Category Archive: Cryptocurrency, No picture
Logos publishes privacy manifesto on largest-ever Bitcoin block from 2009
Logos, a decentralized and privacy-focused technology stack, has inscribed its manifesto on the largest-ever Bitcoin block, measuring 3.99 MB in size.The inscription, which precedes the launch of an Ordinals collection called Logos Operators, was made on a satoshi created in 2009 in block 3,479.Logos (also named as Logos Network), characterizes itself as a politically neutral […]
Trezor to end privacy-enhancing coinjoin feature as Wasabi Wallet steps back
Crypto hardware wallet manufacturer Trezor announced today the discontinuation of the coinjoin feature in its Trezor Suite. The service, provided in partnership with zkSNACKs, the developer of the Wasabi Wallet, will cease by June. Despite the shutdown, Trezor assures users that funds within Coinjoin accounts will remain accessible. Coinjoin in Trezor will be shut down […]
SEC will classify ETH as security and reject spot Ethereum ETFs, says Michael Saylor
Michael Saylor believes that the US Securities and Exchange Commission (SEC) will label Ethereum as a security this summer and consequently deny all spot Ethereum ETF applications. He also claimed that other major cryptos like Binance Coin (BNB), Solana (SOL), Ripple (XRP), and Cardano (ADA) will likely face similar security classifications from the SEC. “Ethereum […]
Ethereum Name Service challenges Unstoppable Domains’ patent
Ethereum Name Service (ENS) has petitioned the United States Patent and Trademark Office (USPTO) to challenge the validity of a patent obtained by Unstoppable Domains (UD) in 2023. ENS claims that UD’s patent utilizes technology that ENS had developed and open-sourced.In a statement on social media platform X, ENS explained that UD obtained a patent […]
Eclipse unveils Neon Stack to bridge the gap between Ethereum and Solana
Eclipse announced today the deployment of the Neon Stack technology, aimed at solving the compatibility issues between Ethereum and Solana ecosystems. The Neon Stack is a technology suite developed by the core Neon EVM team, which makes the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) interoperable.This integration of the SVM by Eclipse […]
BTC, ETH, and SOL might overperform meme coins as the market recovers, says Nansen analyst
Major crypto like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) could potentially outperform meme coins in the current market landscape, according to on-chain analysis firm Nansen Principal Analyst Aurelie Barthere. “Our analysis suggests that the recent crypto sell-off has dampened risk-on sentiments among traders, leading to a pronounced negative skew in return distribution. As the […]
Iranian crypto mining poses ‘direct threat’ to national security, Senators Warren and King argue
US Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) have sent a letter to top military and financial officials, expressing concerns about Iran’s reliance on cryptocurrency mining as a means of generating revenue and potentially evading US sanctions.The letter, dated May 1, was addressed to Secretary of Defense Lloyd Austin, Secretary of the Treasury Janet […]
Bitcoin mining firm Stronghold considers potential sale
Stronghold Digital Mining, Inc. (NASDAQ: SDIG), a vertically integrated Bitcoin mining firm, has announced the initiation of a formal strategic review process to explore alternatives for “maximizing shareholder value,” including the potential sale of all or part of the company.In its first-quarter 2024 earnings release, Stronghold reported revenues of $27.5 million, a 27% increase sequentially […]
RWA protocol Untangled Finance debuts private credit pool on Celo
Real-world asset (RWA) protocol Untangled Finance has announced its first on-chain securitization pool on the Celo blockchain. The pool is structured under Luxembourg’s securitization laws, collateralized by a diverse set of French working capital assets from fintech Karmen, and has a debt ceiling set at $6 million.The Credit Collective, supported by Fasanara Capital as the […]
MoonPay and PayPal unite to streamline fiat-to-crypto transactions for US users
PayPal has partnered with MoonPay to introduce a new fiat-to-crypto transaction service for US customers, according to a press release published today by MoonPay. The collaboration marks MoonPay as the first on- and off-ramp provider to incorporate PayPal’s payment system, enhancing the ease of purchasing crypto. 🌙 Exciting news from MoonPay! 💳 Today, we’re thrilled […]
