Scroll’s Binance Listing Sparks Debate Over Centralization Concerns
Scroll, an Ethereum layer-2 project, recently announced its listing on the major cryptocurrency exchange Binance on October 11. While the move has the potential to enhance the project’s visibility and global reach, it has also sparked controversy, with critics questioning the project’s commitment to decentralization. Scroll co-founder Ye Zhang defended
Ronin Partners with Chainlink CCIP to Strengthen Cross-Chain Bridge Security
Web3 gaming blockchain Ronin has announced its integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to secure its cross-chain bridge. The partnership, unveiled on 10th October, aims to enhance the security of Ronin’s bridge while freeing up resources to drive the adoption of the blockchain network. Chainlink’s CCIP is described as
Bitcoin Balances at $60K Amid Mixed US CPI and Jobless Data
Bitcoin hovered around $61,000 on October 10, following the release of the latest US Consumer Price Index (CPI) data. The September CPI came in higher than expected, signaling persistent inflation pressures in the US economy. According to the US Bureau of Labor Statistics (BLS), the index increased by 2.4% over
Adam Back Dismisses HBO Claims on Bitcoin’s Founder
Adam Back, founder of Blockstream and early Bitcoin developer, has dismissed claims made in HBO’s Money Electric: The Bitcoin Mystery that fellow developer Peter Todd is the elusive creator of Bitcoin, Satoshi Nakamoto. Back expressed confidence that Satoshi’s true identity remains unknown and is likely not someone who has been
Solana Reaches 100 Million Active Wallets, But Most Are Empty
Solana’s active wallet count has soared past 100 million, marking a new milestone for the blockchain network, according to Artemis Terminal. This is a significant leap from the 509,000 active wallets recorded at the start of 2024. Despite this achievement, most of these wallets appear to hold little or no
Bitcoin Price Stalls Amid Geopolitical Risks and Technical Indicators
Bitcoin’s price has remained stuck in a narrow trading range throughout October, fluctuating between $60,000 and $64,000. While it has consistently held above the $60,000 support level, multiple attempts to break the $64,000 resistance have failed, leaving the market in a state of indecision. Geopolitical Risks Weigh on Bitcoin’s Upside
VanEck Launches $30 Million Fund to Support Crypto and AI Startups
VanEck, a prominent issuer of spot Bitcoin exchange-traded funds (ETFs) in the United States, has announced the launch of VanEck Ventures, a $30 million fund dedicated to investing in early-stage cryptocurrency and artificial intelligence (AI) startups. The initiative aims to support fintech innovations that are shaping the future of payments.
Bitcoin’s $62K Consolidation Signals Imminent Major Move, Say Analysts
Bitcoin’s recent price consolidation around the $62,000 mark is raising expectations of a major move in the near future, according to market analysts. While the direction of this move remains uncertain, traders are watching two key events closely: potential further interest rate cuts by the US Federal Reserve and the
Ether Staking Soars as 28.9% of Supply Now Staked, Signalling Long-Term Confidence
Onchain data provider IntoTheBlock has revealed that 28.9% of all Ether (ETH) is now staked, highlighting tokenholders’ growing confidence in the long-term potential of the crypto asset. On October 8, the platform reported that an additional 5.1% of ETH had been staked in the past 10 months, up from 23.8%
Crypto Markets Brace for $500M Token Unlock Wave
Around $500 million worth of cryptocurrency tokens are expected to be released into the markets in the coming week, according to data from TokenUnlocks. These unlocks, which increase the circulating supply of the tokens, are a key event in a project’s development and often impact market sentiment. Types of Unlocks:
