CME's Solana futures launch signifies growing institutional interest and maturation in crypto markets, enhancing risk management and trading tools.
The post CME Group set to debut Solana futures after early leak hints at XRP, SOL futures products appeared first on Crypto Briefing.
Ethereum rolling back transactions post-Bybit hack is technically infeasible. It has grown into a vast and complex network, and the repercussions of a rollback would be enormous.
In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity.
The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding a rollback of affected transactions on Ethereum.
The Ethereum Foundation has created the “Silviculture Society,” a group tasked to ensure that Ethereum upholds its core values.
The Ethereum Foundation (EF), the nonprofit organization supporting Ethereum’s ecosystem, announced the creation of an external advisory group dedicated to preserving the blockchain network’s core values.
On Feb. 28, the foundation introduced the “Silviculture Society,” a collection of individuals from outside the EF. It said the group will provide informal counsel to the EF and tend “to the (dark or otherwise) forests in the infinite garden of Ethereum.”
The nonprofit said the group would work to ensure that Ethereum sustains its core values of open source, privacy, security and censorship resistance. The EF said the network’s success depends on having committed developers who build with these values in mind.
This content is provided by a sponsor. The crypto market is in constant motion, and XRPTurbo, a new AI Agent Launchpad being built on the XRP Ledger has taken the spotlight with the launch of it’s XRT utility token to early investors. While Pi Network (PI) saw its token soar to an all-time high of […]
February by the numbers: Bitcoin adoption is growing, but memecoins are pumping the brakes.
The crypto industry has had a memorable month in February, with major policy changes on the horizon and growing Bitcoin adoption globally.
A new report this month shows that the Bitcoin network is decentralizing apace. Public companies now account for 35% of global hashrate, and China’s dominance in hashrate has decreased to 14%.
In the US, the crypto industry is seeing significant progress on the legal front as the Securities and Exchange Commission (SEC) dropped or paused five major legal proceedings against crypto-related entities.
Ethereum faces another 30% drop to $1,500 if the ETH price double-top pattern plays out, making the $2,000 level increasingly important for the bulls to hold.
Ethereum’s native token, Ether (ETH), posted a new yearly low at $2,070, which is also the lowest since Jan. 1, 2024. The second-biggest cryptocurrency dropped 7.40% on Feb. 28, leading to over $200 million in liquidations over the past 24 hours.
Ethereum1-day chart. Source: Cointelegraph/TradingView
With ETH price now testing two-year lows, 0xLouisT, a crypto investment manager, says that Ether’s social sentiment is “at its lowest in the past 12 months”.
Upbit parent firm Dunamu is trying to overturn sanctions imposed by regulators after they found faults with Upbit’s verification process.
Upbit’s parent company, Dunamu, has reportedly filed a lawsuit against South Korea’s Financial Intelligence Unit (FIU) — a division under the country’s top market regulator, the Financial Services Unit (FSC) — challenging sanctions that it imposed.
Dunamu told the state-funded Yonhap News Agency on Feb. 28 that it had submitted a lawsuit to the Seoul Administrative Court on Feb. 27 seeking to overturn the FIU’s partial business suspension order. The company also applied for an injunction to halt enforcement of the sanctions.
The lawsuit follows the FIU’s partial suspension of Upbit’s operations, which blocked the exchange from processing external crypto transactions for new customers. Services for existing customers remain unaffected.
Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack. FUD Allegations Reports that Thorchain, a decentralized exchange (DEX) platform, is refusing to block alleged North Korea-backed hackers from laundering ether (ETH) stolen from Bybit have […]DekaBank's partnership with Boerse Stuttgart Digital could accelerate institutional crypto adoption in Europe, influencing financial market dynamics.
The post Top German bank DekaBank taps Boerse Stuttgart Digital to power its crypto trading services appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against the blockchain software firm Consensys, according to the company’s CEO, Joseph Lubin. Last year, the SEC filed a suit against Consensys over MetaMask, claiming that the popular cryptocurrency wallet acted as an unregistered securities broker. In a new post on social media […]
The post SEC Set To Dismiss MetaMask Lawsuit After Reaching Agreement ‘In Principle’ With Consensys: CEO Joseph Lubin appeared first on The Daily Hodl.
