As per the provisional agreement struck between the European Union Council and Parliament, crypto asset service providers will be obliged to verify facts and information on users whose transactions exceed $ 1,090. According to the Belgian Finance Minister, the new requirements will “ensure that fraudsters, organised crime and terrorists will have no space left …
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $ 35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously, Ethereum maintained a deflationary stance, primarily due to the London …
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July 29. Ether Held in Liquid Staking Jumps From 10.65 […]