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Ethereum Maintains Dominance as Cross-Chain Solutions Evolve: Analyzing Future Trends in Blockchain Abstraction
The future of blockchain technology will not be shaped by meeting current demands but by anticipating future needs. Understanding user preferences in the crypto space is critical for the evolution of decentralized applications (dApps) and blockchain protocols. Analyst Kinji Steimetz from Messari states, “Focusing on the outcome means building or [more ...]
Ethereum Foundation Transfers 84,211 ETH: Potential Support for Edge City Project
The Ethereum Foundation has once again made headlines in the crypto world with its latest move. According to on-chain analytics platform Arkham, the foundation transferred 84,211 ETH to an unknown wallet on September 19. Analysts suggest that this transaction might be a donation, as the Ethereum Foundation has made similar [more ...]
Super Trump Coin: Donald Trump’s Crypto Surge Sees 7% Growth Amid Election Excitement
The launch of World Liberty Financial, alongside Donald Trump’s growing influence, has significantly impacted the cryptocurrency market. Observations show an increase in Trump's popularity within the crypto community, fueled by his active participation and bold promises to support the sector. Notably, a meme coin associated with Trump, Super Trump Coin, [more ...]
Terraform Labs to Cease Operations After Bankruptcy, Offers Payments for Terra Stablecoin Collapse
Terraform Labs, the developer behind the algorithmic stablecoin Terra, has announced its decision to cease operations following its bankruptcy court proceedings. The company plans to offer payments between $184.5 million and $442.2 million to its creditors as part of its settlement. Terraform Labs Halts Operations Post-Bankruptcy In a significant development, [more ...]
Ethereum Maintains Dominance as Cross-Chain Solutions Evolve: Analyzing Future Trends in Blockchain Abstraction
The future of blockchain technology will not be shaped by meeting current demands but by anticipating future needs. Understanding user preferences in the crypto space is critical for the evolution of decentralized applications (dApps) and blockchain protocols. Analyst Kinji Steimetz from Messari states, “Focusing on the outcome means building or...
Ethereum Foundation Transfers 84,211 ETH: Potential Support for Edge City Project
The Ethereum Foundation has once again made headlines in the crypto world with its latest move. According to on-chain analytics platform Arkham, the foundation transferred 84,211 ETH to an unknown wallet on September 19. Analysts suggest that this transaction might be a donation, as the Ethereum Foundation has made similar...
Super Trump Coin: Donald Trump’s Crypto Surge Sees 7% Growth Amid Election Excitement
The launch of World Liberty Financial, alongside Donald Trump’s growing influence, has significantly impacted the cryptocurrency market. Observations show an increase in Trump's popularity within the crypto community, fueled by his active participation and bold promises to support the sector. Notably, a meme coin associated with Trump, Super Trump Coin,...
Terraform Labs to Cease Operations After Bankruptcy, Offers Payments for Terra Stablecoin Collapse
Terraform Labs, the developer behind the algorithmic stablecoin Terra, has announced its decision to cease operations following its bankruptcy court proceedings. The company plans to offer payments between $184.5 million and $442.2 million to its creditors as part of its settlement. Terraform Labs Halts Operations Post-Bankruptcy In a significant development,...
Bitcoin Faces New Challenges as It Approaches $64,000 Resistance Level
As Bitcoin struggles to break the critical $64,000 resistance level, the cryptocurrency is facing high volatility. The Federal Reserve's decision to cut interest rates by 50 basis points has contributed to a more than 10% rise in BTC prices over the past week. In March 2024, Bitcoin reached an all-time...
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Kamala Harris Presidency May Intensify U.S. Crypto Crackdown
As the 2024 U.S. presidential election draws closer, concerns are growing within the crypto industry about the potential impact of a Kamala Harris presidency. Recent [more…]
Cronos zkEVM Launches as First Third-Party ZK Chain on Mainnet
Cronos zkEVM has officially launched on the mainnet, marking the first time a third-party Layer-2 ZK chain has gone live beyond the ZKsync Era. This [more…]
IMF Proposes 85% Tax Increase on Crypto Mining to Combat Carbon Emissions
The IMF officials, Shafik Hebous and Nate Vernon-Lin, recently suggested a tax that could substantially increase the cost of electricity for crypto miners and AI [more…]
Busted: ZachXBT Reveals How North Korean Crypto Devs Rake in $500K Monthly!
Blockchain investigator ZachXBT revealed a complex network of North Korean developers allegedly raking in as much as $500,000 monthly working on numerous crypto projects. At [more…]
Japan’s METI Launches Blockchain Pilot for RWA Tokenization
Japan’s Ministry of Economy, Trade, and Industry (METI) has launched a blockchain pilot program aimed at revolutionizing the nation’s digital landscape. DEYTHERE Media News reports [more…]
Prediction Market Shake-Up: Trump Down, Harris Up
Most surprisingly, it has been found that within the political prediction markets, the probabilities of Donald Trump assuming the presidency again in the year 2024 [more…]
South Korea’s NPS Buys $33.75M in MicroStrategy Stocks Amid Economic Uncertainty
South Korea’s National Pension Service (NPS) has recently made its foray into the cryptocurrency segment, buying $33.75 million MicroStrategy stocks. This action shows that financial [more…]
Chinese Authorities Expose $1M USDT Money Laundering Operation
In Qingdao, China, according to Blockbeats local police have apprehended nine suspects involved in a money laundering scheme using the stablecoin USDT. The operation, which [more…]
Chainalysis Exposes Surging Stolen Crypto Funds Despite 20% Drop in Illegal Activity
In a mid-year report by Chainalysis, a blockchain analytics firm, illegal crypto activities have been cut down by 20% so far; this shows progress in [more…]
Nigeria Crypto Wallets Linked to Protests Evade Government Freeze Orders
The ongoing saga surrounding the Nigerian government’s efforts to freeze funds linked to the #EndBadGovernance protests have taken a new twist. Despite official claims that [more…]
