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Fantom, a Layer-1 blockchain platform, is promoting the concept of "safer memecoins" by allocating $6.5 million in FTM tokens as rewards for developers. The initiative aims to tap into the nearly $50 billion sector. Fantom Foundation CEO Michael Kong plans to establish a framework for launching "safer memecoins" by implementing both technical and non-technical safeguards to prevent projects from being fraudulent rugs or scams. #fantom #Memecoins #Megadrop #FantomFoundation #FantomCommunity

Fantom, a Layer-1 blockchain platform, is promoting the concept of "safer memecoins" by allocating $6.5 million in FTM tokens as rewards for developers. The initiative aims to tap into the nearly $50 billion sector.

Fantom Foundation CEO Michael Kong plans to establish a framework for launching "safer memecoins" by implementing both technical and non-technical safeguards to prevent projects from being fraudulent rugs or scams.

#fantom #Memecoins #Megadrop #FantomFoundation #FantomCommunity

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Citrea, a Bitcoin ZK Rollup protocol, has launched its Public Devnet, allowing developers and users to test and engage with the network. The Public Devnet is a community-driven test of Citrea's technology, which enhances Bitcoin's blockspace using zero-knowledge proofs. The network is fully EVM compatible, making it easy for developers to build on Bitcoin. #citrea $BTC #bitcoin #StartInvestingInCrypto #EarnFreeCrypto2024
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M^0, a decentralized stablecoin minting protocol, has raised $35 million in a Series A funding round led by Bain Capital Crypto. M^0 is a protocol that allows approved entities to create a stablecoin called M, which is backed by U.S. Treasuries and is overcollateralized, meaning that there is more value in the collateral than the value of the stablecoin. #Stablecoins #stablecoin #Wintermute #ETHETFsApproved #StartInvestingInCrypto
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MetaMask has partnered with HyperPlay, a Web3 game store, to launch the "MetaMask Game Catalog" within MetaMask Portfolio. This new feature will allow users to discover and manage MetaMask-compatible games in a single platform. The MetaMask Game Catalog will provide a one-stop shop for players to find and play games that integrate with MetaMask, making it easier for users to access and manage their in-game assets. #Metamask #MetaMaskUpdate #HyperPlay #web3gaming #StartInvestingInCrypto
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Nubit announced on X platform that it has successfully raised $12 million in seed round financing. The company aims to revolutionize blockchain scalability and multi-chain ecosystems, enabling unlimited innovations across blockchain networks. #nubit #blockchain #StartInvestingInCrypto #MultiChain #Polychain
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Coinbase is launching a new type of self-custodial wallet called "Smart Wallets", which aims to simplify the onchain experience for users. The key features of Smart Wallets include: •Streamlined, gasless onchain experience •Multi-chain support •Integration with major applications •Easy onboarding process, similar to signing into a website Coinbase is also planning to introduce migration tools and support for Smart Wallets inside the existing Coinbase Wallet app in the coming months. #Coinbase #BaseChain #smartwallet #StartInvestingInCrypto #base
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