Arbitrum’s sequencer stalled “during a significant surge in network traffic” according to posts across the network’s social media on Friday. “We are working to resolve as quickly as possible and will provide a post-mortem as soon as possible,” read a post on Arbitrum’s status webpage. Source link
A recent report has revealed an upcoming significant event that will see the expiration of a notable amount of Bitcoin (BTC) and Ethereum (ETH) options contracts. Bitcoin And Ethereum Options Contract Set To Expire Global options trading service platform Greeks.live, took to X (formerly Twitter) to share data regarding the expiration of the crypto assets. According to the platform, about 37,000 BTC options with a notional value of $1.58 billion are set to expire. In addition, Bitcoin’s current put-call ratio stands at 1.02 with a “Maxpain” point of $42,000. Meanwhile,…
Crypto community members have posted their responses to the Ledger Connect Kit exploit that affected multiple decentralized applications (DApps) across the Web3 space. On Dec. 14, a hacker attacked the front end of multiple DApps using Ledger’s connector. The exploiter breached major apps such as SushiSwap, Phantom and Revoke.cash and stole at least $484,000 in digital assets. Ledger announced that it had fixed the problem three hours after the initial reports about the attack. The firm’s CEO, Pascal Gauthier, said it was an isolated incident and noted that they are…
The Ethereum community has officially signed off on the ERC-3643 Ethereum Improvement Proposal (EIP), establishing it as a recognized standard for compliant tokenization of real-world assets (RWAs). According to a Dec. 15 announcement, the proposal reached its final status, meaning it has been formally reviewed, discussed and agreed upon within the Ethereum community. It’s a similar process to the way ERC-20 and other popular standards were established in the past. Ethereum Community Approves #ERC3643 as the First #Tokenization Standard We’re proud to announce that the ERC3643 standard has achieved ‘Final’ status…
At its core, bot copy trading enables users to replicate the precise trading bot settings and strategies of experienced “master” traders. Bybit has recently introduced an innovative automated trading system called bot copy trading. This new offering aims to simplify and enhance portfolio management for its extensive user base of over 20 million individuals. By integrating futures trading bots with copy trading features, Bybit provides advanced yet user-friendly tools for crypto investors at all skill levels. At its core, bot copy trading enables users to replicate the precise bot settings…
Financial services firm First Trust submitted the Bitcoin buffer filing ETF to the United States Securities and Exchange Commission on Dec. 14. The filing, Form N1, outlines the firm’s intention to introduce a new Bitcoin-linked product named the First Trust Bitcoin Buffer ETF. Exposure to Bitcoin’s performance According to the filing, the newly proposed fund will mirror the positive price returns of the Grayscale Bitcoin Trust or another exchange-traded product (ETP), offering exposure to Bitcoin’s performance before factoring in fees and expenses. First Trust just filed for a #Bitcoin Buffer ETF.…
intermediaries in the trading, settlement, and custody of those securities is unworkable,” the five-member commission concluded in its two-page response, which said the agency had given the request careful consideration. “The commission concludes that the requested rulemaking is currently unwarranted and denies the petition.” Source
Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector players to collaborate in addressing challenges. Citing a report by global management consulting firm McKinsey, Ripple presents…
Crypto expert Jason Appleton, better known as Crypto Crow in the crypto community, has provided an in-depth analysis of the Cardano (ADA) ecosystem. Based on his analysis, he predicts that the crypto token could hit unprecedented heights as he asserted his bullishness on ADA going into the bull market. Cardano Will Rise To $32 In a post shared on his X (formerly Twitter), Crypto Crow explained in an accompanying video why he believes ADA will rise to $32 in the bull market. According to him, this price level is attainable…
A study from two Europe-based nonprofits has found that Microsoft’s artificial intelligence (AI) Bing chatbot, now rebranded as Copilot, produces misleading results on election information and misquotes its sources. The study was released by AI Forensics and AlgorithmWatch on Dec. 15 and found that Bing’s AI chatbot gave wrong answers 30% of the time to basic questions regarding political elections in Germany and Switzerland. Inaccurate answers were on candidate information, polls, scandals and voting. It also produced inaccurate responses to questions about the 2024 presidential elections in the United States.…