Ethereum

Grayscale Investments rebalances its crypto fund

January 11, 2025 1 min read

Grayscale Investments, a prominent crypto asset manager, has rebalanced four key investment funds for 2025 following its Q4 2024 portfolio review. The funds affected are the Grayscale Decentralized AI Fund (AI Fund), Decentralized Finance Fund (DeFi Fund), Digital Large Cap Fund (GDLC Fund), and Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund). In the AI Fund, Grayscale sold some assets and introduced Livepeer (LPT) along with tokens like NEAR Protocol, Render,

Balancing Profits with Stability: Web3Bay’s Capped 5B Token Supply, HBAR Spot Inflow Surge, & AI’s Role in Web3 Examined

January 10, 2025 5 mins read

The cryptocurrency market is experiencing notable developments across different sectors. The Hedera spot inflow has increased significantly, with $2 million entering HBAR’s spot markets within 24 hours, indicating growing interest among investors and contributing to a 10% price surge.  Meanwhile, web3 innovation is progressing as projects like AGII merge AI with blockchain technology, enhancing decision-making and operational efficiency in decentralized networks.  On the decentralized e-commerce front, Web3Bay (3BAY) is making

Qubetics Targets $0.25 While Monero and Stellar Lead Privacy and Growth: The Top Token Presales to Hold This Month

January 6, 2025 4 mins read

As 2025 unfolds, the cryptocurrency market continues to offer various investment opportunities, with presales and established tokens leading the charge. Qubetics, Stellar, and Monero stand out as three cryptocurrencies worth holding for their unique innovations and market potential. From groundbreaking wallet solutions to strong recovery trends and privacy-focused technology, these projects highlight why they are among the top token presales to hold in January 2025. Qubetics: Transforming Crypto Wallets for

India intensifies crypto scam crackdown by teaming up with Google and Meta

January 5, 2025 1 min read

India is ramping up its fight against crypto-related scams, particularly the rising “pig butchering” frauds, through a partnership with tech giants Google and Meta, as outlined in the Ministry of Home Affairs’ 2024 annual report. These scams, which have reportedly cost investors over $3.6 billion in 2024, primarily target vulnerable populations, including unemployed youth and financially struggling individuals, by promising high returns on crypto investments. Scammers typically use social media

Vitalik Buterin donates 50 ETH to support the legal defense of a Tornado Cash developer

January 3, 2025 1 min read

Vitalik Buterin, co-founder of Ethereum, has made headlines by donating 50 ETH, valued at approximately $170,000, to support the legal defense of Roman Storm, a developer associated with Tornado Cash. This donation, confirmed by Storm on December 31, underscores Buterin’s commitment to privacy and open-source development in the cryptocurrency sector. Storm expressed deep gratitude for Buterin’s support, highlighting the inspiration it provides during his legal challenges. Storm is currently facing

China enforces stricter rules requiring banks to monitor and report risky crypto transactions

January 2, 2025 1 min read

China has implemented stringent regulations aimed at monitoring and reporting risky foreign exchange and cryptocurrency transactions, as part of its ongoing effort to combat illegal cross-border financial activities. The State Administration of Foreign Exchange (SAFE) has mandated that banks track transactions related to underground banking, cross-border gambling, and illicit crypto activities. This initiative requires banks to scrutinize the identities of individuals and institutions involved, trace the sources of funds, and

Vitalik Buterin urged Elon Musk to moderate his tone and approach on X amid debates over free speech

January 2, 2025 1 min read

Ethereum co-founder Vitalik Buterin has recently taken a prominent stance in two significant debates within the cryptocurrency and tech sectors. He has called on Elon Musk to adopt a more measured tone regarding free speech and immigration discussions on X, particularly in light of Musk’s controversial defense of H1B visa policies. Musk’s remarks supporting foreign tech workers have drawn criticism from conservatives, who argue that such policies disadvantage native workers.

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