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Blockchain

Are Inscriptions following the path of the Dodo?

Quick Take In the aftermath of the April 20 Bitcoin halving, the digital asset has experienced significant changes in its fee structure, transaction composition, and hash rate resilience Data from
Blockchain

Renzo’s ezETH token depeg triggers liquidations across DeFi platforms

Renzo’s liquid restaking token (LRT), ezETH, experienced a significant depegging event that liquidated millions from “loopers” using the token as collateral on leverage protocols
Blockchain

April 30 set for historic launch of Bitcoin and Ethereum ETFs in Hong Kong

Quick Take In a significant development for the digital assets market, Hong Kong has officially approved the launch of exchange-traded funds (ETFs) for both Bitcoin and Ethereum According to Eric
Blockchain

Bitcoin US ETFs inflows exceed new daily mining output on April 23

Quick Take Farside data shows that the Bitcoin (BTC) exchange-traded funds (ETFs) market saw a total inflow of $316 million on April 23 The market has experienced a surge in inflows over the past few
Blockchain

Nigeria freezes over 300 P2P accounts on more crypto exchanges amid forex concerns

Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending
Blockchain

US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao

The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao In response, Zhao’s legal team contends that
Blockchain

Bitcoin Runes made up 57.7% of transactions on halving day

Launched on the day of the Bitcoin halving, Runes are a form of data embedded directly into Bitcoin transactions Unlike simple financial transfers, Runes encapsulate additional information within
Blockchain

Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays

Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection
Blockchain

Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip The company is now finalizing a
Blockchain

SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon

The US Securities and Exchange Commission (SEC) wants nearly $53 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud The
Blockchain

Top five stablecoins near all-time high with $150 billion market cap

Quick Take The aggregate supply of the top five stablecoins has reached $150 billion in market capitalization, with USDT (Tether) and USDC (USD Coin) leading the pack at $110 billion and $34 billion,
Blockchain

Crypto donations in the US hit $2 billion after top charities accept digital contributions

Leading US nonprofits are increasingly accepting crypto donations, marking a significant shift in charitable giving trends, according to a BanklessTimes report Two out of the three top US-based
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