Layer 2 network Base’s architect, Jesse Pollak, expressed his priority towards creators and developers in the crypto space over traders. Following a backlash over an experimental token creation on the “Base is for everyone” tagline, Pump.fun co-founder Alon Cohen and Jesse pollak exchanged their opinions over traders and creators. Alon
The U.S.-based law firm Burwick Law has publicly challenged the Solana NFT platform Metaplex over its upcoming plan to transfer unclaimed SOL tokens, worth approximately $7.3 million, into its DAO treasury. The issue revolves around the resize rent, originally paid by users as part of a blockchain optimization introduced last
The European Central Bank (ECB) warned of a probable repercussion from excessive US support for the crypto industry. As per the Bank, an increase in dollar-backed stablecoins could lead to the destabilization of the financial system of Europe. The expansion of dollar-backed stablecoins is to expand the overall reach of
The market capitalization of cryptocurrency in South Korea has exceeded 100 trillion won or $74.8 billion. With these numbers, the daily transaction volumes of crypto have now surpassed the nation’s stock markets. Due to this, everyone in the nation is concerned about excessive speculative trading, as a report suggests that
The planned settlement of the crypto exchange KuCoin with the US CFTC is expected to face delays due to a policy change at the CFTC. The policy change is now putting less emphasis on cases involving crypto firms under Trump’s administration. John Murphy, a CFTC attorney, asked for extra time
Bithumb, the South Korean crypto exchange, extends its market domination by executing a major corporate restructuring plan. The company will establish a distinct entity for its non-exchange operations by July 31, 2025, to make distinct business boundaries between exchange activities and other ventures. Bithumb continues To Focus on Nasdaq The
The recently hacked Indian crypto exchange, WazirX, has announced that it is on the way to restarting its operations, awaiting a court ruling on May 13 concerning its restructuring and user compensation plan. In July last year, the exchange was hacked for around $234.9 million worth of crypto assets by
Paul S. Atkins has been inaugurated as the new SEC chair chair. Most think his appointment might bring about improved and more transparent rules for digital assets in the U.S. Atkins was appointed by President Donald J. Trump on January 20, 2025, and was confirmed by the Senate on April
Strategy is circling around mainstream media with its latest Bitcoin purchase. Its most recent press release revealed that the firm purchased 6,556 Bitcoins for $555.8 million. Popular on-chain analytics platform Lookonchain confirmed the purchase earlier today. Strategy acquired funds for this purchase from its two ATM (at-the-market) stock offering programs.
Even though Ethereum is gradually losing its spark, projects that operate on it are working tirelessly to improve their offerings. NFT platform Zora has announced that it is going to launch its native token this week on April 23. This is a remarkable step for the Ethereum-based platform to transition
