Culper Research has recently said that it has opened a short position against Ether and warns that recent changes to the blockchain could weaken its long-term economic model. They say that a falling network event could hurt incentives that keep the system secure. In a recent report, Culper Research disclosed
Payments company Strike got a virtual currency licence and a money transmitter licence (MTL) from the New York State Department of Financial Services (NYDFS), permitting the firm to provide its Bitcoin services to residents and businesses in New York. Permitted in February, the approvals authorise Zap Solutions, Inc., which does
The crypto market is comparatively down, and major stock indexes have plummeted. All the attention is now on the inflation data and unemployment data, with the latter likely to be published on Friday. A positive note in the data could bring a sigh of relief amid the possibilities of rising
The estimated refund is somewhere between $168 billion and $182 billion on tariffs collected over the last 12 months. However, there is still a concern about the recent tariffs that US President Donald Trump has announced. The crypto market may record higher volatility if they are combined with the ongoing
Ripple is expanding its institutional trading capabilities by providing users with access to regulated crypto derivatives contracts on Coinbase’s derivatives exchange, which are cleared by Nodal Clear. The connection enables users to trade futures based on key cryptocurrencies within a regulated clearing system. According to the reports, Ripple Prime members
The native token of Cardano, ADA, is captivating attention, following the announcement of the Cardano Foundation that the cryptocurrency can now be used for payments at Spar supermarkets all over Switzerland, indicating a real-world adoption milestone for the blockchain network. As per the foundation, customers are now able to pay
Crypto prices have returned yesterday’s gains by retracing to their respective lower values. This comes as esports signal the possibility for a slowed US job growth, along with a steady unemployment rate. Moreover, the Middle East conflict is expanding and has, so far, affected retail gasoline prices. A Move Back
The city of Vancouver is moving to close the proposal on Bitcoin reserves in its municipal financial reserves. The laws governing the municipality’s finances, according to officials, prohibit the inclusion of cryptocurrencies in the city’s reserve assets. The staff reviews the idea and concludes that Bitcoin is not an allowable
The team at Aave Labs has reportedly spent around $1.5 million on a huge audit program, marking one of the most thorough security reviews in DeFi so far. The review process lasted around 345 days and comprised various security companies and a large public audit contest. The period of moving
Crypto exchange OKX is introducing a new social networking feature, Orbit, to its trading application. This launch came right after the company received a strategic investment from the Intercontinental Exchange, valued at around $25 billion. This feature aims to combine trading tools and social interaction on one platform. What Orbit
