One of the largest airline companies in Spain – Vueling – will join forces with BitPay to enable clients to pay for tickets in several cryptocurrencies starting from 2023. Crypto Takes off With Vueling According to a recent press release, the Barcelona-based airline will use Universal Air Travel Plan (UATP) technology (a global settlement network...Read More
The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to remain disciplined amidst the ongoing crypto havoc. He compared the months-long selloff to the Internet bubble burst in 2000 while noting that some crypto gems will survive the winter as Amazon did twenty-two years ago. “Stay Disciplined” As the bloodbath deepened, bitcoin slumped...Read More
Ethereum developers have agreed to delay the “difficulty bomb,” a big transition leading up to the “Merge.” After testing the Merge, ETH developer, Danny Ryan revealed finding two minor bugs affecting some stakers. Additionally, 9% of validators also have issues with configuration. New EIP-5133 Proposal Lead developer Tim Beiko revealed that a proposal EIP-5133, advocating...Read More
One of the greatest actors of all time – Sir Anthony Hopkins – said he wants to jump on the non-fungible token bandwagon. As such, he asked for the help of Snoop Dogg, Jimmy Fallon, and Reese Witherspoon, who have some experience in the field. The Latest Celebrity to Join the NFT Craze It seems...Read More
3iQ Digital Asset Management has launched Bitcoin and Ether Feeder ETFs in Australia. Listed on Cboe Australia on June 6, these funds will invest in Canadian-domiciled 3iQ CoinShares Bitcoin ETF and 3iQ CoinShares Ether ETF. Exposure to BTC, ETH Investments These ETF products are aimed at providing Australian investors with an opportunity to leverage potential...Read More
Crypto network fees and revenue are good indicators of the state of markets. In bull markets, demand is high, and fees and revenue increase, however, the opposite occurs when the bears have control of things. Around half a year into the current bear market cycle, many crypto network revenues have fallen lower than the asset...Read More
Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, said Terra’s failure was a byproduct of the macroeconomic environment as the Feds raised rates and tightened up its balance sheet. He also expressed conviction on the broader market in the medium and long term, reiterating that Ethereum could still reach $10,000...Read More
Timothy Ursich Jr. – who runs for election to the US Senate to represent California – vowed that he will draft a bill proposing Dogecoin as an official payment method if he is victorious. He also opined that two of the best instruments against the current galloping inflation are the leading cryptocurrencies – bitcoin and...Read More
Dawn Fitzpatrick – CEO and CIO at Soros Fund Management – doubled down on her pro-crypto stance, predicting the asset class is “here to stay.” She believes that climate impact will play a vital role in the industry, and as such, Ethereum “is likely to gain some more traction than Bitcoin.” Ethereum to Outperform Bitcoin?...Read More
As The Merge is set to occur in August, leading Ethereum developer, Tim Beiko announced on Tuesday that the Ropsten Beacon Chain had been launched as a testnet for Ethereum users. Ropsten will be the first longstanding testnet to run through The Merge, which marks the end of the PoW architecture of Ethereum. A Step...Read More
The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on Madison Avenue in New York and Rodeo Drive in Beverly Hills, Los Angeles. Balenciaga Catching the Crypto Wave According to a recent coverage, Balenciaga will...Read More
Arguably the most anticipated event in Ethereum’s 7-year-old history could come in the next few months, asserted the project’s co-founder as well as a couple of core ETH developers. This should happen before the “difficulty bomb” slows down the network. Speaking at a panel during the Permissionless conference, ETH core developer Preston Van Loon noted...Read More
Earlier this week, a pull request was submitted by an Ethereum DevOps engineer for the Ropsten testnet Merge configuration code that can be seen in the GitHub repository. For the uninitiated, the Ropsten testnet was created by Ethereum Foundation nearly five years ago and is considered one of the best replicas for the Ethereum blockchain....Read More
The past several weeks have been quite the negative turmoil for the cryptocurrency market, as it all started at the end of March. Interestingly, this coincides with a similar drop for the largest US-based stock market indexes, which led to a multi-month high in terms of correlations between Wall Street and crypto. The Market Meltdowns...Read More
Web infrastructure platform Cloudflare has announced supporting the development and deployment of Ethereum for its customer through its Ethereum and IPFS gateways. From now on, Cloudflare customers can log into the dashboard and configure a zone for Ethereum, the InterPlanetary File System (IPFS), or both. Ethereum Gateway As one of the fast-growing data storage firms,...Read More
The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of June. Initially, it will enable investors to buy and sell bitcoin and ether. XP Thinks About the Next Five, Ten Years The latest organization to...Read More
Ethereum whales have registered a sharp uptick in activity in the past few days, making nearly 2,600 transactions worth over $1 million each yesterday alone. This is the highest number of such transaction activities in a day since January. 🐳 #Ethereum‘s whales have been extremely active today, firing off 2,596 transactions valued at $1M or...Read More
Ridley Scott – one of the greatest film directors of all time – will be the next celebrity to dive into the cryptocurrency universe by producing “The Infinite Machine,” a movie about the founding of the Ethereum network. Gladiator’s Ridley Scott to Take Ethereum to Hollywood Camila Russo’s book “The Infinite Machine,” which tells about...Read More
The Switzerland-based investment product issuer – 21Shares – joined forces with ETF Securities to launch the first two exchange-traded funds in Australia that will provide customers with direct access to cryptocurrencies. Those products will track the performance of BTC, and ETH will go live on April 27. Crypto EFTs Popping out in Australia While the...Read More
The Ethereum Foundation (EF) – a non-profit organization that supports the second-largest blockchain protocol – disclosed that its treasury equals around $1.6 billion. $1.3 billion of it is distributed in digital assets (primarily ETH), while approximately $300 million belong to non-crypto investments. The EF Sold ETH at the ATH In its financial report, the Ethereum...Read More
On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic Powers Act imposed by the government of the United States...Read More
PayMaya – one of the leading digital financial services platforms in the Philippines – rolled out a cryptocurrency feature on its app, allowing customers to deal with bitcoin and altcoins. The initiative aims to educate locals about the merits of the asset class and grant them access to it. PayMaya Enters the World of Crypto...Read More
After years of bashing the cryptocurrency industry, the Wall Street behemoth has started numerous such initiatives in the past several months. The latest, reported by Bloomberg, reveals the bank’s intentions to roll out OTC ETH options trading due to enhanced client demand. Citing Andrei Kazantsev, Goldman’s head of crypto trading, the coverage informed that the...Read More
There has been some activity on the blockchain address that was flagged as being involved in the hack on the Axie Infinity Ronin bridge last month. There have been several transactions over the past couple of hours from the suspect Ethereum address. The first was the movement of 1,000 ETH valued at approximately $3.5 million...Read More
The former BitMEX CEO explained to his readers why 2022 will be a big year for Ethereum. He considers that the network – after the transition to proof-of-stake consensus – will function as a commodity-linked bond. In contrast, the former CEO called BTC “pure money” that intrinsically “yields nothing.” Hayes sees Ethereum as an investment...Read More
Given the total addressable market for digital on-chain transactions is far bigger than the current DeFi market size, worth around $200B, Grayscale said DeFi protocols powered by smart contracts are still being undervalued. The current capital markets alone are 500x more than the DeFi market, Grayscale outlined. In addition, NFT-associated transactions and Metaverse-related applications could...Read More
One of the largest derivatives trading platforms has indeed proceeded with releasing options on Micro Bitcoin and Micro Ether futures, as promised earlier this month. The company outlined the growing investor demand for such products as the main reason behind the launch. CryptoPotato reported earlier in March CME Group’s intentions to launch options on Micro...Read More
MyEtherWallet (MEW) integrated the crypto startup MoonPay as its on/off ramp partner for users across all platforms. The initiative should provide customers with additional access to the Ethereum blockchain. MEW and MoonPay Shake Hands According to a document seen by CryptoPotato, the collaboration between the two entities aims to reduce the barriers of entering the...Read More
The co-creator of Ethereum, Vitalik Buterin, is somewhat known for his strong opinions on matters related and unrelated to cryptocurrencies. Recently, he’s been featured in a TIME Magazine interview that had the entire crypto world buzzing. Vitalik Buterin on BAYC Hype People who’ve been following the crypto space for more than a few months must...Read More
Formerly known as a Bitcoin-only derivatives exchange, BitMEX has abandoned its plans as it adds support for new assets, with the latest being Ethereum’s native token – Ether. The announcement from March 21 informed that users will be able to deposit, withdraw, buy, and convert ETH effective immediately. This comes as an addition to the...Read More
