Arbitrum DAO gains unanimous support for BoLD protocol upgrade
The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions.
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A New Token Lets You Save on Ethereum Fees by ‘Storing’ Gas
Ethereum (ETH)’s fees are hard-coded to only be payable in Ether, but a clever trick with smart contracts allows users to effectively pay for gas with a special token, which reduces the total fee they incur.This principle was used by the team behind 1inch.exchange, a decentralized exchange aggregator, to introduce the Chi token. The technology…

Crypto VCs made $2.6B worth of deals in the first quarter of 2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared to 2022. Meanwhile, early-stage rounds are down 16.7%. While the crypto space still suffers a bear market, venture capital (VC) firms have still managed to make a number of deals at the start of 2023, proving that…

Cleveland Cavaliers Partner With Cryptocurrency Firm UnitedCoin
Ohio-based professional basketball team the Cleveland Cavaliers (The Cavs), along with its associated esports club Cavs Legion GC, have partnered with the cryptocurrency firm UnitedCoin. The National Basketball Association (NBA) announced the new partnership in a press release on July 15.The partnership will reportedly be used to advertise UnitedCoin and provide the Cavs with an…

Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. 546 Total views 19 Total shares Coinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on…

AAX reiterates withdrawal halt is unrelated to FTX contagion
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates. 419 Total views 10 Total shares Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX's collapse and rumors to…

Ethereum price ‘double top’ hints at 42% drop as ETH bull market ends
On March 4, Ethereum’s native token, Ether (ETH), dropped to a new yearly low of $1,996, marking the altcoin’s lowest value since November 2023. In that 24-hour period, roughly $100 million in Ethereum positions were liquidated, with ETH futures open interest (OI) declining 10.31% across all exchanges. Ethereum 1-day chart. Source: Cointelegraph/TradingView Is Ether price

Riot Blockchain Cites COVID-19 Disruption Risks on SEC Form 10-K
Nasdaq-listed cryptocurrency mining firm, Riot Blockchain, filed its Form 10-K annual report to the United States Securities and Exchange Commission (SEC), March 25.Among a long list of other potential risk factors to the business, the report assesses the potential disruptions due to the COVID-19 pandemic.COVID-19 will affect cryptocurrency mining businessAs part of the Form 10-K…

Bittrex International Halts Service in Venezuela and 30 More Countries
Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries.No clear reason for the actionIn an email to Venezuelan customers, Bittrex International announced that the exchange will halt account and trading access to users on Oct. 29, asking them to withdraw their funds with the…