LayerZero price rallied as much as 45% on Wednesday following the company’s announcement that it will launch its own layer 1 blockchain, named Zero, later this year. According to data from crypto.news, LayerZero (ZRO) shot up 45% to an intraday…
XRP price has been in a strong downtrend since early January, dropping over 40% in that period. It now risks a drop to below $1 as several key metrics show significant weakness in network activity. According to data from crypto.news,…
Robinhood has launched a public testenet version of its proprietary layer-2 network developed using Arbitrum’s technology stack. According to media reports, a public testnet version for the Ethereum-layer 2, which it calls Robinhood Chain, is now accessible to a closed…
Ex SafeMoon CEO Braden Karony has received a 100-month sentence for stealing millions in customer funds and using them for personal gains. A United States District Judge passed the sentencing in a Brooklyn federal court on Monday. Karony was convicted…
Ethereum price fell 13% over the past week, charting a bearish crossover that hints at more downside ahead. At the same time, exchange reserves have fallen to 10-year lows. According to data from crypto.news, Ethereum (ETH) price fell nearly 46%…
Crypto security nonprofit Security Alliance has received a sponsorship from the Ethereum Foundation as it ramps up efforts to curb crypto drainers and other attack vectors targeting Ethereum users. According to SEAL, the Ethereum Foundation has sponsored a security engineer…
The crypto market cap fell 2% on Tuesday as fears of an impending U.S. government shutdown continued to rattle investors. Bitcoin (BTC), the world’s largest crypto asset, saw-sawed between the $68,400 to $71,000 range before settling at $69,400 at press…
A coalition of fintech trade groups is lobbying for the Federal Reserve to move forward with the Payment Account prototype that would open up direct payments access for eligible non-bank financial firms. Led by the American Fintech Council, a group…
Tom Lee’s Bitmine has moved closer to its goal of acquiring 5% of the total supply with its latest 20K ETH purchase. But a bearish flag pattern confirmed on the weekly ETH/USDT chart suggests a potential price correction for Ethereum…
United States Treasury Secretary Scott Bessent wants the Senate Banking Committee to move ahead with the confirmation hearings for Federal Reserve chair nominee Kevin Warsh, even as a Department of Justice investigation into current Fed chair Jerome Powell remains unresolved.…
Bitcoin price rebounded to an intraday high of $71,850 on Monday after it reclaimed the $70,000 psychological support amid a spike in short liquidations and a fresh macro catalyst. According to data from crypto.news, Bitcoin (BTC) surged back above the…
South Korea’s Financial Supervisory Service plans to conduct an investigation into high-risk areas of the virtual asset market, such as whale-driven manipulation and API-based spoofing, according to local media. The FSS is ramping up enforcement efforts as part of its…
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