Ethereum scaling solution Starknet suffered another mainnet outage, causing investor concerns over the reliability of the blockchain network. The Starknet layer-2 (L2) blockchain suffered an outage on Tuesday, affecting the mainnet for two hours and 44 minutes, leading to slow block creation and stagnating transactions on the network. The outage was caused by the network’s sequencer, which,…
Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the…
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday announcing a coordinated effort to oversee and enable spot crypto trading in the United States. The agencies clarified that existing law does not prevent regulated US or foreign exchanges, such as national securities exchanges (NSEs), designated contract…
How is the stablecoin framework evolving in South Korea? South Korea has become a key focus in the global stablecoin conversation as it draws close attention from major players like Binance and Tether. Both companies are among the largest stablecoin issuers worldwide, and they both could face major challenges depending on how new regulations unfold…
Ethereum’s largest testnet, Holešky, will sunset as part of a planned shutdown and migration to the Hoodi testnet following several technical issues earlier in the year. The foundation said Monday that Holešky will be shut down two weeks after the Fusaka upgrade is finalized on the network. The upgrade is proposed for sometime in the second half of…
RAK Properties, one of the largest publicly traded real estate company in the Ras Al Khaimah emirate of the United Arab Emirates (UAE), will start accepting cryptocurrency for international property transactions. According to a Monday announcement, RAK Properties will begin accepting payments in Bitcoin, Ether and Tether’s USDt, among others. The move underscores the growing adoption…