EigenLayer bolsters restaking with Bitcoin yield, P2P.org payouts
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October.
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Russia’s Ministry of Education Introduces System for Tracking Diamonds via Blockchain
Russia’s Ministry of Education and Science (Minobrnauki) has introduced a blockchain-enabled platform for tracking natural diamonds, government-backed news agency TASS reports today, Jan. 30.The new Russian diamond tracking technology claims to fully guarantee the authenticity of diamond products across all the supply chain, from extraction and polishing to the final owner.Based on emerging IT technologies…
Ethereum supply plunges 37% on crypto exchange post the Merge upgrade
The decline in exchange supply, especially just weeks before the Shanghai upgrade, is being seen as a bullish sign. 134 Total views 1 Total shares Own this piece of history Collect this article as an NFTEther (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in the exchange supply over the past…
Hong Kong spot crypto ETFs debut tomorrow: 6 things to know
Before the launch of spot cryptocurrency ETFs in Hong Kong on April 30, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market.
Crypto Bear Market Gives UK Regulators Breathing Space to Finalize Crypto Regulation
The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20.As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been pressed to expedite new regulation for the rapidly growing crypto space, raising the risk of a heavy-handed approach that could impede…
Goldman Sachs holds $710M in Bitcoin ETFs — SEC filing
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
DeFi app overview: How to navigate crypto’s new finance wave
In 2020, as a result of the economic crisis caused by the spread of COVID-19, the world financial system is facing an increasing number of problems. The authorities of large countries have applied monetary policies of quantitative easing, which has led to a decrease in the value of fiat currencies and a loss of public…
Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.Still, Celsius Network's native utility token CEL has soared in valuation by over 4,100% in the last two months, reaching…
Living on a volcano: The outlook of El Salvador’s crypto mining industry
El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the Central American country’s crypto experiment, which faced some hurdles and harsh criticism over the…