Posts published on October 3, 2023 go to media archive 2/4

Ethereum ETFs Face Lackluster Debut From Small Investors: Is The Hype Fizzling Out?

Yesterday’s launch of futures-based Ethereum (ETH) exchange-traded funds (ETFs) delivered underwhelming results, with shallow trading volumes indicating a deficient demand for ETH exposure. Furthermore, a recent report by The Wall Street…

Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to…

From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months

It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions. Bitcoin’s Transaction…

At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design

The developer’s OP Stack software – the blueprint for Coinbase’s new Base blockchain – had been criticized for the lack of a crucial security feature, likened to driving a fast car without airbags.