In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%.…
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48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of ‘Negative Repercussions’
Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of…
Ethereum Hits 1 Million Validators Prompting Community Concerns
The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has…
Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout
The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma…
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S.…
US Lawmakers Urge SEC to Confront Prometheum’s Custody Plans for ETH
United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of…
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation;…
Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum
The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment…
From RBN to FLOKI: This Week’s Crypto Winners and Losers
While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy…
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks…
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