$18 Million Ethereum Withdrawal Triggers DeFi Frenzy

The Ethereum (ETH) market is buzzing with activity after a whale (an investor with significant holdings) made a splash by withdrawing a whopping $18 million worth of ETH from Binance, a leading cryptocurrency exchange. This move, meticulously tracked by blockchain analysis platform Lookonchain, has sent a positive vibe through the crypto community, hinting at a […]

Over $20M in Bridged Ether Returns to ZKasino Wallet

Over twenty million dollars’ worth of bridging Ether has been suddenly restored to ZKasino’s wallet, which is a blockchain-based gaming business. This is a remarkable change of events. This comes as a result of consumers complaining that the platform’s founders were responsible for a fraudulent exit scheme. Investors have expressed […]

Traders Short Ethereum as Grayscale Pulls Futures ETF Plan

Grayscale, a leading cryptocurrency asset manager, has unexpectedly withdrawn its application for an Ethereum futures exchange-traded fund (ETF) just weeks before the U.S. Securities and Exchange Commission (SEC) was set to make a decision on it. This move has left many in the industry speculating about the implications for the future of Ethereum-based investment products. […]

Ethereum Under Attack: SEC “Protecting Financial Landscape” Consensys CEO Slams SEC’s Crypto Crackdown

Ethereum co-founder and Consensys CEO Joseph Lubin has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling innovation in the cryptocurrency industry to protect the existing financial landscape. Speaking at FT Live’s Crypto and Digital Asset Summit in London, Lubin shed light on his company’s decision to sue the SEC after receiving […]