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” Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand “ Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a…
” Tokenized government bonds free up liquidity in traditional financial systems “ A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with…
” Crypto Twitter calls for calm after wETH insolvency joke goes viral “ An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real. The wETH insolvency FUD (fear, uncertainty and doubt) seemingly began…
” What is an Ethereum Virtual Machine (EVM) and how does it work? “ Ether (ETH), which is the second largest cryptocurrency in terms of market capitalization, is popular among cryptocurrency investors because of its native ETH token. However, its native Solidity programming language and Ethereum Virtual Machine (EVM) are instrumental in the adulation it…
” How bad is the current state of crypto? On-chain analyst explains “ Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin. As pointed out by on-chain analyst Will Clemente, it’s enough to look at…
” StarkNet makes Cairo 1.0 open source in first step toward community control “ Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare — the company behind StarkNet…
” Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25 “ No matter if one analyzes Ether’s (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200. Ether/USD…
” Aussies warned to avoid crypto paper wallets they find on the street “ Australians have been warned to stay away from suspicious-looking fake Bitcoin paper wallets, which work by luring victims into accessing a lucrative crypto wallet but will ultimately drain them of their own crypto holdings. According to a Nov. 22 post on…
” Crypto awakening: Researcher explains ETH exodus from exchanges “ Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse. Nansen research analyst Sandra Leow posted a thread on Twitter unpacking the current state of Decentralized Finance (DeFi), with a…
” Ethereum bears have the upper hand according to derivatives data, but for how long? “ Ether (ETH) price experienced an 11.9% decline from Nov. 20 to Nov. 22, bottoming at $1,074 — the lowest level seen since July. Currently, investors have reason to be concerned after crypto lending company Genesis reportedly faced difficulties raising…