Circle launches USD Coin on Ethereum zkSync

Circle, the company behind the stablecoin US Dollar Coin (USDC), has broadened its reach to include zkSync, an Ethereum zero-knowledge layer-2 solution. In simpler terms, Circle now supports using USDC on zkSync’s Ethereum network, which is a scalability solution that enhances privacy and efficiency. Circle announced on April 9 that numerous prominent ecosystem apps and … Read more

Arkham accuses competitors of spreading ‘false rumors’ amid token selloff

Arkham, a blockchain analysis company, has accused rivals of creating confusion and doubt (FUD) following queries about the transfer of their ARKM tokens. A few days before Arkham refused to identify its opposing rivals, Nansen’s post revealed that Arkham transferred approximately $56 million worth of ARKM (25.2m units) to unmarked wallets and the cryptocurrency exchange … Read more

The Bitcoin halving is coming — How are options traders positioned?

As the Bitcoin halving approaches, professional traders and investors are closely monitoring changes within the cryptocurrency’s ecosystem. Historically, excitement builds up around these events, with a bullish trend emerging in the months following rather than right on the day of the halving itself. This is due to the gradual effect of decreased mining rewards on … Read more

Rep. McHenry hopes digital asset bill passage will be his ‘biggest win’

At the Bitcoin Policy Summit in Washington, D.C., Chair of the US House Financial Services Committee, Representative Patrick McHenry, expressed optimism about the possibility of passing digital asset legislation before he leaves politics, which he has announced will be after the 2025 elections. McHenry pointed out that there isn’t a clear definition or legal framework … Read more

Telegram-linked Toncoin flips Cardano to become 9th largest crypto

On April 9, Toncoin (TON) surpassed Cardano (ADA) to rank as the nininth-largest cryptocurrency by market capitation. Will Toncoin’s meteoric growth persist? TON becomes the ninth-largest crypto After a 13% surge in its daily price, TON reached $6.65 by 1:45 p.m (UTC), making it the ninth largest cryptocurrency with a $23 billion total value in … Read more

Decentralized dilemma: Could Ethereum survive if SEC ruled ETH a security?

On Feb. 26, 2024, a discreet modification appeared on the Ethereum Foundation website.  A GitHub commit announced the deletion of the website’s footer and warrant canary. The statement explained that this action was taken following a confidential inquiry from a state authority, which was made voluntarily. A warrant canary is essentially a notice or symbol, … Read more