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Home2023July

Month: July 2023

Blockchain

Vitalik Buterin shares account abstraction challenges in Ethereum: EthCC

July 18, 2023 CryptoExpert

While account abstraction is perceived to be a catalyst that could onboard a billion users to Ethereum, its co-founder Vitalik Buterin shared some challenges in implementing the new feature on the blockchain. Speaking on July 18 […]

Why is Dogecoin price down today?
Altcoin

Why is Dogecoin price down today?

July 18, 2023 CryptoExpert

The price of Dogecoin (DOGE) is down today, mirroring the trend elsewhere in the cryptocurrency market. Elon Musk triggers DOGE profit-taking On July 18, DOGE price fell 1.75% to $0.068, slightly underperforming the rest of […]

Bitcoin halving may push miners’ net profit into negative territory
Mining

Bitcoin miner revenue stabilizes as Inscriptions demand wanes

July 18, 2023 CryptoExpert

Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in the crypto space. The popularity of Inscriptions can be attributed to their novelty […]

EU stays on top of Web3 with metaverse, AI and crypto strategies
Regulation

EU stays on top of Web3 with metaverse, AI and crypto strategies

July 18, 2023 CryptoExpert

The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies.  It has been a leader in establishing clear crypto regulations with its long-awaited Markets in Crypto-Assets (MiCA) framework signed […]

New Report Reveals State of CBDC Adoption in Latin America
Technology

Latin America at the Forefront of CBDC Adoption: IMF Report 2023

July 18, 2023 CryptoExpert

As digital currencies continue to rise in global interest, Latin America and the Caribbean (LAC) have emerged as leaders in adopting Central Bank Digital Currencies (CBDCs). A new report outlines the state of CBDC adoption […]

SEC's Approval of Riskier Bitcoin ETF Draws Criticism from Grayscale
Business

SEC Takes Valkyrie’s Spot Bitcoin ETF Proposal Under Consideration

July 18, 2023 CryptoExpert

Share this article The Securities and Exchange Commission (SEC) has incorporated Valkyrie’s spot Bitcoin exchange-traded fund (ETF) proposal into its formal review process. This is the most recent spot Bitcoin ETF proposal from Valkyrie, filed […]

LEND Finance announces exclusive integration with LayerZero
Market Analysis

LEND Finance announces exclusive integration with LayerZero

July 18, 2023 CryptoExpert

Users can leverage LayerZero’s Ultra Light Nodes (ULNs) to lend assets across any blockchain. The integration also means borrowing and lending on LEND Finance is easy and cost-effective, all with single click capability. LEND Finance […]

US Stablecoin Bill Pushed Back a Week: A Turn for Crypto Regulation in America?
Politics

US Stablecoin Bill Hits Pause: New Delay Sparks Criticism

July 18, 2023 CryptoExpert

The House Financial Services Committee’s decision to delay a vote on stablecoin and crypto trading legislation by a week has caused a stir. Previously scheduled for July 17, the rescheduling to July 26 marks another […]

Arcadia Finance Hit by $455K Exploit on Both Ethereum, Optimism Networks
NFT

Arcadia Finance Hit by $455K Exploit on Both Ethereum, Optimism Networks

July 18, 2023 CryptoExpert

Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that it is working with security […]

Multichain Failure Hits Fantom DeFi: Assets Depeg Amid TVL Decline
Business

Fantom DeFi TVL Drops Following Exposure to Multichain

July 18, 2023 CryptoExpert

The cross-chain protocol Multichain experienced a major setback that has significantly disrupted decentralized finance (DeFi) activities on Fantom. Since the onset of Multichain’s issue in May, Fantom Foundation has been striving to reassure users about […]

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