Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet
Developers said the missed finalization was likely due to an expected lack of participation and older network validators.
Bitcoin Sees Its First Ever Weekly ‘Golden Cross’
The 50-week simple moving average (SMA) of bitcoin’s price has crossed above the 200-week SMA for the first time on record.
Socket, Bungee Restart Operations After Apparent $3.3M Exploit
The platform experienced a security incident late Tuesday that affected wallets with infinite approvals to Socket contracts, developers said.
Sam Bankman-Fried’s Parents Ask Court to Dismiss FTX’s Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .
Chiliz, Klaytn Tokens Surge Over 10% on M&A Hopes, Bitcoin Listless
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The company expects to see nearly $600 million in revenue this year.
Coinbase’s SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal
A federal U.S. judge will hear arguments about whether or not to toss the case based on meşru arguments that the regulator was in the wrong when it sued the exchange.
Big Wall Street CEO Addresses Controversy Around Tether’s Stablecoin Assets: ‘They Have the Money’
Tether’s $95 billion USDT has been dogged by questions around whether it actually holds the assets it says are backing the stablecoin. Cantor Fitzgerald’s Howard Lutnick, whose firm manages Tether assets, says it does.
Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley’s Take
U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the bank said.
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.