Coinbase Launches Crypto Lending Service for Institutional Investors
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market…
Bitcoin Drop Before Halving Expected, Will It Get Worse In September?
Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance…
Australian dollar resilient in the face of weakening yuan
AUD - Australian dollar The Australian dollar was one of the best performers through trade on Thursday, avoiding an extended downturn in the face of a stronger US dollar and…
Mystery: Dormant Ethereum ICO Address Finally Moves ETH Away
There were several major ETH transfers in the past 24 hours, including one worth over $80 million.
DeFi Oversight: Should Regulators Zoom In On Developers? Top Securities Says Yes
According to Bloomberg, decentralized finance (DeFi) projects operate through automated contracts and are usually helmed by collective entities rather than single individuals. This collaborative nature of governance has often posed…
Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of…
JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?
Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This…
Celsius Network Files ‘Adversary Complaint’ Against EquitiesFirst to Recoup Assets
Celsius Network reportedly owes $4.7 billion to over 100,000 creditors.
Ethereum Founder Explores Privacy Pool System In New Research
As international regulations change, individuals are increasingly interested in preserving their privacy. One of the co-founders of Ethereum, Vitalik Buterin, and others released a research paper. The authors explored the intersection of blockchain…
Binance To Refund Users $1 Million In USDT Following CyberConnect Incident
Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token. The refund aims to compensate…