Ethereum R1 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum

The S&P 500 rose 0.63% Thursday, boosted by strong Meta and Microsoft earnings, but futures slipped Friday as investors awaited the April jobs report and weighed Apple and Amazon tariff concerns. Gold fell to $3,235 as easing trade tensions cut safe-haven demand; markets await US jobs data for rate cut signals. The Coindesk Indices, which tracks the broader crypto market, rose 2.19%, with Bitcoin and Ether up 2.57% and 2.60%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is AR, which gained 16.8% following CloneX's successful migration to Arweave, sponsored by ArDrive.

Arweave (AR), founded in 2017, is a decentralized network for permanent data storage, using blockweave and Proof of Access to ensure long-term accessibility. It offers 200-year storage for a one-time fee, incentivized by AR tokens for miners. The system connects blocks efficiently to preserve and retrieve data, aiming to create a lasting digital knowledge repository. CloneX has successfully 

 to Arweave for permanent storage, with the support of ArDrive, which sponsored the migration of 100 GB of data. The process is nearly complete, with only Animus remaining to undergo decentralization.

Check out the latest prices, charts, and data of 

 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum. Built on open-source code and the Nethermind Surge stack, it emphasizes credible neutrality, public good funding (with all fees burned after 2030), and infrastructure that remains free from VC control or centralized dependencies.

Yesterday, BTC spot ETFs saw $71.1M in total inflows, with $16M from GBTC and $55.1M from other ETFs.

 $BOOP tokens to active Solana memecoin traders and creators who promote memecoins or Solana dapps on X. To claim, users must connect their Solana wallet or X account and launch a free token. The airdrop arrives in 30 days, but growing the token’s market cap can accelerate the reward.

Beginner

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Ethereum R1 offers a decentralized rollup solution for Ethereum

This article dives into Bitcoin liquid staking protocol Lombard Finance, how LBTC works and how you can stake LBTC through Bybit Web3.

Bitcoin stands as the undisputed giant of the cryptocurrency space, commanding the largest market capitalization. Yet, much of its potential remains untapped, often sitting idle as a store of value rather than actively participating in the thriving 

 ecosystem. Lombard Finance aims to change this narrative by unlocking Bitcoin's utility and integrating it seamlessly into DeFi.

Lombard is built upon Babylon, the innovative Bitcoin staking protocol, and is incubated by Polychain Capital. Lombard’s flagship product, 

 (LST) for BTC. This article explores what Lombard Finance is and how LBTC works, and describes the Lombard ecosystem and how you can stake LBTC through Bybit Web3.

 is a liquid staking protocol that focuses on transforming 

's role in the digital economy. Its core mission is to evolve BTC from simply being a store of value — also viewed as 

 — into a productive asset that actively generates yield and participates within DeFi. Currently, a significant portion of Bitcoin's

 sits idle, lacking the native staking capabilities or cross-chain composability seen with assets such as 

Lombard Finance addresses this shortcoming by building on top of 

, a protocol that supports BTC staking without needing 

 or custodians. Babylon allows Bitcoin's economic weight to secure other 

 (PoS) chains and applications, creating a new yield source for holders. Lombard leverages this foundation to offer LBTC, making staked BTC liquid and usable across the DeFi market.

Lombard’s goal is ambitious: to channel Bitcoin's vast liquidity into DeFi. This could potentially double the ecosystem's 

 (TVL) if even a fraction of available BTC is introduced. Lombard believes this integration will catalyze significant growth and create more sustainable market dynamics by making BTC a core, yield-bearing primitive within DeFi.

Founders and investors of Lombard Finance

Lombard Finance was founded in April 2024 by a team with deep expertise within DeFi, drawing talent from established crypto projects like Polychain, Babylon, Argent, Coinbase and Maple. This collective experience underpins the protocol's design and strategic direction.

The project was notably incubated by Polychain Capital, a prominent crypto investment firm that also led Lombard's $16 million seed funding round (which was 

 in July 2024). This round saw participation from a wide array of significant players in the crypto space — including Babylon, dao5, Franklin Templeton, Foresight Ventures, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, OKX Ventures and Robot Ventures — thus highlighting broad industry confidence in Lombard's vision. Strategic partnerships and contributions from exchanges like

 and Bitget are further bolstering its distribution and liquidity aggregation efforts.

LBTC is Lombard Finance's flagship product — a liquid staking token (LST) that represents Bitcoin staked through the Babylon protocol. Designed as a universal liquid BTC standard, LBTC is fully backed 1:1 by native Bitcoin, ensuring its value is directly tied to the underlying asset.

The token is yield-bearing, capturing rewards generated from securing PoS networks via Babylon staking. Crucially, LBTC remains liquid, meaning holders can freely use it across various DeFi applications — such as 

 and automated vaults — without sacrificing their underlying staked positions or associated yield.

LBTC is also designed for cross-chain compatibility, natively minted on supported blockchains like Ethereum, Base and Sui and using secure infrastructure [such as 

]. This avoids the risks associated with traditional bridging or wrapping methods, thus aiming to provide a more secure and seamless way to utilize Bitcoin across the multichain DeFi ecosystem.

Lombard Finance simplifies the process of putting Bitcoin to work within DeFi through its LBTC token. The mechanism is designed with security and user experience in mind, leveraging the Babylon protocol and a robust Security Consortium.

The core benefit of LBTC lies in its ability to unlock multiple layers of value simultaneously. Holders earn native yield from Babylon staking, potentially accrue additional rewards (such as Lombard Lux points) and gain access to diverse DeFi yield opportunities, all while maintaining the liquidity of their Bitcoin position. This transforms BTC from a static asset into a dynamic, yield-generating component of the DeFi ecosystem.

Lombard Finance is actively building a wide LBTC ecosystem that already boasts over 75 DeFi integrations. Security is foundational, anchored by the 14-member Security Consortium (including prominent names like Galaxy and OKX Ventures) and validating all critical operations alongside audits and bug bounties.

Core infrastructure relies both on Babylon for staking, and on the Chainlink CCIP for secure cross-chain movement, with EigenLayer integration 

. LBTC integrates with leading DeFi applications across lending platforms (e.g., 

) and automated vaults. The platform supports multiple blockchains (including Ethereum, Base, Sui, BNB Chain) and 

 (L2s), positioning LBTC as a versatile cross-chain asset.

Here's how you can stake BTC on Lombard and use LBTC in DeFi and automated vaults.

Lombard Finance (via its LBTC token) offers a compelling way for Bitcoin holders to put their assets into use, earn yield via Babylon staking and gain exposure to the expansive DeFi ecosystem — all while maintaining liquidity. Incubated by Polychain Capital and supported by a robust consortium and growing partner network, Lombard is positioning LBTC as a secure and versatile liquid Bitcoin standard.

It’s easy to participate in the Lombard ecosystem through 

, you can utilize your Bybit Web3 Seed Phrase Wallet to stake BTC and mint 

, Lombard's vault token that represents deposits in automated yield strategies. This provides you with a seamless gateway to access Bitcoin liquid staking and DeFi yields.

Ready to unlock your Bitcoin's potential? 

Intermediate

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Lombard Finance: Polychain-backed Bitcoin liquid staking protocol

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. 

Altcoin season might have come with reviveding speculation 

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. This resurgence has sparked renewed interest among retail traders, shifting focus from Bitcoin to smaller, more speculative altcoins. The overall market saw a 10% increase in value during the final eight days of April, contrasting with Bitcoin's 7% gain. This trend indicates a growing appetite for risk among investors, particularly in meme coins, which have seen a surge in social media discussions.

However, caution is warranted as elevated crowd enthusiasm often precedes market corrections. Historical patterns suggest that when buzzwords like "altseason" are dominating discussions, it may signal an impending price exhaustion. The current market dynamics reflect a shift toward speculative investments, raising concerns about the sustainability of this enthusiasm.

Bitcoin's bullish sentiment substantially improves

Bitcoin's position as the leading cryptocurrency has remained steady, with discussions around its price fluctuating significantly. Following a period of pessimism, when predictions dipped as low as $10K–$69K, sentiment shifted dramatically with the price recovery. Now, optimistic projections of $100K–$159K are dominating conversations, indicating a reversal in trader sentiment.

Despite Bitcoin's consistent presence in market discussions (approximately 25% of asset topics), the ratio of bullish-to-bearish commentary has grown increasingly favorable. This suggests a growing confidence among traders bolstered by Bitcoin's recent performance. However, it’s essential to monitor whether this bullish sentiment translates into sustained investment, or if it leads to overconfidence that may trigger a market pullback.

Ethere, once a robust contender in the altcoin arena, has struggled to regain retail investor confidence despite recent bullish commentary and promises of innovation from co-founder Vitalik Buterin. Its social media presence has dwindled to about 6–7% of discussions, a significant drop from previous years. This decline highlights the challenges Ethereum faces in re-establishing itself as a go-to investment in a market increasingly dominated by speculative assets.

Conversely, XRP has seen a notable increase in optimism surrounding ETF approvals, with expectations rising to 85%. This shift reflects a broader trend of institutional interest in cryptocurrencies, potentially paving the way for significant capital inflows. Meanwhile, Dogecoin's potential ETF listings have sparked renewed interest, transforming its image from that of a meme coin to a legitimate investment option. The growing dialogue surrounding institutional adoption of Dogecoin and XRP indicates a pivotal moment for these assets, suggesting they may play critical roles in the evolving cryptocurrency landscape.

Advanced

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Bybit x Santiment social sentiment report: Altcoin sentiment recovers despite Bitcoin’s resilience

Bybit Spread Trading allows traders to simultaneously buy and sell two related instruments in order to hedge risk or profit from price discrepancies. Read more.

Whether markets are flying high or wobbling unpredictably, one thing remains true: traders are always looking for smarter ways to 

 and find profit opportunities. That’s where Bybit Spread Trading comes in. This feature is tailor-made for those who want to go beyond basic buy/sell plays and start taking advantage of price discrepancies between related instruments. In this guide, we’ll walk through exactly how Bybit Spread Trading works, why it matters and how you can start using it today, whether you’re 

is a newly launched Bybit feature that allows users to simultaneously buy and sell two related instruments — such as Spot, Perpetual or Expiry contracts with different settlement dates — in order to hedge risk or profit from price discrepancies.

This type of trading strategy is popular among institutional and professional traders because it enables more precise, controlled market exposure. However, with Bybit’s interface, the barrier to entry is significantly lowered, opening the door for individual traders to tap with just a few clicks into a powerful set of tools.

At its core, Spread Trading on Bybit is about executing what’s called a combo trade. This means entering two positions at once: one long, one short. These positions are taken on related instruments, such as a BTC Spot trade and a BTC Perpetual contract, with the idea that their prices will either converge or diverge in a way that benefits your position.

When you place a buy combo, you’re buying the instrument with the longer expiration (the “far leg”) and selling the one that expires sooner (the “near leg”). 

A sell combo is the reverse: selling the far leg and buying the near leg. The profit (or loss) comes from how the spread between these two instruments shifts over time.

For example, if you believe the spread between a Perpetual and a Quarterly Futures contract will widen, you can buy the combo. If the spread increases after your entry, that movement becomes your profit. Bybit calculates your 

 prices automatically, based on the mark prices and your defined “order price,” so there’s no need to manually crunch the numbers.

Perhaps the most important feature here is atomic execution. This ensures both sides of your combo trade are filled together, in equal quantities, or the trade doesn’t go through at all. It removes “leg risk,” which is the danger of getting filled on one side of the trade, but not the other. In volatile markets, that alone can save you from an unwanted mess.

Spread Trading on Bybit currently supports combinations such as Spot and Perpetual, Spot and Expiry, Perpetual and Expiry, or even two Expiry contracts with different dates. This flexibility lets you build strategies that align with different market outlooks — bullish, bearish or neutral.

There’s a strong reason why Spread Trading is a go-to for many experienced traders: it allows for strategic plays that are more sophisticated than just guessing price direction. On Bybit, it’s not only powerful, but also convenient.

First, you get price certainty. Your spread is locked in at the price you specify. There’s no 

 between legs because the entry prices are automatically calculated and matched. You’re trading the spread, not the individual legs.

Secondly, the trading experience is smoother. Instead of placing two separate orders and manually trying to sync them, Bybit handles everything as a single transaction. You don’t have to worry about whether one leg gets filled and the other doesn’t — that risk is eliminated through atomic execution.

Third, this setup is a great hedge against volatility. By taking opposing positions on two related contracts, you reduce exposure to sharp price movements. Your P&L becomes more about the relative performance between contracts, rather than the market direction itself.

There’s also a strong cost advantage. Trading spreads on Bybit is significantly cheaper than doing it manually. You pay only half the trading fees you’d incur if you placed two individual trades on the order book. For high-volume or 

, that translates to meaningful savings over time.

Finally, it unlocks strategy flexibility. Whether you're 

 funding rates between Spot and Perpetual, doing 

 with different Futures contracts or taking advantage of price convergence before expiry, this platform gives you the tools to execute those ideas efficiently.

How to get started with Bybit Spread Trading 

Now that you have a better understanding of how Bybit Spread Trading works, let’s look into how to get started. Please note that you’ll need to have a Bybit account in order to proceed. If you don’t already have one, please check out our 

 for more information on how to create a Bybit account.

: Log in to your Bybit account and hover your cursor over the 

: The available spreads are organized in a grid, with each tile representing a unique combo. Choose your preferred combo to trade.

Tiles with a border around them signify that Spread Trading offers a better price. Hover over a tile for more details, or use the bar at the bottom of the grid to explore more options.

On the order placement page, set up your order with the following parameters:

to place your order. A pop-up window will appear for you to confirm your order details. Then, click on 

Congratulations — you’ve successfully placed an order!

You can view your Spread Trading orders from any trading page (Spread Trading, Spot and Futures), as they all share the same order data.

 to view your active orders. You’ll be able to view the combo, underlying asset, order price and more. 

If you would like to adjust your order parameters, you may click on the pencil icon under 

. To cancel your order, simply click on the order’s corresponding 

to view your completed orders. To view each order’s information on each leg, click on the order’s corresponding 

button. For additional insights, click on 

Spread trading isn’t for everyone — but if you’re someone who enjoys strategic trading, hedging or arbitrage, it’s a tool worth adding to your arsenal. It appeals to traders who are less interested in taking a directional bet, and more focused on capitalizing on inefficiencies in the market.

You don’t have to be a pro trader to benefit, either. The simplified execution and intuitive UI mean even intermediate users can explore advanced strategies without being overwhelmed. As long as you understand how spreads work, and how your P&L is affected by their movement, you’re already halfway there.

More importantly, in times of market uncertainty or low volatility — when price action feels sluggish — spread trading gives you an alternative way to profit. It keeps you in the game — even when momentum plays aren’t cutting it.

Bybit Spread Trading is a powerful tool that combines simplicity with sophistication. Whether you're looking to hedge, save on fees or experiment with 

 strategies, it offers a clean and user-friendly way to do so. With lower risk, lower costs and plenty of flexibility, Bybit Spread Trading is a smart move for any trader looking to level up their game — especially when markets get messy.

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Bybit Spread Trading: Smart strategies for market swings

Bybit Learn

Crypto

Omega Network is a proof of networking social chain that focuses on creating a secure, high-performance and stable decentralized social platform.

, a cornerstone of the decentralized finance (

) landscape, is one of the most popular ways to earn crypto. It involves the use of computational resources to validate and record transactions on a blockchain. Traditional mining processes typically require high-powered computer systems and consume significant amounts of energy, leading to concerns about accessibility, sustainability and environmental impact. However, a new player in the field, Omega Network, is working to redefine this landscape by addressing these challenges. Read on to find out more about Omega Network and how it works.

 addresses the sustainability issue head-on by creating an energy-efficient mining process. The power consumed by smartphone-based mining is a fraction of that used in traditional mining operations, enabling a more environmentally friendly approach to cryptocurrency mining. This focus on sustainability aligns with global efforts to mitigate climate change and create a more responsible digital economy. 

Moreover, the Omega Network project has been engineered to be user friendly. Users can mine cryptocurrency right from their mobile devices, making the often complex world of cryptocurrency more accessible to everyday smartphone users. This easy-to-use interface, combined with the promise of earning cryptocurrency, will stimulate a more widespread adoption of cryptocurrency. Its design reflects an emphasis on inclusivity, bringing crypto mining capabilities to a broader audience without the need for specialized hardware.

In order to access Omega Network’s full suite of features, you’ll first have to download the Omega Network app on 

You can take on four different roles when you use Omega Network: Pioneer, Ambassador, Validator and Trainer. All roles reward you with OMN tokens, as long as you participate and contribute on the day itself. It's important to note that a user can assume more than one role. 

Users who are interested in mining and earning crypto are known as Pioneers. To activate mining, you’ll first have to launch the app and hit the 

button. The mining process refreshes every 24 hours. After activating, the app doesn't need to remain open; it continues to accrue OMN hourly. After a 24-hour period, this automatic accumulation halts until the 

 button is pressed again to initiate a fresh 24-hour session. It's also possible to use the app to execute a transaction, such as transferring OMN to another Pioneer.

An Ambassador brings in new users to the Omega Network through 

. They’re asked to identify five pioneers whom they can vouch for and trust. This activity helps build trust globally within the Omega Network. Forgotten accounts can be recovered by contacting five people within the security circle to send information to the 

. This security measure is anticipated to be implemented in Q4/2023.

Validators are users who not only function as pioneers and contributors via the Omega mobile app, but also operate the Omega node software on their personal computers. The software executes the core 

, incorporating trust graph information provided by the contributor. This feature is expected to be launched in Q4/2023, when Pioneer rewards are predicted to decrease.

Trainers are individuals well-versed in web3 who will become part of the Omega Web3 ecosystem. As leaders, they’ll guide their teams in discovering and leveraging NFTs. The implementation of the Trainer role is forthcoming, coinciding with the launch of Omega Web3.

With a self-sovereign identity management system integrated within Omega Network, users can maintain and manage their digital identities with utmost security. Omega Network leverages sophisticated encryption methods, such as 

), when it comes to safekeeping users' personal data. This, in turn, also facilitates smooth identity confirmation when necessary.

In the Omega Network community, members have the chance to express their creativity through the creation of content and to monetize it. This model encourages the creation and sharing of high-quality content. The network's unique tokenomics strategy is rooted in 

 and cryptographic algorithms, enabling a transparent and fair distribution of rewards which in turn promotes a dynamic environment for user-generated content.

In order to secure user data, Omega Network leverages decentralized data storage solutions, such as the InterPlanetary File System (

. These systems offer redundancy and fault tolerance, and they resist censorship, ensuring that users' data is always secure and accessible.

Omega Network offers its users the ability to control their content's privacy levels. This guarantees that personal data is shared strictly with intended recipients. Cutting-edge technologies (

) are employed by the network to enable users to use the platform without compromising their sensitive data. These technologies offer an efficient way to process transactions while prioritizing user privacy, achieving an optimal balance between performance and data security.

Ahead of the Omega Network mainnet debut, 

 has been initiated to promote user involvement and ensure a seamless transition to the mainnet. The testnet provides an opportunity for users to acquaint themselves with the platform's functionalities and actively contribute to its development. Users can engage in various activities, such as 

. These actions allow users to get a feel for the workings of Omega Network ahead of its full-scale launch.

 serves as an integral part of both project evolution and community engagement. It offers a crucial preparatory stage for users to explore the Omega Chain and the decentralized applications it supports before the official rollout of the mainnet. The campaign also aims to demystify the whitelist selection process that’s associated with the testnet event.

The criteria for whitelist selection are centered on user activity and engagement. To this end, the top 1,000 addresses (based on transaction numbers on the testnet) are selected for whitelisting, rewarding the most proactive community members who have interacted with the testnet and offered constructive feedback. If a user's address falls within the top 1,000 in terms of transaction count, they secure a spot on the 

, allowing them to participate in the public sale on the Ethereum network. 

 is set to be launched soon. Interested users can follow the platform’s 

 was first envisioned in 2022, leading to the swift establishment of its website and the beta version of the Omega Network app on the Google Play Store.

Q4/2023 was marked by notable advancements. The Omega Network app was officially launched on both the Apple App Store and the Google Play Store. At the same time, the team rolled out its white paper, OMN mining operations, and Referral and Invite program. Social media channels were also set up to foster community engagement. In order to fund these developments, Omega Network successfully raised capital through a Seed Round that was held from Feb 22 to Mar 22, 2023.

Moving into Q2/2023, Omega Network took significant strides forward. A Private Round fundraiser was conducted, an initial DEX offering (

) initiated, and an internal Omega Wallet (along with a multi-chain blockchain wallet) was launched. Furthermore, the Omega testnet was set up, allowing users to experience features such as the blockchain explorer, DEX, cross-chain bridge and faucet firsthand.

Looking ahead, the Omega Network team plans to launch the public mainnet and list the OMN token on centralized exchanges (

). By the end of the year, the project is set to introduce a governance and voting system, launch the Omega NFT Market, develop an Omega decentralized ID system and enhance the functionalities of the Omega Wallet.

Lastly, in the following year the project aims to innovate further with plans to release Omega Metaverse, Omega LaunchPad and OmegaPay system. With this series of impressive developments lined up, Omega Network is emerging as a truly promising project in the crypto landscape.

OMN is the governance token of Omega Network. It provides users with voting rights and benefits within the ecosystem. There is a total supply of 970 million OMN tokens, distributed in the following allocation:

 model for its OMN token by burning up to 3% of the total supply quarterly. 

Looking to trade OMN tokens? Bybit will be offering the OMN/USDT Spot trading pair on Jun 16, 2023 at 10AM UTC. To get started, simply 

To celebrate this listing, Bybit is running a 

 from Jun 15–30, 2023, in which you can receive a share of the 350,000 OMN prize pool! You’ll need to accumulate a total deposit of at least 2,500 OMN in order to be eligible. Please note that rewards will be distributed on a first come, first served basis.

Bybit is also running a Buy to Earn campaign from Jun 16–30, 2023, in which you can receive up to 15,000 OMN of the 350,000 OMN prize pool simply by accumulating a net buy volume of at least 100 USDT worth of OMN on the Bybit Spot trading platform. The higher your net buy volume, the larger your cut of the prize pool.

Omega Network is recognized as the front-runner in mobile cryptocurrency mining. It shows strong potential as a high-growth crypto project, with a user-friendly platform that breaks down barriers, allowing cryptocurrency enthusiasts to mine and earn rewards irrespective of their location or time.

The platform's features — such as convenience, user-centrism and decentralization — make it well-positioned for widespread adoption within the crypto community. Furthermore, with plans to launch numerous innovative features, such as Omega Metaverse, Omega LaunchPad and OmegaPay system, the network continues to evolve, offering new opportunities for both users and investors. The project also intends to establish its public mainnet and to list the OMN token on centralized exchanges, both significant milestones in enhancing its visibility and access. 

However, it's important to remember that while Omega Network presents promising opportunities, cryptocurrencies inherently carry high volatility. Therefore, potential investors should exercise prudence and thoroughly consider their financial capacity and risk tolerance before investing their funds — and, as always, 

In conclusion, Omega Network is a transformative project in the cryptocurrency mining field. As the project evolves, it could redefine the landscape of cryptocurrency mining, making it a more inclusive and sustainable process.

Omega Network (OMN): Helming the Mobile Mining Industry

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