Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.
One Million Individual Wallets Now Hold a Whole Bitcoin
The bump comes as transactional activity on Bitcoin has surged in the past few weeks.
Token of Layer-1 Blockchain Kava Surges 40% Ahead of Mainnet Upgrade
The change improves transaction speed and aims to beef up security on the platform, Kava says.
BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management
The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.
Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg
Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.
Coinbase Hasn’t Proven SEC Needs to Create Crypto-Specific Rules, Regulator Says
The U.S. Securities and Exchange Commission (SEC) told an appeals court that crypto exchange Coinbase hadn’t proven the regulator needs to create a new regulatory framework for the digital asset industry late Monday.
Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings
The collaboration will see Matrixport integrating with Copper’s ClearLoop to offer its institutional clients off-exchange settlement.
First Mover Asia: Bitcoin, Ether Prices Stuck in ‘Wind Tunnel’
There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether.
Liquid Staking Leader Lido Upgrades to Second Version on Ethereum
Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.
Weekly DEX Volume on BNB Chain Hits Highest in a Year
Lower fees and Binance’s popularity are among the reasons noted by market analysts.
Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.
DeFi Project Hector Mulls Legal Wrapper to Shield DAO
A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.
U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators.
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
The investment includes a $2 million loan and $12 million in equity.
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
The firm says El Salvador will serve as its base for operations in Latin America.
GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania
Despite multiple warnings from Voshy, the meme coin’s creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security.
Crypto Investment Funds See Outflows for Fourth Consecutive Week
Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint
The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners.
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
The company raised $4.2 million in seed round, led by ElectricCapital.