Press Release

BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report

[ad_1] Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized BTC market despite criticism around the project, according to Binance Research’s latest monthly report. The wrapped token represents Bitcoin at 1:1 on other blockchains such as Ethereum and Solana. This allows users to access […]

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Arbitrum Foundation to ‘Go Big’ in Asia With Road to Devcon

[ad_1] The Arbitrum Foundation has announced its Road to Devcon initiative as it “doubles down” on Asia’s potential for rapid growth. Pointing to factors including the region’s burgeoning developer community and increasing rates of retail crypto adoption, the Foundation announced a three-pronged campaign ahead of Devcon 2024 in Bangkok. A pair of face-to-face ArbiLink events […]

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ETH, XRP, ADA, SHIB, and DOGE

[ad_1] This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss. The price briefly fell under $2,400 and is currently trying to reconfirm this level as support. If it fails, then sellers may have an opening to push […]

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Coinbase vs SEC Heats up as Ripple Decision Fuels Appeal Push

[ad_1] Coinbase wants court approval for an interlocutory appeal in its ongoing legal battle with the Securities and Exchange Commission (SEC). This request follows Coinbase’s original filing in April, nearly seven months ago. Coinbase aims to have the Appellate Court review the application of the “Howey Test,” a critical standard for determining securities classification. Coinbase […]