Ethereum ‘re-staking’ protocol EigenLayer launches on testnet
The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to...
Month: April 2023
UK uses Love Island star to warn finfluencers on crypto and investment schemes
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of...
Study claims 99.5% of crypto investors did not pay taxes in 2022
Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list,...
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth...
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure...
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the...
Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly...
zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract
Matter Labs confirmed the funds are safe and that they've found an "elegant solution" to transfer the funds out. Matter...
Crypto audits and bug bounties are broken: Here’s how to fix them
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t...
zkSync Era denies 921 ETH ‘stuck forever’ in smart contract
One member of the cryptocurrency subreddit pointed out that “EVM equivalent” compilers like zkSync Era does not necessarily mean it...
Zhu Su’s exchange did $13.64 in volume akshually, Huobi in crisis: Asia Express
Huobi Global’s token crash and ongoing layoffs, 3AC founders deny reports of $1.26 in day 1 volume on new exchange...
DeSantis is right — CBDCs will lead to absolute government control
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they...
Smaller investors can have outsized impact on crypto investment markets: BIS study
Researchers looking at the “crypto carry” rate between spot and futures markets and its causes came to conclusions about crypto...
Ukraine Dismantles $40 Million Russian Crypto Pyramid
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam...
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific...
