The co-founder of Sweat said he prioritizes making multichain DeFi accessible to millions through simple actions like walking and using its wallet. Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance and simplifying asset management across blockchains. The AI agent, named Mia (short for Movement in Action), is powered by Near.AI — an open-source AI model platform with crosschain capabilities. Integrated into the Sweat wallet, Mia helps users to bridge, swap and manage their crypto rewards without needing deep crypto knowledge.. Sweat is rolling out support for Base, Ethereum, Arbitrum and BNB Chain. Within the app, users can now bridge assets and swap native tokens across networks, with the option to pay gas fees in Sweat (SWEAT) tokens. Read more
Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside. Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery. Read more
VanEck’s $NODE ETF tracks firms that have adopted blockchain tech, not crypto prices. It exposes you to companies driving blockchain adoption. VanEck’s Onchain Economy ETF ($NODE) exposes investors to companies driving blockchain adoption across multiple industries. The fund is scheduled to begin trading on May 14, 2025, following its inception on May 13, 2025. As the global economy shifts to a digital core, NODE offers active equity investment in real-world companies shaping that future. This ETF is actively managed, meaning a portfolio manager and not just an algorithm, selects the included stocks. Read more
Blockchain project Space and Time, backed by Microsoft, has launched its permissionless mainnet for ZK-proven data infrastructure. Space and Time, a blockchain project supported by Microsoft, has launched its public, permissionless mainnet to bring zero-knowledge (ZK)-proven data infrastructure to crypto applications. Built by MakeInfinite Labs, Space and Time offers a decentralized, verifiable database for smart contracts to query historical, crosschain and offchain data, according to a news release shared with Cointelegraph. The platform indexes data from major networks like Ethereum and makes it accessible through a decentralized network of validators. Developers can query this data using Space and Time’s Proof of SQL — a sub-second ZK coprocessor that delivers cryptographic proofs with every query. Read more
Doodles NFT sales volume nearly doubles in 24 hours, climbing to over $1.1 million as traders anticipate the project’s token airdrop and memecoin launch. Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop. On May 8, data from CryptoSlam showed Doodles NFT sales topping $1.1 million, nearly doubling the previous day’s total. The spike placed Doodles in the third spot for daily NFT sales, following DMarket and Courtyard NFTs. Over the past week, Doodles recorded $2.6 million in total sales volume, up 368% from the week prior and ranking fifth among all NFT collections, according to CryptoSlam. Read more
Ambire and Trust Wallet are among the first wallets to support Ethereum’s Pectra upgrade (EIP-7702), enabling existing accounts to leverage account abstraction features. The Ethereum Pectra upgrade introduced a significant upgrade in account abstraction accessibility, with multiple wallets already implementing the change. Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder and CEO of self-custodial smart wallet Ambire, described as “the single greatest UX upgrade to Ethereum so far.” Ambire is among the wallet providers that have already rolled out support for the new features since Pectra went live yesterday. Ambire’s announcement shared with Cointelegraph explains that EIP-7702 brings smart account functionality to existing user accounts, letting them temporarily act as smart contracts. This results in the advantages of account abstraction being accessible without creating new dedicated onchain addresses, rendering the transition of existing addresses possible. Re...