Theoretical throughput across 22 chains is overestimated by an average of a whopping 75.46% compared to realized performance, according to new research from Steven Pu, Co-Founder of the Layer-1 blockchain Taraxa, using data from Chainspect. Blockchain throughput refers to the…
South Korean police say they are hunting for a suspect accused of stealing 240 million won ($167,000) in cash during a USDT OTC (over-the-counter) trade. Per the South Korean news agency Yonhap, the incident allegedly took place on February 21…
Investment giant Goldman Sachs has dramatically increased its exposure to cryptocurrency exchange-traded funds (ETFs), boosting its Ether ETF holdings by 2,000% in Q4 2024. The firm has also raised its Bitcoin ETF stake to over $1.5 billion, according to a…
Fed Chair Jerome Powell said Tuesday that the US central bank will not develop a central bank digital currency (CBDC) during his tenure. His announcement ended years of speculation that the Fed might follow China’s lead by launching an official…
While sentiment in the Ethereum (ETH) market remains in the dumps as the world’s second largest crypto by market cap slides back under $2,600, the bears could be in for a surprise in the months ahead. Short-term chart analysis suggests…
Uniswap Labs officially launched the Unichain mainnet on Tuesday, introducing a Layer 2 network designed to enhance transaction efficiency and scalability in decentralized finance (DeFi). The network has been in testing since October and now moves to full deployment. Unichain…
Brazil’s B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin (BTC) options and futures contracts for Ethereum (ETH) and Solana (SOL). The new products are expected to launch later this year, B3 CEO Gilson Finkelsztain told…
Prosecution officials have indicted six people, including a practicing South Korean lawyer, as part of an investigation into a suspected $7.9 million crypto scam. Per the media outlet KBC News, the Seoul Northern District Prosecutors’ Office has charged six people…
The Japanese securities giant SBI has posted record crypto-related profits as it aims to win the race to become the first crypto exchange operator in the country to list USD Coin (USDC). Per an official SBI Group announcement and a…
As economic uncertainties mount, investors are increasingly turning to gold-backed cryptocurrencies as a hedge against volatility. With gold prices nearing $3,000 per ounce, leading financial institutions, including Citi and UBS, have raised their price forecasts, further fueling demand for digital…