Author: Lalit Mohan
For interoperability, Injective launches a Layer-3 network on Arbitrum
By enhancing connectivity across the Ethereum, Cosmos, and Solana networks, it seeks to expand the capabilities and interoperability of blockchain technology. Blockchain Interoperability is Enhanced by Injective and Arbitrum Integration…
Ethereum is once more becoming inflationary due to the Dencun upgrade
According to a report published on Wednesday by CryptoQuant, the amount of ether burned has decreased to one of its lowest levels since the Merge, when Ethereum switched from a…
Bitget Collaborates with Alchemy Pay to Enable Crypto Purchases in Indian Rupees
This partnership brings about a significant advancement. It expands Bitget’s trading platform with the On-Ramp services of Alchemy Pay. Along with other cryptocurrencies, users will be able to purchase Tron…
Uniswap decides to provide the DeFi Education Fund the second $1 million UNI grant
Top decentralized exchange by transaction volume, Uniswap, has decided to continue funding web3 advocacy group DeFi Education Fund (DEF) indefinitely. A temperature check proposal seeking an additional 1 million UNI…
Wintermute declares liquidity support for ether ETFs and bitcoin spot in Hong Kong
In an effort to strengthen its position in the Asian cryptocurrency markets, cryptocurrency market maker Wintermute said today that it will supply liquidity to OSL and HashKey for spot bitcoin…
The Ethereum Futures Trust ETF proposal from Grayscale has been withdrawn
A new document filed on Tuesday states that a petition to list and trade shares in Grayscale’s exchange-traded fund, ether futures, has been withdrawn. As per a filing with the…
Hacker on Poloniex Transfers $3.3 Million in Ether to Tornado Cash
Blockchain information indicates that in November, a hacker who made off with $125 million from Poloniex’s hot wallets sent 1,100 ETH to Tornado Cash, an authorized coin mixer. The roughly…
Bybit will incorporate USDe from Ethena Labs as a collateral asset and in spot trading pairings for ether and bitcoin
With this new relationship, Ethena and Bybit, the cryptocurrency exchange, will be able to trade perpetual futures of all assets in the exchange’s UTA using USDe as a collateral asset….
BitPay and MoonPay collaborate to streamline cryptocurrency transactions
Through social media, MoonPay revealed that the collaboration would facilitate quicker and simpler cryptocurrency sales, simplifying the process for users to move cryptocurrency to their bank account or debit card….
$1.3 billion in spot Bitcoin ETF investments are disclosed by Susquehanna
In a May 7 13F filing, Susquehanna International Group revealed $1.3 billion in investments in spot Bitcoin ETFs. For a total investment of $1.1 billion, the business disclosed owning 17.3…
After V2 Rollout, Friend Tech Experiences a Resurgent Activity
Since the feature launched on May 3 along with Friend Tech’s v2 iteration, over 79,500 people have created 137,157 clubs, according to data from Dune Analytics. Club keys have already…
X Layer QuickSwap Launches to Strengthen Polygon DeFi
By adding a new Citadel to the QuickSwap environment, this calculated action expands the Polygon CDK network family and improves its functionality. On X Layer Mainnet, QuickSwap QuickSwap’s connection with…
Tether and Chainalysis Collaborate to Increase Compliance and Track Banned Addresses
The platform, according to the company, can be used as an intelligence tool by compliance specialists and investigators to find wallets that present a risk or could be connected to…
Over 12,000 BTC is invested in Solv Protocol, which also incorporates the Babylon collaboration
Binance Labs had made a sizable investment in Solv Protocol? The investing division of the biggest exchange in the world made this move in an effort to support the increasing…
SEC Is Examining Robinhood’s US Crypto Operations
This letter raises the possibility of legal action against the company’s cryptocurrency branch, Robinhood Crypto (RHC). “Disappointed” With SEC Wells Notice, Robinhood Chief Legal, Compliance, and Corporate Affairs Officer at…
Nigeria will stop manipulating its currency by removing the Naira from P2P trading sites
The Naira, the currency of Nigeria, is to be removed from all peer-to-peer (P2P) trading systems, as announced by the government. As part of a larger initiative to stop the…
Market value of bitcoin miner Marathon increases by $800 million as shares soar by 18%
Marathon Digital’s shares increased by 18% on Monday, following S&P Global’s announcement that the bitcoin miner would be included in a small-cap stock index. This increase increased the company’s market…
For the first time in ten years, a Bitcoin whale shifted $43 million in BTC
The whale was given 687.33 Bitcoins (BTC) on January 12, 2014, according to Lookonchain statistics. At the time, BTC was trading for $917, which is almost $630,000. Ten years later,…
Following the German Strategic Alliance, Kraken Spreads Throughout Europe
In its continuous efforts to expand its market share in Europe, Kraken has taken a major step forward with this endeavor. In Germany, Kraken Partners With DLT Finance Beginning on…
Exodus of Bitcoin Wallet Makers Is Reaching the New York Stock Exchange
The firm announced on Monday that Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, has received approval to list its common stock on the New York Stock…