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Leading cryptocurrencies have all risen following the SEC approval of Bitcoin spot ETFs, with Ethereum (ETH) and its ecosystem tokens showing the strongest gains. Cryptocurrency Price Movements as of 09:15 AM on 11/01/2024. Source: Coin360 As reported by Coin68, in the early hours of January 11, the
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The restaking project EigenLayer will continue to raise the token deposit cap for Liquid Staking Tokens (LSTs) on its platform while announcing three new supported assets. EigenLayer has expanded its support to include three new Liquid Staking Tokens (LSTs): sfrxETH (from Frax Finance), mETH (from Mantle), and LsETH (from Liquid
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In a recent discussion on Reddit, Vitalik Buterin made new proposals regarding the gas limit on Ethereum. The Ethereum founder suggested increasing the maximum gas limit per block by 33%. Based on current figures, this proposal would raise the limit from 30 million gas to 40 million gas. @VitalikButerin just
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Thanks to Bitcoin's recent surge to new highs, El Salvador's investment in this cryptocurrency has not only broken even but also recorded a profit of approximately $10 million. El Salvador's Bitcoin Investment Portfolio Shows Temporary Profit of $10 Million. Image: DigFin Benefiting from Bitcoin&
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The Starknet community has overwhelmingly approved a proposal to use the STRK token for transaction fees. Starknet Approves Use of STRK Token for Transaction Fees In a vote concluded on January 8, the Starknet community passed a proposal to allow the use of the STRK token for transaction fees on
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Leading Ethereum lending protocol Aave is seeking community input on supporting PayPal's PYUSD stablecoin. Since its launch in August 2023, PYUSD, the stablecoin issued by global digital payments giant PayPal, has struggled to find its footing in the cryptocurrency sector. Consequently, its issuer Paxos has been working on
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The U.S. Commodity Futures Trading Commission (CFTC) has published a report on DeFi, urging authorities to thoroughly study how to regulate the DeFi industry. In a comprehensive 79-page report on DeFi, the CFTC detailed the challenges facing DeFi and proposed solutions for policymakers to begin their research. CFTC Commissioner
NFT & GameFi
Recent activities surrounding Azuki NFT project suggest the imminent launch of its own token, sparking speculation within the NFT community. In the past few days, the NFT community has been abuzz with rumors of Azuki preparing to introduce its own token. Specifically, Azuki's official X (Twitter) account retweeted
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The crypto community is buzzing once again with the latest showdown between Curve Finance founder Michael Egorov and 0xSifu, a prominent figure known for stirring drama in DeFi circles. 14/ * After my yesterday's tweet, Mich wrote in the tg group that he came to know that "someone&
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Early morning on January 7th, Besu, the Execution Client software on Ethereum, faced an incident that was swiftly addressed to mitigate any potential risks. Besu Client Software on Ethereum Encounters Incident Besu users may be experiencing downtime right now. Besu team is aware and on it - in the meantime,
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Ethereum developers have begun planning for a major upgrade following Dencun, called Pectra. Ethereum Reveals Next Upgrade Post-Dencun. Image: Unchained Crypto During their regular meeting on January 5th, Ethereum (ETH) developers finalized the schedule to roll out Dencun on testnets and discussed the changes expected in the subsequent upgrade named
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Not a new concept, yet "Restaking" continues to attract significant attention from the community, partly due to pioneering projects like EigenLayer in this field. However, is this solution truly a new breakthrough or just another game of leverage within DeFi? Let's explore in this article! Restaking
