TLDR MetaMask has launched a new “pooled staking” feature that allows users to stake Ethereum (ETH) without meeting the 32 ETH minimum requirement. The pooled staking service enables users to contribute their ETH to enterprise-grade validators operated by Consensys, making staking more accessible to a wider range of users. According to MetaMask, 99% of ETH […]
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding fraudulent websites impersonating Mizuho Bank, Ltd., according to the HKMA. These deceptive sites have been reported to the HKMA, prompting the financial regulator to take action. Fraudulent Websites Identified The HKMA has emphasized the increase in fraudulent websites […]
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […]
Share this article Ripple has recently shared additional details about the imminent launch of its new stablecoin. In a recent announcement, the company revealed that the stablecoin, named Ripple USD (RLUSD), is set to launch on the XRP Ledger and the Ethereum blockchain later this year. Introducing Ripple USD (RLUSD): A 1:1 USD-backed stablecoin, offering […]
Bitcoin is recovering but still under immense liquidation pressure when writing. As BTC faces headwinds, the zone between $70,000 and $72,000 is proving to be a strong resistance level that must be broken for the wave of higher highs registered in Q1 2024 to continue. The world’s most valuable coin is trading below $70,000 at […]
Former US President Donald Trump has shifted his attention to Bitcoin miners in his drive towards embracing the crypto industry. In a June 12 post on Truth Social, Trump expressed support for Bitcoin mining, highlighting its potential to bolster energy dominance. He pledged to support these technologies, especially if he is re-elected as US president. […]
Share this article 56% of Fortune 500 executives said their firms are actively working on blockchain initiatives, according to Coinbase’s survey published on Thursday. The adoption spans from legacy brands to small businesses, with applications ranging from stablecoins to tokenized Treasury bills (T-bills). In addition, a separate survey from Coinbase shows that Fortune 100 companies […]
Community Treasury and Funding A neutral Community Treasury Board will oversee the newly established Community Treasury, which will manage the funds. The first season of the Community Grants Program (CGP) has begun, with 35M $MATIC tokens set aside for selected projects. Professional Grant Allocators will distribute a portion of the Season 01 funds to ensure […]
Elon Musk has dropped his lawsuit against OpenAI, the company he co-founded in 2015. Court filings from the Superior Court of California reveal that Musk called off the legal action on June 11th, just a day before an informal conference was scheduled to discuss the discovery process. Musk had initially sued OpenAI in March 2024, […]
TLDR A renowned crypto market analyst says Bitcoin (BTC) could soon approach the $83,000 price mark. Rebel Satoshi (RECQ) promises 184% gains by the end of the presale, making it the best crypto to buy now. Markus Thielen, the founder of 10x Research, recently stated that Bitcoin (BTC) holders can expect a new record high […]
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