In Brief Ethereum’s Dencun upgrade is set to significantly improve blockchain efficiency and scalability, with a launch date of March 13. Transaction fees on Ethereum’s Layer 2 solutions are expected to decrease by at least 10 times, enhancing cost-effectiveness. Analyst Wolf predicts a potential 500% bull run for Ethereum, pushing its price towards $14,000, following…
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In Brief NY Attorney General accuses DCG and affiliates of a $3 billion crypto fraud. The lawsuit centers on the Gemini Earn program’s misleading high return promises. Over 230,000 investors affected, with legal actions complicating DCG’s woes. New York Attorney General Letitia James has accused Digital Currency Group (DCG) and its affiliates of conducting a…
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In Brief The Optimism Network plans a temporary suspension of Ethereum withdrawals on February 15, starting at 9:00 ET for essential maintenance. The pause is part of a broader strategy to enhance the network’s defense against security threats through a significant protocol upgrade. The upgrade introduces a Superchain-wide pause mechanism to reduce risks and offer…
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In Brief Dogecoin’s price rise coincides with an increase in network activity, with bullish momentum indicated by metrics. The number of DOGE addresses has reached 5.6 million, demonstrating growing interest in the Dogecoin ecosystem. Despite positive news on Telegram, Dogecoin’s group membership has decreased, revealing a divergence in sentiment. The Dogecoin (DOGE) network has seen…
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Finder industry survey shows bullish sentiment throughout the crypto industry for Bitcoin over next 12 months. Finder’s latest survey of 40 crypto founders, executives, and educators reveals a bullish outlook for Bitcoin, projecting its value to increase significantly through 2030. The consensus among the panel suggests a positive trajectory for Bitcoin, predicting its value to…
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In Brief Cyber Security Agency of Singapore warns of hackers exploiting WordPress plugin vulnerabilities. SQL Injection technique used to access sensitive data through price ticker and coins list plugins. Protect your crypto assets by staying informed and securing your website against potential threats. Singapore’s cyber security regulators caution that websites employing WordPress crypto widgets, especially price ticker…
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In Brief Celestia (TIA) hits a new all-time high of $20.6, following a breakout from an ascending triangle pattern. The asset has seen an 11.74% increase in value, with predictions suggesting a potential rise to over $23. Market optimism hints at the possibility of TIA reaching the $30 milestone, reflecting its growing appeal. In…
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Monero recovers in a bullish response to news of Binance’s delisting decision. After losing much of its market price following news of an upcoming delisting, Monero (XMR) partially recovered its value on Feb. 7. XMR maintained a market value above $160 for several days before Binance announced plans to delist the asset on Feb. 6.…
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The partnership aims broaden ADGM’s blockchain and Web3 ecosystem in Abu Dhabi by exploring joint initiatives and projects. The Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MOU) with the Solana Foundation to drive the adoption of Distributed Ledger Technology (DLT) solutions and propel blockchain innovation, according to a Feb. 7 press…
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In Brief Ethereum staking hits a significant milestone with 25% of the total ETH supply, approximately 30 million ETH, now staked. Total staked ETH is valued at around $73 billion, with 940,563 validators securing the Ethereum network. The Ethereum supply has decreased by 344,960 since the Merge resulting in a supply deflation of almost $840…
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