EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?
Mass withdrawals started on April 29 after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop.
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The promise of smart contract adoption is held back by crypto silos
The internet is buzzing over recent developments in decentralized finance, or DeFi — smart contracts are hotter than ever. You might think you missed the coronation ceremony, but smart contracts are actually used in only a small corner of the crypto world, albeit a corner worth billions of dollars. It’s a promising concept that has…

China’s Communist Party eyes blockchain for ‘decentralizing’ social services
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms. The Chinese Communist Party has identified blockchain as a key tool for its innovation of nationwide social services.On Aug. 25, the General Office of the Central Committee of the Communist Party of China and the General…

Breaking: Shanghai upgrade executed on testnet but not without issues
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain 58 total.views article.actions.listen_to post.article.mint.nft.title post.article.mint.nft.buttonThe Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereum validators will be able to withdraw their Ether (ETH) from the Beacon Chain.There were however…

Ethereum investment products see largest weekly outflows on record — CoinShares
Despite recording high weekly outflows, Ether funds have generated $994 million in inflows this year. The total assets held in ETH funds are nearly $11.1 billion. 1638 Total views 3 Total shares Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined…

Official explains why China CBDC should not be as anonymous as cash
While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. 165 Total views 26 Total shares China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of…

Ripple's $25M donation powers Fairshake PAC's crypto advocacy in 2024
Ripple is at the top of a long list of crypto industry notables supporting the super PAC.

Bitcoin Giveaway Scam Hits Popular Indian Youtuber
A popular Indian YouTuber’s gaming channel got hacked and scammers attempted to use the old Bitcoin giveaway trick to lure people. 1734 Total views 14 Total shares Ajey Nagar, a Popular Indian YouTuber with 6.7 million subscribers, is the latest victim of the ongoing BitCoin giveaway scam on Youtube.The hack happened on Nagar’s second Youtube…

‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically "gained share during turbulent times," says ARK Invest CEO. 162 Total views 3 Total shares Own this piece of history Collect this article as an NFTARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing…