Ether restaking’s biggest risk is lack of understanding around asset looping — Haven1
Ether restaking is a “robust financial tool,” but investors need to understand the number of loops they are adding.
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Ebang to Establish Crypto Exchange and Mining Farms After Going Public
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. 663 Total views 20 Total shares Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange…

‘The cryptoruble is the future’ says Russian policymaker
The parliament member claimed that there are no anti-blockchain voices in the Russian government 536 Total views 1 Total shares Anatoly Aksakov, the head of the Russian parliament’s Financial Markets committee, had some good news for blockchain fans in Russia. According to Aksakov, there are “no anti-blockchain voices” in the government and he believes that…

Bitcoin Cash Learns Block Size Economics, Ver Says BCH Not Restricted
Those who have followed the Bitcoin saga from the very beginning know that it’s a mistake in 2019 to only pay attention to the so-called “grandfather cryptocurrency,” as that would mean ignoring Bitcoin’s many relatives (and competitors) that share the same DNA. Bitcoin Cash (BCH), when it comes down to brass tacks, is similar to Bitcoin in…

Rumors of DeFi’s demise have been greatly exaggerated: weekly recap
DeFi projects have been dominating headlines as of late, and the unexpected departure by a high-profile founder had ripple effects throughout crypto markets. Here are the top stories from the past week:Bitcoin price hits $9.8K as quest to fill futures gap sees 6-week lowsEthereum can reach $500 for the first time since 2018Bitcoin options data…

Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30 Million
Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months. 2216 Total views 61 Total shares Grayscale Investments, a crypto investment fund manager and subsidiary of Barry Silbert’s Digital Currency Group, is estimated to have purchased up to one-third of all newly minted Bitcoin during the past three…

Tether’s market cap hits $50B as stablecoin adoption grows
The 50 billionth USDT token has been minted, Tether has confirmed. 3686 Total views 26 Total shares The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up. Tether Operations Limited confirmed the milestone on Friday, with roughly 50…

DeFi should complement TradFi, not attack it: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the development…

Crypto News From Japan: Oct. 27–Nov. 2
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee extends the submission deadline again, and the SBI Holdings president is thinking…