Dymension (DYM) stands out with its highly anticipated mainnet launch in 2024. Following the success of Celestia, the first modular blockchain, the crypto community eagerly awaited the unveiling of Dymension, a Cosmos-based modular blockchain platform. With an impressive throughput of over 20,000 transactions per second (TPS), Dymension has captured the attention of enthusiasts and investors […]
Vanguard CIO Issues Important Warning On Speculative GameStop Bets
Vanguard CIO Gregory Davis has cautioned against excessively risky bets associated with GameStop. As a top executive for one of the largest asset managers in the world, Davis noted that he has “seen this movie already.” GameStop Rally Has an End According to the Vanguard Executive, the GameStop movie will play out with the stock […]
Blockchain’s Fate in the Doldrums as EV Markets Face Slow Growth
The blockchain industry has a lot of room to grow in the foreseeable future. By the end of 2027, the industry, which is predicted to bring in over $94.0 billion in revenue, will have served a variety of clients and industries. Nonetheless, the drawback for one of the market’s largest prospective clients can maintain pressure […]
ETH Price: Fresh Wallet Scoops Up 29K Coins From Coinbase, What’s Next?
Against the backdrop of Ethereum’s highly turbulent price action in recent days, a fresh wallet appears to have accumulated colossal amounts of ETH from Coinbase, causing a stir in the crypto community. Per insights offered by numerous on-chain trackers, it was pointed out that this fresh wallet accumulated nearly 29K ETH in the past 24 […]
Bitwise Bitcoin ETF Heats Competition With Approval By $100 Bln AUM Investment Firm
The Bitwise Bitcoin ETF (BITB) has taken the ETF competition to a new level with a significant milestone lately. Bitwise’s BITB has been witnessing increased adoption in recent times, further strengthening its position against prominent players, such as Grayscale’s GBTC and BlackRock’s IBIT. Moreover, the Bitwise CEO Hunter Horsley has maintained complete transparency on the […]
Cypher Protocol Contributor Admits To Gambling Away Recovered Exploit Funds
A contributor to the Solana-based decentralized exchange Cypher known as Hoak via a public statement, confessed to misappropriating and gambling away funds that were recovered following an exploit of the protocol. Another contributor to Cypher, known as Barrett, discovered that Hoak had withdrawn various cryptocurrencies including ETH, WSOL, and BONK across 36 separate transactions from […]
Grayscale Sees Ethereum’s (ETH) Parabolic Run Post Dencun Upgrade
The recent surge in Ethereum’s price can be largely attributed to the growing anticipation surrounding the forthcoming Dencun upgrade, as highlighted in Grayscale’s recent analysis. Over the past month, Ethereum has witnessed a remarkable uptick in its trading value. As of the latest figures, Ethereum is currently trading at $2,951.07 per unit (ETH/USD), boasting a […]
Standard Chartered and Mastercard Complete First Tokenized Deposit Test
Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed their first live experiment on the execution of tokenized deposits using the Mastercard Multi-Token Network (MTN). This initiative tested how blockchain technology could be used in the banking sector. It was done under the supervision of the Hong Kong Fintech Supervisory Sandbox. Mastercard Multi-Token […]
Warren Buffet’s Berkshire Sees Annual Profit Soar While Flagging Low Buying Opportunity
Berkshire Hathaway, which is backed by Warren Buffet, posted an upbeat annual result on Saturday. The results come just a day after it was revealed that Buffet’s Berkshire has investments in crypto-related stocks. Despite the positive news though, Buffet also revealed that he sees low buying opportunities for the firm. Berkshire Hathaway Posts Soaring Profit […]
Ex-Speaker Paul Ryan Sees Stablecoin Legislation as Key to Economic Stability
Former U.S. House Speaker Paul Ryan has expressed strong support for stablecoins, suggesting that their regulation could be pivotal in addressing the nation’s economic challenges. In a recent interview with Bloomberg, Ryan highlighted the potential benefits of stablecoins for mitigating the U.S. sovereign debt crisis, currently at $34.7 trillion with over $1 trillion in annual […]