Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in recent days, citing security […]
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company could reach the 5% goal within six weeks at its current pace. BitMine held 5.18 […]
Blockchain layer-2 (L2) network Polygon reduced its average block time by 250 milliseconds to 1.75 seconds, marking its first block-time reduction since genesis as the network pushes deeper into stablecoin payments and settlement infrastructure. Polygonscan […]
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400. Key takeaways: Accumulation addresses absorbed about $592 million in […]
Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country […]
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The company now holds roughly 4.29% of Ethereum’s outstanding supply and maintains total crypto and cash […]
Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that it says is purpose-built for institutional lending. The Microsoft-backed blockchain said on Tuesday that its […]
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North […]
Australia’s future account-to-account (A2A) payment systems may need to adapt if tokenized forms of money gain broader use, including stablecoins and tokenized liabilities, according to a draft vision for the country’s domestic payment rails. The […]
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will grow by more than 3x, with a further doubling expected shortly after. ETH mainnet gas […]
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