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Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
8.6.2023
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility
Ethereum Developers Cement Final Lineup of Changes in ‘Dencun’ Upgrade
8.6.2023
Proto-danksharding is at the heart of the package, with other improvements for storage on-chain, as well as minor code changes related to the Ethereum Virtual Machine
Circle Rolls Out Support for USDC Stablecoin on Arbitrum
8.6.2023
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap
ConsenSys Faces Shareholder Vote Over Controversial Transfer of Company Assets
8.6.2023
The Ethereum developer is accused of squeezing former employees out of shares held in a previous incarnation of the company. The case, which could have wide-ranging consequences for ConsenSys, reaches its next stage today
When AI and Blockchain Merge, Expect the Mundane at First
8.6.2023
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Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
8.6.2023
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA)...
Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
8.6.2023
The investment bank cut its price target on the stock to $39 from $55
Another Mysterious Signed Message Appears Associated With the 2009 Bitcoin Block 1,018
8.6.2023
This week, the number of Ordinal inscriptions has exceeded 11 million, with one inscription in particular, numbered 11,035,214, standing out. The inscription bears a message that has been signed with the private key associated with block 1,018, and while the key is quite old, having been linked...
Are dog-themed coins still a thing in 2023, or were Dogecoin and Shiba Inu the last of their breed?
8.6.2023
Countless digital currencies have emerged, but few have captured the attention and imagination of the masses, like Dogecoin and Shiba Inu. These dog-themed cryptocurrencies gained immense popularity with their unique branding and community-driven approach. However, as we step into the last half...
Providing Regulatory Clarity (Binance and Coinbase Edition)
8.6.2023
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward
Are DAOs Doomed to ‘Decentralization Theater’?
8.6.2023
Consensus 2023 guests highlighted their concerns over 'decentralization theater' in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystem
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
8.6.2023
Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
Banks Have Come to the Metaverse
8.6.2023
JPMorgan, HSBC and others have created metaverse-native banking experiences, hoping to entice a new generation of clients
Jack Dorsey-backed Nostr Creator Collaborates With Zebedee on New Social Media Layer
8.6.2023
Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”)
ConsenSys’ MetaMask Institutional Integrates With Custody Tech Provider Fireblocks
8.6.2023
The partnership, scheduled to go live June 12, will offer greater DeFi and Web3 Access to builder and institutional investors
Crypto.com Integrates With CoinRoutes Smart-Order Routing System
8.6.2023
The integration is part of CoinRoutes’ bid to expand liquidity access for its clients
Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
8.6.2023
This second phase will include a more thorough testing environment to encourage validator participation
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Close to $26,300 Support Level, Market Volatility Remains High
8.6.2023
Bitcoin consolidated close to a key price floor of $26,300 on Thursday, as a downward death cross sent the cryptocurrency lower. Overall sentiment in the market remains lower, with the global cryptocurrency market cap falling by 1.58% as of writing. Ethereum also declined, after nearing a move...