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Home2024August

Month: August 2024

Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know
Ethereum

Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know

August 24, 2024 CryptoExpert

TLDR: Sony Group and Startale unveil Soneium blockchain, an Ethereum layer-2 network Soneium aims to bridge Web3 innovation with mainstream consumer applications Built on Optimism’s Superchain, partnering with major Web3 companies Testnet launching soon, with […]

Schematic from Artela's new whitepaper illustrating the parallel storage architecture (Artela Team)
Cryptocurrency

Radix Plans $37M Endowment Fund, Fetch.ai Starts San Francisco Innovation Lab

August 24, 2024 CryptoExpert

Legion, describing itself as a “merit-based ICO platform,” has emerged from stealth and announced a $2 million raise from founders, accelerators and angels. Backers include Cyber Fund, AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, […]

Leo Mindyuk
Cryptocurrency

Why Actively Managed Crypto SMAs Could Outperform ETFs for Institutional Investors: Key Advantages Explained

August 23, 2024 CryptoExpert

Unlike ETFs, SMAs give you direct ownership of your assets, which enables greater portfolio customization to meet your specific risk/return needs goals. That is, SMAs can be custom-tailored by your investment manager to meet your […]

Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer
Ethereum

Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer

August 22, 2024 CryptoExpert

TLDR An unknown crypto user accidentally spent $90,000 in gas fees to transfer $2,200 worth of Ether (ETH). The user spent 34.26 ETH in gas fees (worth $89,200) to transfer 0.87 ETH (worth $2,262). Current […]

Search CoinDesk
Cryptocurrency

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

August 22, 2024 CryptoExpert

“The motivation and the incentives are there. Two pieces of the incentives that are really important, [House Financial Services Committee Patrick] McHenry [in] financial services, [Senate Agriculture Committee Chair Debbie] Stabenow [are both retiring members,” […]

BlackRock's Ethereum ETF Surpasses $850M in Inflows Within Two Weeks
Ethereum

Is Ethereum’s (ETH) Price Slump Coming to an End? On-Chain Data Offers Clues

August 21, 2024 CryptoExpert

TLDR Ethereum’s price has dropped below $3,000 since early August, currently trading around $2,679. Ethereum gas fees hit a record low of 1.06 Gwei on Saturday, leading to less ETH being burned. Ethereum’s total supply […]

Omkar Godbole
Cryptocurrency

Bitcoin (BTC) Unmoved at $59K as Mt. Gox Moves $700M in BTC

August 21, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

Ethereum Layer-2 Networks Process Record 12.4 Million Daily Transactions
Ethereum

Ethereum Layer-2 Networks Process Record 12.4 Million Daily Transactions

August 20, 2024 CryptoExpert

TLDR Ethereum’s layer-2 scaling ecosystem reached a new daily transaction all-time high of 12.42 million on August 12, 2024. The Coinbase L2 blockchain Base has been a major driver of this growth, with transactions surging […]

Ben Schiller
Cryptocurrency

Top Democratic Donor Leaves Crypto Super PAC

August 20, 2024 CryptoExpert

A Democratic mega-donor is leaving a top crypto Super PAC over the group’s plan to defeat a Democratic Senator. Ron Conway told other donors in an email that he disagreed with Fairshake, the best-funded crypto […]

ETH ETF Soon? Asset Managers Amend Spot Ethereum ETF Filings, Removing Staking Provisions
Ethereum

Ethereum’s V-Shaped Recovery: Breaking Down the Bull Case

August 19, 2024 CryptoExpert

TLDR Ethereum price recently increased above $2,650 A potential breakout towards $3,000 is being discussed The price dropped from $3,500 but may be finding a bottom Exchange reserves show signs of accumulation Key resistance levels […]

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  • Ethereum Pullbacks Are Only Being Viewed as Buying Opportunities, On-Chain Data Shows
  • Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions
  • Harvard Offloads Entire $87M ETH Position
  • DeFi Hacks Shake Institutional Confidence as Risks Outpace Yields
  • Ethereum Foundation Faces Heat After Feist’s $1B Proposal
  • Boerse Stuttgart, Societe Generale, flatexDEGIRO Join Forces for EU Blockchain Securities Settlement
  • Ethereum Price Risks Falling to $1K Next, Analysts Warn
  • Bankr Disables Transactions After Hacker Accessed 14 Crypto Wallets
  • Ethereum Foundation Faces Rising Wave of Departures
  • Pump.fun Drives Over a Third of Solana’s Q1 Revenue Despite Memecoin Slowdown
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