Charles Hoskinson has accused Ethereum of adopting ideas pioneered by Cardano without acknowledgment. The Cardano co-founder made the claim following a proposal by Ethereum researcher Toni Wahrstätter to bring native UTXOs to the network as a way of cutting long-term state storage for payment transactions. Ethereum Is Revisiting Cardano’s Work According to Hoskinson, Wahrstätter’s research […]
An anonymous wallet spent $4.4 million buying BONK tokens over two days, then used that stash to push through a governance vote that allowed it to drain $21.2 million from the BonkDAO treasury. The incident, which saw the attacker walk away with a $16.8 million profit, has split the crypto community between those calling it […]
Crypto traders have “flipped their expectations several times” in just one month, reported analytics provider Santiment on Wednesday. The crowd was heavily bearish for most of June, calling for lower prices as Bitcoin slipped to $58,000. However, they’ve flipped bullish now as BTC rebounded towards $64,000, said Santiment before adding: “These fast mood swings show how […]
On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance, there is speculation that the market may be nearing a cyclical bottom, but this remains unconfirmed. In the meantime, analysts at the crypto exchange Bitfinex […]
Ripple’s Chief Legal Officer Stuart Alderoty has criticized Politico over its interpretation of a recent opinion poll, where the publication framed support for crypto legislation as “only 27%,” arguing that the figure actually represents 67 million American adults who already own digital assets. According to him, that same percentage cited as a sign of weak […]
Bitcoin is showing “early signs of stabilization” as the price momentum exits an extreme negative regime, reported analytics firm Swissblock on Tuesday. It added that on-balance volume (OBV) is also starting to support the regime shift and “recovery begins with momentum, but a new trend requires buyers to follow.” OBV is a momentum indicator that uses […]
Prominent blockchain investigator ZachXBT said that several meme coins using his name and likeness were launched across multiple blockchains over the past week to capitalize on the recent attention surrounding him. He clarified that he had no involvement with any tokens and reiterated his longstanding position that he would never endorse or launch a meme […]
Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA World Cup before the match had even kicked off at the MetLife Stadium. The flash news also showed […]
Crypto analyst Credible Crypto believes many of the beaten-down altcoins could offer better risk-reward than Bitcoin (BTC) at current prices. According to him, projects trading 80% to 90% below their all-time highs may deliver outsized returns if the market turns. Market Is Building a Base as Attention Moves to Altcoins Speaking in the July 5 […]
The FIFA World Cup’s round of 16 matches are set to kick off on July 4, and football, or soccer as it’s known in the United States, has become the biggest driver of activity on prediction platforms, diverting attention from the political and macroeconomic markets they were originally built around. This is according to data […]