Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly and secure. Derec Alliance Forms to Enhance Blockchain Recovery Solutions The Derec […]
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $ 62,279, bitcoin has shown a 24-hour range between $ 61,994 and $ 63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs …
Bitcoin Climbs Above $70,000, Marking a Stellar Recovery
Vitalik Buterin Unveils ‘Rainbow Staking’ and a ‘Recovery Hard Fork’ at ETHTaipei
During the ETHTaipei 2024 event in Taiwan, Ethereum founder Vitalik Buterin introduced “rainbow staking,” a new conceptual framework designed to allow protocol service providers to engage in a differentiated menu of protocol services. Rainbow staking aims to enhance the economic value and participation of solo stakers by integrating various protocol services in a more plug-and-play […]
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $ 1.8 billion in assets set to be returned. Potential Full Crypto Asset …