In the midst of a challenging market landscape, DWF Labs, a prominent Web3 market maker and investment firm, has set forth ambitious goals for ongoing growth and innovation. Despite the obstacles presented by the current market conditions, DWF Labs has remained steadfast in its commitment to progress. The recent launch of their new website marks
Bitcoin, the leading cryptocurrency, recently experienced a halt in its upward momentum as the price dropped from its climb towards $60,000 to just over $58,000 after a minor retracement in the past day. This retracement comes after a period of recovery following a significant drop to a multi-month low of just under $54,000. The pressure
Recently, wallets linked to the CoinStats exploiter made a significant move by transferring almost $1 million in Ether to the controversial crypto mixing protocol Tornado Cash. This action comes shortly after CertiK, a blockchain security firm, identified two wallets connected to the CoinStats exploit in June moving a total of 311 ETH to Tornado Cash.
In a recent turn of events, popular Canadian musician and actor, Drake, lost a significant Bitcoin bet after Canada was defeated by Argentina in the Copa America semi-final. Drake had bet a whopping $300,000 worth of Bitcoin on his home country to beat Argentina in the match. This loss adds to a long list of
An Ethereum whale has recently sent shockwaves throughout the community with a significant transaction pointing towards a potential offloading of their holdings. The transfer of 11,215 ETH ($34.3 million) to Coinbase has raised concerns among traders, as such large moves often lead to price volatility in the market. Despite the fear sparked by the whale’s
Binance, the world’s largest cryptocurrency exchange, recently announced that it will be suspending deposits and withdrawals for approximately one hour on July 17th. This decision is a part of a scheduled wallet maintenance process. Despite this temporary setback, trading services will remain unaffected. It is essential to note that Binance will not provide any further
Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), recently expressed openness to the idea of the agency serving as a primary regulator for cryptocurrencies. During a Senate Agriculture Committee hearing focused on digital commodities oversight, Behnam discussed the agency’s capacity to take on a more central role in regulating the crypto market. Senator
The establishment of the Blockchain Security Standards Council (BSSC) by Kraken, along with other major industry players, marks a significant step towards enhancing security within the crypto sector. The BSSC aims to create uniform security standards across the industry to address pressing security threats such as fraud, nation-state cyberattacks, and protocol exploitation. By developing consensus-driven
ShardLab, the blockchain arm of global Web3 venture capital firm Hashed, has recently unveiled a groundbreaking web application that aims to simplify decentralized identity (DiD) and NFT voucher distribution. Integrating cutting-edge technologies such as account abstraction (AA) and zero-knowledge proofs (ZK), this app is poised to revolutionize the way we approach everyday transactions in the
The world of cryptocurrency has been buzzing with excitement as Ethereum 2.0 staking experiences a surge in participation. A major milestone has recently been reached with the deposit contract for staking Ethereum on the Beacon Chain reaching an all-time high of 47.36 million ETH. This represents a significant increase from just two years ago when
