Binance, the world’s largest cryptocurrency exchange, has terminated support for Russian Ruble (RUB) (P2P) trading pairs, including popular cryptocurrencies like Bitcoin and Ethereum. This move, disclosed on December 11, comes after Binance agreed to offload its recently established business operations in Russia to CommEx, a strategic decision influenced by mounting regulatory pressures. The official announcement […]
An Ethereum whale, dormant for five years, made a notable return by depositing $87.5 million worth of ETH on the Kraken exchange this Monday, according to data from Lookonchain. The whale had previously received 47,260 ETH valued at $11.34 million between June and August 2017. It sold 8,000 ETH in the following year and has […]
The United States Securities and Exchange Commission (SEC) has delayed its verdict on the proposed Grayscale Ethereum Trust exchange-traded fund (ETF). This move, announced on December 5, grants the SEC additional time to assess a rule change allowing NYSE Arca to list and trade the Grayscale Ethereum Trust shares. They have set a new deadline […]
Solana co-founder Anatoly Yakovenko has expressed a new view on Solana vs. Ethereum. He succinctly advocated the crypto community avoid discussing platforms that purport “to kill Ethereum.” Yakovenko further stated that Solana’s victory does not have to be at the expense of Ethereum; rather, they can coexist in harmony and prosper in equal measures. He […]
Dear Reader, CF Benchmarks launched the CF Ethereum Staking Reward Rate (ETH_SRR) in response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate. The inaugural CF Staking Series benchmark aims to precisely measure the economic incentive structures linked to Ethereum’s Proof of Stake (PoS) blockchain. Furthermore, Ethereum staking rewards […]
Recent moves by the largest cryptocurrency exchange, Binance, to remove several bitcoin-Ethereum pairings have caused a stir as they are under more regulatory scrutiny. The move is meant to address legal obstacles that have been affecting the digital assets industry with effect from Nov. 28. Binance announced the delisting of Bitcoin and Ethereum cross-margin and […]
KyberSwap, a decentralized exchange (DEX), has fallen victim to a significant exploit, resulting in the loss of approximately $46 million in various crypto assets. The incident, which raised concerns among users about the security of their assets, was reported by Kyber Network on Nov. 23. The team said the attack targeted KyberSwap Elastic, its auto […]
After Fantom was hacked in October, their loss was $550,000. Yet, a security investigator revealed the hacker could have taken up to $170 million. Post-hack, the non-profit Fantom Foundation made the Fantom blockchain platform safer. They sorted a big flaw following the October hack, which cost them $550,000. On the 17th of October, it experienced […]
Bitcoin transaction costs have jumped higher than Ethereum’s due to a revived interest in Ordinals-coded properties. Daily fees for Bitcoin transactions have surpassed those of Ethereum due to an uptick of Ordinals-linked hustle on the Bitcoin network. As of November 20, the ordinary daily fee for a Bitcoin transaction was pinned at $10.34. In contrast, […]