In a significant move for the Ethereum ecosystem, the Eigen Foundation has committed to allocating 1% of its EIGEN token supply to the Protocol Guild. This decision underscores the Foundation’s intent to bolster research and development initiatives tailored to Ethereum Layer 1. By intertwining their mission with that of the Protocol Guild, Eigen aims to
In a remarkable turn of events, GateToken, the official cryptocurrency of the Gate.io exchange, has achieved an all-time high of $13.79, even amid swirling rumors regarding a potential security breach. Just after its peak, the value slightly retraced to $13.29, but the spike reflects a growing confidence in the asset, indicating that market sentiment may
In a striking turn of events, Chainlink (LINK) has broken above the $29 threshold for the first time in 37 months, marking a pivotal moment for investors and enthusiasts alike. This significant increase in value—coupled with a robust 21% growth over the past week—positions LINK as one of the standout performers among alternative cryptocurrencies. Investors
Italy’s approach to cryptocurrency taxation has come under the microscope, especially following the government’s announcement of a steep tax hike on crypto capital gains as part of the 2025 budget proposals. Initially, policymakers sought to raise the tax rate from 26% to a staggering 42%, intending to bolster government revenues amid challenging economic conditions. However,
In a remarkable evolution within the crypto ecosystem, Ethereum has solidified its position as the predominant blockchain for Tether’s USDT, surpassing its previous leader, Tron. This transition marks a pivotal moment for stablecoins, particularly in how they interact with decentralized finance (DeFi) and broader financial ecosystems. The implications of this shift extend beyond mere metrics,
The landscape of technology is shifting dramatically as Web3—an evolution fueled by blockchain, NFTs, and decentralized finance—gains traction across the globe. The latest ConsenSys Web3 Survey, conducted in partnership with YouGov, offers illuminating insights into how individuals from diverse regions are interacting with these cutting-edge technologies. Covering responses from over 18,000 participants across 18 countries
Ethereum’s price action has been encapsulated within a critical trading range of $3,500 to $4,000, representing a key battleground for market participants. Recently, the cryptocurrency found support around the lower end of this range at $3,500. Following this, bullish sentiment sparked a renewed effort to approach the upper resistance level at $4,000. This price range
In an era marked by rapid digital asset evolution, Binance has notably distinguished itself as the foremost cryptocurrency exchange. A recent report from December 12, 2024, highlighted that the platform secured an astounding $21.6 billion in customer deposits. This significant figure not only places Binance at the forefront of the crypto exchange market but also
The landscape of online gaming is undergoing transformative changes, especially as platforms explore new methods for engaging their communities. One such example is Hamster Kombat, which has recently embraced Decentralized Autonomous Organization (DAO) functionality aimed at revitalizing player trust and enhancing community involvement. By delegating decision-making powers to HMSTR token holders, Hamster Kombat sets a
In recent years, governments around the world have placed increased scrutiny on financial institutions to ensure that they operate within the boundaries of the law. The Australian Securities and Investments Commission (ASIC) plays a crucial role in this regulatory landscape, aiming to protect consumers and maintain the integrity of financial markets. A recent case involving