Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch
LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue.
Related Posts
Report: Ready-to-Use Malware for Bitcoin ATMs Found for Sale Online
Tokyo-based security software manufacturer Trend Micro has found Bitcoin (BTC) automated teller machine (ATM) malware available for purchase online, according to a blog post published August 7. In the blog post, Trend Micro cites an advertisement posted by an “apparently established and respected” user on a darknet forum. For the price of $25,000, criminals could…
Yearn teams up with Akropolis to boost institutional outreach
Akropolis says calling it a merger “is a bit of a misnomer.” 2617 Total views 16 Total shares Yearn.finance announced on Monday yet another merger, this time with Akropolis, a multiproduct decentralized finance protocol featuring yield optimization and undercollateralized loans.Like the Cream Finance merger announced last week, the two ecosystems will remain largely independent in terms…
US Food Retailer Albertsons Uses IBM Food Trust Blockchain to Track Lettuce
United States food and drug chain Albertsons Companies has become the latest client retailer of IBM’s Food Trust blockchain platform, the company confirmed in a press release on April 11.Albertsons, which operates a network of 2,300 stores across the U.S., will use the platform initially to track the supply chain for romaine lettuce, but aims…
Bitfury CEO confirms IPO considerations are part of expansion plans
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. 55 Total views 23 Total shares Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO…
New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s
The new exchange does not custody customer funds itself to avoid conflict of interest – and a hot-button issue with the SEC. EDX, a cryptocurrency exchange launched a week ago with the backing of tradfi heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos…
Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash
The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or BofA, suggested a 20% drop is possible.The Dow Jones Industrial Average declined 7.55% since Oct. 12. Tech-heavy stock indices…
Ripple CTO tries to offer answers for lack of adoption
Community expectations have long been that banks would adopt XRP, but the reality has been disappointing 921 Total views 11 Total shares Amid a difficult year for the payments-focused cryptocurrency, Ripple’s CTO David Schwartz has recently taken to Twitter to discuss with community members why banks have been reluctant to adopt XRP as a bridge.During…
EU draft AI Act updated with public facial recognition ban
Regulators in the EU concluded another round of voting which added a new ban on the public use of biometric surveillance into its forthcoming AI Act. 76 Total views 2 Total shares Lawmakers in the European Union have forwarded their measures for artificial intelligence (AI), such as ChatGPT, to the next phase after concluding a…