The crypto markets witnessed a shift today as oil prices underwent one of their most significant intraday reversals in history. Following an initial surge of nearly 30% that saw Brent crude flirting with $120 per barrel due to the escalating conflict in the Middle East and the effective closure of the Strait of Hormuz, the
Nigel Farage, leader of the Reform UK party, invested 215,000 pounds ($286,000) in Stack BTC (STAK), a U.K.-listed bitcoin BTC$68,153.83 treasury company, in a fundraising round that also involved Blockchain.com. In total, the company raised 260,000 by selling 5.2 million new shares at 5 pence each, it said on Monday. The new shares are expected
All eyes on Medalla testnet — genesis in less than 24 hours 👀 tl;dr Medalla testnet launches tomorrow 🏅 The minimum validator deposits (16k+ of them) required to kick off the Medalla testnet were met on Friday, which means the genesis of this testnet is set to happen at 1596546008 Unix time, or 8 seconds
U.S. oil prices plunged $15 per barrel in less than two hours after reports that G7 countries are considering releasing 400 million barrels from strategic reserves, triggering volatility across global markets and over $225 million in liquidations across crypto derivatives. Summary U.S. oil prices fell $15 per barrel in under two hours, dropping below $104.
Hey Ethereum community! It’s been a few months since our last update so it’s about time we let you know what’s been happening over at ethereum.org. First up, we’re now using Gatsby Under the hood at ethereum.org we’ve switched from Vuepress to Gatsby. Now, this won’t be immediately obvious to anyone visiting the website but
John Daghita, an alleged U.S. government contractor accused of stealing more than $46 million in cryptocurrency from the U.S. Marshals Service (USMS), was arrested last night on the island of Saint Martin in a coordinated operation between the FBI and French authorities. The arrest, confirmed via tweet by FBI Director Kash Patel, involved the French
Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court to suspend the termination of trading support on major South Korean exchanges for the Flow blockchain’s native FLOW token. Summary Flow Foundation and Dapper Labs have asked a Seoul court to suspend the planned termination of FLOW trading on Upbit,
Today, we (the Devcon organizing team) are excited to make public a new way to get involved in next year’s event, and one that should make Devcon an experience that better represents Ethereum as a whole. Devcon Improvement Proposals (DIPs) are a new tool to involve collaborative community input from across the ecosystem. They are
zerohash seeks a U.S. trust bank charter as financial firms move toward regulated crypto custody and digital asset infrastructure. Digital asset firms are pushing deeper into regulated finance as stablecoins and tokenized assets gain traction. Many companies now seek bank charters to expand services under federal oversight. Infrastructure provider zerohash has joined that trend with
Strategy may be gearing up for its 101st Bitcoin purchase, according to a cryptic post shared by co-founder Michael Saylor. Summary Michael Saylor has hinted at Strategy’s 101st Bitcoin purchase. The company currently holds 720,737 BTC worth over $48.7 billion. Bitcoin was trading near $67,500, below Strategy’s average purchase cost. As is often the case
