ETH trader turns $87K into almost $40M after 8-year hold
The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets.
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Almost 1M Ether would have been burnt in past year if fee proposal approved
The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt 970,000 Ether (ETH) — with a total value of $360 million — in the last year, if it had been implemented. EIP-1559 seeks to reduce transaction fees by introducing flat fees alongside a burn mechanism,The findings, based on Dune Analytics data and published by the…

Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.

Nomura-backed Komainu raises $75M in Bitcoin to fuel global expansion
Komainu Holdings has secured $75 million in Bitcoin funding from Blockstream to expand globally, integrate advanced crypto tech and establish a BTC treasury for risk management.

Bitcoin Community Celebrates as Twitter CEO Joins Lightning Network Relay
Twitter co-founder and CEO Jack Dorsey has joined a community project demonstrating the functionality of Bitcoin’s (BTC) second-layer scaling protocol, the Lightning Network (LN), on Feb. 5.Dorsey, who has repeatedly pledged his faith in Bitcoin becoming the de facto currency of the internet, is now participating in an experiment dubbed LN Trust Chain, a chain…

Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.

VanEck submits Onchain Economy ETF application to the SEC
According to the filing, the fund will invest 80% or more of its assets in digital transformation companies and digital asset instruments.

Hodlnaut now placed under creditor protection after freezing withdrawals
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions. 239 Total views 5 Total shares Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Aug. 29.The court orders came three…

STO: What’s Happened With the So-Called ‘Next Big Thing in Fintech?’
The ICO boom of 2017 failed thousands of investors worldwide, but it has also demonstrated how technology can improve the way companies raise capital. The obvious problem with the crypto market was the lack of regulation that has resulted in leaving investors unprotected.Seeking for an instrument that will combine both, the concept of a security…