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In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet. According to the blockchain data tracker Whale Alert, “19,037 ETH worth $53,538,431 transferred from Coinbase to an unknown new wallet.”…

Fuse Network and QuickNode, a leading provider of Web3 infrastructure, have partnered to create a layer-2 (L2) network for business applications. The Polygon Chain Development Kit (CDK) and QuickNode Rollups were used in the creation of this project, which attempts to improve blockchain efficiency and scalability, especially for payment solutions.  The partnership combines the modular rollup…

With the asset recently printing a higher low on the charts, Stellar is displaying early indications of a possible trend reversal. This might suggest that buyers are gradually taking over to counteract pressure from sellers. Declining volume levels, however, indicate that bullish momentum is not yet fully confirmed, so caution is still required.  XLM has…

Flare, in collaboration with Google Cloud, will host the Verifiable AI Hackathon at UC Berkeley from March 7 to 9, focusing on verifiable offchain computing for AI-driven Web3 applications. The event will feature a $100,000 prize pool, with $60,000 allocated for in-person participants at California Memorial Stadium and $40,000 for virtual competitors. Related The hackathon…

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Markets rarely move in straight lines, and Feb. 4 was a case in point. Spot Bitcoin ETFs collectively pulled in $341 million, and BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $249 million. Spot Ethereum ETFs? They totaled $308 million in net inflows, marking four consecutive days of positive momentum, according to SoSoValue. Just a day earlier,…

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…

According to a recent report by the New York Times, the U.S. Securities and Exchange Commission is on track to substantially cut down its cryptocurrency enforcement efforts.  The approximately 50-strong unit, which is dedicated to bringing lawsuits against crypto industry players, is being reduced.  There has already been a significant shakeup within the unit, with one…

The XRP Ledger recently experienced a significant technical failure, halting block production for roughly an hour.  According to Ripple CTO David Schwartz, the network is currently recovering.  Schwartz has added that it is not clear what exactly caused the severe technical failure, but he believes that the network drifted apart due to validators not being published….