Category Archive: Cryptocurrency, No picture
Robinhood Crypto launches Solana staking with 5% APY for EU users
Robinhood’s European crypto branch has introduced Solana staking for its customers, offering an annual percentage yield (APY) of approximately 5% at launch.According to Johann Kerbrat, general manager of Robinhood Crypto, the actual yield may vary as staking rewards change over time. The 5% APY offered by Robinhood Crypto is slightly lower than Coinbase’s estimated reward […]
El Salvador mines nearly 474 Bitcoin using volcanic geothermal power
El Salvador has mined 473.5 Bitcoin (BTC) over the past three years using the geothermal power of the Tecapa volcano, Reuters reported today.Based on Bitcoin’s current price, this amount has translated into a $29 million increase in value. The nation’s total Bitcoin holdings now reach 5,750 BTC, equivalent to nearly $354 million, according to data […]
Vanguard set to appoint ex-BlackRock ETF chief as next CEO: WSJ
Salim Ramji, former head of BlackRock’s exchange-traded funds (ETFs) and index investing, is set to take the helm at Vanguard Group as chief executive officer starting July 8, according to a Tuesday report from WSJ.As noted, Ramji will succeed Tim Buckley, who announced his departure in February after over 30 years with Vanguard. The former […]
Lido co-founders back EigenLayer rival Symbiotic — report
A report from crypto media platform CoinDesk claims that Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, along with venture capital firm Paradigm, are secretly funding a new company called Symbiotic.Notably, Symbiotic allows users to restake assets like Lido’s staked ether (stETH) token and other ERC-20 assets, unlike EigenLayer, which only accepts ETH tokens. Such a […]
Bitcoin L2 protocol bridge Alex suffers $4.3M in losses after suspicious upgrades
The Alex protocol bridge on the BNB network has experienced $4.3 million in suspicious withdrawals following a sudden contract upgrade, according to a report from blockchain security platform CertiK on May 14. #CertiKInsight 🚨 We have seen a suspicious transaction affecting @ALEXLabBTC Initial evidence points to a possible private key compromise. Deployer of 0xb3955302E58FFFdf2da247E999Cd9755f652b13b upgrades […]
Pre-token markets can revolutionize interactions with financial instruments: Keyrock report
Pre-token trading platforms are still an unpredictable market for buyers and sellers, according to a recent Keyrock report. Despite offering early access to tokens before they launch, data gathered by Keyrock suggests few buyers find profits in these platforms.Nevertheless, the speculation around the token price serves as a crucial barometer for initial market reactions and […]
GameStop Wif Hat meme coin skyrockets 47,000%, then plummets
Solana meme coin GameStop Wif Hat (GMEWIFHAT) showed stellar growth this Tuesday, with its price surpassing 40,000%. However, at the time of writing, the upside for GMEWIFHAT is just 131%.The price increase is tied to the return of RoaringKitty, the trader largely credited for spiking the GameStop stock surge in late 2020 along with the […]
TRON DAO adds Google Cloud as a Super Representative Candidate on the TRON blockchain
Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions to help ensure blockchain governance on the TRON network. This initiative builds on TRON’s collaboration with Google Cloud to make its […]
Wisconsin’s state holds $99 million of BlackRock Bitcoin ETF shares
The State of Wisconsin Investment Board (SWIB) revealed its holdings of over $99 million worth of BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT at the end of the first quarter, according to its 13F Form filings with the SEC. The amount is equivalent to 2,450,500 IBIT shares.Bloomberg ETF analyst Eric Balchunas stated through an X […]
Deutsche Bank joins Singapore’s Project Guardian to advance asset tokenization
Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore (MAS) on Project Guardian, an initiative focused on asset tokenization for wholesale funding markets and decentralized finance (DeFi) applications.Deutsche Bank’s role in this collaborative effort is to test the open architecture and interoperable blockchain platform to service tokenized and digital funds. The bank […]
