An Ethereum address associated with the network’s co-founder, Vitalik Buterin, transferred 600 ETH to crypto reading platform Coinbase, worth roughly $1 million at writing time. The transfer comes after crypto markets tanked last week, bringing ETH down to $1670 for the first time since June. Is Vitalik Selling His ETH? According to public blockchain data available on Etherscan, the wallet address behind the transfer – Vitalik. eth – now holds a balance of 3,933 ETH, worth...
Read More »ETHWarsaw Returns for its Second Edition Alongside Warsaw Blockchain Week
[Press Release – Warsaw, Poland, August 21st, 2023] ETHWarsaw, a web3 conference and hackathon, organized by a passionate group of local Ethereum enthusiasts, returns for its second edition. The event is set to take place from August 31st to September 3rd, 2023 in Warsaw, Poland, bringing together a global community of builders, founders, and educators in web3. Building upon the achievements of its debut, the second edition of ETHWarsaw promises an enhanced experience as it...
Read More »Here is How dYdX Chain Validators and Stakers Will Keep the Ecosystem Unharmed
dYdX Foundation – the non-profit organization behind the popular decentralized exchange (DEX) DYDX – announced some requirements that chain validators and stakers must comply with to ensure maximum user protection. Good practices are organized into six categories: Maximal Extractable Value (MEV), operations and security, performance, transparency, governance participation, and dYdX ecosystem consideration. According to a recent blog post shared by dYdX Foundation, chain...
Read More »Crypto Will Go Away If There’s No Privacy: Interview With Anoma and Namada’s Adrian Brink
To this day, privacy arguably remains the fatal flaw of the most popular blockchain networks. Both Bitcoin and Ethereum use fully transparent public ledgers to store their transactions. While technically anonymous, careful digging can allow external parties – including governments – to uncover the identity of any number of parties behind an address or set of transactions. For the more privacy-focused blockchains and protocols, authorities have mostly banned centralized...
Read More »Grayscale Feels It’s Being Treated Unfairly by the SEC
Not long ago, the Securities and Exchange Commission (SEC) approved a different kind of bitcoin-based exchange-traded fund (ETF), and crypto conglomerate Grayscale isn’t happy about that. Grayscale is Seeing Red The ETF that garnered approval is called 2X Volatility Shares, and it became open for public trading on June 23. For many players out there, the move was the right one and a big step in a powerful new direction that’s likely to make crypto mainstream and...
Read More »Cardano NFT Floor Price Skyrockets, Exceeding Ethereum: Data
In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced criticism from numerous quarters, being labeled a “ghost chain” due to its absence of a DeFi and NFT economy. However, the NFT landscape is undergoing a shift. According to the weekly chart shared by Stocktwits NFTs, the Cardano NFT floor price index sits 22% above that of...
Read More »Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses
CoinspeakerGoldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses
Read More »Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
CoinspeakerEthereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address While there is still no word from Vitalik Buterin, the Ethereum co-founder's ETH move connects with a poor market and possible ETH ETF. Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
Read More »NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the weekend, the NFT platform announced that it plans to gradually shut down its operations starting this month, with a full business closure slated for November. RECUR Calls It Quit At the time of the announcement, RECUR said it had halted primary and secondary sales on August 18. However, the firm will...
Read More »Gaming Company Sega Wants Nothing to Do with Blockchain
There are many gaming companies out there that have joined hands with blockchain technology as a means of enhancing experiences for many players, but Sega is not (and likely will not be) one of them. Sega Doesn’t Think Much of Blockchain Sega, as we all know, is a major competitor to Nintendo and has produced some of the world’s most recognized titles such as the “Sonic the Hedgehog” series, “Golden Axe,” and many others. In several ways, Sega has been ahead of...
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