Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and stablecoins since its introduction on Monday, according to reports. Blast, led by the pseudonymous @PacmanBlur, a co-founder of...
Read More »Crypto-Friendly Swiss City of Lugano Adopts Polygon for Swift Payments
Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the crypto-friendly Swiss city has upgraded its payment platform MyLugano by integrating its Proof-of-Stake (PoS) network to make payments more...
Read More »Austria’s Raiffeisen Bank to Launch Retail Crypto Trading Services for Customers in Vienna
Raiffeisen Bank will first roll out the services to small-scale customers who can invest as little as one euro in the country’s capital city of Vienna and the historic headquarters of the 97-year-old bank where most residents live. Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch of its crypto trading services for retail customers, CoinDesk reported, citing an interview with the company’s head of innovation, Curt...
Read More »DEX Platform KyberSwap Faces Exploit Losing $47M
Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to the protocol moved to a single wallet, as highlighted by a user known as Spreek on X. The affected funds include $20.7 million...
Read More »Litecoin (LTC) Price Analysis: Key Uptrend Support Intact, Fresh Increase?
Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.00 and $71.00 resistance levels. Litecoin price is rising from the $65.00 zone against the US Dollar, like Bitcoin. LTC...
Read More »ETH Pops Above $2K But Are the Bears Gone for Good? (Ethereum Price Analysis)
Technical Analysis By GreatestTrader Ethereum’s recent forceful upswing encountered resistance upon reaching a critical price region, encompassing the $2K threshold and the upper boundary of an ascending wedge. This resulted in a phase of consolidation correction, retracing towards the 100 and 200-day Moving Averages (MAs). A comprehensive analysis of the daily chart exposes a notable presence of supply in the crucial $2K region, coinciding with the upper boundary of the...
Read More »KPMG Canada Partners with Chainalysis to Combat Crypto Fraud
The announcement of KPMG Canada’s partnership with Chainalysis coincides with broader industry efforts to tackle fraud associated with crypto. The KPMG Canada has announced a strategic partnership with blockchain analytics firm Chainalysis in response to the escalating threats of exploits and fraud within the crypto sector. Kunal Bhasin, Partner and Cryptoassets and Blockchain Co-leader at KPMG Canada, emphasized that “this collaboration will help to further solidify KPMG’s expertise in...
Read More »Breaking: Crypto Exchange HTX and Heco Bridge Hacked Again for $100M
The HTX and the HECO Chain have been hacked again with reports suggesting between $85 million and $100 million in losses. The crypto exchange HTX (previously known as Huobi) and the HECO chain have been hacked. On-chain security alerts platform Cyvers Alerts reported the news, stating that a suspicious address received about $85 million in multiple suspicious transactions from the HECO chain bridge, noting that the first transaction was 10,145 ETH. Cyvers Alerts founder and CTO Meir Dolev...
Read More »Bitrefill: Amazon, Netflix, Uber, Zalando, Swisscom und Coop
Bitrefill ist eine Plattform, die eine breite Palette digitaler Geschenkkarten und mobiler Aufladedienste anbietet. Gegründet im Jahr 2014 ermöglicht Bitrefill Benutzern die Verwendung von Kryptowährungen wie Bitcoin, Ethereum und Litecoin, um Geschenkkarten von verschiedenen Händlern zu erwerben, darunter Amazon, Netflix, Uber, Airbnb, und um Mobiltelefone in über 170 Ländern aufzuladen. In diesem Artikel werden wir genauer darauf eingehen, was Bitrefill ist und welche Vorteile es den...
Read More »Change of Heart: Santander Launches BTC, ETH Services to High-Net-Worth Clients (Report)
The global division of Spanish financial institution Banco Santander – Santander Private Banking International – has reportedly introduced a new feature that enables customers with Swiss accounts to engage in the investment and trading of Bitcoin (BTC) and Ethereum (ETH). Given Banco Santander’s extensive history of more than 160 years and its broad customer base of 166 million individuals, the private banking division, which attends to 210,000 affluent clients and oversees...
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Ethereum (ETH)
