The Solana network experienced a major outage on Feb. 6, 10:22 UTC and engineers from across the ecosystem are investigating an outage on mainnet-beta. Solana Mainnet-Beta is experiencing downtime in block production as block progression is currently halted, and core engineers and validators are actively investigating. The Solana Blockchain Explorer flashing a “major outage” on...Continue Reading

A report from Bitfinex suggests that miners are either selling Bitcoin holdings or leveraging coins to raise capital. The launch of Bitcoin exchange-traded funds (ETFs) in the United States has directly influenced miners’ BTC reserves, with more than $1 billion of BTC flowing from miner wallets to exchanges in the first 48 hours of trading....Continue Reading

Wallet addresses linked to the collapsed FTX exchange and Alameda Research moved at least $38.8 million in digital assets to exchanges in 2024. Crypto wallets linked to the defunct FTX exchange and its sister company, Alameda Research, have sent over $38.8 million in digital assets to numerous crypto exchanges since January 2024.  According to data...Continue Reading

South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update. South Korean prosecutors have arrested several executives of the troubled cryptocurrency yield platform Haru Invest, which suspended withdrawals in June 2023. The virtual asset crime investigation unit of the Seoul Southern District...Continue Reading

Grayscale’s CEO said options are good for investors as they help with price discovery and navigating the market. In an X post on Feb. 5, Grayscale CEO Michael Sonnenshein advocated for regulators to approve exchange-listed options for spot Bitcoin exchange-traded funds (ETFs). He argued that options are good for investors as they support “price discovery and...Continue Reading

Binance co-founder Yi He said the crypto exchange is offering $10,000 to $5 million for information that verifies corrupt employees. Crypto exchange Binance has launched a $5 million bounty for information on potentially corrupt staff members after a spate of accusations alleged its crypto token listing could be front-run due to leaks. In a series...Continue Reading

Nayib Bukele may have just won another five years of presidency, but El Salvador’s Bitcoin experiment is going to need more than that. El Salvador’s lofty ambition to lead the world in Bitcoin adoption may require more than the re-election of its Bitcoin-loving president Nayib Bukele, according to merchants and Bitcoin enthusiasts on the ground....Continue Reading

EigenLayer’s TVL surged 43% after the protocol announced it had removed its staking caps for the next three days. Ethereum-based liquid restaking protocol Eigenlayer’s total-value locked (TVL) hassurged by a staggering $1 billion in just eight hours after the protocol temporarily removed its staking cap.  On Feb. 5, EigenLayer announced that it would temporarily raise...Continue Reading

The solutions floated by Buterin and the Ethereum Foundation revolve around increasing the cost of calldata and raising block gas limits. Ethereum co-founder Vitalik Buterin and the Ethereum Foundation are considering at least five ways to reduce Ethereum’s maximum block size in hopes to optimize the blockchain for the “rollup-centric roadmap.” On Feb. 5, Buterin...Continue Reading

The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge. A new service claiming to use artificial intelligence “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple...Continue Reading