OKX surpasses 50% of Bitcoin Runes market share
The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens. Go to Source
Month: May 2024
Antonio Juliano steps down as CEO of dYdX
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer. Go to Source
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users to complete stablecoin payments leveraging affordable LN transaction fees. Lightning Labs CEO … Read more
Ethereum ETF Deadline Nears As ETH Targets $3k Amidst Market Volatility
As Ethereum strives to reclaim the $3,000 trading price, investors eagerly await the deadline for three spot Ethereum ETF applications, scheduled for May 25th. ETH ETF Deadline Approaches 👀 In just 12 days, we’ll hit the final deadline for not one, but THREE spot Ethereum #ETF applications 🚨 The SEC has to make a decision … Read more
Bitcoin Reclaims $63K Mark: What’s Next For The Crypto Market?
Bitcoin surged today, reclaiming the $63K mark with a 3% gain, signaling renewed optimism in the crypto market. Intotheblock’s data reveals that approximately 5.1 million Bitcoin addresses, constituting roughly 10% of the total addresses, bought BTC between the current price and its all-time high of $72,500, indicating strong investor interest in the digital asset. 5.1 … Read more
What is phishing-as-a-service (PhaaS) and how to defend against it?
Phishing-as-a-service (PhaaS) makes it easy for cybercriminals to launch sophisticated attacks. Here’s how PhaaS targets crypto users and how to safeguard your assets. Go to Source
SEC Rejects Coinbase’s Call for New Crypto Regulations
In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing rules are adequate and that it’s not required to create new regulations from scratch as Coinbase suggests. SEC Clings to Century-Old Rules in Response to … Read more
MoonPay donates to Coinbase’s Stand With Crypto campaign
Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election. Go to Source
Uniswap Creator: Biden Administration Mistaken in Believing Crypto Irrelevant to 2024 Elections
Hayden Adams, the creator of the decentralized finance platform Uniswap, has warned the Biden Administration that it is gravely mistaken to believe that crypto will be irrelevant in the 2024 election. Adams also criticized the administration for allowing the U.S. Securities and Exchange Commission and Senator Elizabeth Warren to wage an all-out war against crypto, … Read more
MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth
Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe. Go to Source