Ethereum’s Pectra fork adds dynamic blob fees to to improve L2 scaling
A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March.
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Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise
Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization.If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in #crypto,…
FDD Assesses Risks of Crypto Use by Countries Under US Sanctions
The American Foundation for Defense of Democracies (FDD) has assembled an assessment of current and future risks of cryptocurrency use by countries adversarial to the United States in a report published on July 11.In the report, the agency outlines possible future scenarios that would make blockchain technology sanctions resistance a larger threat. Specifically, the FDD…
Here’s What’s Actually Going on With the SEC and Republic’s STO
On Aug. 5, Republic, a platform for investing in startups, announced that it had sold out commitments for coming fundraises for its security token, Republic Note, happening under two distinct exemptions. The firm is in total looking to raise $16 million — $11 million already committed under Reg. D, with another $5 million earmarked from public…
Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia
Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul.To commemorate the move, Cointelegraph hosted an event in the city’s financial district,…
Nvidia posts record $18B third quarter revenue, cites generative AI as primary driver
The company posted its record quarter just days after Nvidia stock achieved an all-time high. 176 Total views 1 Total shares Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, as the firm’s market cap now reaches $1.22 trillion.The better-than-expected earnings follow a 12-month growth trend, during which the company saw earnings
Crypto inflows hit $1.98B amid post-election momentum
Cryptocurrency investors continued pouring massive inflows into digital investment products last week amid post-election market momentum. Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record high of $116 billion, CoinShares reported on Nov. 11. This marks the fifth consecutive week of inflows, totaling $7.7 billion
When altseason? Here’s why Bitcoin is leaving major altcoins like Ethereum behind
Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has been lagging behind Bitcoin (BTC). Historically, when BTC surges, altcoins tend to rally with larger upside price movements.This time, Bitcoin has been clearly outperforming the altcoin market, particularly in December. BTC market cap dominance has recently risen to a one-year high of around 70%, largely…
US authorities oppose ex-FTX exec’s motion to void plea deal
The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.