Cointime

Cointime

Download App
iOS & Android

Crypto Morning Briefing: Alibaba Cloud Builds Metaverse Launchpad on Avalanche

Cointime Official

Top Stories

Arbitrum’s Chronos Reaches $217M TVL With Staking, Becomes 8th Largest DEX

Arbitrum's Chronos platform has reached a total value locked (TVL) of $217 million, and has become the 8th largest decentralized exchange (DEX) by trading volume. Chronos is a decentralized platform built on the Arbitrum network, which enables users to stake their assets and earn rewards in return.

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

The decentralized exchange (DEX) SushiSwap has launched its version 3 (V3) liquidity pools on 13 different blockchain networks. The V3 pools enable users to earn rewards by providing liquidity to the exchange, while also offering improved liquidity and trading options.

Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service

Global crypto giant Coinbase has announced plans to shutter its loan services.  Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers. The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous evaluation of its products.

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

The cloud division of Chinese tech behemoth Alibaba (BABA) has built a launchpad for businesses to deploy metaverses on the Avalanche blockchain.

Deloitte Enters the Polkadot Ecosystem To Issue Reusable Digital Credentials

Deloitte, one of the world’s largest accounting firms, is integrating the KILT blockchain, a Polkadot parachain focusing on decentralized identities and verifiable credentials, Polkadot announced on May 4.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $28,864.47 USD, dropped by 0.34% in the last 24 hours;

ETH’s live price is $1,875.49 USD, dropped by 0.92% in the last 24 hours;

BNB’s live price is $323.83 USD, dropped by 0.79% in the last 24 hours;

XRP's live price is $0.45 USD, dropped by 0.81% in the last 24 hours.

Fundraising News

ZkLink Raises $10M in Funding Round with Backing from Coinbase Ventures

ZkLink, an infrastructure layer that enables easier trading of assets across blockchains, has raised $10 million in a strategic funding round from investors including Coinbase Ventures. The funding will help drive zkLink towards its mainnet launch in Q3.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe, a new NFT-to-product platform that enables creatives to customize and manage their tokens, has raised a $4 million seed round. Investors in the round include Alchemy Ventures, Aglaé Ventures, and P Nation.

Bitcoin Bitcoin $63,727.66
+1.24%
Staking Decentralized exchange SushiSwap Coinbase Bitcoin Polkadot
Comments

All Comments

Recommended for you

  • BTC Surpasses $63,000

    Market data shows that BTC has surpassed $63,000, currently priced at $63,014.63, with a 24-hour decline narrowing to 0.67%. Due to significant market fluctuations, please ensure proper risk management.

  • Michael Saylor Releases New Bitcoin Tracker Information

    On July 5, Strategy founder Michael Saylor released new information regarding the Bitcoin Tracker. He stated, 'Bitcoin is digital energy.' Following previous patterns, Strategy typically discloses information about increasing Bitcoin holdings the day after related announcements.

  • BTC Falls Below $63,000

    Market data shows that BTC has fallen below $63,000, currently priced at $62,978.8, with a 24-hour increase of 0.24%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Vitalik: Ethereum to Complete Major Third Iteration in Next 5 Years, Quantum Resistance and Privacy as Primary Goals

    On July 5, Vitalik Buterin announced that Ethereum researchers finalized the 'Streamlined Ethereum' roadmap during a conference in Berlin. This is not a one-time upgrade but a series of forks over the next 3 to 4 years (starting from 'I-star'), which will mark the third major era of Ethereum, almost replacing all core components. Core changes include: verification shifting from direct execution to recursive STARK; consensus introducing 1-2 rounds of finality for faster and safer transactions; multi-dimensional Gas pricing; and a complete replacement of existing solutions with quantum-resistant cryptography. The most disruptive change is the state model—current dynamic states only expand to about 2TB, while introducing new scalable states like UTXO and circular buffers, with a total scale reaching up to 100TB, suitable for ERC20/NFT/DeFi, potentially reducing transaction fees by over 10 times after the rewrite; complex applications (like Uniswap pools) will retain the old state without mandatory migration. However, the issue of who will store the 100TB state and the associated incentives has become a new focus of research. Privacy upgrades are now a primary design goal, with all new components needing to support quantum-resistant, intermediary-free privacy transactions. Formal verification will be fully implemented, and there is exploration into introducing RISC-V or leanISA as the underlying VM for the protocol, with EVM potentially becoming a feature at the compilation layer in the future. In terms of scalability metrics, Gas limits, Blob capacity, and block times will be increased multiple times over the next 5 years, with the Glasterdam fork set to significantly raise Gas limits first. In the order of forks, H-star (Hegota) will be the last 'pre-streamlined' fork, after which Ethereum will fully enter the streamlined era. Through this complex yet smooth transition, Ethereum is moving towards a quantum-resistant, massively scalable, privacy-first new network while maximizing the protection of existing applications. This cautious disruption over the next five years has officially begun.

  • ETH Surpasses $1800

    Market data shows that ETH has surpassed $1800, currently priced at $1803.65, with a 24-hour increase of 3.76%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • BTC Surpasses $63,000

    Market data shows that BTC has surpassed $63,000, currently priced at $63,057.24, with a 24-hour increase of 1.18%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Bank of England Governor Bailey to Speak on Fiscal and Monetary Policy Coordination in Ten Minutes

    Bank of England Governor Bailey will deliver a speech on the issue of coordination between fiscal and monetary policy in ten minutes.

  • Solana Achieves $4.84 Billion in Spot Trading Volume for Tokenized Stocks This Quarter

    On July 3, it was reported that Solana broke multiple records in trading, revenue, and trading volume in the second quarter of 2026. In the tokenized stock sector, Solana's spot trading volume reached $4.84 billion this quarter, capturing over 96% market share. This volume far exceeded that of all other blockchains combined, marking the fourth consecutive quarter that Solana has led this sector, solidifying its dominant position. In terms of decentralized application revenue, the total dApp revenue for this quarter was $257 million, maintaining its lead over all Layer 1 and Layer 2 blockchains for the ninth consecutive quarter. Despite competitive pressure from peers, the enthusiasm of ecosystem developers and actual user demand remains strong. On-chain trading activity has surged, with daily, weekly, and monthly trading volumes all hitting new highs. The total number of non-voting transactions for the quarter approached 9.8 billion, with the overall network transaction volume rising to 59%, reaching an eleven-month high. The perpetual futures trading scale has seen a significant surge, with nominal trading volume for the quarter reaching $183 billion. GMTrade, Pacifica, and Jupiter were the main sources of trading volume, with GMTrade showing impressive growth in asset locking, cumulative trading volume, and protocol fees. The Phoenix platform also gained market recognition with its new features. Meanwhile, the Solana Foundation has proactively reduced its staking holdings, with the staking scale dropping to 4.92% of the total network staking, aiming to weaken its control over network validation and promote the decentralized and mature development of the validator ecosystem. Overall, even though the market is generally perceived to be at the bottom of a bear cycle, Solana's various innovative businesses and fundamental on-chain data are rising against the trend. If this quarter indeed marks the low point of the current market cycle, the existing performance will lay a solid foundation for long-term growth. The article also briefly mentions developments related to Solana's on-chain governance, the Grass rewards controversy, and future plans of the foundation's executives.

  • Venezuela's Largest Oil Refinery Resumes Operations

    On July 3, three sources reported that Venezuela's largest refinery, the Amuay refinery with a processing capacity of 645,000 barrels per day, has resumed operations after a power outage on Friday. It is currently processing approximately 140,000 barrels per day of crude oil, and the fluid catalytic cracking unit (FCC) has also restarted. Following two earthquakes last week that caused significant casualties, several refineries in Venezuela were affected by power outages. Additionally, sources indicated that the El Palito refinery, with a processing capacity of 146,000 barrels per day, has regained power, but staff have not yet been able to restart the production units.

  • US Bitcoin ETF Sees Net Outflow of 588 BTC Today, Ethereum ETF Records Net Inflow of 6,105 ETH

    According to monitoring by Lookonchain, today the US Bitcoin ETF experienced a net outflow of 588 BTC, with a total net outflow of 22,189 BTC over the past seven days. Meanwhile, the Ethereum ETF recorded a net inflow of 6,105 ETH, with a net outflow of 1,915 ETH over the past seven days.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company