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Crypto market remains bullish following Fed rate cut
Following a meeting on Nov. 7, the Fed’s Federal Open Market Committee (FOMC) cut the US interest rate by another 25 basis points (bps), lowering it to 4.5% from 4.75%. […]
Staking could lower fees and boost interest in Ethereum ETFs, analyst claims
Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out […]
Wintermute proposes fee switch for fair revenue sharing in Ethena protocol
The Ethena community is currently reviewing a proposal from crypto market maker Wintermute to activate a fee switch within the protocol. In the Nov. 6 proposal, Wintermute highlighted the lack […]
Michigan state pension fund reports $11 million exposure to Ethereum ETFs
The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing. As a result, Michigan became the […]
UAE’s M2 crypto exchange hacked for $13.7M, assures full fund recovery
M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13.7 million in digital assets. In a Nov. 1 statement, the exchange disclosed that […]
Kraken announces layoff, appoints Tribe Capital co-founder as new co-CEO amid restructuring
Kraken announced on Oct. 30 a round of layoffs described as “organizational changes” designed to streamline operations and refocus its mission and appointed Arjun Sethi as its co-CEO. Sethi is […]
Starknet overtakes Coinbase-backed Base with stress test propelling 857 TPS milestone
Starknet, the Ethereum layer-2 network, has hit a new transaction per second (TPS) milestone that outstrips that of other L2s. On Oct. 29, the project announced on X that its […]
Consensys cuts workforce by 20% amid restructuring
Consensys is reducing its workforce by 20%, a move designed to streamline operations and reinforce its leadership in the web3 space, according to an Oct. 29 release. The staff cuts […]
Bitcoin nears all-time high with stable metrics, signaling strength for further upside – K33 Research
Bitcoin (BTC) is not showing signs of frenzy, unlike March, which indicates room for further growth in price, according to K33 Research report published on Oct. 29. As of press […]
Vitalik Buterin sets sights on ‘multidimensional’ Ethereum gas with focus on The Splurge
Ethereum founder Vitalik Buterin has added more to the section of the Ethereum roadmap called “The Splurge,” aiming to advance the Ethereum Virtual Machine (EVM) toward a stable, high-performance “endgame […]