Auto Added by WPeMatico

Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH…

Continue ReadingLiquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting…

Continue ReadingBitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023

According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in…

Continue ReadingStudy: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023

Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana

Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced…

Continue ReadingStripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana

Crypto boasts over 400 million active wallets, suggesting more investor confidence

Chainalysis unveils a surge in blockchain wallet activity, with over 400 million wallets, signaling crypto market confidence and adoption. The post Crypto boasts over 400 million active wallets, suggesting more…

Continue ReadingCrypto boasts over 400 million active wallets, suggesting more investor confidence

‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations

In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A…

Continue Reading‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations