'The worst thing that happened to Ethereum' — Bitcoin up 160% since the Merge
Ethereum’s supply is climbing, ETH whales are dumping, and its biggest rival, Solana, is gaining ground more than two years after the switch to proof-of-stake.
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Why ‘Setup’ Matters for Cryptocurrency Privacy
Privacy is a core characteristic of cryptocurrencies. Despite mainstream conception, however, it is not the primary goal of cryptocurrencies like Bitcoin (BTC) or Ether (ETH), and is more of an ancillary benefit of using cryptography. The situation is altogether different for cryptocurrencies that seek to maximize anonymity when transacting on the network.Networks like Monero (XMR)…

Kevin O’Leary-backed WonderFi to acquire Canadian crypto exchange Coinberry for $38.5M
WonderFi plans to expand its operations in Canada by acquiring digital asset trading platform Coinberry after its recent Bitbuy acquisition. 208 Total views 18 Total shares WonderFi Technologies, a decentralized finance (DeFi) platform, plans to continue its expansion in Canada by purchasing the Coinberry crypto exchange for $38 million. The platform will be the second…

Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.

Blockchain Firm HashCash Partners With ‘Prominent’ Australian Gaming Company
Blockchain company HashCash Consultants has announced a partnership with an undisclosed Australian video games developer to roll out its white label crypto exchange and tokenization services for the gaming industry. The development was announced in a HashCash press release Feb. 4.HashCash is a blockchain firm focused on providing “white label” blockchain solutions for the gaming…

Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital
Ether now accounts for 19.2% of the overall cryptocurrency market, whereas Bitcoin dominance has fallen to 40.7%. 6996 Total views 16 Total shares The market capitalization of Ether (ETH) has increased at a much faster rate than Bitcoin’s (BTC) over the past year, highlighting the relative outperformance of ETH versus BTC over that period. In its…

US lawmaker says crypto regulation from SEC is ‘needed now’
Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto. 500 Total views 16 Total shares John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for…

Investor in Overstock’s Blockchain Firm TZERO Backs Out
Singaporean private equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO.In an Overstock investor call on Aug. 26, Overstock’s interim CEO Jonathan Johnson said that Makara recently informed the firm that they “will be not investing in tZERO right now.”Medici Ventures will continue to support tZEROJohnson emphasized that Makara remains…

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period. 205 Total views 6 Total shares The amount of cryptocurrency lost to "rug pull" or "exit scams" — where founders suddenly up and leave with investors’ money — had…