EigenLayer TVL hits $12.9B, climbs 11% in one week: ITB
EigenLayer leads the restaking sector with a $12.9B TVL, driven by AVS rewards and growing interest in Ethereum-based restaking.
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Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K
The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed more global concerns related to the global financial system, rising inflation and supply chain challenges. Despite these struggles, many altcoins managed to rally and at the time of writing, the crypto gaming and…

IMF leader on digital payments for skilled trades workers
The IMF's managing director lays out four pillars for the future of digital money as it relates to artisans. 1866 Total views 12 Total shares The continuing transition to digital finance is likely to affect sectors across the board. Artisans, or skilled craftsmen and women, are no exception. According to Kristalina Georgieva, managing director for…

Telos Foundation Removes Board Member After Security and Centralization Disputes
The Telos Foundation — the organization behind smart contract platform Telos (TLOS) — has taken action against two of its board members following a network security controversy.Telos is a platform that supports the creation of decentralized applications (DApps) and decentralized autonomous organizations (DAOs) running on EOS.io, the software underlying the EOS blockchain.In a blog post…

Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies
Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. 4.The new tool called EY Crypto-Asset Accounting and Tax (CAAT) is designed to improve accounting and tax calculations for digital currency transactions by both institutional…

Bitcoin price pares weekend gains as another CME ‘gap’ lurks below $20K
Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sees flash dip below $23,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day.These, while Bitcoin’s…

Stablecoin Adoption Skyrockets in Rural South Korean Province
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption. 1625 Total views 9 Total shares South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019.According to a…

Ethereum Merge: How will the PoS transition impact the ETH ecosystem?
The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum 2.0, or Eth2. Ethereum devs gave Sept. 19 as the perpetual date for the merger of the current PoW chain to the PoS chain. The Merge is expected…

Chiliz CEO Alex Dreyfus Explains the Relationship Between Sports and Crypto
It seemed nobody cared about AR until Pokémon Go launched in 2016. All of the sudden, every headline was about how augmented reality could change the world. Sophisticated technologies like AR, virtual reality, and artificial intelligence need their own "Pokémon Go moment" to appeal to a mainstream audience.The tokenization of the assets is one such…