Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.
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Singapore: Central Bank Refutes Fake Articles Claiming its Chairman Invested $1 Bln in BTC
Singapore’s de facto central bank issued two warnings over two fake news websites Tuesday, September 18, after articles were published with “fabricated comments” about crypto from Chairman and Deputy Prime Minister Tharman Shanmugaratnam.The sites, Gulf Weed Crab and Positive Bath Hour, which feature hoax news stories on seemingly random topics, had claimed Shanmugaratnam was behind…

LayerZero raises $120M to expand cross-chain messaging efforts
The new funds will be used to increase headcount and expand the company’s presence in the Asia-Pacific region. Own this piece of history Collect this article as an NFTCross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use the capital to increase its…

DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. 1392 Total views 9 Total shares The Ethereum (ETH) network continues to be a major driving force behind decentralized finance, or DeFi, signaling the continuation of a trend that began…

Ether Rockets 50% in 5-Year Anniversary Month: What’s Behind the Rally?
The price of Ethereum’s Ether token has seen strong momentum in July. Since the start of the month, ETH has climbed by 50% from $225.5 to $340 on Coinbase. It coincides with a five-year anniversary for the dominant smart contracts blockchain protocol.There appear to be two key factors fueling the rally of ETH. First, the…

Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETA
Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective.On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing data from PlanC said that…

Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash
Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20.In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto players…

Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded
Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.There was some substantial good news for crypto last week, but the prevailing storyline is still the unfolding of FTX. While the extradition of the failed exchange’s founder Sam Bankman-Fried seemed pretty logical from the beginning of the saga,…

Coinbase website down as crypto exchange cites ‘system-wide outage’
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable.