Ethereum

XRP trading volume surpasses $1 billion in South Korea

January 2, 2025 1 min read

XRP has recently experienced a remarkable surge in trading volumes on South Korea’s leading cryptocurrency exchanges, surpassing both Bitcoin (BTC) and Ethereum (ETH). In a 24-hour period, XRP trading volumes across Upbit, Bithumb, and Korbit approached $1 billion, indicating a significant uptick in market activity for this digital asset. On Upbit, XRP dominated with a trading volume of approximately $716.79 million, representing 13.67% of the exchange’s total volume of $5.23

Solana and Sui blockchain networks outperform Ethereum in 2024

January 2, 2025 1 min read

Ethereum has faced disappointment in 2024 due to its inability to reach new heights, particularly as Bitcoin achieved a significant milestone by surpassing $100,000. While Bitcoin reached an all-time high of $108,135 on December 17, Ethereum struggled to maintain its position, failing to consistently exceed the $4,000 mark. A recent report from Matrixport highlighted the rise of alternative layer-1 blockchains, specifically Solana and Sui, which have outperformed Ethereum in terms

The infamous Blockchain Bandit resurfaces after 5 years, moving $172 million in Ethereum

January 1, 2025 1 min read

A figure known as the “Blockchain Bandit” is back after five years, moving 51,000 ETH worth about $172 million from ten inactive wallets to a multi-signature wallet. The sudden transfer of funds, which have been inactive since 2018, has raised concerns among cybersecurity experts. They think it might suggest plans for liquidation, laundering, or new cyber attacks. The Blockchain Bandit became well-known in 2018 for taking advantage of Ethereum wallets

Donald Trump appoints David Sacks as the US crypto czar

December 31, 2024 2 mins read

Donald Trump has recently appointed David Sacks as the US cryptocurrency czar, sparking talks about possible changes in regulations for digital assets. Sacks, a well-known tech entrepreneur who was PayPal’s first COO and started Yammer, is expected to help clarify and guide US cryptocurrency policies. Experts in the crypto industry, like Ryan Chow from Solv Protocol, are hopeful about his appointment. They believe Sacks will push for clearer rules that

Hackers target crypto professionals on LinkedIn with fake job offers

December 31, 2024 1 min read

Hackers are targeting crypto professionals on LinkedIn by pretending to be recruiters from well-known companies and using malware to steal victims’ cryptocurrency wallets. Cybercriminals use real tools like video interview platforms and offer fake job opportunities to trick potential victims. LinkedIn has removed over 80 million fake profiles in six months, but it still has a hard time dealing with these clever scams. Security expert Taylor Monahan pointed out how

Coinbase Ethereum layer 2 Base’s daily transaction volume surges 22 times

December 30, 2024 1 min read

Coinbase’s Ethereum Layer 2 network, Base, is becoming an important player in the cryptocurrency world as we near 2025. Base launched in 2023 and has grown significantly in many areas, becoming a platform that is easy to use and affordable for both users and developers. In 2024, Base experienced a significant rise in daily transaction volumes, going from about 415,000 transactions per day in December 2023 to around 9.4 million

Bitwise Asset Management files with the SEC to launch the Bitcoin Standard Corporations ETF

December 30, 2024 1 min read

Bitwise Asset Management has submitted a filing to the SEC for the Bitcoin Standard Corporations ETF, which aims to invest in public companies that possess at least 1,000 Bitcoin in their treasuries. The ETF will focus on equity securities of companies that meet specific criteria, including a minimum market capitalization of $100 million and daily liquidity of at least $1 million, while also maintaining a public float below 10%. Unlike

Leading asset management firm Franklin Templeton launches its DeFi solution on Ethereum

December 29, 2024 1 min read

Franklin Templeton, a well-known asset management firm, has taken important steps in decentralized finance (DeFi) by launching its tokenization project, Benji, on the Ethereum blockchain. This is the company’s fifth platform integration in 2023, after successful launches on Aptos, Avalanche, Arbitrum, and Base. Now, Benji is available on seven platforms, including Stellar and Polygon. Sandy Kaul, the Head of Innovation Strategies at Franklin Templeton, talked in a podcast about how

France authorities intensify efforts to curb burgeoning crypto scams

December 29, 2024 1 min read

Cryptocurrency popularity in France has led to more financial scams, causing authorities to take urgent steps to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF and ACPR, is very concerned about the increase in scams involving fake crypto investments. Recent reports show that victims of fake savings accounts lost about €69,000, while those impacted by fake loans lost around €19,000. Crypto-asset scams have increased

Three major crypto advocacy groups sue the IRS

December 29, 2024 1 min read

Three major cryptocurrency groups—the Blockchain Association, DeFi Education Fund, and Texas Blockchain Council—are suing the Internal Revenue Service (IRS) over its new rules that impact decentralized finance (DeFi) platforms. The groups argue that the IRS has gone too far by labeling DeFi platforms as brokers, which has caused a strong reaction from the crypto community. The IRS has updated its definition of “broker” to include decentralized exchanges and front-end platforms,

SimpleSwap Analysts Unveil 2025 Crypto Market Outlook

December 28, 2024 3 mins read

As the cryptocurrency sector continues its evolution, SimpleSwap, a user-friendly cryptocurrency exchange platform, has shared its market insights for 2025. Analysts from SimpleSwap, Rick S. and Henry B., have provided an overview of anticipated trends that may shape the industry in the coming year. Tokenization of Real-World Assets (RWA) Blockchain technology is poised to play a pivotal role in tokenizing real-world assets (RWA), including stocks, bonds, real estate, and commodities such

Vitalik Buterin donates 88 ETH to adopt viral pygmy hippo Moo Deng

December 27, 2024 1 min read

Vitalik Buterin, co-founder of Ethereum, has gained attention for donating 88 ETH, worth about $292,000, to help Moo Deng, a pygmy hippo at Khao Kheow Open Zoo in Thailand. Moo Deng became popular after her cute photos spread on social media, boosting the zoo’s visitor count and driving sales of merchandise with her image. Buterin expressed his excitement about the donation on X (formerly Twitter), showing pride in helping with