A trend indicated that more and more people were taking ETH out of the market and using it as an investment to earn yields in staking.

Binance’s venture capital and incubation arm, Binance Labs, has announced investing $10 million in LayerZero Labs-based lending and borrowing protocol, Radiant Capital. The capital raised in the strategic funding round will be deployed to tech and product development to expand on oracle support, collateral expansion, Ethereum mainnet deployment, cross-chain liquidations, dual-emissions support, abstracted repayments, and […]

The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week.

Hot on the heels of a partial victory in its fight with the SEC last week, Ripple is setting its sights on obtaining regulatory greenlight in the UK and the Republic of Ireland. Ripple has already sent applications for registration as a crypto asset firm with the UK’s Financial Conduct Authority (FCA) and for a […]

XRP price has been trading around $0.80 for the past week, having retreated before hitting the $1 level. Ripple’s win against the SEC remains a huge catalyst and several indicators suggest a new leg is likely. If price breaks out amid new upside catalysts, it could be a big move for XRP. XRP’s explosive gain […]

With a swath of Bitcoin spot ETF applications knocking at the regulators’ doorsteps, it’s only a matter of time before the U.S. Securities and Exchange Commission (SEC) is forced to issue a decision on whether or not to approve them. Estimates show that the agency may approve the first application as early as August. First […]

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as the […]

In a recent Twitter revelation, Chief Commodity Strategist of Bloomberg Intelligence, Mike McGlone, disclosed some crucial insights about Bitcoin that might have a larger impact on the economy.  The stakes are high as Bitcoin hovers around the $30,000 mark, drawing attention due to speculations about a potential ETF launch and the soaring stock market. However, […]

In a recent cyber incident, hackers successfully compromised the Twitter account of the founder of Uniswap Labs, Hayden Adams. Uniswap, a decentralized exchange operating on the Ethereum blockchain, moved swiftly to reassure users that the exchange itself remained secure and unaffected by the exploit. This article delves into the details of the attack, the response […]

The United States Department of Justice (DoJ) has filed a serious complaint against Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX. The DoJ accuses SBF of leaking the private diary of Caroline Ellison, who was not only his former business ally but also his romantic partner. This revelation has raised concerns about potential interference […]