Tagged: ethereum

Bitcoin Outperforms Ethereum, Memecoin Prices Surge as Crypto Bull Market Gains Momentum – Report

CoinGecko has released a list of top-performing digital currencies throughout 2023. However, it must be noted that these gains could be short-term because many of these projects involve meme coins or initiatives that don’t really have a meaningful value proposition. Despite their lack of real-world… Read More

Digital Assets Record Positive Returns in December, Led by Smart Contract Platforms Crypto Sector – Grayscale Research

Bitcoin (BTC)  gained 13% in December 2023 (and is trading at over $45,000 to start off the new year). These price moves punctuate a year of strong returns, but the largest crypto asset was, in fact, “outpaced by other market segments last month,” the team… Read More

Ethereum Adoption: Offchain Labs Remains Focused on Making ETH Ecosystem Accessible

As 2023 came to a close and we enter the new year, OffChain Labs shared that they believe it’s a great opportunity to look back at all of the progress they’ve made. Offchain Labs introduced new products to the broader industry, while continuing their mission… Read More

Digital Assets and Blockchain Industry Set for Sustainable Growth in 2024 with Focus on Compliance and Real-World Use-Cases

The year 2024 is set to be an exceptional period for the digital assets and blockchain sector. Throughout most of 2023, there were a number of key developments that will now shape the future of the crypto industry in the coming year and even the… Read More

Ethereum Adoption: Multichain System of Independent Networks and Appchains Benefits ETH Network, Boosts Scalability, Resilience – Report

As we get ready for another crypto bull market, with Bitcoin surging past $45,000 in anticipation of expected BTC ETF approvals, it’s worth taking a look back at key industry developments. The crypto industry has reflected on significant developments throughout 2023 and plans towards a… Read More

Bitcoin (BTC) Price Could Surpass $100K in 2024 Due to Increased Adoption of Digital Assets – ETC Group Report

The ETC Group has shared their 2024 Outlook report which provides a forward-looking analysis of the crypto-asset market, with a focus on Bitcoin, as the industry heads into a pivotal year. The report encompasses a comprehensive examination of “the interplay between macroeconomic factors, on-chain developments,… Read More

BitMEX Shares 2024 Outlook, Comments on Solana (SOL) Making Strong Recovery After FTX Collapse

In an industry that moves like no other, crypto has had “a year like no other,” according to an update from BitMEX. BitMEX, which was once the leading crypto derivatives exchange but experienced major regulatory challenges and enforcement actions a few year back, noted in… Read More

Stablecoin Adoption: EOS Labs and EOS Network Foundation to Support Initiative Focused on Stablecoins

EOS Labs and EOS Network Foundation (ENF), which claim to be “stewards” of the EOS Network, are pleased to announce a strategic partnership with the EOS Stable Coin Chain (ESCC), an Ethereum-based blockchain deployed as “a smart contract on the EOS Network using a customized… Read More

Digital Securities: ERC3643 Standard Achieves Final Status in Ethereum Improvement Proposal

The ERC3643 Standard has achieved Final Status in the Ethereum Improvement Proposal (EIP), according to a note from Tokeny. Tokeny is a digital asset enabler that is focused on digital securities. The company has already partnered on billions of dollars of issued securities. This past… Read More

SEC Extends Deadline for its Decision Regarding Invesco Galaxy Spot Ethereum (ETH) ETF Applications

As expected by most crypto industry participants, the US Securities and Exchange Commission (SEC) has postponed its decision on whether to greenlight a spot Ethereum (ETH) exchange-traded fund (ETF), which had been proposed by Invesco and Galaxy Digital. As part of a December 13, 2023… Read More

Ethereum Adoption: zkSync Is Joining Chainlink SCALE Program to Support zkSync Era, the zkEVM ETH L2 Scaling Solutin

Matter Labs, an engineering and cryptography research company working on and developing software in relation to the zkSync protocol, a layer-2 trustless protocol that provides a scaling solution for Ethereum, and Chainlink Labs, the primary contributing developer of Chainlink, the decentralized computing platform powering the… Read More

Regtech Uppsala Security Analyzes DeFi Hack: Raft Protocol Exploit – A Hacker’s “Miscalculation” Leads to Major Loss

A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the Ethereum network. This incident, now widely referred to as the “Raft Protocol Exploit,” stands out… Read More

Digital Asset Platform Coinchange Scores $10m To Grow Its Services

Coinchange, a digital asset platform that enables businesses to trade and access yield as a service, has announced raising $10 million in its latest funding round to help finance its planned expansion. The round was backed by key investment players including Good News Ventures, Spirit… Read More

Ethereum Adoption: Movement Labs Unveils Move Virtual Machine L2 for ETH Network

Movement Labs has announced its plans to launch M2, the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA. Starting with M2, Movement is building an ecosystem of Modular Move-Based Blockchains, with M2 made possible “by Celestia’s Blobstream and the modular… Read More

Xapo Bank Adds 3 Cryptos to App

Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin, stablecoins, and altcoins, recently announced it is launching three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app — Ethereum (ETH), Cardano (ADA), and Polygon (MATIC)…. Read More

Ethereum Scaling Solution to Support Derivio, a Crypto Derivatives Trading Platform

Derivio, a Binance Labs incubated institutional-grade decentralized derivatives trading platform, is thrilled to announce their mainnet launch on zkSync Era, a Layer 2 scaling solution for Ethereum. Derivio seeks to unlock the full potential of decentralized trading and enhance how users engage with DeFi derivatives,… Read More

Digital Assets: Rising Optimism Leads to Largest Crypto-Asset Inflows in Past 18 Months – CoinShares Report

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Chainlink CCIP Integrated by Affine to Help Unlock Cross-Chain NFT Bridging

Affine has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across the Ethereum, and Polygon mainnets. Affine is leveraging CCIP’s arbitrary messaging capabilities “to help build cross-chain NFT bridging functionality for Affine Pass NFTs, which helps enable seamless and secure NFT… Read More

Ethereum Adoption: Fintech Platform Ramp Partners with Linea, a zkEVM Rollup for Scaling ETH dApps

Ramp, a financial technology company building payment rails connecting the crypto economy to the global financial system, announced a partnership with Linea, a developer-ready zkEVM rollup for scaling Ethereum dapps. This collaboration combines Linea Network’s blockchain technology “with Ramp Network’s robust global payments infrastructure.” In… Read More

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