Blockchain
Sharp rise in Bitcoin whale deposits amid ETF outflows
Glassnode defines Bitcoin whales as the number of unique entities holding at least 1k coins Year to date, these whales have primarily been making withdrawals, influenced by Bitcoin US ETFs Notably,
Blockchain
Memecoin made by ChatGPT for $69 now worth $618 million as casino culture rages
Turbo (TURBO), an AI-generated memecoin, has experienced a significant surge in value, rising 1,46031% over the past 30 days to reach a market capitalization of over $500 million This remarkable
Blockchain
Mt. Gox cold wallet completes transfer of 141K BTC to new wallet
Mt Gox, the digital assets exchange that infamously went bankrupt in 2014 following a significant hacking incident, is once again making headlines On May 28, CryptoQuant suggested that all funds had
Blockchain
JP Morgan believes Solana and other crypto ETFs unlikely to secure regulatory approval
JP Morgan managing director and global market strategist Nikolaos Panigirtzoglou said ETFs for Solana (SOL) and other assets are unlikely to succeed In a statement to The Block on May 27,
Blockchain
ETF approvals will boost Ethereum’s long-term growth despite short-term headwinds – Kaiko Research
Kaiko Research said on May 27 that spot Ethereum ETF approvals are a positive sign for the digital asset’s long-term growth despite potential short-term headwinds According to Kaiko’s
Blockchain
Solana validators approve 100% allocation of priority fees, ending 50/50 burn split
Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators The proposal, known as SIMD-0096,
Blockchain
Polkadot-backed Conor Daly secures top-10 at Indianapolis 500
Polkadot-backed IndyCar racer Conor Daly achieved a top 10 finish at the prestigious Indianapolis 500 Reports indicated that Daly led for 22 laps in the race but couldn’t maintain his lead due
Blockchain
EU draft standards deem MEV as ‘clear example of market abuse’ under upcoming MiCA rules
The European Securities and Markets Authority (ESMA) has been scrutinizing Maximum Extractable Value (MEV) as a clear example of illegal market abuse under its proposed technical standards for the
Blockchain
Are all smart contracts created equal? How top Turing-complete blockchains compare
The crypto industry has several unique approaches to smart contract execution and decentralized applications (DApps) These innovations are driven by the need for scalability, security, and
Blockchain
Retail activity dominates Bitcoin, overshadowing institutional moves
When analyzing the Bitcoin market, it’s equally important to understand the behavior of different market participants as it is to understand the technical foundations of Bitcoin’s price
Blockchain
Polkadot celebrates 4 year anniversary with unanimous JAM upgrade approval
The Polkadot community celebrated the blockchain’s fourth anniversary by ratifying the highly anticipated Join-Accumulate Machine (JAM) upgrade The proposal received unanimous support, with
Blockchain
Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round
Artificial intelligence firm xAI has secured $6 billion in a Series B funding round, according to a May 27 statement Elon Musk, the company’s founder, revealed that its pre-money valuation was