The United States Securities and Exchange Commission (SEC) is seeking “alternative service” from the U.S. district court in Washington, D.C. to issue a legal summons to Changpeng Zhao, the CEO of cryptocurrency exchange Binance. Zhao […]
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles. An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks […]
Ethereum co-founder Vitalik Buterin is working with India-based crypto fund Crypto Relief and Polygon co founder Sandeep Nailwal to send $100 million towards COVID-19 research and medical infrastructure development in India. Buterin and Nailwal will […]
Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance and Coinbase, but it’s not preposterous to suggest that Ether bulls should be more than […]
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement from network developer OP Labs. The upgrade is part of […]
The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of June after reaching a multimonth high in May, owing to the memecoin frenzy and much […]
Tron founder Justin Sun has announced that TRX is now accessible on Ethereum. According to Sun, Tron will leverage the BitTorrent Bridge, which provides a chain-agnostic asset transfer solution, to bring TRX to Ethereum. The […]
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount of ETH staked in May does not include withdrawals and […]
USDC natively issued by Circle will become the official version of the stablecoin on Arbitrum. The company expects native USDC to gradually replace “bridged USDC” liquidity from Ethereum. Circle says the launch will go live […]
A new program from the Fantom Opera network team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers […]
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