La crypto azienda Polygon vede un’altra uscita di scena: il co-fondatore Jaynti Kanani si dimette

Polygon, la soluzione per lo scaling di Ethereum, si trova ad affrontare la terza uscita importante di un dirigente quest’anno, con il co-fondatore Jaynti Kanani che si è dimesso dal suo ruolo nel mondo crypto e si è imbarcato in nuove imprese nel regno dell’IA generativa e dei media.  Quest’ultima uscita solleva interrogativi sulla stabilità …

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This Trader Thinks Bitcoin Is Undervalued Below $30,000: Time To Buy More BTC?

On X, one trader going by the handle “CryptoJelleNL” is convinced that accumulating Bitcoin below $30,000 can be rewarding. The trader expects prices to not only expand towards all-time highs printed in 2021 at around $69,000 but break above $100,000 in the coming sessions.  Although the analyst didn’t give timelines, the “game plan remains the same,” acknowledging …

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Binance Faces Scrutiny Over Alleged ICO Missteps And Token Distribution Discrepancies

Binance, the world’s largest cryptocurrency exchange, is currently grappling with challenges that have raised concerns about its credibility and market performance.  Recent reports by Forbes shed light on Binance’s initial coin offering (ICO) and the subsequent distribution of its native cryptocurrency, Binance Coin (BNB).  Behind The Curtain The investigation reveals allegations of undisclosed token retention, …

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Justin Sun Unstakes 20,000 Ethereum (ETH) From Lido Finance, What’s Going On?

A crypto wallet associated with Justin Sun, the co-founder of Tron, a smart contract platform, has moved 20,000 Ethereum (ETH) worth roughly $32.4 million from Lido Finance, a liquidity staking platform. Funds were transferred to Binance, the world’s largest crypto exchange, trading volume and client count. The transaction, executed in a single batch, was captured by …

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Massive Redistribution: Sui Foundation Retrieves 117 Million SUI Tokens From Market Makers

The Sui (SUI) Foundation has announced its latest initiative to strengthen its decentralized finance (DeFi) ecosystem, reclaiming 117 million SUI tokens worth $51.3 million from external market makers.  The tokens will be redirected into various channels to support the growth of the Sui Network. This Layer 1 blockchain has gained recognition for its scalability since its mainnet …

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Swan Seeks to Boost Custody Offerings With Blockstream Partnership

Today, Blockstream, a global leader in Bitcoin infrastructure, announced a partnership with Swan Bitcoin, a prominent Bitcoin-only financial services company, to launch Swan Vault, enabling customers to safeguard their Bitcoin via collaborative custody, according to a press release sent to Bitcoin Magazine. Swan Vault is powered by Blockstream Jade, an open-source Bitcoin hardware wallet. “Integrating …

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Grayscale Wins Court Case vs. SEC: Bitcoin ETF on the Horizon?

Grayscale Investments LLC, one of the world’s largest crypto asset managers, has secured an unexpected court win against the US Securities and Exchange Commission (SEC). A three-judge panel in DC’s Court of Appeals in Washington ruled that the SEC’s denial of Grayscale’s proposal was “arbitrary and capricious” in that the SEC failed to explain the …

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