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What’s the Deal with ezETH Depeg in Binance’s New REZ Launchpool? Why Did the Price Drop to $700, Which Should Be the Same as the ETH Price? Here is the Explanation
Renzo Protocol's liquid restaking (LRT) token ezETH experienced a sharp depeg overnight. This drop was a response to an unpopular and misleading tokenomics announcement that disappointed many in the decentralized finance (DeFi) industry. LRTs have ga
Read MorePoints farming comes for Bitcoin as Merlin becomes 9th-largest chain
No blockchain ecosystem is seemingly safe from speculative points farming, and the trend has now come to Bitcoin. Less than a month ago, Merlin was an also-ran in terms of assets held in Bitcoin sidechains and layer-2s. But after seeing roughly 2,000%
Read MoreCan EigenLayer Live Up to Expectations?
With nearly 5 million ETH restaked, can EigenLayer keep the party going post-airdrop?
Read MoreThis Ultra Light AI Model Fits on Your Phone and Can Beat ChatGPT
Microsoft's latest “small language model” is well-suited to specific needs, offering cost-effective performance in a compact package.
Read MoreSOL On The Cusp Of ‘Violent’ Bullish Breakout, Says Popular Trader As Solana Resolves Congestion Issues
Solana (SOL) is primed for a major price breakout. This is according to Bluntz, a prominent analyst known for accurately calling the crypto market bottom during the 2018 bear market. With SOL’s seven-day gains at 13.8%, there are plenty of reasons to b
Read MoreBlock Payments Co. Has Built Its Own Bitcoin Mining System
In a post on Tuesday, Jack Dorsey confirmed that the global tech firm Block finished the development of its own standalone 3 nanometer (nm) bitcoin mining chip to develop a complete bitcoin mining system. Announcement Of The Development Jack Dorsey
Read MoreSEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly looking to hit the disgraced founder of the Terra ecosystem with a multibillion-dollar fine. According to a new report by Bloomberg, the regulatory agency is seeking a $5.3 billion fine again
Read MoreCrypto expert says $1,000 and $10,000 is fair value for Solana and Ethereum, here’s why
Crypto experts have weighed in on what they think is a fair value for crypto tokens Ethereum (ETH) and Solana (SOL). This comes amidst the never-ending debate about which is superior between the ETH and SOL networks. While this debate carries on, crypto i
Read MoreHong Kong pushes for self-regulatory bodies in the crypto industry
The Hong Kong regulators asserted, “Many ways in the world are where economically developed regions set up statutory semi-official industry self-regulatory institutions with the intention of focusing on industry development.” As HKSFPA has rec
Read MoreDOJ Arrests Samourai Wallet Duo for Laundering $100M
Federal prosecutors have accused the founders of Samourai Wallet, Keonne Rodriguez and William Lonergan Hill of conspiracy to commit money laundering and operating of an unlicensed money transmitting business. According to the Department of Justice, thei
Read MoreShiba Inu Exchange Balances Reach New Low As SHIB Bounces Off Golden Ratio
The Shiba Inu ecosystem has been subjected to updates in the last few days as developers look to bolster the cryptocurrency’s prospects in the long term. Behind the scenes, on-chain data also reveals a bullish trend among SHIB investors, with the ex
Read MoreHere’s Why Cardano’s (ADA) Bullish Breakout Now Depends on Investors
Cardano (ADA) is attempting to break out of a bullish pattern, which suggests a 25% rally is likely upon breakout. While broader market cues are a barrier to this, investors’ confidence could drive the ADA price higher. Cardano Holders Suppor
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