Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain’s next protocol update is “the Merge” from Proof-of-Work to Proof-of-Stake. With the effects of EIP-1559 and reduced emissions from switching to Proof-of-Stake, ETH could soon become a deflationary asset. Share this article Ethereum’s next major update is “the Merge” to Proof-of-Stake. EIP-1559 Burns […]
Meme coins have become the Wild West of the crypto space, offering both high rewards and significant risks. Over the weekend, on-chain tracking platform Lookonchain noticed that some crypto whales had engaged in substantial meme coin transactions, with some recording gains while others witnessed losses. This activity showcases the allure and volatility of meme coins, […]
TLDR Cardano’s (ADA) recent partnership with the Dubai Blockchain Center could push ADA’s value to $0.611 by mid-June. With Optimism (OP) showing signs of recovery, analysts are positive that it will surge to $3.331 in a few weeks. Rebel Satoshi ($RECQ) dazzles with a remarkable 120% return in the ongoing $RECQ blockchain ICO. In the […]
Share this article Hong Kong-listed spot Bitcoin and Ethereum exchange-traded funds (ETFs) are set to debut in a few minutes. In anticipation of the launch, Zhu Haokang, Digital Asset Management Director and Family Wealth Director at China Asset Management, is confident that the launch scale of Hong Kong’s virtual asset spot ETFs will exceed the […]
Share this article Tether is establishing four new divisions focusing on data, finance, power (Bitcoin mining and energy), and education. The new ventures are part of the company’s ongoing efforts to build a more inclusive financial and technological future, Tether shared in a news release today. According to the team, the new divisions, named Tether […]
Key Takeaways The Solana stablecoin protocol cashio suffered an “infinite mint glitch” exploit. A hacker drained millions of dollars from the protocol and its CASH stablecoin collapsed. Crypto Briefing has found several pieces of evidence that suggest the attacker has previously operated under the pseudonym Ariusuha to execute multiple rug pulls in the NFT space. […]
Tether, the issuer of the USDT stablecoin, plans to develop a peer-to-peer financial markets terminal leveraging Holepunch technology. CEO Paolo Ardoino announced on X that Tether will invest substantial resources into this initiative. Tether Plans P2P Financial Markets Terminal According to Ardoino, the company would aim to replicate USDT’s success within financial markets by eliminating […]
Share this article In the lead-up to the upcoming Federal Reserve meeting, investor pessimism has significantly impacted the prices of Bitcoin and Ethereum. As of the time of writing, BTC has dropped 7.6%, and ETH is down 6% over the past 24 hours. The Bitcoin price is currently hovering around $57,000, while the Ethereum price […]
SHIB, a leading ecosystem of DeFi cryptocurrencies held by millions worldwide, have announced an art refresh for the Welly Friends NFT collection, a series of innovative NFTs supporting the popular Italian fast food restaurant & catering chain, Welly. Originally created in 2022 as a way to support their growing restaurant franchise, SHIB have completed redesigned […]
APAC Dominates in Instant Payment Innovations The Asia Pacific region is leading the way in the adoption and implementation of instant payments, thanks to innovative technology, widespread smartphone access, and favorable regulations. This has positioned the region as a global pioneer in instant payments, facilitating easy access to real-time settlements. […]
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