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Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks
22.2.2024
S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network's concentration issue by centralizing staked tokens among a few providers.
The post Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks appeared first...
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
22.2.2024
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.
The post Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board appeared...
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
Why Circle's USDC Is Quitting the TRON Network
21.2.2024
It could be part of a long-time realignment separating compliant and gray-market crypto, says Daniel Kuhn
Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know
21.2.2024
On February 21, popular Bitcoin maximalist Fred Krueger issued a stark warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence amid growing competition in decentralized finance (DeFi).
The...
Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers
21.2.2024
Former Celsius Network’s CEO Alex Mashinsky has waived his right to potential conflicts of interest that may arise from choosing similar legal representation as Sam Bankman-Fried.
The post Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers appeared first...
Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop
21.2.2024
The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain.
The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews
Smart Contracts Go Live on Stellar, Kicking Off a “New Era” for the Network
21.2.2024
The Stellar Development Foundation (SDF) has announced the successful deployment of smart contracts on the network, a development they believe will revolutionize their tech stack.
The post Smart Contracts Go Live on Stellar, Kicking Off a “New Era” for the Network appeared first...
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
21.2.2024
Circle cited its “risk management” framework as part of the decision, among other factors
Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate
21.2.2024
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets....
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance
20.2.2024
On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from...
How To Watch Tomorrow’s Nintendo Direct—And What To Expect
20.2.2024
Nintendo has just sprung a Nintendo Direct on everybody, and as is custom, it’s just around the corner. And by that I mean it’s tomorrow morning. The next Direct airs on February 21 at 6:00 a.m. PT / 9:00 a.m. ET. At 25 minutes, this Direct won’t be the longest ever, but it is sizable enough that...
SPYCE.5 releases AppChains on top of the Shimmer Network
20.2.2024
SPYCE.5 announced that it has released AppChain on its Web3 platform on top of the Shimmer Network. AppChains are independent blockchains that aim to optimize scalability, performance, and privacy to build dApps on the blockchain. Shimmer Network has been chosen to launch AppChains because it...
Stellar Network offers smart contract functionality in phases
20.2.2024
Stellar Network has clarified that it will be rolling out its smart contract functionality in a phased manner. Protocol 20 goes into effect after the community members vote on it. A favorable outcome would pave the way for the next phases to commence. Transitioning from Protocol 19 to Protocol...
Supra releases DORA price feed on the Metis Network
20.2.2024
Supra has made its decentralized Oracle (DORA) price feeds available on the Metis network. This will facilitate reliable and innovative data services. The incorporation of DORA price feeds into the Metis network facilitates an advanced system that operates with enhanced precision and efficiency...
FixedFloat Hit by $26M Crypto Heist: Bitcoin and Ether Stolen
19.2.2024
The automated DeFi exchange, FixedFloat, was targeted in a hacking incident that resulted in the loss of 409 Bitcoin (valued at approximately $21.3 million) and 1700 ETH (worth around $4.9 million). This breach was reported by the blockchain cybersecurity Twitter account Officer’s Notes, under...
Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion
19.2.2024
As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market. New market data from decentralized finance (DeFi) on-chain analytics firm DeFiLlama shows an uptick in volumes from different metrics in the Layer 1 network. On Feb...
Coinbase Commerce suggests merging Solana with Lightning Network
19.2.2024
Coinbase Commerce is likely to integrate Solana and the Lightning Network. The same has been teased through its product lead, Lauren Dowling. Coinbase Commerce has, for now, removed support for UTXO and Bitcoin. The idea behind making such changes is to address the struggles of customers with...
Vitalik Buterin: Verkle Trees Implementation to Benefit Ethereum Stakers and Network Nodes
19.2.2024
Ethereum co-founder Vitalik Buterin has highlighted the advantages of implementing Verkle Trees within Ethereum’s staking protocol. In a recent post, the Ethereum mastermind said this technological upgrade would specifically benefit Ethereum solo stakers and network nodes. Verkle Trees...