Day: July 8, 2024

Ethereum Staking Soars as ETF Anticipation Grows

As the crypto market eagerly awaits the potential U.S. launch of spot Ethereum ETFs, a significant portion of Ethereum—32.6 million ETH, over 27% of the total supply—has been staked to secure its proof-of-stake network, according to Coinbase. This development underscores the robust interest in Ethereum staking, despite the ecosystem wrestling with the implications of the […]

Justin Sun Unveils Gas-Free Stablecoin Transfers on Tron

Justin Sun, the innovative mind behind the Tron blockchain, has announced a groundbreaking development that could revolutionize how stablecoins operate on blockchain networks. In a recent flurry of posts on the social media platform X, Sun revealed that his team is crafting a new technology to enable gas-free transfers of stablecoins. According to Sun, this […]

Firedancer’s $1 Million Bug Bounty: Solana’s Security Sprint

In a bid to enhance the security and performance of the Solana blockchain, developers have a new lucrative opportunity. The bug bounty program for Firedancer, Solana’s newly developed validator client, offers rewards up to $1 million. This initiative is led by Jump Crypto, which developed Firedancer with the objective of boosting Solana’s throughput, resilience, and […]

Metaplanet’s Bold Bitcoin Play Amid Market Turmoil

Metaplanet Inc., a Tokyo-based publicly traded company, has made a significant move in the cryptocurrency market by purchasing an additional 42 Bitcoin, valued at 400 million yen (approximately $2.4 million). This acquisition brings the company’s total Bitcoin holdings to 203 BTC, as per their latest public disclosure. This bold investment is part of Metaplanet’s broader […]

Germany’s Bitcoin Sell-off Stirs Market: $28 Million Moved

The German government’s recent movements of substantial Bitcoin sums to cryptocurrency exchanges have caused ripples through the crypto markets. On Monday, it transferred BTC worth over $28 million to both Coinbase and Bitstamp, signaling a significant unloading of assets. Crypto analytics firm Arkham has traced these transactions, noting that the transfers included 250 BTC each […]