Crypto enthusiasts are seemingly taking advantage of the ongoing bull run, generating major activities across blockchain networks. The eco-friendly Solana blockchain, on the scale of most popular, has managed to defeat Ethereum in recent days. The credit for this goes to the frenzy of Solana-based NFTs and memecoins that have…
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday. The…
The market for non-fungible tokens (NFTs) seems to be on a revival sprint now that the crypto market is on a bull run. With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in value, a bunch of NFT series associated with these altcoins have started to be climb up the…
Magic Eden, which is an online marketplace for NFT sales, is adding more functionalities and capabilities to its platform to attempt to revive people’s interest in digital collectibles after a visible sector slowdown. The platform has now decided to launch a crypto wallet browser extension, that will be compatible with…
Cathie Wood’s Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. It is the first attempt to list a fund in the…
The Ethereum blockchain underwent the Shanghai upgrade last week, but has not seen any upheaval in the market that was predicted by members of the crypto community. The withdrawals of staked ETH tokens amounted for only over 1 million tokens over the last five days. This did not shake up…
The software that underpins the second-biggest crypto coin ether was upgraded on Wednesday and is online, cryptocurrency exchange Binance said in a tweet. The move will give investors access to more than $30 billion (roughly Rs. 2,45,877 crore) of the digital tokens. Known as Shapella, the latest upgrade to the…
Ethereum’s second major update named Shanghai is just some hours away from being completed on the blockchain. It is estimated that ETH tokens amounting between $22.38 billion (roughly Rs. 1,82,520 crore) and $33 billion (roughly Rs. 2,70,900 crore) are currently staked on the blockchain. The Shanghai upgrade will let people…
Ethereum, the most commercial blockchain in existence, is often looked at as a benchmark for other blockchains seeking competition. In a fresh development, the daily transactions on Arbitrum have surpassed those on Ethereum. Developed by New York City-based Offchain Labs, Arbitrum is a layer-2 scaling solution, built upon the Ethereum…
The Cardano blockchain has marked the completion of its latest Valentine upgrade, that brings a bunch of network improvements. The eco-friendly proof-of-stake (PoS) blockchain announced the development on February 14, Valentine’s Day. The upgrade is now live on the Cardano mainnet and will expand the cross-chain interoperability for developers as…
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