The sale of Lumia’s HyperNodes will usher in a new era for onchain liquidity and data availability. The zkEVM Layer 2 network Lumia has made its HyperNodes available for sale. Nodes may now be purchased at node.lumia.org, enabling the community to contribute to the Layer 2 decentralization effort and help Lumia
July 18, 2024 2 mins read
In an amended S-1 filed with US SEC on July 17, asset manager 21Shares detailed their plans to waive management fees for their 21Shares Core Ethereum ETF (CETH) completely for up to six months after listing, or until the fund receives $500 million. The fees were set at 0.21%. Moreover,
July 18, 2024 1 min read
Concerns over ETH staking are among the most contentious aspects of the upcoming spot Ethereum ETF. Among the most significant compromises that authorized issuers have been forced to make is to abandon their intentions for Ethereum staking. Commissioner Hester Peirce of the SEC has recently reignited optimism for the product,
July 17, 2024 1 min read
Stripe has revealed plans to expand its crypto integration into the EU. Customers will be able to use their credit or debit cards to buy a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The goal of this strategic initiative is to make buying and selling digital
July 17, 2024 2 mins read
In a recent announcement, Worldcoin contributor Tools For Humanity raised the duration of WLD token lockups from three to five years, with a distributed increase. Daily, in a linear form, over a longer duration, Worldcoin tokens that were awarded to early investors and TFH team members will be unlocked. Since
July 16, 2024 1 min read
The Federal Reserve will likely not wait for the inflation to fall below 2% before decreasing interest rates, according to Federal Reserve Chair Jerome Powell. Although it is still higher than the Federal Reserve’s 2% objective, recent data from the US Labor Department reveals that inflation is dropping to 3%.
July 16, 2024 2 mins read
Genesis Trading is now dealing with bankruptcy and is continuing to sell off large amounts of Bitcoin. Analysts and investors are taking notice of the company’s decision to send 600 Bitcoin (BTC) to Coinbase, which is worth about $37.72 million. A substantial 600 Bitcoin (BTC)—worth over $37.72 million—was reportedly sent
July 15, 2024 2 mins read
Coinbase CEO Brian Armstrong recently cut down on his holdings in the cryptocurrency exchange, according to reports. On Thursday, July 12, Armstrong sold off approximately $5 million worth of COIN shares. The recent decline in COIN stock price may have been accelerated by the dump. Brian Armstrong reportedly received $4.92
July 12, 2024 1 min read
The developer of the contentious crypto mixer Tornado Cash, Alexey Pertsev, was recently refused release by a court in the Netherlands. The continuing legal issue involving the crypto mixer continues with this new verdict. This was handed out on Friday, July 12. While he gets ready to appeal his conviction,
July 12, 2024 2 mins read
There wasn’t enough support in the House of Representatives to override President Joe Biden’s veto of a measure that would have affected an SEC regulation requiring banks to list cryptocurrencies as a liability on their balance sheets. A total of 228 House members casted their votes on July 11 to
July 12, 2024 1 min read