Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent court filing, the Celsius Network has announced plans to facilitate the conversion of all altcoins into bitcoin and ethereum starting from July 1, 2023. In an...
In a recent development, Vitalik Buterin, the co-founder of ethereum, transferred 400 ETH to the Kraken exchange. The transaction, which took place on June 5, 2023, was completed within 30 seconds and had a value of approximately $723,000. This move comes amidst a...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase derivatives exchange is set to launch its institutional-sized bitcoin (BTC) and ether (ETH) futures contracts. The company says the financial instruments will come with enhanced risk management features...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A substantial amount of ethereum (ETH), valued at tens of millions of dollars, was sent to the ethereum burn address in a series of unusual transactions conducted by Kucoin...
Ethereum (ETH) has recently achieved a milestone in the derivatives market as the open interest for its perpetual futures contracts on Deribit surged to a three-year high of $544,931,613. The new record surpasses the previous three-year high of $542,762,684, which was observed on...
A new token standard, BRC-721E, has been introduced, designed to facilitate the migration of NFTs from Ethereum to Bitcoin. A novel token standard, known as BRC-721E, has recently been unveiled to enhance the versatility of bitcoin ordinals. This development is designed to simplify...
On May 20, 2023, Binance made an announcement on Twitter that “Due to circumstances surrounding the protocol, Binance will temporarily pause $TORN deposits until further notice.” The exchange has since followed up the suspension with an announcement on May 29, stating that deposits...
Blur’s peer-to-peer perpetual non-fungible lending protocol Blend, focused on NFTs, has seen massive growth since inception, with the protocol’s loan volume hitting close to 170,000 in under 30 days. Blend controls 82% of NFT lending share According to DappRadar, Blend’s total loan volume...
According to recent data from blockchain analytics firm Glassnode, the total value held in the ethereum 2.0 deposit contract reached an all-time high (ATH) of $40,733,472,229.12. The ethereum 2.0 deposit contract is part of Ethereum network’s transition to proof-of-stake (POS) aimed at improving...
This week, a judge adjudicating the ongoing Securities and Exchange Commission (SEC) versus Ripple, the blockchain company, issued a landmark ruling. At the same time, Ripple announced crucial strategic expansions. Also, the number of staked ethereum (ETH) rose to record highs. Meanwhile, crypto...