Author: Kryptonews
Zebec Network’s native token, ZBCN, has surged nearly 300% over the past month. Despite a recent 27.2% price correction following its record peak, the project’s momentum remains strong. The rally is driven by a combination of community growth, strategic acquisitions, and potential high-profile partnerships. Zebec Network (ZBCN) Surges 300% For context, Zebec Network is a decentralized finance (DeFi) protocol that enables continuous and real-time payments through blockchain technology. The network has strong financial backing, having raised $46 million from prominent investors. CryptoRank data revealed that some investors include Circle, Coinbase Ventures, Solana Ventures, and Alameda Research. Its governance and utility…
Congressman Brandon Gill (R-TX) is under scrutiny for allegedly improperly disclosing Bitcoin purchases of up to $500,000, according to a June 3 report from Open Secrets.Brandon Gill Under Fire for Bitcoin DisclosuresAccording to the article, Gill made two different purchases of Bitcoin between $100,001 and $250,000 on January 29 and February 27.The report alleges that Gill failed to appropriately divulge both transactions until after a 45-day disclosure deadline required by the Stop Trading on Congressional Knowledge Act (STOCK), based on a periodic transaction report signed by the freshman politician on May 30. BREAKING: A US politician has disclosed large buys…
Bitcoin savings plans are gaining traction as more people look for ways to grow their digital assets. But is storing your Bitcoin like a savings account a good idea for you? This article explores the pros, cons, and different options available, helping you decide if a Bitcoin savings strategy aligns with your financial goals. Understanding Bitcoin’s Potential as a Savings Tool Historically, Bitcoin’s primary role has been a decentralized currency or a speculative investment. However, with increasing adoption and the maturation of the cryptocurrency ecosystem, Bitcoin savings accounts are becoming a recognized method of accumulating wealth. The underlying argument rests…
Arbitrum gained $381 million in stablecoin inflows over the last week, while Ethereum lost $374 million. Stablecoin users are increasingly flipping out of Ethereum (ETH) and into faster, cheaper layer-2 chains. For the week ending June 2, Ethereum’s layer-2 network, Arbitrum (ARB), led all top chains in stablecoin inflows. The network recorded $381 million in inflows, while Ethereum saw $374 million in outflows. $381M into Arbitrum.🔩 $374M out of Ethereum.In just 7 days.👁️🗨️ More than stablecoin rotation this is risk-on capital choosing speed, incentives, and lower friction.If this trend holds, are we watching the early signs of an L2 liquidity…
The Long Road to Approval: A History of SEC & Bitcoin ETFs For years, Bitcoin exchange-traded funds (ETFs) have faced stiff resistance from the U.S. Securities and Exchange Commission (SEC). While ETFs tracking stocks, bonds, and even gold have thrived, crypto remained locked out—until recently. The SEC, once deeply skeptical of Bitcoin ETFs, has slowly warmed up to the idea, opening the door to several approved funds in 2023 and 2024. But what changed? Why the SEC Initially Rejected Crypto ETFs The SEC’s hesitation stemmed from several key concerns: Market Manipulation Risk: Given Bitcoin’s volatility and the solder regulatory oversight…
The trial between mega-collector Ron Perelman and a group of insurers began on Monday in New York Supreme Court, nearly seven years after a fire struck Perelman’s home in the Hamptons, costing him, per his argument, five paintings by Andy Warhol, Ed Ruscha, and Cy Twombly insured for a collective $400 million claim. In his initial court filings, Perelman claimed that the insurers refused to honor his 2020 claim for coverage on the five works—two by Andy Warhol, two by Ed Ruscha, and one by Cy Twombly—that were in his East Hampton home known as the Creeks during a 2018 fire. The insurance companies…
The leading cryptocurrency exchange, Coinbase, has announced the integration of 12 new digital assets, which can now be used as collateral for perpetual futures trading on Coinbase International Exchange & Coinbase Advanced. In the list of new eligible collateral, users will find new cryptocurrency support, including Aave, APT, ARB, CRV, FIL, ICP, INJ, JASMY, NEAR, OP, UNI, and VET. Collateral in future trading is the margin (funds or assets) you deposit to open and maintain a leveraged position. It acts as security to cover potential losses, which ensures you can meet your obligations. If the market moves against you, the…
Bitcoin and gold are often pitted against each other as potential safe-haven assets and stores of value. Both offer characteristics that appeal to investors seeking alternatives to traditional currencies and investments. However, they operate under fundamentally different principles and possess unique strengths and weaknesses. Understanding these distinctions is crucial for investors considering allocating capital to either asset. Scarcity: A Cornerstone Comparison A central argument for both Bitcoin and gold is their perceived scarcity. Gold’s scarcity stems from its finite supply within the Earth’s crust and the complexities involved in mining it. Bitcoin’s scarcity is hard-coded into its protocol; only 21…
Blockchain’s Next Big Thing: The Startups That Could 10x Your Investment Why Blockchain Startups Hold Massive Growth Potential Blockchain technology has moved beyond cryptocurrency speculation—today, it’s revolutionizing industries from finance to supply chain management. But the real opportunity for investors lies in startups that are building scalable, real-world applications on blockchain. These are the hidden gems with the potential to 10x returns—if you spot them early. Unlike mature tech giants with slow growth, blockchain startups operate in a hyper-growth space where innovation beats brand recognition. Companies like LayerZero Labs, Celestia, and Mysten Labs are already making waves, but there’s a…
The Ethereum Foundation (EF) exists to help the Ethereum ecosystem thrive, and there are still many discoveries to be made about what Ethereum can do for the world. That’s why we support individuals that have the potential to unlock parts of Ethereum’s story that are still unwritten. The Devcon Scholars Program provided support to make Devcon more accessible for 50 individuals whom we believed to have the potential to make a positive impact on Ethereum and its community, but who were unable to attend without financial assistance. The Program We chose individuals whose presence would enrich Devcon and the ecosystem.…
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