To better understand how the Ethereum network works, you must first know these three components: ETH, ERC-20 tokens, and gas. They collectively power the network, let developers create their own tokens on the Ethereum blockchain and incentivize validators. What is ETH? The…
On Monday, dYdX revealed the launch of the V4 private testnet, a massive milestone that will see the DEX (decentralized exchange) leave the second-largest blockchain, Ethereum. dYdX also announced that the platform will start running on Cosmos by the end of September….
Coinbase has continued to lure developers into building various projects in its layer-2 network called Base. This time around, the leading crypto exchange in the United States is targeting creators of flatcoins, stablecoins that are not pegged to fiat currencies like the…
Binance’s BNB token has posted losses in the past 24 hours after charges were filed against the company and its CEO Changpeng ‘CZ’ Zhao by Commodity Futures Trading Commission (CFTC). The exchange’s native token saw a drop of 5.5%, becoming the biggest…
The United States Commodity Futures Trading Commission (CFTC) has lodged litigation against Binance, a crypto exchange, and its creator, Changpeng Zhao, accusing them of violating the law by offering cryptocurrency derivatives to customers in the U.S. without being registered. Based on the…
Every four years, the Bitcoin amount that is distributed to miners halves. This process is called Bitcoin halving. Here is why and how it works. Bitcoin’s Supply Limit Before discussing Bitcoin halving, let’s look at the theory behind this crypto’s supply. Bitcoin…
On Monday, US Federal Deposit Insurance Corporation (FDIC) reached an agreement with First Citizens Bank that would see the latter take on the loans and deposits of the now-collapsed Silicon Valley Bank. As per the FDIC announcement, the deal includes the acquisition…
Documents filed to the court earlier this month claim that Aiden Pleterski, Canada’s self-proclaimed Crypto King, was kidnapped and brutalized while being held for ransom. Pleterski, 23, is accused of operating an investment Ponzi scheme, and following the bankruptcy proceedings that started…
Last week, Crypto investment products ended an outflow strike that had lasted for six weeks after recording more than $160 million in inflows, as per a report by CoinShares. These inflows are the highest since last July. Crypto-based investments have seen massive…
In the world of cryptocurrency, narratives come and go, but one message has remained steadfast: Bitcoin is the ultimate antidote to the unconventional monetary policies of the Federal Reserve. Recently, this message has taken on a life of its own, with angel…
FatManTerra, a well-known Twitter whistleblower, has accused Mark Lamb, the CEO of CoinFLEX, of secretly providing unsecured debt to prominent cryptocurrency investor Roger Ver. These allegations have sparked debate, with many questioning the ethics of such a move by a prominent figure…
Before I discuss blue chip NFTs, it is important you know what NFTs are and their use cases. NFTs (non-fungible tokens) are unique digital assets linked to physical or virtual content, representing ownership, community membership, and authenticity. In games, these assets allow…
A recent Bloomberg News report shows New York-based stock exchange Nasdaq is looking to expand its product offerings by launching a crypto custody service. This service is set to launch in the second quarter. According to the report, the exchange has been…
Despite the crypto rally slowing down this week, some leading cryptocurrencies have still increased by double-digit percentages. Credit Suisse’s crisis largely triggered the upward price movement. Initially, the financial institution had requested a $54 billion loan from the Swiss National Bank to…
Early this morning, well-known pro-XRP attorney John Deaton urged that the Ripple blockchain contact banks or cash transmitters with a proposal to dramatically cut the costs they charge for international money transfers utilizing blockchain technology. Money transfers made affordable with Ripple According…
MilkybullCrypto (@MilkybullCrypto) just joined the social media platform to provide some intriguing thoughts regarding the cryptocurrency industry. According to the user, the following week is critical for the crypto business since a snapshot of a Dune chart shows that the market’s selling…
According to David Adler, the Bankruptcy Partner at McCarter & English, LLP, Celsius is revamping its schedules after the recent Customer Contract Decision. This move allows creditors to file their proof of claim during the specified period. Remember to mark your calendars…
Crypto staking has become popular among crypto investors as it provides a way to earn passive income. What is Staking? Staking is a process that involves an investor locking a certain amount of tokens on a blockchain that employs the proof-of-stake…
Tech-focused investment company ARK Invest purchased Coinbase shares (COIN) worth about $18 million hours after the Securities and Exchange Commission (SEC) served the exchange with a Wells Notice for reportedly violating securities laws. The investment firm has also had its fair share…
Since Venezuela President Nicolas Maduro ordered the arrest of Joselit Ramirez and the restructuring of the nation’s crypto regulatory agency, the crypto industry in that country has appeared to be suffering. A day ago, the new leadership of the Superintendent of Crypto…
