Base Resumes Block Production After 2-Hour Outage
Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.Base posted to X on Thursday after the outage that the…
BlackRock Sends $217M in Bitcoin and Ethereum to Coinbase Prime
TLDR
BlackRock transferred 3,410 BTC and 5,132 ETH to Coinbase Prime.
The combined value of the transfers reached approximately $217 million.
Bitcoin transfers accounted for about $209.64 million of the total value.
Ethereum…
Examining if STABLE’s uptrend is sustainable after its latest 5% price hike
While the broader crypto market has shown significant weakness, STABLE has consistently held up. As the market crashed on 24th June, STABLE defended the $0.33-support and climbed to a local high of $0.365.
At the time of writing, STABLE…
South Korean Authorities Fine Bithumb $136K over Sharing User Information Overseas
South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country's Personal…
Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?
For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive…
Base Network Stalls After Invalid Block Freezes Sequencer
Key TakeawaysBase mainnet block production stalled for nearly 2 hours on June 25 after block #47,806,542 caused a consensus failure.Coinbase’s Base team confirmed all funds are safe, with sequencing restored by 17:51 UTC and monitoring…
Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs
Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether…
Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets.
Cryptocurrency mining profitability remains…
Sahara AI surges: Can its price recovery survive a 1.03B token unlock?
Sahara AI was up around 21% at press time, as the AI token attempted to recover following its early sharp price crash. The daily trading volume has increased by 342%, surpassing $124 million.
Here’s what caused this price surge after…
Emergency Action as Magic Internet Money (MIM) Depegs 50%
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…