Arkham Intelligence, an on-chain service, said in a Thursday report that a wallet associated with former United States President Donald Trump transferred more than $2.4 million in ethereum (ETH) to cryptocurrency exchange Coinbase in the previous few weeks, likely to sell those holdings. After months of collecting Trump NFT royalties,
December 28, 2023 1 min read
The co-founder of Solana, Anatoly Yakovenko, brings attention to a new age of engagement between Solana and Ethereum. Solana is Ethereum, in his opinion. The path for crypto interoperability is laid forth by this remarkable notion. Crypto experts have long seen Solana as a potential rival to Ethereum. However, the
December 27, 2023 2 mins read
Concurrent with Barry Silbert’s announcement of his departure from Grayscale’s board of directors, crypto asset management firm Grayscale filed an updated S-3 with the U.S securities regulator. Silbert is the CEO of Digital Currency Group, the business’s parent company. While the company waits for a judgment from the SEC, some
December 27, 2023 1 min read
Since the Merge, around 339,121 ETH have left circulation, and deflation accelerated dramatically in the fourth quarter of 2023. The total circulating quantity of Ethereum (ETH) was 120.18 million as of this writing, the lowest since the network switched from proof-of-work (PoW) to proof-of-stake (PoS). An annual rate of 0.220%
December 25, 2023 2 mins read
According to many claims on Twitter, crypto exchange MEXC has purportedly restricted the accounts of numerous traders and seized their funds. The exchange asserts that “abnormal trading activities” were the driving force behind the measures. Ever since Dec. 16, users of MEXC have been griping about account limitations. Following gains
December 24, 2023 2 mins read
Although the rate of growth has slowed after the initial launch rush, Coinbase’s incubated initiative Base Network is still showing consistent progress. At the time of publishing, L2Beat statistics showed that Base’s Total Value Locked (TVL) was close to $734 million, up 4.63% from the previous week. From $592 million
December 24, 2023 1 min read
The president of Turkey, Recep Tayyip Erdogan, has added Prof. Dr. Fatma Ozkul to the panel of crypto specialists. Fatma Ozkul, a professor specializing in blockchain technology and crypto assets, has been formally selected to serve on the Monetary Policy Committee of Turkey’s Central Bank. Moreover, the appointment of Fatma
December 23, 2023 2 mins read
Constraints on Nigerian banks aiding cryptocurrency transactions have been removed by the Central Bank of Nigeria (CBN), almost two years after a complete ban on banks working with digital currencies was enforced. Moreover, the CBN acknowledged in a circular addressed to banks on December 22 that the rising worldwide demand
December 23, 2023 1 min read
Since its 2017 high, XRP has suffered a succession of losses, despite being a former front-runner in the competition for digital currency dominance. Prominent members of the XRP community have seen a decline in the token’s trading volume after a brief but noticeable spike in its value, even if investors’
December 22, 2023 2 mins read
Midway through 2024, Elon Musk’s X platform is anticipated to include in-app payment capabilities, however the incorporation of cryptocurrency currently seems distant. In an interview with Cathie Wood of ARK Invest on December 21st, Musk stated his intention to completely deploy payment services by the “middle of next year,” subject
December 22, 2023 1 min read