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Summary of Recent Updates in Blockchain and Cryptocurrency World

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by Giorgi Kostiuk

2 years ago

Recent Updates in Blockchain and Cryptocurrency World

Blockchain Decimal Quest on Zealy Platform Blockchain Decimal, in collaboration with Bit.team, organized a 14-day quest on the WEB3 platform Zealy. The quest concluded with the selection of six winners who will receive prizes, including special NFT collectibles for active users. A big thank you to all participants for their enthusiasm!

Wiki Decimal Announcements The Wiki-Decimal educational encyclopedia has introduced new articles and enhanced the mobile layout for convenient learning on smartphones. Register now to expand your knowledge in the realm of blockchain technology and cryptocurrencies.

BitTeam Trading Contest Closure The BitTeam exchange recently wrapped up its trading contest, with three winners identified for executing over 15,000 trades within three weeks. The prize pool of 50,000 RUB has been distributed among the winners. Appreciation to all participants, and stay tuned for upcoming contests.

Analytics Insights - Total tokens: 386 - New wallets created: +104 - Total validators: 85

For more information, visit the Decimal Chain Blog at decimalchain.com/blog/en/digest_en_05_07_24/

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WLFI Token Price Declines Amidst Controversy

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The price of World Liberty Financial (WLFI) tokens has significantly declined, dropping below $0.008 and losing over 20% of its value due to growing controversies surrounding the project.

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World Liberty Financial Faces Liquidity Concerns

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World Liberty Financial (WLFI) is facing scrutiny due to its financial practices, having deposited nearly $2 billion in tokens into the Dolomite lending protocol and borrowed over $31 million in stablecoins, raising liquidity concerns.

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Justin Sun Accuses World Liberty Financial of Deception

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Justin Sun accuses World Liberty Financial of having a backdoor in its smart contract, allowing the team to freeze user funds without warning.

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Brian Armstrong Supports Clarity Act Amid Legislative Push

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Brian Armstrong, CEO of Coinbase, publicly supports the Digital Asset Market Clarity Act of 2025, urging Congress to pass it.

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HYPE Token Experiences Major Price Surge Amid Market Trends

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HYPE token has surged over 65% year-to-date and nearly 200% over the past year, reflecting strong market performance amid uncertainties.

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Bitwise Moves Closer to Launching Spot Hyperliquid ETF

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Bitwise has filed a second amendment with the SEC for its spot Hyperliquid ETF, adding new trading counterparties ahead of its launch.

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