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Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit
29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...
The Raffle Coin (RAFF) phenomenon attracts global investors from Ethereum Classic (ETC) and Solana (SOL) with 5000% gain potential tipped
29.3.2024
With the crypto world excited by the Ethereum Classic (ETC) and Solana (SOL) meteoric growth, Raffle Coin (RAFF) is steering through its presale Stage One, which has caught the attention of the world. Raffle Coin’s breakthrough in a decentralized revolution of raffle platform technology...
Ethereum Classic (ETC) & Cosmos (ATOM) investors flock to DeeStream (DST), the new genius on the streaming scene
29.3.2024
Novelty is essential in the crypto market. The disparities between various altcoins and crypto assets aren’t as large as some might say. In such a market, uniqueness becomes an extra advantage for every cryptocurrency and crypto asset. Ethereum Classic (ETC) and Cosmos (ATOM) investors have...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
29.3.2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot...
South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show
29.3.2024
Several senior South Korean judges hold Bitcoin, Ethereum, and altcoins, new public disclosure data revealed on March 28.
The post South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show appeared first on Cryptonews
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
29.3.2024
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF),...
Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
28.3.2024
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network...
Assets Invested in Crypto ETFs and ETPs Rise 359% in 2024 From $15B to $69B: ETFGI
28.3.2024
ETFGI, an independent research firm reports assets invested in cryptocurrency exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally have reached a major new milestone of $69.39 billion at the end of February seeing a 358.9% from $15.12 billion at end of 2023.
The post...
Ethereum regains NFT lead with US$17.02 million daily sales
28.3.2024
Ethereum reclaimed its prior position as the market leader among blockchain non-fungible tokens. The product achieved a sales volume of $17.02 million. Sales on this platform have increased by as much as 39.19% in the twenty-four hours leading up to 2:00 pm, according to data compiled...
Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System
28.3.2024
Ethereum fees for "blobs" – the blockchain's new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”
Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi
28.3.2024
Almost $100 billion in capital is locked across Web3 protocols, representing an attractive opportunity for blackhat hackers, Immunefi said.
The post Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi appeared first on Cryptonews
BlockDAG’s $9.3m hit gathers momentum after high-profile keynote video beats Ethereum and Stacks gains
28.3.2024
The crypto community’s enthusiasm over the anticipated approval of an Ethereum-based ETF has significantly diminished following the Securities and Exchange Commission’s (SEC) deeper investigation into the Ethereum Foundation. Despite worries about Ethereum potentially being classified...
Pepecoin (PEPE) rival gains Ethereum & PEPE investor support here’s why
28.3.2024
A new contender has emerged to challenge the status quo, capturing the imagination of both Ethereum (ETH) and Pepecoin (PEPE) investors. This rival, subtly hinted to be Shiba Budz (BUDZ), stands at the precipice of an exciting evolution in the digital currency space, drawing support from unexpected...
Fidelity Investments goes ahead with the spot Ether ETF proposal
28.3.2024
Despite all the negativity surrounding applications for spot Ether ETF, Fidelity Investments has decided to continue pursuing its plans. There seems to be total clarity on the fact that the company intends to release an ETH ETF in November, when Cboe, the exchange where the product will be traded...
Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout
28.3.2024
The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent...
Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says
28.3.2024
Future roadmap upgrades for the network will become more difficult with a large validator set, the report said
Ethereum Network Achieves One Million Validators, Securing $114 Billion in Staked Ether
28.3.2024
The Ethereum network has surpassed one million validators, with approximately 32 million Ether, worth around $114 billion, staked within the network.
The post Ethereum Network Achieves One Million Validators, Securing $114 Billion in Staked Ether appeared first on Cryptonews
BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg
28.3.2024
The BlackRock USD Institutional Digital Liquidity Fund BUIDL, leveraging Ethereum blockchain, garners significant interest, amassing $240 million in the first week after launch.
The post BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg appeared first on Cryptonews
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
BlackRock CEO Bullish Bitcoin Says ETH ETF Still Possible Even if SEC Brands ETH Security
28.3.2024
BlackRock CEO Larry Fink said he is “bullish on the long term viability of Bitcoin” and thinks an ETH exchange traded fund (ETF) may still be possible even if the U.S. Securities and Exchange Commission (SEC) brands ETH a security.
The post BlackRock CEO Bullish Bitcoin Says ETH ETF Still Possible...