beginner Navigating the vast universe of Ethereum and blockchain can sometimes feel like deciphering an alien language. Amidst all the technical jargon, the Ethereum Name Service (ENS) emerges as a beacon of simplicity. Let’s embark on a journey to understand what ENS is, why it’s so crucial, and how it’s shaping the future of the digital world. Hello! I’m Zifa,…
Month: September 2023
South Korea plans to submit bill to freeze North’s crypto assets: Report
The government of South Korea is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets that are used to fund its capital Pyongyang’s illicit weapons program. According to a report by local media outlet JoongAng Daily, multiple anonymous government sources confirmed on Aug. 3 that the bill is in the works. A…
SBF releases memorandum asking court to block prosecutor filings
Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, has filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests. The memorandum calls the requests filed by the United States Department of Justice “unfounded and overbroad,” among other things in its argument. He argues that most of the issues raised by…
XLM Surges 10% As Stellar Teases ‘Something Cool’ on the Horizon
XLM, the native token of the Stellar blockchain, is leading the predominantly sideways crypto markets on Monday, with a remarkable 10% price surge over the past 24 hours. The latest spike took the price of XLM to a weekly high of $0.125, up nearly 5% on the week, according to data from CoinGecko. With a market capitalization of $3.4 billion,…
Binance head of product quits as executive exodus continues
Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world. Binance’s head of product Mayur Kamat has confirmed he is leaving the crypto exchange after serving the firm for nearly two years. “It is time for me to step down and transition product leadership to Binance’s next gen…
Vitalik Buterin Sells MKR Tokens as MakerDAO Co-Founder Pushes for Solana-based ‘NewChain’
Ethereum co-founder Vitalik Buterin has sold around $580,000 worth of MakerDAO’s MKR tokens, after the project’s co-founder and CEO Rune Christensen advocated launching the project’s new chain on a Solana-based platform. In the Discord channel of rival stablecoin issuance platform Reflexer Finance, Buterin offered some suggestions on how to compete with and complement the leading platform in stablecoin issuance, “if…
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Bitcoin (BTC) tried to break out of its range in the first half of last week but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level. The price action of the past few days has formed two successive Doji candlestick patterns on the weekly chart, indicating uncertainty about…
Weekend Wrap: Vitalik offloads MakerDAO tokens, confidence for Bitcoin ETFs and more
Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals. Source: https://cointelegraph.com/public/index.php/news/what-happened-in-crypto-on-the-weekend
99% of Nigerians are crypto aware
A global survey featuring respondents from 15 countries indicates that Africa’s largest economy Nigeria has the most cryptocurrency-aware populace in the world. Consensys and YouGov released the findings from the global Web3 perception survey, which sought to provide both macro and regional insights into the perception that different countries have towards cryptocurrencies and the wider Web3 ecosystem. A key takeaway from…
Weekend Wrap: Vitalik offloads MakerDAO tokens, confidence for Bitcoin ETFs and more
Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals. Source: https://cointelegraph.com/app/public/index.php/news/what-happened-in-crypto-on-the-weekend