Tag: Ethereum
SocGen’s Euro Stablecoin Shifts to Solana Blockchain for Improved Performance
SG Forge, a subsidiary of Societe Generale, is making a strategic move by shifting its euro stablecoin, EUR CoinVertible (EURCV), to the Solana blockchain. This decision comes after the initial launch of EURCV on...
stUSDT Security Audit Report by ChainSecurity and Whitepaper Analysis
Singapore-based stUSDT recently announced a significant milestone in its security efforts by partnering with ChainSecurity, a reputable security audit firm. ChainSecurity conducted a thorough audit of stUSDT's smart contracts, and the audit report, along...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...
Dough Finance Flash Loan Attack: A CoinJournal Analysis
A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
Why Ethereum Won’t Implement ‘Roll Back’ – Explanation and Criticism
In a recent turn of events, the Ethereum community faced a significant decision following a hack on the Bybit cryptocurrency exchange by North Korea's Lazarus group. The hack resulted in the loss of nearly...
Vitalik Buterin Criticizes U.S. Crypto Regulation as ‘Anarcho-Tyranny’
Vitalik Buterin, the co-founder of Ethereum, recently expressed his concerns about the current state of cryptocurrency regulation in the United States. He believes that the classification of cryptocurrencies as securities and subjecting them to...
Bitcoin and Ethereum Dominate 97% of Trades on Crypto.com
Crypto.com has emerged as a major player in the cryptocurrency trading world, surpassing Coinbase in trading volumes. The platform's monthly spot trading volume skyrocketed to $139 billion in October, more than doubling Coinbase's $57...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease in their value over a 24-hour period. Bitcoin was trading...
LatAm Bank Littio Switches from Ethereum to Avalanche for RWA Vaults amid Growing Demand
Littio, a neobank based in Colombia, has made it possible for customers to access U.S. Treasury bills through crypto products. The neobank has decided to switch its vault holdings from Ethereum (ETH) to Avalanche...
Simplified Ethereum Restaking with Kraken’s EigenLayer Integration
Kraken has recently integrated EigenLayer to make Ethereum restaking easier for a wider audience. This move is seen as a way to increase the platform's total value locked (TVL), which has been declining. The...
