Ethereum Network DRPC Aims to Quell Centralization Risks Ahead of Shanghai Upgrade

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin (FIL) Trust product, the asset manager revealed Wednesday.Grayscale said in a press release that it had received a comment letter…

The Connecticut State Capitol, in HartfordThe States Can’t BlockchainPreston Byrne, a columnist for CoinDesk's new opinion section, is a partner in Anderson Kill's Technology, Media, and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice” is a roundup of pertinent legal topics in the crypto space. It is…

The bitcoin (BTC) price climbed through $51,000 in European morning hours on Wednesday, touching $1 trillion market capitalization for the first time since December 2021, data shows.The rise came as bullish sentiment around continued growth of the largest cryptocurrency continued, with options traders betting on prices to touch as much as $75,000 in the coming

Investors will be able to deposit TrueFi's T-bill token to borrow the platform's new TRI token.TRI holders will be able to stake the token to earn a yield from borrowing fees.The offering comes as DeFi activity and demand for leverage picked up amid the current crypto bull market.01:11DeFi Market Rebounds to $50B as Speculators Hunt

On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively.Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market.Dealer hedging could also breed volatility around $70,000, FRNT’s David Brickell said.The

news In the latest instance of state employees mining cryptos at work, a unit of Ukrainian Railways (Ukrzaliznytsia) has been caught red-handed diverting company electricity to earn bitcoin. State-owned Ukrzaliznytsia said in an announcement on Friday that its security department and law enforcement officials had discovered that branch employees in the western city of Lviv had secretly…

Jan 25, 2021 at 12:39 a.m. UTCUpdated Jan 25, 2021 at 1:08 a.m. UTCEthereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.Prices hit $1,454.32 – topping the previous all-time high of $1,439.33 set only last week…

Columbia University president's job is probably safe, Polymarket traders signal.Taylor Swift's new album is unlikely to break her record, Kalshi odds say.Traders are betting on a DeFi controversy.The president of Columbia University is facing a growing backlash regarding pro-Palestinian protestors who continue to occupy the campus, which coincides with her scheduled Capitol Hill testimony on

The Fed minutes released Wednesday show policymakers could cut rates this year.Past data show an economic recession tends to follow as the Fed begins cutting rates.The minutes of the Federal Reserve's (Fed) December meeting released Wednesday showed interest rate cuts are likely in 2024.The long-awaited liquidity easing has been widely touted as a critical bullish