Why is Notcoin up 300% over the past week?

    Notcoin’s (NOT) price rose over 300% over the past week to reach a new all-time high. Can the NOT token continue its parabolic rise due to social hype? Notcoin rises 320% in one week, hits new all-time high Notcoin’s price rallied over 323% during the past week, reaching a new all-time high of $0.02896 on…

    Crypto exchanges see $3B Ethereum exit since ETF approvals

    Over $3 billion worth of Ether has been removed from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds (ETFs) in the United States — signaling a potential upcoming supply squeeze. The amount of Ether on exchanges fell by around 797,000 between May 23 and June 2 — equivalent to $3.02 billion, according to…

    Matter Labs drops ZK trademark applications after industry backlash

    Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for “zero knowledge” proofs. Its decision came three days after several leading ZK researchers condemned the firm’s behavior “in the strongest possible terms,” iterating that ZK technologies should instead remain a…

    Providing certainty in funding costs and investment returns: Ethereum gets fixed-income DeFi protocol

    Term Structure has gone live with its mainnet, aiming to revolutionize risk and liquidity management in DeFi. The history of the banking system can be traced back to 1472 in Italy, where the first bank emerged to facilitate commerce, secure deposits and provide loans. These early banking activities laid the groundwork for more complex fixed-income…

    Binance founder CZ receives support from crypto community as jail term starts

    Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has reported to a low-security federal prison in Lompoc, California, to begin serving his sentence. According to a CNBC report, the information was verified with his legal team at Latham and Watkins. Crypto community applauds Members of the crypto community have expressed their admiration for the…

    US SEC is ‘bent on choking’ the crypto industry — Coinbase

    The United States Securities and Exchange Commission (SEC) will continue its regulation-by-enforcement approach to the cryptocurrency industry for as long as it can to satisfy its goal of “choking” the industry, according to crypto exchange Coinbase. “The SEC is serious about the destruction of digital assets,” Coinbase declared in a May 31 filing with the U.S Court…