Crypto Aid Israel, an emergency relief fund created to support Israeli victims of Hamas terrorism, has received over $185,000 in donations despite suffering a phishing attack. The initiative has distributed 200,000 NIS, around $49,000, to various organizations spearheading the relief efforts in the region. Beneficiaries of the donations include the Foundation for Advancing Citizens of […]
In the world of blockchain, understanding token dynamics is crucial, especially when it comes to layered networks. Recently, the Shiba Inu community witnessed a significant token burn of 97 million SHIB on the Shibarium Layer-2 (L2) network. Shibarium is a blockchain platform built on top of Ethereum that caters to decentralized applications (dapps). This burn […]
Grayscale Investments has taken a significant step towards gaining approval for a US spot Bitcoin exchange-traded fund (ETF). The company has filed an S-3 registration statement with the US Securities and Exchange Commission (SEC) to register shares of its Grayscale Bitcoin Trust (GBTC). This move indicates Grayscale’s intention to list the shares on NYSE Arca […]
Ripple Labs Inc. has partnered with Tokentus Investment AG, a Frankfurt-based investment company specializing in the blockchain sector, to advance the growth and adoption of the XRP Ledger (XRPL). This collaboration is part of Ripple’s XRPL Accelerator Program, which aims to support emerging start-ups by providing mentorship and guidance. Tokentus, listed on the Munich stock […]
The approval of a spot Bitcoin ETF is eagerly awaited by the crypto community, as it could attract billions of dollars of institutional money. However, analysts are divided on the potential market reactions to the approval. Recent events, such as the fake ETF news, have shown the significant impact on the market when the SEC […]
Bitcoin’s potential for scalability and privacy is being explored through the implementation of zero-knowledge proofs (ZK-proofs). ZK-proofs allow one party to prove the truth of a statement without revealing any of its contents. The transformative potential of ZK-proofs was realized by Eli Ben-Sasson, the founding scientist of Zcash, during the Bitcoin 2013 conference in San […]
Standard Chartered, a multinational bank, is set to offer custody services for Bitcoin and Ethereum to its institutional clients in Dubai starting in Q1 2024. This move signifies the bank’s embrace of digital assets and is supported by the favorable crypto regulations in the United Arab Emirates (UAE). Standard Chartered has a strong presence in […]
The Stellar Lumens blockchain is undergoing an upgrade to support smart contracts, aiming to challenge Ethereum’s dominance in the space. The new Soroban project will attract developers, users, and new applications to the network, which was initially focused on payments. This upgrade, set to launch later this year, is expected to be the biggest since […]
In a significant development for the Shiba Inu community, Shib CoOp has announced the premiere SHIB token burn on Shibarium, a Metaverse real estate project. This marks a significant step forward for the Layer-2 (L2) blockchain network built on top of Ethereum. Shibarium, which launched over two months ago, is designed to host various decentralized […]
Zuger Kantonalbank, Switzerland’s oldest cantonal bank, has made a significant move by introducing trading and custody services for six major cryptocurrencies, with a focus on XRP. This development comes as a result of a collaboration with Sygnum Bank, a leading player in the digital asset sector. Zuger Kantonalbank is the first cantonal bank in Switzerland […]
