Ethereum co-founder Vitalik Buterin on Thursday gave a big shout-out to Optimism, a Layer-2 blockchain network built atop Ethereum, for its continuous efforts to fund public goods. Buterin took to X (formerly X) and said he was “impressed” by Optimism’s dedication to aiding developers and contributors despite not having a conventional business model. The comments […]

With just four days left into Bitcoin halving, Bitcoin miners have turned active once again. In the latest development, a dormant Bitcoin miner wallet has turned active after nearly 14 years. Reports suggest that BTC miners might be gearing up for a sell-off after the halving event. Bitcoin Miner Transfers 50 BTC to Coinbase In […]

The Reserve Bank of India (RBI) Deputy Governor Michael Patra has been reappointed for another year, effective January 15. The Appointments Committee of the Cabinet (ACC) confirmed Patra’s extended tenure, which could impact India’s stance on crypto regulation. Patra reportedly joined the RBI in 1985, and has had experience in different roles within the central […]

Elon Musk, also known as the ‘Dogefather,’ appears to be eyeing the layoff of a staggering 15,000 Tesla employees, in a move to significantly scale cost reductions and increase the productivity of his firm. Notably, following the surfacing of this workforce reduction plan, Dogecoin, a Musk-related meme coin, showcased a slight slip in its price […]

In a strategic move aimed at propelling the growth of the Hedera network, the Hedera Council has approved the allocation of around 5 billion HBAR, Hedera Hashgraph’s native cryptocurrency, for further development and the advancement of decentralized governance. Meanwhile, this financial injection underscores Hedera’s commitment to nurturing its ecosystem and supporting key initiatives crucial to […]

Ethena, the protocol of the stablecoin USDe, has introduced a new level of transparency. All integrated depositaries are now supplying attestation reports. These reports confirm that the assets underpinning USDe are stored in a non-exchange setting. Those measures come in institutional-grade custodial solutions. Starting with immediate effect, these reports will be posted on the Ethena […]

Finance Minister Nirmala Sitharaman is set to table the Interim Budget for the fiscal year 2024-25 in Lok Sabha on February 1, 2024. Every year, the Finance Ministry rolls out the Economic Survey of India, a day ahead of the Budget. The Economic Survey 2024 — prepared by the Economics Division of the Department of […]

The Department of Justice (DOJ) has postponed its decision to appoint Sullivan & Cromwell as the independent monitor for Binance, citing concerns over the law firm’s previous association with FTX. Sullivan & Cromwell was on the brink of being selected to oversee Binance’s compliance with a settlement involving a $4.3 billion penalty for violating U.S. […]

It has been almost 72 hours since the United States Securities and Exchange Commission (SEC) approved eleven spot Bitcoin ETF applications including that of top investment asset management firm BlackRock. BlackRock Bitcoin ETF Current Value By the end of the first trading day for the Bitcoin ETF, over $4.5 billion was recorded in trading volume. […]

In a market rife with volatility, the CEO and founder of Into The Cryptoverse, Benjamin Cowen, has issued a warning. His insights, shared on the social media platform X, offer a differing perspective on the current state of altcoins and the broader market landscape. Benjamin Cowen Advises Not To Buy The Dip In Altcoins Cowen’s […]