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Polygon to slash transaction fees with Ethereum’s EIP-4844


The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively scheduled for May 1, 2024. When launched, EIP-4844 will bring special resources to cut transaction fees heavily. An estimate for the same has not been provided, but rough numbers say that...

Sony Files ‘Super-Fungible Token’ NFT Patent


Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one...

Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy


In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate. The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews

Sui To Host New Tool From Greek Stock Exchange, ATHEX


The Athens Stock Exchange (ATHEX) plans to deploy a new tool, the Electronic Book Building (EBB), on the Sui blockchain.  The post Sui To Host New Tool From Greek Stock Exchange, ATHEX appeared first on Cryptonews

Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets


Tether, the issuer of the world's largest stablecoin by market cap, USDT, is collaborating with the National Agency of Perspective Projects (NAPP) of Uzbekistan. NAPP is tasked with crypto regulation in the country. The post Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets...

Crypto for Advisors: Ethereum Staking


The Ethereum blockchain has nearly one million validators today. The combination of protocol rewards and priority transaction fees against a stable monetary supply backdrop results in a compelling [real] yield for investors

Nayib Bukele Reacts to Bitcoin Critic’s Indictment with Laughter


President Nayib Bukele has responded humorously to a social media post highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez's indictment, adding a touch...

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit


Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...

MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’


The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random “clawbacks” or centralized withdrawal freezes and liquidations of funds. User...

South Korea Seeks Interpol’s Aid to Extradite Terraform Labs Co-Founder


South Korea's National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea. The post South Korea Seeks Interpol’s Aid to Extradite Terraform Labs...

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