Ethereum Experiences Continued Inflation for Over 73 Consecutive Days
Since the significant network upgrade known as the Merge in 2022, Ethereum has entered its most prolonged inflationary period to date. This sustained increase in Ether supply is largely attributable…
Transaction Fees for Bitcoin and Ethereum Drop to Seven-Month Low
In a stark contrast to the often volatile crypto landscape, Bitcoin and Ether transaction fees have significantly dropped, reaching their lowest points in several months. This change coincides with one…
Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…
Revised Ether ETF Proposals Submitted by Asset Managers Targeting July Introduction
Several prominent asset managers have recently updated their proposals for Ethereum exchange-traded funds (ETFs), signaling a significant move in the crypto investment space. On June 21, leading firms including VanEck,…
Nigeria’s SEC Introduces Updated Regulations and Compliance Measures for Digital Assets
The Nigerian Securities and Exchange Commission (SEC) has recently announced significant amendments to its rules concerning the issuance, offering platforms, exchange, and custody of digital assets. This move aims to…
Binance Executive’s Legal Battle Amid US-Nigeria Tug of War
The legal saga involving Tigran Gambaryan, a Binance executive, has intensified as Nigerian authorities press ahead with money laundering charges despite recent developments in related tax evasion cases. The unfolding…
Nigerian High Court Rejects Binance Executive’s Lawsuit Over Detention
In a recent ruling on June 19, the Nigerian High Court dismissed the lawsuit filed by Nadeem Anjarwalla, a regional manager at Binance. Anjarwalla’s case revolved around allegations that Nigerian…
Stablecoin Transfer Volume Surges 16-Fold Over Past Four Years
The use of stablecoins has surged dramatically over the past four years, marking a significant milestone in the adoption of cryptocurrencies and their integration into the global financial ecosystem. Surge…
Nomura Crypto Arm Laser Digital Bags Abu Dhabi License
Nomura’s cryptocurrency subsidiary, Laser Digital, has achieved a significant milestone in its expansion strategy by securing a broker license in the Abu Dhabi region. This license, granted by the Financial…
Iran to Launch Public CBDC Pilot in June
Iran’s Central Bank (CBI) is gearing up to introduce its national digital currency, the digital rial, in a public pilot aimed at enhancing domestic micropayments. Launch of the Digital Rial…
Bitcoin NFTs Overtake Ronin in Cumulative Sales Volume
The Bitcoin network has recently ascended in the non-fungible token (NFT) market, now ranking third in all-time sales among blockchain platforms, surpassing the Ronin blockchain. This development underscores the growing…
Coinbase International Introduces Pre-Launch Market Support
Following the trend set by centralized exchanges like Binance, Bybit, Bitget, and OKX, Coinbase International is stepping into the arena with its own launchpad designed to promote emerging crypto projects.…
Uncertain Drivers Behind Steep Decline as Major Altcoins See Double-Digit Drops
The cryptocurrency markets plunged into turmoil on Monday, witnessing significant declines across numerous altcoins, with some dropping more than 10%. Despite the pronounced downturn, industry analysts have struggled to pinpoint…
Remilia Hacker Transfers $4.3 Million in Stolen Crypto to Tornado Cash
The hacker behind the $4.3 million exploit of Remilia DAO has funneled the stolen funds through Tornado Cash, a notorious cryptocurrency mixer, according to recent blockchain analysis. Details of the…
zkSync Defends Sybil Protection Measures Amid Binance’s Own ZK Token Airdrop
As the Ethereum zero-knowledge layer-2 scaling platform zkSync prepares for its highly anticipated ZK token airdrop on June 17, the team continues to address concerns and criticisms regarding its airdrop…
Ethereum Scaling Ecosystem Reaches Record-High TPS, Driven by Layer-3 Solutions
The Ethereum ecosystem has reached a new milestone in transactions per second (TPS), largely due to a significant increase in activity on a lesser-known Ethereum layer-3 solution. On June 16,…
KuCoin Reports $1 Billion in May Investments, Highlighting Ethereum’s Influence
KuCoin Research has revealed that the cryptocurrency sector attracted over $1 billion in investments during May 2024, a slight dip from April but showing notable interest in Ethereum and related…
Circle Announces Integration with Solana: Programmable Wallets and Gas Stations
Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…
Zimbabwe Seeks Crypto Industry Input for Developing Virtual Asset Regulations
The Zimbabwean government is embarking on a significant initiative to establish regulatory frameworks for its burgeoning cryptocurrency industry. In a bid to shape a comprehensive and effective regulatory landscape, the…
Aethir Unveils Decentralized Cloud Compute Network on Ethereum Mainnet
The launch of Aethir’s decentralized cloud network introduces a transformative platform where enterprises, data centers, cloud providers, and cryptocurrency mining operators can contribute their idle GPU resources. This initiative offers…