Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
    17 Apr 2023
    320 Views

    Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%. Over 1 million Ether worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months. The 1.03 million…

    Blockchains need an interoperable standard to evolve, say crypto execs
    17 Apr 2023
    315 Views

    Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say. Many expect there will be multiple…

    Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
    17 Apr 2023
    394 Views

    Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Recent turmoil in the banking sector has shown that Bitcoin and Ether can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest CEO Cathie Wood — butone long-time…

    BlockSec launches collaborative testing toolkit for private forked chains
    16 Apr 2023
    296 Views

    With the toolkit, developers and security researchers can test, analyze and debug transactions via controlled private fork chains from the Ethereum mainnet. Blockchain security tech firm BlockSec has launched a new toolkit that enables collaborative testing on private chains “forked from arbitrary (transaction) positions” and block numbers on the Ethereum mainnet. The developer and security…

    U.S. Congress to introduce new draft bill for stablecoins
    16 Apr 2023
    284 Views

    Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country. A new draft bill providing a framework for stablecoins in the United States was published on the House of…

    Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”
    16 Apr 2023
    286 Views

    The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval. A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum’s DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum…