Category Archive: Cryptocurrency, No picture
Cardano prepares for Voltaire era with node 9.0 launch
Cardano’s founder Charles Hoskinson has indicated that Cardano Node’s 9.0 release is likely to take place in June. This launch prepares Cardano for the Chang hard fork which will mark the beginning of the Voltaire Age. “It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is […]
Wintermute CEO questions Ethereum’s leadership paradox amid celebrity memecoin controversy
Evgeny Gaevoy, CEO of Wintermute, said if Ethereum fails in the future, it will not be because of technical shortcomings compared to competitors like Solana. Instead, the core issue is the contradiction in Ethereum’s leadership. “If ETH fails in the future it [won’t] be because ‘Solana is faster’, it will be because the [ETH] ‘elite’ […]
Bitcoin struggles to rally as Tether’s USDT growth stagnates: CryptoQuant
Demand for Bitcoin from large investors and permanent holders is on the rise. However, Bitcoin (BTC) has yet to see a major price rally since the growth in USDT’s market capitalization is slowing, according to CryptoQuant’s recent report. “Stablecoin liquidity has yet to recover its growth trajectory in order to underpin a price rally,” CryptoQuant […]
Friend.tech develops Friendchain, uses $FRIEND as gas token
Friend.tech, a decentralized social media platform built on the Base network, announced Friday that it is developing its own blockchain, called “Friendchain,” in collaboration with Conduit, a crypto-native infrastructure platform. $FRIEND, the native token of Friend.tech, is set to empower the new blockchain. We’re pleased to be working with @conduitxyz on Friendchain, our own blockchain […]
Ethereum devs confirm Pectra upgrade to include EIP-7702, PeerDAS, and more
Ethereum developers have confirmed a list of Ethereum Improvement Proposals (EIPs) to be integrated into the Pectra upgrade, according to a recent announcement from Ethereum educator Anthony Sassano. Among the notable EIPs are EIP-7702, EIP-7594 (PeerDAS), and EIP-7251 (MaxEB).Proposed by a group of Ethereum developers, including Ethereum co-founder Vitalik Buterin, EIP-7702 targets enhanced account abstraction, […]
Bakkt explores potential sale or breakup amid surge in crypto M&A activity
Bakkt is considering strategic options, including a potential sale or breakup, according to an initial report from Bloomberg citing persons familiar with the matter. The move comes amid a surge in takeover activity within the cryptocurrency sector.The sources, who asked to remain anonymous due to the confidential nature of the matter, revealed that Bakkt has […]
TRON DAO at Consensus 2024 with exclusive Whale Night event
Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem.Consensus 2024: Highlighting TRON’s InnovationsConsensus […]
Sky Mavis says $5.7M recovered from $600M Ronin exploit
Sky Mavis has recovered $5.7 million of funds stolen from Axie Infinity’s Ronin Bridge, according to a Friday announcement from the team.The recovery was achieved through the collaborative efforts of various entities, including the Økokrim, a Norwegian law enforcement agency, and the FBI, said Sky Mavis. Specifically, Økokrim successfully froze and returned $5.7 million stolen […]
DeFi loans surge to record highs amid yield chase
The search for innovative yield strategies in the decentralized finance (DeFi) ecosystem sent the on-chain borrow excess to $11 billion, according to IntoTheBlock’s “On-chain Insights” newsletter. This represents a two-year peak, which was propelled by Ether.fi and Ethena. Ether.fi’s eETH and Ethena’s USDe have soared to $6.4 billion and $3.2 billion in supply, respectively. Ether.fi’s […]
CoinGecko confirms data breach from third-party email platform
Independent crypto data aggregator CoinGecko has confirmed that it experienced a data breach on June 5, 2024, through its third-party email platform, GetResponse.The company has provided a transparent account of the incident, detailing the steps taken to address the issue and advising users on how to protect themselves.The data breach occurred when an attacker compromised […]
