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Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)
The estate belonging to the now-defunct crypto exchange FTX was just spotted staking over $144 million worth of Ethereum (ETH) rival Solana ...
ZK-focused Manta Pacific opts out of OP Stack for Polygon CDK
Manta, a blockchain network focusing on zero-knowledge (ZK) applications, will migrate its software from OP Stack to Polygon CDK, according ...
Tether Freezes Crypto Tied to Warfare in Israel and Ukraine
Tether, the world’s largest stablecoin issuer, has announced a freeze on 32 blockchain addresses with connections to terrorist groups in b...
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16. The agency’s Division of ...
Bitcoin Mining Activity Surges as Difficulty Soars to New Peak
Bitcoin’s mining difficulty level has hit a new high after another surge on Monday, rising by 6.47% and making it even more challenging fo...
Shiba Inu (SHIB) Approaches Yearly Lows – Is a Turnaround on the Horizon?
The Shiba Inu (SHIB) has been on a downtrend since August, nearing its lowest point of the year. During this period, it also slipped below t...
Apple’s App Store Briefly Removes Crypto Wallet MetaMask, Coinbase CEO Says Antitrust Action May Be Needed
Apple temporarily removed the crypto wallet MetaMask from its App Store, prompting Coinbase CEO Brian Armstrong to suggest filing an antitru...
Will the Bitcoin (BTC) Price Rise This Week As Bitcoin Minetrix Hits $1.5 Million?
Bitcoin (BTC) has seen a turbulent few weeks, with the coin’s price fluctuating wildly amid broader economic uncertainty. While some analy...
Crypto Firm Coinhouse Slashes Workforce 15% Citing ‘Reduced Enthusiasm for Web3’
The layoffs continue to roil the crypto industry. French crypto firm Coinhouse announced cutting 15% of its workforce on Friday, a spokesper...
Binance Crypto Exchange Will Stop Onboarding UK Customers
Crypto exchange Binance has announced that it will stop accepting new British users. In a Monday announcement, the world’s biggest dig...
What is Reed’s law, and why does it matter in the crypto space?
Understanding Reed’s Law The concept of network effects is extended by Reed’s Law, which was developed by Harvard professor David P. Ree...
Will Investors Warm to KuCoin and Bybit Products as Industry Struggles?
Crypto exchanges KuCoin and ByBit are introducing new ways to generate revenue as exchange volumes dwindle. Bybit’s Double-Win allows cust...