Ethereum Is More Than Just “Crypto”

Table of Links Abstract and 1. Introduction Bitcoin and the Blockchain 2.1 The Origins 2.2 Bitcoin in a nutshell 2.3 Basic Concepts Crypto Exchanges Source of Value of crypto assets and Bootstrapping Initial Coin Offerings Airdrops Ethereum 7.1 Proof-of-Stake based consensus in Ethereum 7.2 Smart Contracts 7.3 Tokens 7.4 Non-Fungible Tokens Decentralized Finance and 8.1 … Read more

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

ArbitrumDAO has unveiled season one of its $40 million DeFi Renaissance Incentive Program (DRIP), allocating up to 24 million ARB tokens to accelerate decentralized finance growth on the Arbitrum network. The first season of DRIP focuses on leveraged looping strategies for yield-bearing ETH and stablecoins, with incentives flowing to leading lending and borrowing protocols including … Read more

ECB President Lagarde Calls For Firm Safeguards on Foreign Stablecoins

European Central Bank (ECB) President Christine Lagarde urged European Union (EU) lawmakers to impose stringent requirements and safeguards on foreign stablecoins. Lagarde argued they should comply with the bloc’s regulatory standards before operating on EU soil, she said in a speech at a European Systemic Risk Board (ESRB) conference in Frankfurt on Wednesday. The ECB … Read more

Solowin Closes $350M AlloyX Deal to Expand Stablecoin Infrastructure in Emerging Markets

Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and technology as it aims to bolster its expansion into emerging markets. The Hong Kong-based financial firm said in a press release that the deal integrates AlloyX’s infrastructure, including a stablecoin … Read more

Utila Raises $22M, Triples in Valuation as Stablecoin Infrastructure Demand Surges

Crypto infrastructure provider Utila raised $22 million in its latest fundraising round nearly tripling its valuation in the last six six months, the firm told CoinDesk. The round was led by Red Dot Capital Partners with Nyca, Wing VC, DCG and Cerca Partners among investors also participating, extending the March Series A funding round to … Read more

Crypto Markets Today: Bitcoin Languishes at $111K as Altcoins Continue to Outperform

Bitcoin (BTC) is trading in a tight range around $111,000 having lost 2.9% of its value over the past 30 days. Bitcoin dominance has slipped from 61% to 57% in same period, indicating a bullish outlook for altcoins, coinciding with a slew of crypto treasury companies adoption altcoin accumulation strategies. Ether (ETH), up 1.1% since … Read more

Digital Asset Trading Giant Bybit Brings Crypto-Linked Debit Card to Europe

Bybit, one of the world’s largest cryptocurrency exchanges, has launched its debit card across the European Economic Area (EEA), offering users a way to spend digital assets at merchants connected to the Mastercard payment network. Bybit EU’s card supports spending in bitcoin, USDC and other cryptocurrencies and allows users to link the card to Apple … Read more

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release. Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable … Read more

Bitcoin’s Old Guard Still Growing Despite Whale Selling

Glassnode’s HODL Waves visualize the distribution of bitcoin (BTC) supply across different age bands. Each colored band represents the percentage of BTC last moved within the time frame shown in the legend. The recent narrative around bitcoin’s declining price has focused on OG whales (long-time holders with large balances) selling their coins. This is partly … Read more