The crypto market is showing signs of life as Bitcoin’s value rises. After failing to break over $26,500 earlier this week, BTC is hovering around the $27,000 mark at the time of writing. Moreover, Toncoin had been in news lately for defying the market trend and registering a strong rally.
VanEck plans to give The Protocol Guild, a group of 152 people working on the fundamental protocol for Ethereum, ten percent of its Ethereum Strategy exchange-traded fund’s profit for at least ten years. VanEck also complimented the Ethereum developers for their tenacity in creating and maintaining this shared infrastructure over
Recent months have seen a surge in Total Value Locked (TVL) in the Solana ecosystem, despite a precipitous decline in DEX volumes. The declining DEX activity in Solana’s DeFi landscape has caused considerable concern, given the significance of these metrics to the general condition of a DeFi network. Base, Coinbase’s
VanEck, a major investment management firm, has announced its plan to create the VanEck Ethereum Strategy Exchange Traded Fund (EFUT), a significant step that reflects the rising acceptability of cryptocurrencies in conventional finance. This follows the company’s prior entrance into the cryptocurrency sector with the launch of its Bitcoin Strategy
Polygon PoS, a prominent layer 2 scaling solution for Ethereum, is set to witness a significant shift as it prepares to launch native USDC by Circle, the issuer of USDC on October 10th. This marks a step towards reducing reliance on bridged USDC. The transition to native USDC comes with
Bitcoin Cash (BCH), a cryptocurrency that forked from Bitcoin, has been creating a buzz in the crypto market with its recent performance. It has surged to a two-month high of $234, marking an 8% increase in the past 24 hours. This price range has been long-awaited by traders who have
Total Value Locked (TVL) in the Solana ecosystem has increased recently, yet DEX volumes have dropped significantly. Given the importance of these numbers to a DeFi network’s health, the decline in DEX activity in Solana’s DeFi landscape has sparked some worry. SOL’s price had shown surprising resilience and recovered at
The Merge update to Ethereum’s core protocol was a watershed point in the cryptocurrency’s history, marking a transition away from the inefficient proof-of-work (PoW) consensus mechanism in favor of the more energy-efficient proof-of-stake (PoS). Ethereum’s compliance with the strict criteria imposed by the Office of Foreign Assets Control (OFAC) has
Former Obama administration employee Lauren Belive has been recruited by Ripple to lead the company’s public policy and government operations in the United States. Belive will take charge of the company’s efforts in Washington and elsewhere to promote crypto-friendly regulations for both consumers and companies. Before joining SoftBank Group International
In a recent development, Shiba Inu, the popular memecoin, has unveiled plans for an upgrade to its ecosystem—Shiba Hub, an upcoming application. The announcement was made by the project’s marketing strategist, Lucie, in X post just hours ago. Shiba Hub, described as a “gateway to something extraordinary,” promises to bring
