The cost of Ethereum is experiencing rough waters, dropping approximately 4% in value as part of the larger cryptocurrency market instability. This latest decrease in Ethereum’s price has stirred up conversations among crypto investors, who are pondering possible future price shifts. Remarkably, the actions of certain large investors in Ethereum, most notably during initial coin … Read more
Charles Hoskinson, the founder of Cardano, has expressed his backing for Robert F. Kennedy Jr., who is running for U.S. president. Kennedy Jr’s pro-crypto stance has earned him the support of several influential figures in the cryptocurrency world, including Hoskinson. As the presidential elections approach, Hoskinson has joined the ranks of those endorsing Kennedy Jr. … Read more
Nana Murugesan, who previously held the position of Vice President of International and Business Development at Coinbase, has taken on the role of President at Matter Labs – the company behind the development of zkSync. Alex Gluchowski, CEO of Matter Labs, stated that “Nana’s role will be instrumental in taking Matter Labs from its current … Read more
Since its debut in February 2024, Merlin Chain – a homegrown Bitcoin Layer 2 network – has rapidly gained prominence in the cryptocurrency world. By providing a platform for native Bitcoin assets, protocols, and offerings, Merlin Chain aspires to infuse novelty and productivity into the Bitcoin community. In just a brief period, it has amassed … Read more
Based on a recent warning from cybersecurity firm PeckShield, the worth of a counterfeit Omni Network (OMNI) token has dropped dramatically by 100%. An equivalent expression could be: The deployer exchanged OMNI for approximately $400,000 worth of wETH (132.08 units) in the current market. Peck Shield has noted that the rug pull token actually shares … Read more
A significant player in Ethereum‘s ICO history has recently made headlines by selling a large amount of Ether tokens. This person, as revealed by Spot on Chain, offloaded 2,000 ETH, which is equivalent to approximately 6 million US Dollar Coin (USDC). This transaction has generated buzz throughout the cryptocurrency sector. The historical significance of this … Read more
Billy Markus teamed up with Jackson Palmer in 2013 to create Dogecoin, a well-known cryptocurrency influenced by memes. The genesis of DOGE stemmed from the popular meme image of Kabosu dog and served as a humorous take on Bitcoin. Although Palmer rarely engages on Twitter or X platform now, Markus is an active user and … Read more
Bitcoin enthusiasts are eagerly counting down the days until the next halving event, which is set to take place on April 20, 2024. With just two days left, there’s a sense of anticipation within the crypto community as investors closely monitor the price swings of Bitcoin (BTC) in the midst of the current market downturn. … Read more
Binance Holdings Ltd. has made an important advancement by securing a complete Virtual Asset Service Provider (VASP) license in Dubai. This accomplishment underscores Binance’s dedication to navigating intricate regulatory environments and growing its international footprint. In accordance with the terms of the license, Binance’s co-founder Changpeng “CZ” Zhao chose to surrender his voting power in … Read more
In a significant step to ensure regulation and security in the rapidly growing digital finance sector, US Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Payment Stablecoin Act. This legislation, developed over several months, aims to create a robust regulatory framework for payment stablecoins, addressing issues related to their usage and potential risks. Bipartisan … Read more