Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors. In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively. According to Buterin, “Info finance is…
Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections. According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…
Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7. ERC-20 stablecoins flood exchanges Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…
While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go. At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…
BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data. BlackRock’s large inflows come amid…
The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet. On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize themselves with upcoming…
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