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Blockchain
Layer 2s Are Destroying Crypto
Opinion by: Steven Pu, co-founder of TaraxaThe rollup-based layer 2s that are all the rage today are destroying crypto or, more precisely, the very trustless…
Ethereum exit queue hits Record $5B ETH, raising Sell Pressure concerns
Ethereum is seeing the largest validator exodus in crypto history, with over 1 million Ether tokens currently waiting to be withdrawn from staking through…
51,000 Traders lost $74M, while 11 netted $1M
More than 51,000 traders incurred losses on Kanye West’s recently launched memecoin, highlighting the potential risks of trading celebrity-endorsed tokens with no…
Crypto Projects Set to Unlock $4.5B in Tokens in September
Crypto projects are set to unlock about $4.5 billion in vested tokens in September, according to data tracker Tokenomist. Tokenomist data shows that about $1.17…
VanEck CEO Predicts Ethereum Will Power Stablecoin Bank Transfers
Jan van Eck, the CEO of investment management firm VanEck, speculated that Ethereum will be the clear “winner” among blockchains as banks prepare for a flood of…
Ark Invest Bought BitMine Shares Worth $15M, Total Holdings Exceed $300m.
Cathie Wood’s ARK Invest bought another $15.6 million of shares in Bitmine Immersion Technologies (BMNR), bringing its total investment in the company to more…
Investment Advisers Outpace Hedge Funds in Bitcoin and Ether ETFs
Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from…
What Happened In Crypto Today
Today in crypto, the US Commodity Futures Trading Commission is rolling out Nasdaq’s market surveillance tool to crack down on market abuse. Cronos (CRO) spiked…
Base Ranks Third In 30-Day NFT Trading Volume
Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days. Decentralized application data…
Tron Proposal 789 Nears Approval to Halve Transaction Fees
A GitHub proposal to realign the Tron blockchain’s fee structure with broader adoption goals is gaining traction ahead of Friday’s voting deadline, signaling that…