Just now, the Ethereum-based DeFi liquidity provider, Balancer ($BAL) revealed a report on its TVL (Total Value Locked) which is estimated to be $1.56 billion. The Balancer is one of a well-known Decentralized “Automated Market Makers” (AMMs) on the Ethereum network that lets users quickly swap tokens and be rewarded
Casa, a business that provides security services for Bitcoin, stated on Wednesday that it will soon begin offering the same solutions for Ethereum and assets built on top of it. According to a statement released by Casa, the firm will begin rolling out Ethereum compatibility to users in January. Casa
According to reports, a huge number of employees at Candy Digital, a sports and entertainment NFT firm that was created in 2021 and grew to a value of $1.5 billion the same year, were let go today. Sportico was the first to break the story. That Candy had fired more
Bitcoin (BTC) and Ethereum (ETH) are not considered securities, according to the Financial Services and Markets Authority (FSMA) in Belgium. Regulatory organizations all over the globe are attempting to define the emergent asset class. But thus yet, only a few of them have been successful. It’s worth noting that the
The wallet’s developer ConsenSys published a revised privacy policy agreement On Nov 23, which prompted criticism on social media. That stated, ConsenSys’ well-known Infrura product has been intended to collect users’ additional data. According to the statement, MetaMask would start collecting users’ IP addresses and Ethereum wallet addresses while on-chain
The crypto scenario has turned upside in a year’s gap. Last autumn was 180 degrees opposite of this year’s autumn in the crypto world. Many of the cryptocurrencies attained their All Time High (ATH) during the month of November 2021. But now the same coins have slipped 50% below. CoinGecko
On Tuesday, a court in the Netherlands extended the prison sentence of Alexey Pertsev, the programmer behind the cryptocurrency mixer Tornado Cash. Reportedly, the court rejected claims that Perstev lacked the authority to manage Tornado Cash. Moreover, prosecutors said that the developer is essential to the crypto mixer’s operation. The
Selling pressure was high on Sunday night for the second biggest cryptocurrency in the world, ETH. The attacker who stole $600 million from the FTX exchange was reportedly trading in his Ether for Bitcoin on Sunday, November 20. The hacker exchanged all the stablecoins for Ethereum last week, amassing $288
Vitalik Buterin, co-founder of Ethereum, recently sent a letter proposing a proposal to implement the ZK-SNark feature in order to increase the scalability of the Ethereum network. Balaji Srinivasan, a former chief technology officer of Coinbase, Kraken, and Binance, was also brought up in the letter. Vitalik claimed in his
To move USDT from the Solana blockchain to the Ethereum blockchain, stablecoin issuer Tether has launched a $1 billion chain swap. The news comes as Solana, which was among the top 5 largest cryptocurrencies by market size only weeks ago, struggles in the wake of the bankruptcy of crypto exchange
