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XRP transfer volume surges, on-chain data shows increasing amount of XRP holders buying BTCS
11.9.2023
On-chain data suggests the transfer volume for XRP is surging, with more XRP holders buying BTCS. What is XRP? XRP is a cryptocurrency created by Ripple Labs to facilitate fast and cost-effective cross-border transactions. It operates on its blockchain, the XRP Ledger (XPRL), which uses the Ripple...
Is 2023 the year genuine cross-chain interoperability takes off?
11.9.2023
Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
9.9.2023
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...
Hyperspace debuts on Avalanche, its first EVM chain
7.9.2023
Avalanche has announced the EVM chain debut of Hyperspace, a multi-chain NFT marketplace. The mission is to offer an enhanced experience to users when it comes to non-fungible tokens. Hyperspace has chosen Avalanche for a variety of reasons. This includes power, speed, and eco-friendliness. Also...
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
6.9.2023
The fundraise comes as interoperability protocols have attracted investors, despite the bear market
DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
6.9.2023
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday
DApp store for your wallet: Consensys readying cross-chain Metamask Snaps
6.9.2023
The upcoming MetaMask Snaps will allow users to interact with different blockchains like Bitcoin and Solana from inside their MetaMask wallet
DYDX Token Receives Full Community Support for dYdX Chain Integration
5.9.2023
Popular decentralized exchange dydx has received unanimous approval from its community to transition to version 4 and adopt the DYDX token as the Layer 1 token for its upcoming blockchain.
The vote, which took place on the Snapshot platform and concluded on September 4, garnered almost 100%...
On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest
5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.
The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...
What Is the Drivechain Proposal and Why Is It Dividing the Bitcoin Community?
5.9.2023
Drivechain, a Bitcoin improvement proposal that presents a way of scaling Bitcoin using sidechains, level two blockchains that receive bridged tokens from a parent chain, is generating a loud buzz on social media from supporters and detractors. While Paul Sztorc, the author of the Drivechain...
Maker Co-Founder Proposes Future Protocol Implementation on Solana Fork
5.9.2023
Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing...
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
5.9.2023
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers
Crypto Casino Stake Targeted in Reported $40M Exploit
4.9.2023
The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
4.9.2023
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance
Matter Labs co-founder proposes 'Ethereum Supreme Court' for on-chain disputes
4.9.2023
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network
The Elite Ten: How a Handful of Ethereum Wallets Command Over a Third of ETH’s Total Supply
3.9.2023
Ethereum (ETH), boasting its position as the second most dominant cryptocurrency by market capitalization, is held by a staggering 242,686,839 unique addresses. Fast forward to September 3, 2023, and a mere ten ether addresses command a whopping 34.18% of its entire supply. Let’s dive in...
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
MakerDAO co-founder proposes fork of Solana codebase for native chain
2.9.2023
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.”
Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar
1.9.2023
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
1.9.2023
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem