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What are Hardware Wallets?
Hardware wallets are a type of cryptocurrency wallet that provides an extra layer of security for storing and managing digital assets, such as Bitcoin and other cryptocurrencies. Unlike software wallets that are stored on a computer or mobile device and are...
Optimism surpasses Arbitrum in daily transactions for the first time since January 2023
Key Points On July 27, Optimism logged 944,000 daily transactions surpassing its competitor, Arbitrum, which registered 660,000 transactions. Cooperation with Worldcoin and the recent Bedrock update is credited for the rise in daily transaction volume. Optimism...
Efforts towards global crypto regulatory standards advance as UK and Singapore join hands
Key Points UK and Singapore to continue working together on developing global crypto regulatory standards MAS has asked the UK to consider raising digital currency spending caps The UK and Singapore have led in showcasing the possibility of global crypto regulatory...
Ethereum dominates DeFi Total Value Locked by 71% over the past 30 days
Ethereum has outperformed TRON and BNB Chain in DeFi Total Value Locked, taking a 71% market share, while the two follow closely with 6.4% and 5.6%, respectively. In total, the whole market had a slight dip of 0.8%.
Grayscale urges SEC to approve all Bitcoin ETFs simultaneously
Grayscale, a Bitcoin ETF applicant, has asked the US SEC to consider approving all Bitcoin ETFs simultaneously to ensure no company has an advantage over the other as competition grows.
PacWest Bancorp stocks flash crash recover after a rescue merger with Banc of California
Key Points PacWest Bancorp shares have recovered after Bank of California struck a rescue merger deal. The bank's shares had crashed 27% in hours, slumping from $10.33 to $7.50 on July 25 PacWest Bancorp has been saved from becoming the latest bank to crash in a...