JP Morgan estimates Coinbase to generate an annual staking revenue of $650M. Coinbase will pause new ETH deposits and withdrawals during the Merge. The Merge, Ethereum’s transition from PoW to PoS, is just around the corner. Thus, the whole DeFi space is gearing up for this upgrade that is scheduled
Currently, over two million users registered for name and lookup services. There have been 2,008,833 ENS names. A new record was made by the Ethereum Name Service. Over two million people have registered for name and lookup services. 2m ENS names created!! 🎉 it took 5 years to get to
DCG, or Digital Currency Group, owns Genesis and is headquartered in New York. Derar Islim, who joined the business in 2020, is filling in for Moro. Some of the largest companies in the market have had to scale down their expansion plans as a result of the ongoing crypto winter
Crypto.com, the most rapidly expanding cryptocurrency platform globally, has now revealed that it has been officially recognized as a crypto asset firm by the UK’s Financial Conduct Authority (FCA). With this authorization, Crypto.com may provide a full range of services to consumers in the UK while adhering to all applicable
Ethereum’s “Merge” update will not reduce the gas fees. The team is fixing all the misconceptions arising on the upcoming upgrade. Merge’s PoS consensus will have superior blockchain security mechanisms. The Ethereum community is set to release an update called, “Merge”, on its network. While it is in its final
Celsius mined 432.30 BTC in July, which is equivalent to nearly $10.3 million. Judge Martin Glenn of the Bankruptcy Court reached the ruling. Troubled crypto lender Celsius Network received a reprieve when the court supervising the firm’s bankruptcy case allowed the company to sell freshly mined Bitcoin. Although there were
Jesse Powell, called the federal restriction on Tornado Cash, “unconstitutional.” Uniswap’s creator emphasized his opinion that there was a gap in the market. Tornado Cash, a crypto privacy mixer, gained notice last week when it was sanctioned by the U.S. Treasury Department. The sector as a whole is beginning to
Yuga Labs released an IP licensing agreement for CryptoPunks and Meebits. NFT holders granted total commercialization rights. Non-fungible token (NFT) owners from CryptoPunk and Meebits can now build business ventures and products using their NFTs. On Monday, Yuga Labs made available for download to owners of CryptoPunk and Meebits NFT
Bitcoin has climbed by 14%, while Ethereum has increased by over 39%. The whole crypto market holds 19% of the ETH dominance. The king of altcoin Ethereum (ETH) price has been backtracking over the last few days, as a result, ETH gained over 40% in the previous month. The price
Pomerantz LLP has also filed suit against the exchange. Coinbase is accused of making false and misleading statements. Coinbase is been sued many times and is under growing scrutiny from authorities. Two law firms filed lawsuits against the cryptocurrency exchange in San Francisco, which is already under investigation by the
