ZachXBT criticizes block explorers on L1 chains, calls for overhaul
ZachXBT identifies gaps in block explorer quality across several layer-1 blockchains, urging significant improvements.
Posts published by Cointelegraph.com News 128/645
Bitcoin transactions dive 30% in 6 months amid BTC price ‘disinterest’
Bitcoin is well and truly stuck, the analysis concludes, but there are signs that a BTC price breakout from an increasingly “unstable” range is brewing.
AggLayer will connect all Web3, including L1s like Ether and Solana: Polygon Labs CEO
Polygon’s AggLayer will unite the entire blockchain space to provide “infinite scalability,” according to Polygon Labs’ CEO.
WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal
Dogwifhat’s open interest spiked as its price had been trading below $1.90 since Aug. 25, while a trader pointed out a potential reversal pattern was forming.
Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.
Fed hits Texas bank with cease and desist over servicing crypto firms
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022.
Trump family’s DeFi project wants to ‘ensure US dollar dominance’
The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain.
Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days
Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it's easier to use and stealthier than ever before.
Nvidia denies receiving DOJ antitrust subpoena
Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
EigenLayer rolls out 'major update' to restaking contracts
The upgrade aims to enhance rewards for restakers.
‘The crypto voting bloc is not voters’: Political scientists debate election impact
Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent, but researchers are undecided about whether it even matters.
New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.
Ripple and SEC agree to stay $125M judgment, hinting at appeal
Though the SEC may choose not to appeal the Aug. 7 decision, Ripple’s lawyers requested that 111% of the monetary judgment be placed into a bank account to obtain a stay.
Why is Ethereum (ETH) price underperforming compared to the wider crypto market
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting.
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency.
US regulator again delays decision on eco-friendly Bitcoin ETF
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023.
Nigerian judge pushes Binance exec’s bail hearing to Oct. 9
Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application.
Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.
Bitfarms responds to Riot Platforms’ proposed board changes
Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed.
CFTC charges Uniswap with illegal derivatives trading
One CFTC commissioner dissented, calling the action “regulation by enforcement.”
Price analysis 9/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000.
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion.
Sen. Warren to debate John Deaton, criticizes ‘crypto billionaires’
The Massachusetts senator said she agreed to two debates in October, while John Deaton challenged her to five after his primary victory.
Euler Finance bounces back from flash loan attack, introduces modular vaults
Euler Labs has released Euler v2, a development kit for deploying ERC-4626 vaults with customizable lending risk management features.
Bitcoin still 10% down post-halving amid record delay to all-time high
Bitcoin is simply too slow to preserve historical norms this time around, trader Peter Brandt concludes in a frank appraisal of BTC price performance.
California passes bill to prohibit unauthorized AI replicas of the deceased
California’s Senate passed Assembly Bill 1836, prohibiting unauthorized AI-generated replicas of deceased personalities without prior consent to protect performers’ rights and likenesses.
Japan’s Sakana AI partners Nvidia for research, raises $100M
The Tokyo-based startup raised $100 million in a Series A funding round led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia.
Could centralization be the silent killer of AI and cloud innovation?
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.