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Home2024October

Month: October 2024

Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism
Ethereum

Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism

October 31, 2024 CryptoExpert

Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M OP tokens (worth ~$42.5M currently) The grant includes 5M OP for engineering and 20M OP […]

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Cryptocurrency

FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse

October 31, 2024 CryptoExpert

Singh, 29, who pleaded guilty to six criminal counts including wire fraud and conspiracy in February, is the fourth FTX executive to be sentenced for his role in the fraud. Bankman-Fried was sentenced to 25 […]

Zignaly Founders Extend $ZIG Token Lock-Up for Another Year
Weekly Overview

Zignaly Founders Extend $ZIG Token Lock-Up for Another Year

October 31, 2024 CryptoExpert

Zignaly, the premiere platform for connecting users with top digital asset managers, has announced that its founders have made the strategic decision to extend the lock-up on their $ZIG tokens until January 2026, a year […]

Ethereum Foundation Debunks Viral Buterin Transfer Narrative
Ethereum

Ethereum’s Next Chapter: Buterin’s Bold Vision for “The Splurge”

October 30, 2024 CryptoExpert

TLDR Vitalik Buterin announced “The Splurge” roadmap to optimize Ethereum Virtual Machine (EVM) Key features include EVM Object Format (EOF), account abstraction, and transaction fee improvements Ethereum price increased 5.5% to $2,612 following the announcement […]

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Cryptocurrency

Enterprises Need DePIN More Than DePIN Needs Enterprises

October 30, 2024 CryptoExpert

Helium network, which launched its mainnet in 2020, is a notable early example of a community-driven wireless network that rewarded its citizen-network-suppliers significantly while reducing costs and increasing accessibility for users (in certain geographies anyway). […]

BlackRock's Ethereum ETF Surpasses $850M in Inflows Within Two Weeks
Ethereum

Ethereum (ETH) to $6k: Whales Are Loading Up, Is This The Calm Before The Storm?

October 29, 2024 CryptoExpert

TLDR: Ethereum is trading around $2,470, with recent 6.2% decline Critical support level identified at $2,400 within ascending channel pattern Whale activity reached six-week high, suggesting increased large investor interest Price projections range from $4,000 […]

Omkar Godbole
Cryptocurrency

Arthur Hayes’ Maelstrom Parks 5% of its Funds With Ethena USD Amid Election Uncertainty, Holds Large BTC, ETH Bullish Bets

October 29, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

Carlos Domingo
Cryptocurrency

Reducing Risk and Enhancing Liquidity in Crypto Markets

October 28, 2024 CryptoExpert

The cryptocurrency and decentralized finance (DeFi) ecosystems currently lack access to stable, high-quality collateral besides stablecoin. Crypto and DeFi traders typically rely on volatile assets like bitcoin or ether as collateral for loans, staking, and […]

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Cryptocurrency

The Fed Is the Wrong Regulator for Stablecoins

October 27, 2024 CryptoExpert

First, and perhaps foremost, the Fed would be conflicted. As an alternative payment service, stablecoins compete with the Fed’s own payment infrastructure, including FedNow, the central bank’s instant payment service. The Fed’s consideration of a […]

Vitalik Buterin: Ethereum Founder Addresses Centralization Concerns in Proof-of-Stake System
Ethereum

Ethereum (ETH) Price Stabilizes at $2,500 as Institutions Favor Bitcoin ETFs

October 26, 2024 CryptoExpert

TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with ETHSOL ratio at all-time high Institutional investors showing stronger preference for Bitcoin over Ethereum ETFs […]

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Binance
  • Ethereum Rally Runs into Retail Selling on Binance as Whales Hold Ground
  • Flying Tulip Adds Withdrawal Circuit Breaker After DeFi Exploits
  • Robinhood Ventures Fund I Invests $75 Million in OpenAI to Expand Retail Investor Access
  • Ethereum Risks 10% Dip Versus Bitcoin Despite ETH Staking Milestone
  • DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery Efforts
  • Bitmine Adds 101,627 ETH in Biggest Weekly Accumulation in 4 Months
  • Canton, ZKsync Clash Over How Blockchains Enforce Rules
  • Ethereum Whale Opens $90M ETH Long Bet Amid 40% Price Rally Potential
  • Coinbase Expands Crypto-Backed USDC Loans to UK Users
  • TradFi Assets Reach 9% of Binance Futures Volume Amid Rising Market Volatility
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