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A wallet holding over 1,400 Bitcoin has been reactivated after more than a decade of inactivity. This stash is currently valued at nearly $40 million based on today's exchange rates. Another Bitcoin Whale Awakens After Over 10 Years of Dormancy According to data from crypto transaction tracking
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The Bedrock upgrade, a significant update bringing numerous improvements to Optimism, was successfully implemented in the early hours of June 7. Optimism’s Bedrock Upgrade Officially Live The Bedrock upgrade was officially activated at 11:00 PM on June 6, 2023 (Vietnam time), according to Optimism's pre-scheduled timeline.
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The crypto market has experienced a strong rebound in the past 12 hours, recovering from the impact of the SEC’s lawsuits against Binance and Coinbase. Crypto Market Rebounds to Pre-SEC Lawsuit Levels, Except for Tokens Labeled as “Securities” As reported by Coin68, the biggest news in the crypto market
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In a $250 million funding round by Volcano Energy, a startup focused on establishing a Bitcoin mining facility in El Salvador, Tether has joined as an investor. Tether Invests in Bitcoin Mining Startup in El Salvador On the evening of June 5, Tether—the company behind the world’s largest
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Following the memecoin frenzy that made Ethereum transactions "expensive" in May, gas fees have now stabilized and become more "cost-effective" for users. Ethereum Transaction Fees Hit Two-Month Low After Memecoin Frenzy Ethereum Transaction Costs Stabilize Ethereum’s daily transaction fees—flexible charges incurred during transactions or
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An address believed to belong to Ethereum co-founder Jeffrey Wilcke has transferred 22,000 ETH—valued at $41 million—to the Kraken exchange platform. Ethereum Co-Founder Moves $41 Million Worth of ETH to Kraken This transfer occurred just hours ago. Several data tracking websites have identified the wallet address as
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The TON Foundation has proposed a new mechanism to burn 50% of transaction fees on the TON network, effectively cutting validator rewards in half. TON Foundation Proposes Burning 50% of Validator Rewards The new proposal by the TON Foundation suggests that, when users transact on the network, a portion of
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Billionaire Elon Musk is once again embroiled in class action lawsuits related to the cryptocurrency Dogecoin (DOGE). Elon Musk Faces New Class Action Lawsuit Over Dogecoin According to Reuters, a group of American investors has filed a lawsuit against Elon Musk in Manhattan (New York) court, accusing the billionaire of
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Circle has entirely removed U.S. Treasury bonds from the reserve assets backing its stablecoin USDC, opting instead for cash and repo agreements to mitigate risk in light of the U.S. debt crisis. Circle Completely Removes U.S. Treasury Bonds from Reserves Circle has fully divested from U.S.
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On June 1st, Tether, the largest stablecoin in the market, officially set a new market cap record. Tether Sets New Market Cap Record According to the latest data, Tether (USDT) has surpassed a market cap of $83.2 billion. This milestone was announced on Tether’s official Twitter channel. Specifically,
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Circle, the issuer behind the USDC stablecoin, has announced the deployment of a native token version of USDC on the Arbitrum ecosystem. USDC Launches Native Token on Arbitrum Ecosystem On Circle's official Twitter, the organization revealed that the native token version of USDC on Arbitrum will go live
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Following its investment in Bitcoin, Tether has unveiled plans to bolster its Bitcoin holdings by launching a mining operation in Uruguay. Tether Launches Bitcoin Mining Farm in Uruguay On the evening of May 30, Tether—the company behind the world’s largest stablecoin, USDT—announced it will establish a cryptocurrency