Blockchain technology is facing a growing centralization trend, which could compromise its core principles. This layer-1 blockchain aims to set a new standard backed by the decentralized ethos. As the centralization trend in blockchain technology continues to grow, the community needs new platforms loyal to the principles of decentralization. Callisto Network’s layer-1 blockchain offers a…
Crypto Twitter has been immersed in the speculation and anticipation of the eventual approval of the spot Bitcoin exchange-traded funds (ETFs) in the United States. After some turbulence caused by an alleged fake tweet from the U.S. Securities and Exchange Commission, all 10 spot Bitcoin ETFs were approved. The ETF hangover is over, and attention can now shift to…
Inscriptions, a form of digital collectible created by writing data into the calldata or witness fields of a blockchain transaction, have caused degraded performance or even crashes on several blockchain networks, including Arbitrum, zkSync, Avalanche and others. But Branden Farmer, co-founder of Polygon, claims that parallelized Ethereum Virtual Machines (EVMs) may solve the problem once…
The Bitcoin spot ETF is the first investment product that will allow investors to get direct exposure to Bitcoin’s price through traditional and regulated investment products. It’s the first investment product linked to Bitcoin that the baby boomer generation is familiar with and can widely feel comfortable investing in. The approval came after a lengthy lawsuit…
Zero-knowledge proof-powered layer-2 blockchain Manta Network experienced a widespread distributed denial-of-service (DDoS) attack amid a successful token listing on multiple exchanges. The incident has since been resolved. As told by Kenny Li, co-founder of P0xeidon Labs, the cryptographic development team behind Manta Network, the blockchain’s nodes experienced over 135 million remote procedure call (RPC) requests on Jan. 18….
Crypto wallet provider MetaMask has rolled out a new staking service that enables Ethereum users to run their very own validator node… for a price. On Jan. 18, the crypto wallet provider introduced validator staking through MetaMask Portfolio. MetaMask will run the validator node on behalf of stakers who deposit 32 Ether. At current Ethereum prices, this equates to…
Trillion-dollar asset management firm Franklin Templeton’s recent praise for the Solana network on X (Twitter) has sparked new hope for a potential Solana exchange-traded fund (ETF) in the distant future. In a Jan. 16 social media post, the asset manager’s official X account — which was temporarily manned by the firm’s digital asset team —…
U.S. presidential candidate and former president Donald Trump has vowed to “never allow” the Federal Reserve to create a central bank digital currency (CBDC) in the United States. The pledge came during a campaign speech in Portsmouth, New Hampshire on Jan. 17 where the former president of the United States said: “Tonight I’m making another…
The newest upgrade to the Ethereum network, codenamed “Cancun-Deneb” or “Dencun,” has gone live on the Goerli testnet for the first time, according to a Jan. 17 social media post from Ethereum developer Parithosh Jayanthi. According to Jayanthi, a bug delayed the network’s launch for approximately four hours. But once this problem was fixed through…
Crypto exchange OKX’s Dubai subsidiary received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) for exchange services. While the company was awarded the license, OKX highlighted that it would remain “non-operational” until it could fulfill the regulator’s requirements. Rifad Mahasneh, OKX’s general manager for the Middle East and North…