Bloomberg ETF Analyst Faces Criticism Over ‘Ethereum Shutdown’ Remarks
TL;DR Eric Balchunas, Bloomberg’s top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud
blockchain (Latest Publications)
Linea Rolls Out Plan to Make Its zkEVM Permissionless with Decentralized Governance
TL;DR Decentralized Governance: Linea plans to transition its zkEVM to a permissionless model with decentralized governance, enhancing network security and performance. Proof-of-Stake Model: The proposal includes
Wormhole Partners with Infinex for Multichain DeFi Infrastructure, Raises $65M Through NFT Sale
TL;DR Infinex Partners with Wormhole: Infinex has teamed up with Wormhole to enhance its multichain DeFi infrastructure, enabling seamless transactions across multiple blockchains and simplifying user
Kaiko Research Explains the Keys to the Crypto Market in the Last Week and What’s Coming Next
TL;DR Bitwise has filed an application for an XRP ETF, but approval is uncertain due to the lack of a regulated market. Cryptocurrencies, including XRP, have
Ethereum Layer 2s See Major Drop in Adoption as Base Sets New Records
TL;DR Activity on Ethereum scaling solutions has dropped, while Coinbase’s Base network continues to rise. The combined throughput of Ethereum’s Layer 2 and Layer 3 networks
Bybit Introduces SUI in Launchpool’s First Native Token Pool and Replaces USDT
TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has
Crypto.com Teams with 21.co for Increased Bitcoin Liquidity in ETP Market
TL;DR Strategic Collaboration: 21.co and Crypto.com partner to enhance liquidity and custody solutions for 21BTC. Access to Liquidity: 21BTC will take advantage of Crypto.com’s deep liquidity
Wallet Drainer on TON Shuts Down, Directs Users to Bitcoin Draining Service
TL;DR A wallet drainer from The Open Network (TON) is shutting down operations due to a lack of large investors and is redirecting its focus to
Tether Celebrates 10 Years with a Documentary Featuring USDT Use Cases in Inflation-Hit Nations
TL;DR Tether releases a documentary for its 10th anniversary, highlighting USDT’s role in combating inflation. In Brazil, USDT represents 80% of cryptocurrency transactions and 90% of
Crypto Outflows Continue: Bitcoin Down $159M, Multi-Asset Products Thrive
TL;DR Cryptocurrency investment products recorded divestments totaling $147 million last week. Bitcoin led the outflows with $159 million, while short Bitcoin products saw inflows of $2.8
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