Ethereum 2.0 staking has been gaining traction, with the deposit contract for staking Ethereum on the Beacon Chain reaching an all-time high of 47.36 million ETH. This milestone represents a significant increase from two years ago when the contract held only 10.9% of the Ethereum supply. The fact that it now accounts for 33.9% of
An Ethereum whale’s recent transaction has stirred panic within the community, hinting at a possible sell-off of their holdings. The transfer of 11,215 ETH ($34.3 million) to Coinbase suggests a significant amount of tokens being moved, which could potentially impact ETH’s price. Many traders interpret such moves as a signal to sell, leading to speculations
Bitcoin’s recent price dip, attributed to various factors such as Mt. Gox repayments, has caused concern among investors. The cryptocurrency experienced a significant correction, dropping by around 15% in the past 30 days. This decline culminated in BTC falling below $54,000 for the first time since February. Despite this, the asset has shown signs of
The market intelligence platform, Santiment, recently highlighted Ethereum (ETH) as the most trending token in the cryptocurrency sector. This surge in popularity is attributed to the updated S-1 forms filed for spot ETH ETFs by major financial institutions such as BlackRock, Fidelity, VanEck, and others. According to Santiment, this development could potentially lead to ETH
The recent case involving Paxful’s co-founder and former CTO, Artur Schaback, sheds light on the serious consequences of neglecting Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Schaback pleaded guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program, as required by the Bank Secrecy Act. This failure
Katherine Dowling, the Chief Compliance Officer (CCO) of Bitwise, recently indicated that spot Ethereum ETFs are nearing the final stages of approval. In an interview with Bloomberg on July 9, Dowling mentioned that discussions with the Securities and Exchange Commission (SEC) have been positive, with fewer issues to address in each S-1 amendment. This progress
Despite the recent drop in Bitcoin price below $60,000, the majority of Bitcoin investors are still seeing profits in their positions. According to data from the on-chain tracker IntoTheBlock, around 83% of the approximately 53.57 million Bitcoin holders worldwide are currently in profit, even as the price hovers just above $56,000. This leaves only 17%
Shatterline, a dynamic arena shooter available on PC, has been making waves in the gaming community since its early access release on Steam in 2022. The game offers both player-versus-player (PvP) and player-versus-environment (PvE) modes, providing players with a competitive and immersive gaming experience. Despite the early access servers shutting down on August 1st, Shatterline
The introduction of the MiCA regulation has sparked a surge in demand for compliant stablecoins, with Circle’s USDC emerging as a key player in this space. According to a report by French blockchain analytics firm Kaiko, non-compliant stablecoins currently dominate the market, accounting for 88% of total stablecoin volume. However, with the implementation of MiCA
Recently, Artur Schaback, the co-founder and former CTO of Paxful Inc., pleaded guilty to conspiracy charges related to the failure to maintain an effective anti-money laundering program. The Department of Justice stated that Schaback’s negligence allowed Paxful to become a hub for various criminal activities, including money laundering, fraud, and prostitution. Schaback pleaded guilty to
