Bitcoin whales snapped up $4.3B of BTC amid price slump
Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.
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US Bitcoin ETFs clock biggest inflows since January as crypto markets gain
Daily inflows into US-listed Bitcoin exchange-traded funds reached $381.3 million on April 21, their biggest single-day inflows since January. US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin (BTC)-tracking funds saw a joint net inflow of $381.3

Centralized data infrastructure violates Web3’s core of decentralization
Opinion by: Michael O’Rourke, founder of Pocket Network and CEO of Grove Open data is currently a major contributor toward building a global emerging tech economy, with an estimated market of over $350 billion. Open data sources often rely, however, on centralized infrastructure, contrary to the philosophy of autonomy and censorship resistance. To realize its

Compound Implements HIstoric Community-Driven Governance Proposals
Compound has implemented two historic community-driven proposals amid the launch of its governance token. 1730 Total views 31 Total shares Decentralized finance, or DeFi, protocol, Compound, has implemented its first two community-driven governance proposals in the past week.The proposals come ahead of the launch of Compound’s Governance token (COMP) — which will be used to…

Crypto lawyer says $20M settlement is 99.9% win for Ripple
Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple. 867 Total views 2 Total shares Prominent cryptocurrency attorney John E. Deaton has offered insights into the Ripple Labs XRP lawsuit against the Securities and

UK’s Travel Rule comes into effect, could halt certain crypto transfers
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain. Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1.The rules targeting virtual

Ethereum co-founder Vitalik Buterin celebrates the Merge: ‘Dream for years’
Moments before the big Ethereum Merge took place, co-founder Vitalik Buterin shared his excitement and PoS vision with the community. 618 Total views 7 Total shares As the clock counted down to the final moments of the big Ethereum (ETH) Merge, co-founder Vitalik Buterin joined the “Ethereum Mainnet Merge Viewing Party” livestream hosted by the…

Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork
Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. 1095 Total views 23 Total shares Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi.In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of…

Solana ‘drinking the Ethereum milkshake’ as DEX market share rises: OKX
Solana has captured around half — and sometimes nearly all — of the DEX volume in the last five weeks, and OKX says it’s extending its dominance over Ethereum.