Crypto exchanges, security and Solana's rise in 2025: Backpack CEO

Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50.Average Ethereum transaction fee in USD chart. Source: BlockchairDuring a similarly congested period from June - July 2020, Ethereum co-founder Vitalik Buterin called…

Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime. 277 Total views 1 Total shares Russian lawmakers are working on new legislation that would allow the government to confiscate cryptocurrencies, according to a senior official.Russian Prosecutor…

Going by the company’s communique, PayPal USD is designed for people who wish to avoid the volatility of other cryptocurrencies. PayPal is rolling out its own stablecoin, called PayPal USD (PYUSD). Per the announcement, the primary purpose of the PayPal stablecoin will be to make virtual payments frictionless, especially within blockchain ecosystems. The stablecoin, which…

A new report from data researchers at the Blockchain Transparency Institute (BTI) claims that the majority of the top 25 Bitcoin (BTC) trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes. The researchers’ findings for December were published in BTI’s “Exchange Volumes Report” on Dec. 13.BTI presents its report as “a…

Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees "relief" from US CPI printData from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses.The pair had stayed in a tight…

Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12.The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of development. ING reportedly said that it “sees increasing opportunities with regard to digital assets…