Recently, there’s been a lot of buzz around EigenLayer, an Ethereum-based restaking protocol, with its total value locked reaching an impressive $12.4 billion and leading Ethereum‘s DeFi market. On April 9, 2023, EigenLayer officially launched on the Ethereum mainnet. EigenLayer Makes Way to Ethereum Mainnet According to the recent update, EigenLayer and EigenDA, Ethereum’s new … Read more
RippleX, the developer arm of Ripple, has urged node operators to upgrade to version 2.1.1. If they fail to update to the new version in a timely fashion, they will be amendment blocked. A new iteration of the XRPL reference server implementation, which addresses a significant vulnerability in Automated Market Makers (AMMs), was released last week. … Read more
On Tuesday, Steven Nerayoff, a previous advisor for Ethereum, filed a claim against the U.S. administration for $9.6 billion in compensation under the Federal Tort Claims Act (FTCA). He accused the government of wrongful prosecution and other severe charges that transpired from 2019 to 2023. Ethereum Insider Vs. The US Govt Nerayoff recently announced on … Read more
During the widespread market decline, the value of Cardano‘s native cryptocurrency, ADA, has experienced some significant selling, leading to a 5% decrease over the last day and a current price of approximately $0.58. Over the past month, ADA‘s price has dropped by 20%, causing it to lag behind in the altcoin market and currently ranking … Read more
Today, XRP, a cryptocurrency supported by Ripple Labs, generated a lot of excitement and speculation in the global crypto community due to its price fluctuations over the past 24 hours. During this volatile period, approximately 56 million XRP coins were moved by large investors, drawing significant interest from other market participants. XRP Whale Transactions: In-Depth … Read more
At a recent US Senate Banking Committee hearing, Senator Elizabeth Warren expressed her views on crypto regulations. In response, XRP supporter John Deaton strongly criticized Warren’s comments, highlighting the increasing disagreement between crypto supporters and regulators regarding regulatory actions. Significantly, Senator Warren’s demand for tighter regulation of crypto validators and stablecoin users has drawn criticism. … Read more
The prices of leading cryptocurrencies took a downturn: Bitcoin dropped to around $69,000, while Ethereum approached the $3,500 threshold for a potential dip. Notably, XRP, Cardano (ADA), Solana (SOL), and other prominent altcoins experienced substantial declines as well. Major Crypto Prices Today The price of Bitcoin decreased by 2.57%, amounting to $69,161.00 as of Wednesday, … Read more
In January, the debut of US Bitcoin spot ETFs drew in a massive influx of institutional investors, amassing over $12.3 billion in total assets. Surprisingly, these Bitcoin ETFs have seen significant interest from affluent international investors, notably from India. Indians Use Remittance Quota to Invest in Bitcoin ETFs Wealthy investors in India have found a … Read more
In simple terms, the way cryptocurrencies are handled globally is changing significantly. This month, Hong Kong plans to introduce Bitcoin ETFs for the first time. Coincidentally, the U.S. SEC recently approved Bitcoin Spot ETFs, suggesting that digital currencies are becoming more accepted in traditional financial markets. Significantly, Hong Kong’s adoption of these investment tools is … Read more
On Tuesday, it was reported that STFIL, a platform facilitating the staking of Filecoin (FIL) tokens, disclosed an ongoing investigation by Chinese authorities against their team. The whereabouts of their FIL tokens, previously under their management, have become uncertain and transferred to an unidentified wallet outside their reach. The Filecoin Foundation is currently looking into … Read more