Author: News Room
Coin98, the leading multichain crypto wallet, has announced the integration of Conflux eSpace Network into its latest Mobile App and Extension. Conflux eSpace is a blockchain ecosystem on the Conflux Network. This marks a significant milestone towards unified crypto experiences for over 9M users. Coin98 is making continuous improvements with new integrations. It has improved user experience significantly with its recent integration of Linea. Coin98 Super Wallet now integrates Conflux eSpace – a fully EVM-compatible chain of @Conflux_Network with a much lower gas fee and higher TPS than Ethereum.Coin98 users can not only create/ restore Conflux wallets but can also…
In a recent exchange on social media, Justin Bons, a prominent figure in the cryptocurrency industry, addressed criticisms of the Solana blockchain, urging a more nuanced understanding of the platform’s evolution. Bons acknowledged historical critiques of Solana (SOL) but emphasized the need to recognize the platform’s advancements and current capabilities. He encouraged critics to update their perspectives, noting that Solana has undergone significant development since its inception in 2020 and what may be called a renaissance in 2023. Responding to concerns raised by another participant in the discussion, Bons clarified that he does not advocate ignoring Solana’s flaws. Instead, he…
The asset management giant BlackRock’s (BLK) clients have “a little bit” interest in Ethereum, compared to bitcoin (BTC), head of digital assets Robert Mitchnick said. “I can say that for our client base, bitcoin is overwhelmingly the number one focus and a little bit Ethereum,” he said during a fireside chat at the Friday Bitcoin Investor Day conference in New York. For every other crypto asset, he said, demand is “very, very little.” Perhaps it’s only fitting that when asked about if BlackRock will be launching an exchange-traded fund (ETF) related to memecoin dogwifhat (WIF) anytime soon, Mitchnick said he…
The European Union Parliament has taken a significant step by outlawing unidentified self-custody crypto wallets for making payments across the region. A recent social media post by Patrick Breyer, an EU Parliament member, revealed that the ban received approval from most of the parliament’s leadership committee on March 19. This move is part of the EU’s broader anti-money laundering (AML) legislation. How Europe’s New AML Regulations Impacts Crypto The new regulations ban all anonymous crypto payments and cash transactions above certain limits. Specifically, they prohibit cash payments exceeding €10,000 or anonymous cash transactions beyond €3,000. The ban also targets self-custody…
Bitcoin exchange-traded funds (ETFs) have significantly impacted the crypto market since their debut in January. Even marker observers have been impressed with the record performance of these financial products. However, Grayscale’s Bitcoin Trust (GBTC), one of the prominent products, has experienced consistent outflows, sparking concerns about its future trajectory. Grayscale’s GBTC Bitcoin Reserve Depletes Arkham Intelligence, a blockchain analytics firm, has forecasted that GBTC could deplete its Bitcoin reserves within the next 96 days if the current rate of redemptions persists. Since its conversion into a spot Bitcoin ETF in January, Grayscale’s Bitcoin balance has plummeted by 266,470 BTC. This…
In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […] Read the full article here
Clients of $10 trillion asset management firm BlackRock are reportedly not showing much demand for the leading smart contract platform Ethereum (ETH). Robert Mitchnick, BlackRock’s head of digital assets, says that the firm’s clients are mostly interested in Bitcoin (BTC), the top crypto asset by market cap, leaving only a “little bit” of demand for the top altcoin, reports Fox Business journalist Eleanor Terrett. “For our clients, Bitcoin is overwhelmingly the number one priority. And then a little bit Ethereum, and very little everything else.” Mitchnick also says he acknowledges that the digital asset community wants BlackRock to create a long…
Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor, Ethereum, which recorded 407,170 commits during the same period. The blockchain intelligence platform’s data further revealed that Avalanche has a commit count of 315,770, while Litecoin and Tron stand at 84,110 and…
Coinbase’s Layer 2 solution, Base, has surpassed $2 billion in Total Value Locked (TVL), marking a 43.61% surge over the past week. This milestone reflects the growing traction and interest in this network, particularly focusing on meme coins and airdrops. Coinbase’s Base Network on the Rise Base, engineered on the Optimism tech stack, has been pivotal in scaling Ethereum by enhancing transaction speed and reducing costs, all while maintaining the robust security of the Ethereum mainnet. The success of Base can largely be attributed to its parent company, Coinbase. This is a behemoth cryptocurrency exchange with a valuation surpassing $60…
The Shiba Inu team lead, known by the pseudonym Shytoshi Kusama, seems to be continuing with his travels around the globe. The SHIB community keeps watching his location tags changing on X/Twitter. The most recent one has raised a heated and rather humorous discussion among members of the SHIB community. Here’s where the mysterious Shytoshi Kusama has been spotted this time around. Kusama heads for the Maldives, here’s potential reason Japanese SHIB army member @kuro_9696_9696 has tweeted to spread the word about Shytoshi Kusama’s new location – the Maldives. On March 19, he was spotted in New York City thanks…