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Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...
Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
13.5.2023
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
13.5.2023
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7...
Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
12.5.2023
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail
Binance Announces Exit from Canada, Citing Regulatory Tensions
12.5.2023
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
12.5.2023
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance
LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
12.5.2023
LG has been a node operator on the Hedera Network since 2020
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
12.5.2023
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents
Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information
12.5.2023
Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information
Elon Musk's Twitter, Crypto's Town Square, Has Found a New CEO
11.5.2023
Musk says he'll shift to being chief technology officer
Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap
11.5.2023
Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
11.5.2023
Thursday's reported first-quarter earnings from miners were a mixed bag
Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools
11.5.2023
The company will use the money to educate Web3 developers and supply them with tools to streamline their work
Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter
11.5.2023
The crypto exchange set off a kerfuffle by describing the Pepe the Frog meme as having been co-opted as a hate symbol by alt-right groups
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
11.5.2023
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners
Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3
11.5.2023
Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence
Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1
11.5.2023
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022
Decentralized Wallet Developer Odsy Raises $7.5M at $250M Valuation
11.5.2023
The funding round was led by Blockchange Ventures and included participation from firms such as Rubik Ventures, Node Capital and FalconX
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
11.5.2023
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November