What Will Happen After The Expiration Of $4.8B Worth Of Ethereum Options?

A bunch of Bitcoin and Ethereum options contracts is nearing expiration. This can cause fluctuations in the value of the underlying assets. Interestingly, there’s been a significant change in the volume of derivatives trading. Ethereum options trading has now surpassed Bitcoin options trading. This month, 37,000 Bitcoin options with a notional value of just over …

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Cardano’s Plan To Become A Leading Ethereum VM Chain Within A Month – Explained

News / By John Williams

Cardano (ADA) has been grabbing the attention of many investors lately, as its price surged by 13.5% in just the last seven days. But the good news doesn’t stop there. The developers at Milkomeda Foundation have some exciting plans for this layer-1 blockchain that could propel the price rally even further. According to Sebastien Guillemot, …

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The Founder Of CryptoLaw Provides An Explanation As To Why $XRP And $ETH Are Not Considered Securities

News / By Jessica Baker

John Deaton, a reputable attorney with a keen interest in the ongoing lawsuit between the U.S. SEC and Ripple, has voiced his opinion on why both $XRP and $ETH should not be classified as securities. As the Managing Partner of Deaton Law Firm and founder of CryptoLaw – a website dedicated to tracking legal and …

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The Euler Hacker Has Returned $31 Million, Signaling The Exhaustion Of Recoverable Funds In The Defi Exploit

News / By John Williams

The person responsible for hacking and stealing funds from Euler Finance, a decentralized lending project, has returned the remaining $31 million, effectively ending the project’s recovery efforts. On Monday, at around 6:55 pm EST, the hacker sent back $31 million, which included 10,580 ETH ($19 million) and $12 million in DAI, through three transactions. This …

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Over $25 Million Is Lost By Ethereum MEV Bots In A Sophisticated Attack

News / By Mark Davis

A group of blockchain bots working to generate revenue through maximal extractable value (MEV) suffered a significant loss of over $25 million due to a highly advanced exploit. MEV bots function akin to high-frequency traders in the blockchain world. They leverage the speed and intricacies of blockchain technology to seize arbitrage opportunities. However, this often …

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BNB Hacker Becomes The Fourth-Largest Holder Of Rocket Pool’s rETH

News, Technology / By Mark Davis

PeckShield, a blockchain security company, recently reported that a BNB bridge exploiter had moved a substantial amount of cryptocurrency to a new wallet, 0x5313. This move has made the account the fourth largest rETH whale of Rocket Pool. The report stated that the transferred assets include 43,228 stETH, valued at around $70 million, 1,679 rETH …

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The Gigantic Bank In Russia, Sber Announces Ethereum And Its Compatibility And Few Words About MetaMask Integration

News, Policy / By Mark Davis

Sber, Russia’s largest bank, has declared openly about the compatibility of the bank with Ethereum on the proprietary blockchain platform. In a recent press release, Sber bank announced its new capabilities on an open blockchain platform. The Russian government is 51℅ shareholders of the bank stakes. At the first international blockchain industry participants meeting, an …

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CFTC Chairman Mindset Get Changed Related To Ethereum

News, Policy / By Mark Davis

Rostin Benham’s position changes for crypto commodities. After years of contending, his entities come to be equal to that of Gary Gensler. CFTC chairman Rostin Benham has stepped back from assertions mentioned earlier that Ether (ETH) and additional altcoins would tumble under his agency. Uttering the forthcoming rule or decree of crypto, heeding that Bitcoin …

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Belgium claims that Bitcoin, Ethereum, and other decentralised coins are not securities

News / By Chloe Roberts

Gary Gensler, the chairman of the U.S. Securities Exchange Commission, disagrees with Belgium’s perspective on the requirements that must be completed for a cryptocurrency asset to be classified as a security.The financial regulatory agency for Belgium has reiterated its stance that cryptocurrencies issued entirely through computer code, such as Ether ETH tickers down $1,186, Bitcoin …

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R. Kiyosaki Claims He Is &Quot;Still Bullish&Quot; About Bitcoin And Ethereum

Despite the FTX crisis, “Rich Dad” R. Kiyosaki claims he is “still bullish” about Bitcoin and Ethereum

News / By Emily Carter

Why in News? The author of “Rich Dad, Poor Dad,” a book about personal finance, Robert Kiyosaki, is still positive about the highest-ranked crypto-assets by market valuation. Even if the cryptocurrency sector is still suffering from the severe crisis that resulted from the crypto trading site FTX. As he stated in his recent interview with …

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