Ether Is Going to Shine Again, Steno Research Says
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.
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‘Satoshi Era’ Wallets Move $16M in Bitcoin After 15 Years of Dormancy
It is unclear if all these wallets belong to the same person or entity.
Jump’s ‘Frankendancer’ Validator Client Is Live on Solana Mainnet
The ramshackle validator client is a prelude to Jump’s highly anticipated Firedancer software.
SocGen’s Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.
Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ’s Hike Pause Bumps Risk Assets
The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.
Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
Hacker have moved the stolen assets to decentralized exchanges.
Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The first protocol will be launched in 2025 with more than $100 million in total value locked.
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.
German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’
The German Attorney General’s Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.