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ForkLog 33 12.02.2024

Chinese Miners Relocate to Ethiopia, Bloomberg Reports

Chinese miners are increasingly choosing Ethiopia as their next hub for operations, following Iran and Kazakhstan, according to Bloomberg. The African nation has banned cryptocurrency trading but approved mining since 2022. According to the publication, 19 out of 21 companies that have agreements with the state energy monopoly Ethiopian Electric Power (EEP) are Chinese. After […]

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ForkLog 16 09.02.2024

Security Concerns Arise Over ERC-404 Tokens

ERC-404 tokens are gaining popularity, yet crypto developers have pointed out security risks associated with this experimental standard, which has not yet undergone an audit. How ERC-404 Works The standard is a hybrid implementation of ERC-20/ERC-721, where purchasing a coin also automatically generates an NFT in the wallet. It allows ownership of a fractional part […]

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ForkLog 14 09.02.2024

Ripple Predicts Significant Shifts in Cryptocurrency Market Structure

The year 2024 is anticipated to be a period of potential large-scale changes in the cryptocurrency market structure, driven by institutional demand, according to Ripple’s quarterly report. Our latest XRP Markets Report is live — detailing Q4 events in crypto that brought important topics such as compliance and anti-money laundering to the forefront, key regulatory […]

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ForkLog 20 09.02.2024

OpenAI Develops ‘ChatGPT for Devices’

OpenAI is developing a system of autonomous AI assistants. The startup’s annual revenue exceeded $2 billion. Google launched an enhanced paid version of Gemini Advanced. OpenAI is working on a system of autonomous AI assistants capable of managing a user’s device to perform specific tasks, according to sources cited by The Information. This initiative marks […]

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ForkLog 8 08.02.2024

BlackRock and Fidelity Bitcoin ETFs Surpass GBTC in Liquidity

Bitcoin ETFs from BlackRock and Fidelity have outpaced GBTC in two liquidity metrics. Net inflow into spot exchange-traded products based on digital gold continued for the ninth consecutive day. IBIT entered the top 5 ETFs by inflows since the beginning of the year. Spot Bitcoin ETFs from BlackRock and Fidelity have surpassed GBTC in two […]

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ForkLog 16 08.02.2024

Experts Identify Cause of Solana’s Recurring Outages

The inability of the network to handle a growing volume of transactions is the reason behind Solana’s recurring outages, according to a team of experts led by journalist Colin Wu. Solana Outages Again After a Year: Review the Historical Outage Records Read more https://t.co/h3OHHvoQLm pic.twitter.com/i2uQbpg1iB — Wu Blockchain (@WuBlockchain) February 7, 2024 On February 6, […]

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ForkLog 9 08.02.2024

Ethereum Staking Reaches 25% of Supply

The total value of locked ETH has reached $72 billion. Demand for staking surged significantly after the Shapella upgrade, which enabled validators to withdraw funds. Despite high market participant activity, Ethereum lags behind many other ecosystems in terms of the proportion of locked coins. Approximately a quarter of the supply of the second-largest cryptocurrency by […]

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ForkLog 7 08.02.2024

ARK Invest Proposes Boosting Ethereum ETF Returns Through Staking

ARK Invest and 21Shares have proposed that the SEC approve the use of staking in a spot Ethereum ETF. The options market indicates increased expectations for product approval in May and growing uncertainty due to the Fed’s policies. On February 7, ARK Invest and 21Shares submitted an updated application for the launch of a spot […]

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ForkLog 10 07.02.2024

Bluesky Opens to the Public: Inside Jack Dorsey’s Decentralized Social Network

On February 6th, Bluesky, a decentralized alternative to the social network X, backed by Twitter co-founder and former CEO Jack Dorsey, opened to the public following a beta test involving over 3 million users. You can now sign up for Bluesky without an invite! ?https://t.co/rUyMjYVEkt pic.twitter.com/PaT4Z6hJnu — bluesky (@bluesky) February 6, 2024 “When you enter […]

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ForkLog 16 07.02.2024

SEC Establishes Oversight Rules for DeFi ‘Dealers’

The regulator has adopted amendments requiring DeFi sector participants to register as dealers. Many crypto players and officials have met the SEC amendments with criticism and confusion. The U.S. Securities and Exchange Commission (SEC) expanded the definition of a “dealer,” bringing more financial operations, including those involving cryptocurrencies, under its jurisdiction. Three out of five […]

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ForkLog 20 07.02.2024

opBNB Overtakes Arbitrum in Transaction Volume

opBNB, developed by BNB Chain, has surpassed Arbitrum in total transactions among Layer 2 networks, according to calculations by Coin98 Analytics. #Layer2 Monthly Report | January 2024Key Takeaways: — #Optimism maintains lead in total addresses — #opBNB surpasses #Arbitrum in total transactions— #MantaPacific surpasses Base, securing 4th position with over $461M in TVL— #Base leads […]

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ForkLog 22 06.02.2024

Europe Leads Ethereum ETF Market with 81% Share

Europe and Canada account for nearly 98% of the $5.7 billion Ethereum ETF market. The introduction of spot ETFs in the US could significantly alter the landscape. Amidst expectations for the approval of spot Ethereum ETFs in the US, CoinGecko experts have examined the global market for such products, revealing the dominance of Europe and […]

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