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Ethereum
Bitcoin Suisse Director says crypto market is forming a bottom
Although the crypto market is going through a challenging phase, the core systems are functioning well, crypto-financial service provider Bitcoin Suisse’s Director Giles Keating told CNBC.
In an interview earlier today, Keating said the…
Circle CEO fails to dismiss allegations USDC users can be blocked
Founder of the Daily Gwei newsletter, Anthony Sassano, claims that USDC accounts can be blocked.
Expanding further, Sassano said USDC issuer Circle can freeze the tokens “in any address at any time for whatever reason.” He added that this…
The inherent flaw of delegated proof-of-stake governance systems with Nischal Shetty, WazirX
CryptoSlate recently caught up with Nischal Shetty, Founder of India’s biggest crypto exchange WazirX to discuss layer 1s, the human role in blockchain, validator responsibilities, proof-of-stake governance, and decentralization.
With the…
USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin
Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end of this month. Euro Coin (EUROC) will be issued under the same full-reserve model as USDC according to the…
GPU mining could eventually be profitable after Ethereum moves to proof of stake
Ethereum is by far the most popular cryptocurrency for GPU miners. However, there is little time left for Ethereum in its proof-of-work state. It moves to proof-of-stake later this year when it merges with the beacon chain.
What will happen…
NYC Mayor plans to ask Governor Hochul to veto crypto mining bill
Eric Adams, the incumbent Mayor of New York City, plans to ask Governor Kathy Hochul to veto a bill looking to impose a two-year ban on Proof-of-Work (PoW), Adams told Crain’s New York Business.
Speaking out against the New York Assembly…
Lido staking dominance could put Ethereum at risk
Ethereum staking protocol Lido’s dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an article from Danny Ryan, a researcher at…
Floor price of blue-chip NFTs tank as sales volume decline
The bear market is starting to take a toll on non-fungible tokens (NFTs) as some of the most valuable collections in the space have seen their values decline due to the reduced demand in the past few months.
According to data from Nifty…
Optimism Foundation sends $20M to the wrong wallet – OP drops 36%
The Optimism Foundation has issued a statement confirming that 20M OP tokens meant for a liquidity provisioning partner have been sent to the wrong address. The price of the OP token dropped from $1.12 on June 8 to just $0.70 after the news…
Fidelity is doubling its staff to introduce Ethereum offering
Fidelity Digital Assets, a subsidiary of Fidelity Investments, will double its headcount, adding 110 additional tech workers by the end of the year.
The new hires, which include engineers and blockchain developers, will work on building the…