News

Latest news from the Web3 ecosystem

Ethereum Scaling Advances: The Protocol Unveils New Plans

Ethereum Scaling Advances: The Protocol Unveils New Plans

The Protocol is advancing its development with new Ethereum scaling proposals. This initiative aims to enhance transaction throughput and reduce costs on the leading smart contract platform.

2 min read
Morgan Stanley Taps Coinbase, BNY Mellon for Bitcoin ETF Custody

Morgan Stanley Taps Coinbase, BNY Mellon for Bitcoin ETF Custody

Morgan Stanley has selected Coinbase and BNY Mellon as custodians for its upcoming Bitcoin Exchange Traded Funds (ETFs). This strategic move comes as Bitcoin ETF inflows show renewed strength.

2 min read
Founders Fund Exits Large Ethereum Treasury Bet

Founders Fund Exits Large Ethereum Treasury Bet

Venture capital firm Founders Fund has divested its substantial Ethereum treasury holdings, signaling a shift in strategy and highlighting market pressures.

1 min read
Iran's Crypto Flows: Digital Bank Run or Strategic Move?

Iran's Crypto Flows: Digital Bank Run or Strategic Move?

Analysis of Nobitex crypto outflows during Iranian airstrikes reveals conflicting interpretations, suggesting a complex response beyond a simple exodus.

2 min read
Bitcoin Price Faces Potential 'Death Cross' as Bear Market Looms

Bitcoin Price Faces Potential 'Death Cross' as Bear Market Looms

Analysis suggests Bitcoin may be headed for a significant price drop, with a 'death cross' on the horizon signaling a potential continuation of its bear market trend.

2 min read
Kraken Financial Granted Federal Reserve Master Account Access

Kraken Financial Granted Federal Reserve Master Account Access

Kraken Financial, a subsidiary of the cryptocurrency exchange Kraken, has secured a master account with the Federal Reserve. This development signifies a significant step forward in the integration of digital asset firms within the traditional financial system.

1 min read
RedStone Oracle Price Feeds Go Live on Stellar

RedStone Oracle Price Feeds Go Live on Stellar

RedStone has launched its price feed oracle services on the Stellar network, bolstering DeFi infrastructure amid ongoing network expansion and asset tokenization efforts.

2 min read
Crypto Stocks Rally as Bitcoin Surpasses $72,000

Crypto Stocks Rally as Bitcoin Surpasses $72,000

Major cryptocurrency stocks experienced a significant uptick during Wednesday's trading session, fueled by a notable surge in Bitcoin's price above the $72,000 mark.

1 min read
Bitcoin's Path to $80,000 Potentially Unobstructed Above $72K

Bitcoin's Path to $80,000 Potentially Unobstructed Above $72K

On-chain data indicates a significant lack of selling pressure between $72,000 and $80,000, suggesting a potential for rapid price appreciation.

1 min read
Bitcoin Becomes Real-Time Macro Risk Gauge During Weekend Events

Bitcoin Becomes Real-Time Macro Risk Gauge During Weekend Events

Bitcoin's price movements during periods when traditional markets are closed highlight its growing role as an indicator of geopolitical and macro-economic sentiment.

2 min read
Solana and Aave Lead CoinDesk 20 Index Higher

Solana and Aave Lead CoinDesk 20 Index Higher

Solana (SOL) and Aave (AAVE) have shown strong recent performance, contributing to an upward trend in the CoinDesk 20 index. Both assets saw significant gains.

1 min read
Sui Network's Native Stablecoin Launches, Offering Treasury Yields

Sui Network's Native Stablecoin Launches, Offering Treasury Yields

Sui Dollar, a new native stablecoin, has officially launched on the Sui Network. The stablecoin is designed to return its Treasury yield back to the network, aiming to enhance its ecosystem.

1 min read