Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report . This achievement propelled digital asset products to a new annual net flow record of $13.2 billion, exceeding the entire inflow for the 2021 bull run, which stood at $10.6… Continue reading Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Solana establishes new all-time high against Ethereum with robust DEX trading activity

Solana’s SOL has surged to a new all-time high of 0.05797 against Ethereum , according to Tradingview data . This price performance follows its recent surge above the $200 mark for the first time since November 2021, coinciding with the blockchain record-breaking network activity. The price uptick has propelled Solana’s market capitalization to an unprecedented… Continue reading Solana establishes new all-time high against Ethereum with robust DEX trading activity

US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances

The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals. In the March 11 letter to SEC Chair Gary Gensler, Senators Jack Reed and Laphonza Butler advised the financial regulator to… Continue reading US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances

Zero Knowledge protocol Polyhedra Network valued at $1 billion despite recent token theft

Polyhedra Network, the zero-knowledge protocol zkBridge developer, became the latest crypto company to reach unicorn status after it raised $20 million in a funding round that valued it at $1 billion, according to a Mar. 14 statement shared with CryptoSlate. This development occurred less than a day after the project experienced a breach that allowed… Continue reading Zero Knowledge protocol Polyhedra Network valued at $1 billion despite recent token theft

Blobs successfully slash layer-2 fees as Ethereum Dencun upgrade aims to increase adoption

Transaction fees across various Ethereum layer-2 networks, such as Base , StarkNet , and Optimism , have seen significant reductions following the implementation of the Dencun upgrade. Yesterday, the Dencun upgrade went live after months of anticipation within the crypto community. The upgrade, described as the most “complex fork” since Ethereum transitioned into a proof-of-stake… Continue reading Blobs successfully slash layer-2 fees as Ethereum Dencun upgrade aims to increase adoption

Over $2 million in Ethereum stolen in sophisticated phishing scheme

A recent phishing attack has left a crypto investor reeling from a loss of 501 ETH , valued at approximately $2 million, staked through liquid restaking protocol Ether.Fi. On-chain data reveals that the theft occurred earlier today and involved two transactions. In one transaction, 426 ETH were siphoned, followed by another 75 ETH in a… Continue reading Over $2 million in Ethereum stolen in sophisticated phishing scheme

Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value

The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols , including Arbitrum, Polygon, and Optimism. According to CryptoSlate’s data, the sector has surged by approximately 5% in the last 24 hours, reaching a total market capitalization… Continue reading Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value

Over $1 billion wiped off HEX’s valuation following Richard Heart’s disparaging remarks

Ethereum -based Hex’s (eHEX ) market capitalization plummeted by more than $1 billion after Richard Heart , the controversial figure behind the project, described it as an illegitimate version. Heart’s controversial statement In an extensive Mar. 10 post on social media platform X (formerly Twitter), Heart renounced eHEX, affirming that only the HEX on Pulsechain… Continue reading Over $1 billion wiped off HEX’s valuation following Richard Heart’s disparaging remarks

Bitcoin and Ethereum investment options to debut on London Stock Exchange

The London Stock Exchange intends to potentially list Bitcoin and Ethereum exchange-traded notes (ETNs) by the second quarter of this year, as revealed in a Mar. 11 market notice . This followed the UK’s Financial Conduct Authority (FCA) approval for Recognised Investment Exchanges (RIEs) to establish a listed market segment dedicated to crypto asset-backed ETNs,… Continue reading Bitcoin and Ethereum investment options to debut on London Stock Exchange

BitMEX co-founder believes this stablecoin could flip Tether one day

Ethena, the protocol powering the USDe synthetic dollar, raked in $6.53 million in fees over the last 24 hours, cementing its position as the top fee-generating decentralized application (dApp) in the crypto space, according to data from DeFillama. Seraphim Czecker, Ethena Labs’ Head of Growth, shared insights from Token Terminal, affirming the project’s remarkable milestone.… Continue reading BitMEX co-founder believes this stablecoin could flip Tether one day