What Lido staking dominance may mean for Ethereum’s future
The Ethereum community has raised fears of lido staking dominance leading to centralization. What does that mean for ETH 2.0?
Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi
PwC's research shows the number of crypto-focused hedge funds has risen to 300 despite the volatility in the market.
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
Lido community debates limiting staked Ethereum as centralization concerns grow
The Lido team submitted a governance proposal discussing the pros and cons of limiting its share of Ethereum staking.
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
A-list celebs remove NFT avatars amid crypto winter
Many celebrities who displayed their NFTs as avatars are removing them from their social media due to the depressing sentiment of the market.
Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Miners on the Bitcoin and Ethereum networks are feeling the pinch as falling token prices put pressure on the least efficient miners.
Crypto miners dump GPUs as token prices fall
The downturn in token price has triggered an exodus of GPU miners, resulting in a flood of availability in graphics cards.
BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’
Founders of the BAYC said that the video released by investigative YouTuber Phillip Rusnack was a ridiculous conspiracy theory used to sell knockoff NFTs.
BlockFi in talks with FTX CEO Sam Bankman-Fried to acquire a share of the company
Sam Bankman-Fried of FTX and Alameda Research is in talks to acquire a stake in crypto lending firm BlockFi just days after he acquired 11% of Voyager Digital
Is move-to-earn dead? STEPN’s GST token tumbles 98% in 2 months
STEPN's governance token $GMT is down 81% from its all-time high while the reward token is down 98% in just 2 months. Is move-to-earn dead?
Axie Infinity to start reimbursing Ronin bridge hack victims from June 28
Since the ronin bridge exploit that Axie Infinity suffered, the loot has lost a substantial part of its value due to the crypto market crash.
BoE’s Cunliffe believes crypto will continue to grow
Bank of England's deputy governor Jon Cunliffe likened crypto to the early days of the internet and said the ones who don't give up will grow like Amazon and eBay did.
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
Harmony Protocol’s Horizon bridge exploited, $100M stolen
Harmony has suspended the operations of the exploited bridge and has informed the authorities about the hack.
Despite the challenges of the past two years, the labor market appears to be in a good place, at least according to official government statistics.
Op-Ed: Trustless bridges: A much-needed solution to the security risks of blockchain bridges
The implementation of blockchain bridges – also known as token bridges – is essential to create interoperability and allow the exchange and flow of digital assets, enabling greater liquidity between blockchains.
Bentley Motors gears up to drop its Genesis NFT collection on Polygon
Bentley believes NFTs can help transform the luxury automotive space just like they disrupted the art industry.
Coinbase introduces KYC rules for its Netherland users to comply with local legislation
The rule will require users to provide information of recipients when making transfers to wallets off Coinbase.
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos
dYdX is moving to a native chain on the Cosmos ecosystem. But why is the DEX ditching Ethereum, the world's most popular Turing complete blockchain?
Ripple opens crypto hub in Toronto with intentions to employ 50 developers
Ripple has built a new office in Toronto, Canada, that will act as an engineering hub to drive crypto innovation. This new location is part of the company's global expansion.