The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs. Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am UTC on Nov. 23, Cointelegraph data shows. Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…
Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption. United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…
Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network and other…
South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year. Some hope of making customers whole Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…
Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem. Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while providing businesses…
Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office. The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first 100 days….