5 Most Important Trends in DeFi: Unpacking Token 2049

by webwriter | Sep 23, 2023 | Ethereum News

The following is a guest post from Srikumar Misra, founder at aarnâ protocol.A quintet of interwoven vectors: DeFi, stablecoins, AI, regulation, and liquidity are large themes bouncing around, posing barriers and deep opportunities. The build energy continues to be...

Ethereum’s ‘Dencun’ upgrade likely delayed into 2024

by webwriter | Sep 23, 2023 | Ethereum News

Ethereum’s next major upgrade, Dencun, will likely see a delayed launch according to statements from developers during a meeting on Sept. 21. Though Dencun is largely complete, it is still under development and in need of testing. Tim Beiko, a member of the...

Sustained Bitcoin mempool congestion shows unwavering demand for Ordinals Inscriptions

by webwriter | Sep 22, 2023 | Ethereum News

Earlier this year, the market saw an unprecedented uptake of Ordinals and its associated Inscriptions. Ordinals serve as a unique numbering scheme for satoshis, allowing users to track and transfer individual sats. Inscriptions are a form of NFTs on Bitcoin’s...

Court rejects testimony from seven expert witnesses put forward by Sam Bankman-Fried

by webwriter | Sep 22, 2023 | Ethereum News

Seven expert witnesses expected to testify on behalf of former FTX CEO Sam Bankman-Fried have been rejected, according to a ruling dated Sept. 21. Bankman-Fried’s list of now-excluded witnesses featured experts in multiple areas, including consultant Thomas...

DraftKings top investor backs CoinScan to become ‘home page’ for crypto analytics

by webwriter | Sep 21, 2023 | Ethereum News

Crypto analytics platform CoinScan secured $6.3 million in a funding round that included Shalom MecKenzie, DraftKings’ largest private shareholder. Per a Sept. 21 statement shared with CryptoSlate, CoinScan differs from other analytics platforms, providing free...

Gensler says U.S. government shutdown would reduce SEC to skeleton crew

by webwriter | Sep 21, 2023 | Ethereum News

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U.S. government could shut down on Oct. 1 as members may not pass the bills needed...

Ripple CEO takes crypto regulatory clarity fight to Washington

by webwriter | Sep 20, 2023 | Ethereum News

Ripple (XRP) CEO Brad Garlinghouse met with unnamed members of the U.S. Congress on Sept. 19 to discuss issues about regulatory clarity of the crypto industry. In a Sept. 19 post on social media platform X (formerly Twitter), Garlinghouse revealed that he was in...

Judge rejects SEC’s request to inspect Binance.US’ software, technical infrastructure

by webwriter | Sep 19, 2023 | Ethereum News

Courts have rejected the U.S. Securities and Exchange Commission’s request to inspect Binance.US’ systems, Bloomberg reported on Sept. 19. The SEC did not succeed in convincing Federal Magistrate Judge Zia Faruqui to immediately permit an inspection of the...

Canto rallies 13% following plans to migrate to Ethereum as layer2 network

by webwriter | Sep 19, 2023 | Ethereum News

Canto, a Cosmos-based layer1 network, plans to migrate to Ethereum (ETH) and become a layer-2 network.Following the news, the CANTO token jumped by nearly 13% to $0.1285 as of press time, according to CryptoSlate’s data.Canto to build on Polygon.Canto core developers...

Citigroup launches Citi Token Services for institutional clients

by webwriter | Sep 18, 2023 | Ethereum News

Citigroup has launched the pilot of its Citi Token Services, a new platform aimed at bolstering cash management and trade finance mechanisms. The company announced in a press release that the service leverages blockchain and smart contract technologies to provide...