Ethereum Founder Vitalik Buterin Sympathizes with Solana and Criticizes SEC’s Crypto Crackdown Ethereum co-founder Vitalik Buterin expresses sympathy for Solana and other crypto projects facing regulatory actions by the SEC Buterin believes that the SEC’s approach lacks nuance and could hinder the progress…
Summary: PolyNetwork is still recovering from a recent hack where $5.5 million was stolen, despite the estimated value of the attack being $34 billion. The developers have suspended all smart contracts to address the breach. Several blockchain security firms, including SlowMist, Binance Labs,…
Institutional Accumulation of Bitcoin Increases Exponentially According to blockchain analytics firm CryptoQuant, institutional accumulation of bitcoin (BTC) has been on the rise. This suggests that institutional investors have a strong interest in acquiring the digital asset, even at its current price level. The…
Arrington Capital Files for XRP-Based Hedge Fund Reaper Financial CEO Patrick L. Riley has revealed that Arrington Capital recently submitted a filing with the SEC to launch an XRP-based hedge fund. While specific details were not provided, Riley expressed optimism for a positive…
The Potential for Ethereum to Surpass Bitcoin in the Second Half of the Year The Ethereum market has closely followed the path of Bitcoin this year, but recent developments suggest that Ethereum could outperform Bitcoin in the latter half of the year. Here…
Binance Expands Innovation Zone with Pendle Yield-Trading Protocol Binance, the global cryptocurrency exchange, has added Pendle (PENDLE), a cutting-edge yield-trading protocol, to its Innovation Zone. Here are the key points: Binance has introduced spot trading pairs for PENDLE, including PENDLE/BTC, PENDLE/USDT, and PENDLE/TUSD.…
LBank Announces World’s First Unlimited Cryptocurrency Credit Card Hong Kong-based crypto exchange LBank is set to launch the world’s first unlimited cryptocurrency credit card in Q3 2023. Here are the key points: 1. Available in virtual and physical forms, the LBank credit card…
Innovative Layer 2 Solutions Boost Ethereum Scalability In a recent interview with Forbes, Steven Goldfeder, CEO and Co-Founder of Offchain Labs, discussed the growing trend of Ethereum Layer 2 solutions like Arbitrum and their role in boosting the scalability of the Ethereum blockchain,…
CME Group to Launch ETH/BTC Futures Ratio CME Group, the world’s leading financial derivatives exchange operator, has announced its intention to launch ETH/BTC futures ratio, pending regulatory approval. Here are the key points to know: – The new offering is expected to start…
