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Ethereum
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short…
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Casa launches multisignature Ethereum self-custody vault
Cryptocurrency self-custody platform Casa has rolled out support for Ether (ETH) storage, touting its support for multisignature Bitcoin (BTC) and ETH self-storage as a first in the industry.Since its inception in 2016, Casa has promoted…
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Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today.
The crypto exchange has also…
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Web3 usernames may see greater adoption due to recent advancements
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For…
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Ethereum developers consider raising validator limit from 32 ETH
Ethereum Foundation researcher Michael Neuder outlined the proposal during a core developer meeting.
The proposal seeks…
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Ethereum validators may have to stake 64X more ETH, devs discuss
Ethereum core developers plan to implement a 64-fold increase in the minimum amount of staked Ether (ETH) required to become a validator, from 32 ETH to 2048 ETH.The proposal was made during a June 15 Ethereum core developer consensus…
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Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws.
Most of the outflows are…
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Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal
While the Arbitrum governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing…
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The Graph (GRT) starts final migration to Arbitrum
The Graph began its transition from Ethereum in 2022.
Arbitrum offers more scalability, low transaction costs and high…
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Crypto trading bot borrows $200M for a $3 gain
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking a $200 million flash loan — to secure a mere $3.24 profit. On June 14, blockchain analysis firm…
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