Cryptocurrency Market

  • Market Cap: $3,732,375,482,064.77
  • 24h Vol: $239,311,128,744.49
  • BTC Dominance: 55.42%

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wazirx-defends-restructuring-decision-—-founder-assures-‘not-bankruptcy-or-liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,” […]

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’ Read More »

ethereum’s-shapella-upgrade-to-enable-staking-withdrawals-set-to-go-live-on-april-12

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12

The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12 Read More »

magic-eden-launches-bitcoin-ordinal-inscription-market,-partners-with-hiro,-xverse-to-bolster-support

Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s Decision to Launch on Bitcoin Without Royalty Support and Compete With Emerging Markets Magic

Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support Read More »

ethereum-upgrade-to-implement-beacon-chain-withdrawals-scheduled-for-april-12

Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following

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ftx-warns-community-of-phony-‘debt-tokens’-and-scams-claiming-to-be-affiliated-with-the-bankrupt-exchange

FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange

On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a

FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange Read More »

lido-protocol-reveals-plans-for-withdrawal-feature-ahead-of-ethereum’s-shanghai-hard-fork

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork Read More »

unredacted-financial-documents-show-blockfi’s-$1.2-billion-connection-with-ftx,-alameda-research 

Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research 

Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2

Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research  Read More »

shib-token-sees-rise-ahead-of-shibarium-beta-launch

SHIB Token Sees Rise Ahead of Shibarium Beta Launch

The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the

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polygon-announces-upcoming-hard-fork-to-address-gas-spikes-and-chain-reorganizations

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations

The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve User Experience On Jan.

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game-of-thrones-nfts-sell-out-quickly,-but-draw-criticism-for-‘poorly-drawn’-characters

Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters

The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT marketplace niftys.com. The “Build Your Realm” collection sold out on Jan. 10, the day it was released. However, there have been complaints from fans, with some calling the NFTs “poorly drawn” and others criticizing the

Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters Read More »