption and engagement within the Astar ecosystem.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Celestia (TIA) has experienced a notable 12% price jump over the past 24 hours, signaling a potential breakout above $4. Despite the positive momentum, the broader market cues continue to present challenges that could limit TIA's upward trajectory.
Celestia (TIA), a decentralized data availability layer, has caught the eye of investors as it posted an 18% gain, trading at $3.77. This positive surge stands out amidst an otherwise turbulent market, making it one of the top gainers in recent days.
Some metric suggested BTC correction could continue. Altcoin market showed resilience.
As the broader crypto market continues its decline today, some altcoins have stood out, gaining attraction from traders and investors alike.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
Celestia (TIA) is an innovative Layer-1 blockchain network that aims to solve key scalability and flexibility challenges faced by traditional blockchain systems. By separating its consensus mechanism from the data availability layer, Celestia enables developers to build highly customizable blockchains tailored to specific use cases.
Astar Network introduces dApp Staking, a novel approach to funding decentralized applications, offering sustainable support for developers and rewards for users.
Astar Network introduces the Astar Contribution Score (ACS) campaign to expand the utility of its native token, ASTR, within the Soneium ecosystem, offering rewards to active participants.
EigenLayer, Polymarket, and UMA have announced a collaboration to research and potentially develop a next-generation oracle system, leveraging EigenLayer's infrastructure.
Users can earn points which can be redeemed for ASTR token by interacting with apps, chains, and DeFi projects on the Soneium network.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.