Day: April 16, 2024

Coinbase Challenges Treasury Over Tornado Cash Sanctions

Coinbase’s Chief Legal Officer, Paul Grewal, has recently voiced strong criticism against the U.S. Treasury’s actions towards the Ethereum mixer protocol, Tornado Cash. Grewal argues that the Treasury is “bending old laws past their breaking point” in its efforts to apply sanctions to this cryptocurrency service, which is designed to enhance user privacy by obscuring […]

Schiff Claims Bitcoin in Stealth Bear Market vs Gold

Just days before the anticipated Bitcoin halving, renowned Bitcoin critic Peter Schiff has reiterated his sceptical stance on the cryptocurrency, particularly in contrast to gold. Schiff, the founder of Euro Pacific Capital, declared that Bitcoin is experiencing a “stealth bear market,” evident when measured against gold—a commodity he deems “real money.” Schiff shared on his […]

Saga’s Epic “Power-Level Over 9000” Airdrop

Saga, a gaming-focused layer-1 blockchain, has recently unleashed a colossal airdrop campaign dubbed “Power-Level Over 9000!”—a nod to the iconic “Dragon Ball Z” series. This campaign is not only a significant event due to its size but also a creative homage to popular culture that resonates deeply within the gaming community. In a strategic collaboration […]

Bitcoin Dips Below $63K as Halving Approaches

Bitcoin’s price has experienced a notable pullback, dropping to just below $63,000. As the halving event looms just three days away, Bitcoin (BTC) has seen its value decrease to a low of $61,867, effectively wiping out the gains made over the past month. Currently, the cryptocurrency is trading around $62,500, marking a 5.6% decrease for […]

Hans Zimmer Composes Anthem for Tron

Acclaimed composer Hans Zimmer, known for his memorable film scores in blockbusters like “Inception” and “The Dark Knight,” has recently turned his creative focus to an unconventional subject: Justin Sun, the controversial founder of the Tron blockchain. On Tuesday, Zimmer released “The Tron Anthem,” a piece described by Tron representatives as inspired by Sun and […]

OKX Launches X Layer for Enhanced Crypto Transactions

Crypto exchange OKX has officially launched its Ethereum-based layer-2 scaling network, X Layer, marking its transition to public mainnet. This strategic move positions OKX alongside other major blockchain networks striving to provide crypto users with faster and more economical transaction options than those currently available on Ethereum’s mainnet. Developed with the Polygon CDK, X Layer […]

Bitcoin Aims to Match Ethereum with Runes Launch

In a significant development for the cryptocurrency market, investment giant Franklin Templeton Digital Assets has released a report suggesting that Bitcoin could soon “close the gap” with leaders like Ethereum and Solana in the fungible digital asset arena. The introduction of a new token standard, Runes, is poised to catalyze this shift, enhancing Bitcoin’s capabilities […]

Solana Begins Network Congestion Fixes

Solana has started to roll out updates aimed at improving system performance. The first of these updates, version v1.17.31, was introduced early Monday by Anza, a developer team that originated from Solana Labs. This initial release does not purport to completely solve the congestion but marks a significant first step towards a more stable network. […]