News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
The latest price moves in crypto markets in context for July 18, 2023.
Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit's tokenized Community Points, one observer said while explaining the price rally.
VIPLeading projects on Optimism
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.
Ripple's XRP, Solana's SOL and Lido Finance's LDO lost more than 4% in the last 24 hours.
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.
- 04:52Chainlink has launched a payment abstraction system on the Ethereum mainnet, converting SVR fees to LINK through UniswapPANews reported on April 1st, according to The Defiant, Chainlink has launched its payment abstraction system on the Ethereum mainnet. This allows users to pay for Chainlink services with various assets (such as GAS tokens and stablecoins), which will automatically be converted into LINK via Uniswap. The system aims to reduce payment friction and enhance user experience within the Chainlink network. The initial application of the payment abstraction system is in conjunction with Chainlink's Smart Value Recapture (SVR). Network fees generated by SVR (including usage from Aave) will be converted into LINK. As the first user of Chainlink SVR, Aave will enjoy a six-month discount and receive 65% of the maximum extractable value (MEV) recaptured at a ratio of 65/35, where 65% goes to the Aave community and 35% goes to the Chainlink ecosystem. Chainlink SVR fees were initially used to pay oracle rewards for existing node operators. Once nodes providing power for SVR service are secured through Chainlink staking, these fees will be transferred to LINK stakeholders. This move is part of Chainlink's strategy aimed at enhancing its network's economic sustainability and establishing LINK as a universal GAS token.
- 04:51Ethereum transaction fees have dropped to their lowest level since mid-2020PANews reported on April 1st, according to Cointelegraph, Ethereum transaction fees have dropped to their lowest level since mid-2020.
- 04:42Data: TRON's total transactions break through 10 billionChainCatcher reports, according to the latest data from TRONSCAN, the total number of transactions on TRON has officially exceeded 10 billion, reaching 10,002,333,696. Currently, the total number of TRON accounts has reached 297 million and the Total Value Locked (TVL) exceeds $19.7 billion USD.