Cryptocurrency Analysis and News Portal
A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings. According to data from blockchain analytics platform Arkham Intelligence, since
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There is a high possibility that several spot bitcoin (BTC) exchange-traded-funds (ETFs) could be approved in quick succession by The U.S. Securities and Exchange Commission (SEC), triggering the next move higher for the world’s largest digital currency, crypto services provider Matrixport said in a report Thursday. Source
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Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be underway. Over $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver.Multichain likely
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A researcher at the Ethereum Foundation (EF) revealed that the IP addresses of Ether (ETH) stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed
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Much of the asset manager’s Sushi trove was deposited at Binance in the last 24 hours. Original Source
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The company plans to use corporate resources to fill the gap, including external capital. Source
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The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents have expressed
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The network first announced FVM’s launch last September at the FIL Singapore conference, promising the software platform would support an array of user programmable applications such as perpetual storage, storage replication and repair automation and liquid staking through block rewards. The platform also has the capability to support the creation
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Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping. Original Source
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Of the 2,000 voters surveyed by Grayscale (which, like CryptoX, is owned by Digital Currency Group), 37% said they would factor candidates’ policy positions on crypto before casting a vote. However, another poll released last week by the Crypto Council for Innovation revealed that crypto is unlikely to be a
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