U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One
Polygon, the Ethereum layer-2 platform, released the Zero Knowledge Ethereum Virtual Machine (zkEVM) scaling technology to the mainnet on Monday. It reduced transaction fees and increased the throughput of Smart contract deployments. Polygon stated that it makes all the aspects of its zkEVM open source, and the developers can study
The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community. BTC began mid-March with
Recent whale observations suggest an unprecedented level of activity. Before the most anticipated Ethereum Shanghai update that will permit staked Ethereum withdrawals, crypto whales are buying up ETH in the millions. Many ETH have been moved from cryptocurrency exchanges to wallets in the previous 24 hours, according to Whale Alert.
The cryptocurrency market is now enjoying positive momentum, having just recovered from a dismal spell that lasted throughout February. Bitcoin and Ethereum, the two digital currencies leading this upswing, are doing particularly well despite heightened US government regulation. Arbitrum (ARB), PancakeSwap (CAKE), and Ethereum (ETH) are the top three most
The Shiba Inu team officially released the public documentation of the layer 2 solution Shibarium. The SHIB project brands Shibarium as the Shiba Inu ecosystem’s “low-cost blockchain solution” for the community. There have been ample FUDs and speculations revolving around Shibarium Beta. Recently, a pseudonymous Chain ID launched on Puppynet
The zkSync Era mainnet alpha is now accessible to all crypto enthusiasts, according to the official statement shared by Matter Labs. After four years of development, the Ethereum layer 2 scaling network has finally been made available to users in alpha, allowing for transfers that are both quicker and less
Santiment, the crypto-analyzing firm, tweeted that many Altcoins have experienced several transactions recently. Some are the biggest transaction of the year for the respective networks. 🐳 #Altcoins have lit up with several transactions among the biggest of the year for their respective networks. $MATIC and $FET have both seen a
Litecoin (LTC) emerged as one of the top-performing cryptocurrencies on March 23. It has separated itself from the broader market fall after the Fed decides to increase the interest rate. The decision may negatively affect Bitcoin (BTC) and other cryptocurrencies. However, Litecoin was able to pick out a 13.78% increase
The Arbitrum token airdrop is one of the most significant events of the year in the crypto world. Also, it’s been “talk of the town” in the crypto space since the official announcement of the “Arbitrum Airdrop.” Another Ethereum L2 solution’s token airdrop that had previously sparked similar interest was
