Ethereum (ETH)

Sygnum, Fireblocks and Wyden Join Forces to Enable Crypto Asset Offering for Luzerner Kantonalbank AG Sygnum, Fireblocks and Wyden have teamed up to offer Luzerner Kantonalbank (LUKB) a fully integrated solution for the trading, custody and transaction monitoring of crypto assets. The fully licensed universal bank plans to offer crypto assets to its clients by end of 2023 at the earliest. Sygnum, the world’s first digital asset bank, Fireblocks, an...

The Australian Securities and Investments Commission (ASIC) filed a lawsuit against the trading platform eToro, alleging that its contract for difference (CFD) product could harm investors. That type of monetary tool is a leveraged derivative contract that enables customers to speculate on the prices of equities, commodities, stock market indices, and digital assets.  The platform was among the first in its field to hop on the cryptocurrency bandwagon, allowing trading...

The American investment platform Robinhood released its financial results for the second quarter, revealing that crypto trading revenue plunged by 18% compared to the Q1 figures. One reason behind the downtrend could be the company’s decision to delist certain digital assets, deemed securities by the US SEC, such as Solana (SOL), Cardano (ADA), and Polygon (MATIC). The Latest Numbers Despite reporting solid overall profits in Q2, Robinhood announced that crypto trading...

Crypto trading platform Bitstamp has introduced an XRP lending service offering a “permanent” 2% yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for 2% APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT). Permanent Yield On XRP? As explained by Bitstamp in a blog post on Thursday, the company partners with Tesseract for its lending service, which “only lends...

Ethereum developers are working to take their digital baby to the next level. They’re now establishing something called “distributed validator technology” or DVT. Ethereum Continues Its Trek Forward Right now, there are more than 600,000 Ethereum validators in the world. The problem is they are too independent of each other, so what one might see as a successful pushing of transactions forward, another might see as a failure. Also, these validators are still prone...

Crypto exchange Coinbase has revealed its launch date for Base – the Ethereum layer 2 blockchain designed to make transactions faster and cheaper than the underlying network. As of today, users can begin bridging ETH to base, with dapps “across the on-chain ecosystem” starting to enable Base support. Base: A Bridge To Crypto As published in a blog post from Base on Thursday, the Base mainnet will go live “for everyone and everything” on August 9. To commemorate the launch,...

CoinspeakerShiba Inu Aims to Become Serious DeFi Contender, Add Digital IDs Shiba Inu is gearing up for the mainnet launch of Shibarium scheduled ahead of this month at the upcoming Blockchain Futuristic Conference. Shiba Inu Aims to Become Serious DeFi Contender, Add Digital IDs

[Press Release – London, United Kingdom, August 2nd, 2023] The cryptocurrency landscape is about to be shaken up by the release of Satoshi Coin, a new cryptocurrency that has a number of unique features. Satoshi Coin offers a novel approach to mining and staking through its Proof of Computing Power (PoCP) algorithm. The presale for Satoshi Coin is currently underway. It will run from August 2 until all available coins have been purchased. An Ethereum-based token, Satoshi Coin...

CoinspeakerEthereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. Ethereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype

CoinspeakerBinance Reenters Japanese Market with 34 Tokens With 34 tokens, Binance will offer more coins than any exchange operating in Japan. Binance Reenters Japanese Market with 34 Tokens