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The Solana Foundation has responded to the U.S. Securities and Exchange Commission (SEC) by asserting that the SOL token is not a security. Solana Foundation: SOL is Not a Security Update as of June 11, 2023: In a statement posted on Twitter on June 11th, the Solana Foundation reiterated
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The Ethereum development team has finalized the upgrades that will be included in the upcoming Dencun hard fork, with EIP-4844 being the most notable. Ethereum Finalizes Changes for Upcoming Dencun Upgrade Following a regular meeting on June 8th, the Ethereum development team has outlined the changes that will be implemented
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Input Output Global (IOG), the company behind Cardano, has responded to the U.S. Securities and Exchange Commission (SEC) claim that ADA is a security. Cardano Developer: ADA Is Not a Security As reported by Coin68, the SEC's regulatory crackdown is reaching its peak. Major exchanges Binance and
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Vitalik Buterin, the founder of Ethereum, has recently shared his insights on the roadmap and three critical shifts needed for the Ethereum network to thrive in the future. Vitalik Buterin on 3 Crucial Shifts for Ethereum's Future Success According to Vitalik Buterin, three key changes are essential: scaling
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A wallet holding over 1,400 Bitcoin has been reactivated after more than a decade of inactivity. This stash is currently valued at nearly $40 million based on today's exchange rates. Another Bitcoin Whale Awakens After Over 10 Years of Dormancy According to data from crypto transaction tracking
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The Bedrock upgrade, a significant update bringing numerous improvements to Optimism, was successfully implemented in the early hours of June 7. Optimism’s Bedrock Upgrade Officially Live The Bedrock upgrade was officially activated at 11:00 PM on June 6, 2023 (Vietnam time), according to Optimism's pre-scheduled timeline.
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The crypto market has experienced a strong rebound in the past 12 hours, recovering from the impact of the SEC’s lawsuits against Binance and Coinbase. Crypto Market Rebounds to Pre-SEC Lawsuit Levels, Except for Tokens Labeled as “Securities” As reported by Coin68, the biggest news in the crypto market
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In a $250 million funding round by Volcano Energy, a startup focused on establishing a Bitcoin mining facility in El Salvador, Tether has joined as an investor. Tether Invests in Bitcoin Mining Startup in El Salvador On the evening of June 5, Tether—the company behind the world’s largest
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Following the memecoin frenzy that made Ethereum transactions "expensive" in May, gas fees have now stabilized and become more "cost-effective" for users. Ethereum Transaction Fees Hit Two-Month Low After Memecoin Frenzy Ethereum Transaction Costs Stabilize Ethereum’s daily transaction fees—flexible charges incurred during transactions or
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An address believed to belong to Ethereum co-founder Jeffrey Wilcke has transferred 22,000 ETH—valued at $41 million—to the Kraken exchange platform. Ethereum Co-Founder Moves $41 Million Worth of ETH to Kraken This transfer occurred just hours ago. Several data tracking websites have identified the wallet address as
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The TON Foundation has proposed a new mechanism to burn 50% of transaction fees on the TON network, effectively cutting validator rewards in half. TON Foundation Proposes Burning 50% of Validator Rewards The new proposal by the TON Foundation suggests that, when users transact on the network, a portion of
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Billionaire Elon Musk is once again embroiled in class action lawsuits related to the cryptocurrency Dogecoin (DOGE). Elon Musk Faces New Class Action Lawsuit Over Dogecoin According to Reuters, a group of American investors has filed a lawsuit against Elon Musk in Manhattan (New York) court, accusing the billionaire of
