Ethereum layer-2 volumes rose by 70%— Will they eclipse Solana

Coinbase Pro topped the ratings of a new report from ICORating into cryptocurrency exchange security Wednesday, October 3, while researchers flag multiple shortcomings that continue to plague the sector. ICORating conducts analytical research in the crypto space in its role as an independent rating agency.The report rates one hundred exchanges whose daily trade volume is…

The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious.One concerning trend is that the volume of Bitcoin has been stagnating along with its price, apart from the…

There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’.Only four entrepreneurs who made their fortunes in crypto were included among the 2,095 billionaires the magazine named on April 8. The richest man in…

Caymans Island-registered cryptocurrency exchange Blackmoon plans to list encrypted messaging app Telegram’s forthcoming Gram token via a partnership with Swiss crypto custodian Gram Vault. According to a Finance Magnates report on Sept. 10, Blackmoon — which was founded as a traditional financial products provider before launching crypto trading services — plans to boost liquidity by enabling…

A cryptocurrency-friendly firm is having problems receiving money transfers.According to sources available to Cointelegraph, clients at Silvergate Bank have been experiencing issues with certain types of wire transfers since Friday. The firm has stated an outage by their payment processor, Fedwire, is responsible for the drop in service. CEO Alan Lane confirmed the bank has been…

When taking its blockchain public, “there was an adjustment period where we had to learn to love crypto,” Kadena founder and CEO Stuart Popejoy said. The admission sounded more like a technical adjustment than a surge of emotion on his lips, but he added, “The people who participate in your ecosystem really are your network…

Fees from yVaults were the biggest contributors to Yearn’s revenue. 1756 Total views 17 Total shares Decentralized finance yield aggregator Yearn has released its financial report for the first quarter revealing some impressive earnings for the period.According to the Yearn Finance quarterly report, published on GitHub on April 27, the platform had earnings of $4.88…

2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars. 196 Total views 3 Total shares Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and…

Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S.In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point Emergency’s Response Fund and the Silicon…