Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the...
Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion of Kyber Network’s treasury is with Three Arrows Capital but is not significant enough to affect...
Summary: The Ronin Network team has published a postmortem report on the exploit that happened on March 23rd The report explains that a Sky Mavis employees are under constant advanced spear-phishing attacks on various social networks...
The Curve CRV-ETH exploiter is yet to return $19.7 million worth of cryptocurrency stolen during the reentrancy attacks on July 30. DeFi projects Alchemix Finance, JPEGd, and Metronome recovered a combined $48.1 million through asset returns...
Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin as the largest crypto by market...
Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In...
Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged insider trading of NFTs. The former employee was arrested and will be presented in the United...
The SushiSwap DAO has voted to approve a key legal restructuring proposal which will create 3 new entities for developing and managing the DAO.
In summary: Crypto analyst Timothy Peterson, sees LINK hitting $7 in two to three weeks His analysis is based on ChainLink’s adoption curve Additionally, he was one of the first to identify LINK’s rally in Q3...
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of...
Summary: The Harmony Protocol team has proposed a reimbursement plan that involves hard-forking the chain. The plan involves two options: minting 4.97 billion ONE for full reimbursement or 2.48 billion ONE for 50% reimbursement. The minted...
Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in Crypto-Asset Markets’. The informative article describes the stablecoins of TerraUSD (UST) and Tether (USDT) as not...