Category: Latest news

[ad_1] Cryptocurrency exchange Binance confirmed it was working to integrate the Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities on its platform, according to a June 20 tweet. Binance will join Bitfinex, Kraken, and OKX as one of the largest trading exchanges to integrate Lightning, according to a GitHub repository by LN advocate…

[ad_1] Bitcoin now accounts for half of the total crypto market cap – crossing 50% dominance for the first time since April 2021. The chart below shows Bitcoin dominance finding a local bottom at 39.9% around November 2021 – when FTX, and its native FTT token, collapsed, triggering narratives around worthless altcoins and Ponzinomics. Since…

[ad_1] The week ending June 19, 2023, saw minor outflows totaling $5.1 million from digital asset investment products, as reported in CoinShares’ Digital Asset Fund Flows Weekly. Despite these outflows, altcoins experienced inflows totaling $2.4 million following the prior week’s price crash, suggesting a shift in investor sentiment. While Ethereum (ETH) experienced the most significant…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] The United Kingdom’s House of Lords passed the Financial Services and Markets Bill today, marking a major step in the country’s effort to regulate crypto-assets and their providers. Introduced on July 20, 2022, this legislation could impact the cryptocurrency markets considerably. With the endorsement from the House of Lords, the bill is now one…

[ad_1] Ethereum’s core developers are currently considering a proposal that would significantly raise the maximum effective validator balance cap from 32 ETH to 2,048 ETH, while retaining the minimum staking amount at 32 ETH. This proposal, if adopted, would have far-reaching implications on the Ethereum network’s operations, particularly in the context of network decentralization and…

[ad_1] Wall Street giant JP Morgan Chase & Co.’s analysts believe the release of the Hinman documents will push altcoins to try and become as decentralized as Ethereum (ETH) to avoid regulatory hurdles, according to a research report seen by CoinDesk. The Hinman documents were released by Ripple on June 12 as part of its…

[ad_1] Sui awarded $500,000 to blockchain security firm CertiK for discovering a critical ‘HamsterWheel’ vulnerability on its network, according to a June 19 blog post. In the blog post, CertiK’s Skyfall team detailed the technical aspects of the HamsterWheel attack, explaining how it would have negatively impacted Sui and how it was fixed. Mysten Labs, Sui…

[ad_1] Binance has announced the release of the opBNB testnet on the BNB Smart Chain (BSC). The layer 2 product is touted as the answer to the scalability aspect of the blockchain trilemma – the other two aspects being security and decentralization. Ethereum co-founder Vitalik Buterin coined the term blockchain trilemma to describe a situation…