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Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

On Thursday, the firm moved a total of 291,000 ETH, worth $553 million, into staking contracts, according to a Dune Analytics chart by 21Shares. A total of 192,000 tokens were deposited into the Celsius staking pool, while 99,000 tokens...

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Warren’s alleged work with short-seller shows anti-crypto army heating up

Warren’s alleged work with short-seller shows anti-crypto army heating up

What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Street...

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Coinbase Derivatives Exchange Launches Bitcoin and Ether Futures

Coinbase Derivatives Exchange Launches Bitcoin and Ether Futures

Coinbase Derivatives Exchange, a derivatives platform linked to its namesake cryptocurrency exchange, will introduce Bitcoin and Ether futures contracts for institutional clients on June 5. Coinbase Bitcoin (BTI) and Coinbase Ether (ETI) futures contracts, sized 1 Bitcoin and 10...

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Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone, Celsius has...

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Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture

Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture

As rumors intensified, pseudonymous crypto sleuth ZachXBT shared ETH addresses linked to the Pixel Penguin NFT collection, showing that the contract had amassed nearly 61.6 ETH, or about $117,000. Two hours later, ZachXBT shared that 63.5 ETH, nearly $119,000,...

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Web3 developer Magic raises $52M in funding led by PayPal Ventures

Web3 developer Magic raises $52M in funding led by PayPal Ventures

On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by PayPal Ventures. The funding round also saw participation from venture firms Cherubic, Synchrony, KX, Northzone,...

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