DoubleZero, a crypto infrastructure startup co-founded by Austin Federa, former director of the Solana Foundation, is rolling out a major update aimed at spreading Solana’s network more evenly around the world and making it faster in the process. On March 9, the company will launch “Phase II” of its DoubleZero delegation program, redirecting 2.4 million […]
Network News AXIOM EMPLOYEE ACCUSED OF INSIDE TRAINING BY ZACHXBT: Blockchain Detective ZachXBT said a senior employee at on-chain trading platform Axiom Exchange allegedly abused internal access to user data to track private wallets and potentially trade memecoins using inside information. In a thread posted on Axiom, founded in 2024 by Mist and Cal and
Blockchain detective ZachXBT alleges Axiom employee committed insider trading Read More »
Crypto markets are on the decline Thursday morning in the United States, quickly reversing yesterday’s strong gains. Just under $67,000, Bitcoin BTC$67,299.21 fell more than 4% after hitting $70,000 Wednesday evening. Ether (ETH) and solana (SOL) are showing similar declines. This sell-off comes alongside a 2% drop in the Nasdaq following Nvidia’s (NVDA) earnings last
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While the broader crypto market was higher on Wednesday, Bitcoin BTC$66,987.42 briefly plunged 30% to below $48,000 on decentralized perpetual exchange Lighter in a violent move that lasted seconds. The flash crash contrasted sharply with price action elsewhere. During the same session, bitcoin rose from below $64,000 to above $69,000, marking one of its strongest
A Florida man accused of running what is arguably the largest crypto-related Ponzi scheme, involving $328 million, has been arrested, federal prosecutors announced Wednesday. Christopher Alexander Delgado, 34, of Apopka, Florida, was arrested following a criminal complaint charging him with wire fraud and money laundering, according to the U.S. Attorney’s Office for the Middle District
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Ethereum co-founder Vitalik Buterin on Thursday laid out a roadmap for protecting the blockchain from the long-term risks posed by quantum computers – a move that comes shortly after the Ethereum Foundation created a dedicated post-quantum research team to study the issue. Although there are no quantum computers yet that can break modern cryptography, they
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Shares of MARA Holdings jumped 17% after the Bitcoin mining company announced a partnership with Starwood Capital Group on Thursday to build large data centers at its existing U.S. sites. The deal will convert certain MARA sites, many of which were originally developed for Bitcoin mining, into facilities serving cloud and artificial intelligence enterprise customers.
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The crypto industry’s stablecoin operations, such as the deal between issuer Circle and major exchange Coinbase, could come under serious pressure under the new set of stablecoin rules proposed by the US Office of the Comptroller of the Currency. Even as OCC chief Jonathan Gould testified before the U.S. Senate on Thursday on issues including
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The Ethereum Foundation’s new “Strawmap” reads, at first glance, like something only a protocol researcher could immediately understand. It’s dense, diagram-rich, and full of references to forks, zkEVMs, and data availability sampling. But behind the technical language lies a much simpler story: Ethereum — the second-largest blockchain with a market capitalization of more than $200
Real estate mogul Grant Cardone is preparing to tokenize his company’s $5 billion real estate portfolio, the latest real estate heavyweight to explore blockchain-based property. In an article on Thursday He added that the company aims to become a market leader in large-scale asset tokenization. Cardone Capital manages multifamily and commercial properties across the United
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