Long-time Bitcoin developer Paul Sztorc has been trying to overhaul Bitcoin’s architecture since 2015, but the broader community hasn’t budged. So now he has proposed a dramatic step, called eCash hardfork, that involves copying Bitcoin’s code to launch a separate version in August, while giving existing bitcoin holders equivalent tokens in the new network for…
Non-fungible tokens (NFTs) are rallying, and to those fixated on rising prices, the market may seem to be booming. Overall activity, however, tells a different story. Leading the rally are Bored Ape Yacht Club and Pudgy Penguins. Their floor prices, the lowest possible acquisition cost, have climbed double digits in recent weeks, and their tokens…
Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders. Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a…
The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be…
The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly…
Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said. Source link
The biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000. Source link
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level. Source link
Coinbase (COIN) has quietly crossed a threshold that Wall Street would recognize immediately: it has become, by its own definition, the only full-service prime brokerage in crypto. John D’Agostino, head of strategy at Coinbase Institutional, said the definition of a prime broker still follows a familiar Wall Street checklist: trading, custody, financing, derivatives and cross-margining….
The Green Beret arrested for betting on a classified U.S. raid looked like a one-off scandal for prediction markets. A new study suggests he may be a more troubling data point: an extreme example of the small group of informed traders who, as the soldier is accused of doing, actually move prices on Polymarket, while…
