Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to…

ArchiveNode.io has closed its doors following three years of providing archived Ethereum blockchain node data. Ethereum mainnet archive node service ArchiveNode.io says it will be shutting down, claiming that the project has been a success. On April 4, ArchiveNode.io announced it was “sunsetting” its services after more than three years of providing free Ethereum mainnet…

Bitcoin is “untouchable,” because it’s more decentralized than other cryptocurrencies in the space such as Ether according to senior commodity strategist Mike McGlone. Bitcoin is “untouchable” despite ongoing regulatory pressures in the crypto sector and those who don’t have some crypto exposure are “seriously silly” according to Bloomberg’s senior commodity strategist Mike McGlone. During an…

Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin…

The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely will not…

Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork. Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor clients’ transactions. Challenges include…