Crypto market leads Bitcoin (BTC) and Ethereum (ETH) have plunged more than 8% in the last 24 hours. The whole market is in panic as every other cryptocurrency is seen in red. Among the top 20 coins, only the stablecoins are witnessing a green graph. The fall is continuously declining
In an intriguing turn of events, the U.S. Commodities and Futures Trading Commission (CFTC) declared Ethereum and stablecoins to be “commodities” and so subject to its regulatory authority. It’s a move that pits the CFTC squarely against the U.S. Securities and Exchange Commission, which wants to regulate all cryptocurrencies as
Vitalik Buterin, the co-founder of Ethereum, has contributed $15 million USDC from the Balvi Philanthropic Fund. This is towards the University of California, San Diego, to fund studies into airborne diseases. This grant is said to be the largest ever contributed to open-source research on aerosols. And one of the
Several altcoins were offered as souvenirs to the co-founder of the world’s second-largest blockchain, Ethereum, but he has swapped them recently. The on-chain data portal Lookonchain reports that Vitalik Buterin has converted over $700,000 worth of various altcoins into ETH. He has already made a profit of 1.25 ETH from
Tether made an announcement of coordinating with Binance to perform a chain swap. This is basically a conversion process of assets from the existing blockchain to another blockchain. Tether’s announcement had details of tokens in Tron shifted to Ethereum. In few minutes Tether will coordinate with Binance to perform a
As a result of the Silvergate Debacle, the price of Ethereum, the second biggest cryptocurrency, is coming under heavy selling pressure. Investors are wary of reentering the market after Silvergate’s recent filings raised the spectre of the company’s collapse. Yet, a sleeping whale’s wallet was seen splurging from its fund
The recent talks about Bitcoin NFTs have gained massive attention. Post the launch of Ordinal at the start of the new year, the NFT marketplace saw a jump from leading NFT blockchains to Ordinals. Specifically, Ethereum and Solana were well-known leads in the field of NFT. Another major hit was
Following prominent crypto exchanges such as the Coinbase announcement, which made its distance with Silvergate bank, Bitcoin, Ethereum, and the rest of the cryptocurrency market have taken a significant blow. A sharp decline in the price of Bitcoin and across the global crypto market has sparked a flood of liquidations.
The start of 2023 and February’s excitement over the cryptocurrency market turned to struggle at the end of Feb. After a prolonged 2022 bearish, the market signals recovery from Jan 1st, but the recent Federal regulator’s scrutiny over the crypto industry led top digital assets to face unstable price momentum.
The Account Abstraction Grant 2023 is a new funding opportunity from the Ethereum Foundation that aims to speed up and improve the existing system. The Ethereum ecosystem support programme encourages builders and coders by providing them with resources for ongoing initiatives that improve the Ethereum blockchain’s features and capabilities. Under
