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2026-06-24 23:09 1mo ago
2024-12-04 04:36 1yr ago
Stratos Jets Pioneers Crypto Payments in Private Aviation Industry
BTC Bitcoin ETH Ethereum STOS Stratos
CoinGecko News
Original source text
Stratos Jets Pioneers Crypto Payments in Private Aviation Industry
2026-06-24 23:09 1mo ago
2025-05-07 12:09 1yr ago
What Is PolySwarm? A Guide to The Threat Detection Marketplace
ETH Ethereum NCT PolySwarm
CoinGecko News
Original source text
What Is PolySwarm? A Guide to The Threat Detection Marketplace
2026-06-24 23:09 1mo ago
2025-06-11 06:46 1yr ago
How to Buy Polyswarm (NCT) in 2025
ETH Ethereum NCT PolySwarm SCR Scroll
CoinGecko News
Original source text
How to Buy Polyswarm (NCT) in 2025
2026-06-24 23:09 1mo ago
2019-04-08 22:10 7yr ago
MATIC Network Review: Scaling Solution for Ethereum Blockchain
ETH Ethereum MANA Decentraland XDAG Dagger
CoinGecko News
Original source text
Editor's note: The Matic Network is now known as Polygon.

The Matic Network (MATIC) is a project that’s been working on a solution to the scalability issues of the Ethereum blockchain.

Their vision is to improve scalability through proof of stake sidechains, and they believe that once scalability issues are resolved we’ll also get lower transaction fees, faster confirmations, and a number of other benefits. They are also one of the latest ICOs to be conducted on the Binance Exchange Launchpad.

Yet, how is this project different from the other scalability solutions?

In this Matic Network review I will take an in-depth look into the project and attempt to answer this. I will delve into their tech, development, roadmap and the long term potential and use cases for the MATIC token.

Matic Network GoalsIn addition to solving scalability issues, the Matic Network is also focused on improving usability without losing the benefits of decentralization. They also hope to leverage the existing developer community in providing improved dApp functionality and improved user experience.

The founders of the Matic Network noticed that even though dApps are being proposed and developed in large numbers, the networks they run on are hardly prepared to support mass adoption of dApps. Plus in many cases, the user experience is quite poor, and the dApps are not designed to be approachable for the average user.

Overview of the Matic Network. Image via Matic.network

The first blockchain chosen to highlight the potential of Matic is Ethereum. The developers began with a working implementation on the Kovan testnet. While it is an adapted version of the Plasma network, ultimately the Matic development team envisions using it as a side chain scaling solution for any blockchain.

In 2019 the team was able to first launch an alpha mainnet in June, which was the first Matic sidechain working on top of the Ethereum mainnet, which allowed developers to begin building and testing dApps. That wasn’t the end though. In September the beta mainnet went live as well. This included new features such as Heimdall, Bor and Plasma predicates.

Below is a deeper look at the problems of current blockchains and how the Matic Network plans of solving them.

Addressing Blockchain ChallengesDespite how advanced blockchain technology has become, there are still a number of problems that they face. In some cases, trying to improve one challenge could lead to potential sacrifices on other features.

The Matic Network has taken stock of all of the challenges that blockchains currently face and have attempted to address these through a number of solutions.

ScalabilityScalability can be achieved by adding additional side chains horizontally, with each side chain theoretically adding the capacity for 216216 transactions per second using the same proof-of-stake checkpoint layer. This gives the Matic Network the ability to scale to millions of transactions per second.

Size of BlockchainBecause public blockchains require each node to manage a full copy of the blocks and state of the chain, as time goes by and the blockchain grows larger, fewer nodes tend to participate, which threatens the decentralization of the blockchain.

In the case of the Matic Network, it is possible for the primary layer to store only the blocks from the last checkpoint to the most recent checkpoint. It can do this because all the prior blocks have been submitted to the main chain. This allows even mobile devices to run a node.

Slow TransactionsIn most cases, blockchain transactions are slow, especially when it comes to proof-of-work blockchains. Matic uses Proof-of-Stake (PoS) to avoid this limitation, but in a special way so it is also able to maintain decentralization.

Matic Network Architecture. Image via Whitepaper

In the Matic Network consensus is done through a selection of block producers who are chosen by a set of stakers. Matic then uses proof-of-stake as a layer that validates blocks and publishes Merkle roots of the side chain blocks to the Ethereum mainchain. This allows Matic Network to keep block confirmation times under 2 seconds while also providing a high level of decentralization.

Low Transaction ThroughputIn public blockchains, there is always a lag between blocks as there needs to be enough time between blocks to ensure propagation. Block sizes are also intentionally kept small to encourage rapid propagation. This limits the number of transactions per block.

Matic Network avoids this problem by producing blocks in a Block Producer layer. This allows for the rapid creation of blocks, and decentralization is ensured through the use of proof-of-stake checkpoints. This configuration theoretically allows for 216216 transactions per second on each side chain.

Multiple micropayment channels with other off-chain solutionsSolving the problem of opening multiple channels to allow for micropayments is complex, and several projects have proposed solutions. The Matic Network has solved this issue by using an Ethereum Virtual Machine, which negates the need to open payment channels for micropayments.

Instead, any valid Ethereum address is also a valid Matic address, which means any receiver doesn’t need to be in the Matic Network. They only need a Matic Wallet to retrieve the payment.

High Transaction FeesThe limited block size of most blockchains has led to variability in fees based on the pending transaction pool, and in some cases, fees have become exorbitantly high for periods of time.

Matic is able to take advantage of economies of scale by completing a large number of transactions in the Block Producer layer. This keeps costs for each individual transaction low.

Poor UsabilitySo far most dApp user interfaces are quite poor compared to established centralized counterparts. This needs to change. If mass adoption is to occur the dApp user experience needs to be as good as, or better than, the current centralized apps.

The Matic team is working to create mobile and web browser integrations and protocols to improve usability in a secured interaction environment for dApps.

The MATIC WalletThe team at MATIC has been working on a wallet that aims to bridge the gap between scalability issues and the user experience of the Ethereum network. The wallet plans to make it easier for users to interact with the dApps that are deployed on Ethereum and Plasma chains.

The wallet will significantly increase transaction speed by allowing access to two different networks at the same time. Additionally, it permits connecting desktop Dapps to mobile Wallets using end-to-end encryption as simple as by scanning a QR code. This allows for user interaction with dApps without the private key leaving their device.

Matic Mobile Wallet UI. Image via iTunes Store

The MATIC wallet currently remains in beta and the team is cautioning everyone not to send mainnet tokens to the wallet or they will be lost. Anyone who downloads the wallet now, there are both Android and iOS versions available, will receive MATIC test tokens.

Taking a bit of a closer look at the reviews of the wallet, they are pretty average. Users seem to be taking issue with the fact that the wallet forces either fingerprint access or Facial idea. This is a particularly sticky point especially for privacy hawks in the crypto field. It is also slightly troubling that the Matic support team has not responded to any of these questions.

Matic DaggerAnother really interesting product in the Matic suite is Dagger. This is basically infastructure which provides reliable and scalable real-time events. You can think of it as akin to an offchain solution where information needed within a dApp is fed from.

What's really neat about Dagger is how easily it can be integrated with your current dApps. Very few lines of code are required in order to get any event stream from the Ethereum blockchain. All of the integration code can be obtained from their Javascript library in their GitHub.

Matic Dagger Unique Selling Points

Dagger also helps you to engage with your users when they are offline. Essentially, you can listen for user specific events 24/7. Once these events come through you can send notifications via email or DMs to make the apps more user friendly.

Potential use cases for this? Well, you can use it to ensure the safety of your users and notify them in case their are any suspicious transactions. This could help them react almost instantaneously.

The Matic Network team remains quite small, consisting of the three co-founders, eight engineers, a head of operations and one community manager. The project has also added a pair of Operations & Marketing VPs in the past year, a VP of Finance and Operations, and several individuals whose focus is the design including a Head of Design.

Jaynti Kanani is the CEO and one co-founder of Matic. He comes from a software engineering background and was most recently a data scientist at Housing.com.

Sandeep Nailwal is the COO of Matic and a second co-founder. In addition to working as a blockchain developer he also previously held the position of CEO of Scopeweaver, and CTO (E-commerce) of Welspun Group.

Matic Network Co-founders

And finally, there is Anurag Arjun, who is the third co-founder of Matic and the CPO (Chief Product Officer). His background is in engineering and he has over a decade of product management experience.

The Matic Network is also partnered with several important blockchain projects, including MakerDao and Decentraland. In addition, Ari Meilich and Esteban Ordano, the CEO and CTO of Decentraland serve as advisors to the project.

Matic Marketing and Social NetworksWhile Matic has a good group of partners and advisors, and it is notable that they’ve been chosen to launch their ICO on the Binance Launchpad platform, they have very poor social media presence.

On Reddit, which is known as one of the top social platforms for crypto, the Matic Network has grown from just 13 readers in April 2019 to 1,600 readers in March 2020. The YouTube channel has over 1,300 subscribers, and the Twitter account has grown to 32.5k followers since in the 11 months from April 2019 when there were only 2351 followers.

Matic also has a Medium blog, which was previously updated once a month or every few weeks. It’s been updated more frequently recently, and the team has been doing a good job in keeping the community updated on developments from the project.

The largest group of followers is the project’s Telegram channel, where there are more than 30,000 members.

Taken all together, there has been huge growth in the social presence of the Matic Network in 2019, highlighting just how strongly people have gotten behind the project.

MATIC TokenThe Matic Network conducted an ICO on the Binance Launchpad platform on April 24, 2019. Unlike a typical ICO where tokens are simply sold, Matic conducted their ICO as a lottery, with a total of 16,666 winning lottery tickets.

There is a total supply of MATIC of 10,000,000,000 and 19% of that, or 1,900,000,000 were made available for the ICO. That means each winning lottery ticket received 114,068.44 MATIC, which was $300 worth at the ICO price of $0.00263.

Register on Binance to Participate in IEO

Lottery tickets were allocated based on each users BNB balance, with the final calculation occurring at 00:00 UTC on April 24, 2019. Ticket claims for eligible users begans at 08:00 UTC on April 24, 2019 and continued for 24 hours.

Once the ticket claim period ended the winning tickets were drawn and announced at 14:00 UTC on April 25, 2019. Payments were made in BNB within 24 hours with users ensuring they had sufficient BNB in their account if they had a winning ticket.

The MATIC tokens will allow holders to become stakers and receive staking rewards once staking is implemented on the network. As network usage increases the value of MATIC tokens is expected to increase commensurately.

MATIC Price HistoryFollowing the ICO, in which MATIC tokens were priced at $0.00263, the price took off like a rocket to the moon. In less than one month, by May 21, 2019 price had reached an all-time high of $0.045017.

Of course price didn’t remain at those elevated levels, but it also didn’t sink all the way to ICO levels. In fact, price hasn’t dropped below the $0.01 level, although it did come close in October 2019.

MATIC Price Performance. Image via CMC

December 2019 saw a huge spike that took price from $ 0.012603 to $0.042440 in the span of two weeks, however a week later price had given back all those gains. There was no fundamental reason for the rise or crash, and some have said it was all due to market manipulation.

As of February/March 2020 MATIC has been marching higher again, lifted first by news of staking going live on the testnet, and then a week later by the Indian Supreme Court lifting the ban on Bitcoin and cryptocurrency trading in India. As of March 11, 2020 the MATIC token is trading just above the $0.02 handle

Matic Network StrengthsOne of the strengths of the project is the broad number of available use cases. These include decentralized exchange, identity features, credit scoring, atomic swaps, payments, and gaming networks among others.

One very interesting feature Matic has been developing is Zappier integration through Dagger. This allows developers to connect Ethereum platforms with hundreds of applications and is expected to help boost user and developer adoption.

DevelopmentSomething that I am quite interested in when looking at cryptocurrency projects and ICOs is the amount of development work that is being done. One of the best ways to assess this is through the amount of code commits they have pushed in to their public GitHub.

So, I decided to dig into the Matic Network GitHub and take a look at the code commits that have pushed. These are only the repos that they have made public and there are many more that are still being worked on. Below are the commits for the top two most active public repos.

Code commits to repos in past 12 months

As you can see there has been quite a bit of activity in these repos. This is in fact more than we have seen on other projects that have completed their ICO 2 years ago. There are also a further 13 other public repos.

Moreover, it is important to point out that these are only their public commits to their main GitHub. According to this Binance Rating Report, they are working on a further 17 private repositories that have plenty more code.

All this shows that the Matic Network is indeed actively rolling out product and working on their protocol. This should be seen as another pro of the project when compared to other ICOs.

This frenetic pace of development can be considered reasonable when one is to look into their updated roadmap.

ConclusionMatic is focused on improving the scalability of Ethereum in an adapted Plasma network. Because scalability is so important to the Ethereum network there are several competing projects aiming to do the same, but if Matic can deliver a solution first, or the best solution, they stand to become one of the top blockchain projects.

It was encouraging to see MATIC growing its community rapidly in 2019. It not only shows the ability of MATIC to market its product, but also shows the belief and support from the community. And of course the ruling of the Indian Supreme Court in March 2020 that lifted the ban on cryptocurrency trading is ultimately a positive for Indian blockchain projects like MATIC.

The mission of Matic hasn’t been proven yet, but development on the testnet, and both alpha and beta mainnet implementations seems positive. One thing the project could use is the implementation of staking. They’ve been promising this since the beginning, and actually implementing it could bring a whole new group of MATIC users and investors.
2026-06-24 23:09 1mo ago
2024-12-10 20:42 1yr ago
Craze.fun is Live on PinkSale: A Revolution in Memecoin Innovation
ETH Ethereum MEME Memecoin PINKSALE PinkSale
CoinGecko News
Original source text
The game has changed. Craze.fun isn’t just another platform – it’s the launchpad for the next wave of meme coin dominance on Ethereum. With our FairLaunch officially LIVE, we’re unlocking the future for creators, investors, and the entire memecoin ecosystem.

Why Craze.fun? Craze.fun is built to empower creators and investors alike, providing a seamless, low-cost platform to launch and grow meme coins. Whether you’re looking to create the next viral token or invest in the most promising projects, Craze.fun is your gateway to a billion-dollar revolution.

Our Mission: Empower Creators: Gasless, accessible tools to bring your meme coin ideas to life. Reward the Community: 50% of platform revenue is shared with $CRAZE stakers. Drive Ethereum Innovation: Cutting-edge tools and utilities built for scalability and impact. This isn’t just a platform—it’s a movement. Craze.fun combines Ethereum’s global liquidity with the explosive power of meme coins, creating a thriving ecosystem where everyone can win.

Why PinkSale? Launching on PinkSale opens the doors to a passionate, crypto-savvy community. With its transparent processes and robust network, PinkSale ensures ease of access and visibility for both creators and investors. In under 1 hour, we smashed our 10 ETH soft cap, proving that Craze.fun is already making waves.

Key Features of Craze.fun: Gasless Launches: No outrageous fees—just seamless launches. Revenue Sharing: Stakers earn from 50% of platform revenue. Future-Proof Design: Built to ride the Ethereum bull run to new heights. Transparent & Secure: Fully audited and KYC verified by Assure DeFi. Presale Details: Soft Cap: HIT in under 1 hour! Platform: PinkSale Dates: LIVE NOW until December 10th, 18:00 UTC Be Part of the Craze Revolution! As Craze.fun takes off, we invite creators and investors to join us in reshaping the memecoin landscape. This is your chance to be part of something truly groundbreaking.

Website: https://crazetoken.io/ 

Twitter: https://x.com/crazetokeneth

Telegram: https://t.me/crazetokenofficial

The future of memecoins starts NOW. Don’t miss out—secure your spot and thrive with Craze.fun!
2026-06-24 23:08 1mo ago
2024-08-05 15:00 1yr ago
Analyst Reveals Top Altcoin Picks for H2 2024
AKT Akash Network ARB Arbitrum BTC Bitcoin ETH Ethereum FIL Filecoin ILV Illuvium IO Io.net ONDO Ondo PRO Propy RNDR Render Token SHIB Shiba Inu SNEK Snek SOL Solana STARS Stargaze TRAC OriginTrail TRU TrueFi
CoinGecko News
Original source text
Analyst Reveals Top Altcoin Picks for H2 2024
2026-06-24 23:08 1mo ago
2024-05-18 10:21 2yr ago
Mintlayer and Salus Introduce Thunder Network for Superior Bitcoin Scalability
BTC Bitcoin CAP Cap DMT Dream Machine Token ETH Ethereum GHST Aavegotchi ORBS Orbs XAI Xai
CoinGecko News
Original source text
Mintlayer and Salus Introduce Thunder Network for Superior Bitcoin Scalability
2026-06-24 23:08 1mo ago
2019-11-27 10:12 6yr ago
What is GET Protocol? Blockchain-Based Smart Ticketing Solution
BTC Bitcoin ETH Ethereum GET GET Protocol
CoinGecko News
Original source text
There are many great ideas in the blockchain space. While projects like Bitcoin worked to change the way we view money, other projects like the GET Protocol have their sights set on more focused issues, like the sale of event tickets.

While many startups have come and gone in the last few years, the team at GET Protocol has shown it has what it takes to survive, and expand an interesting business model.

We all love to see live events, but the ticketing system that most venues use is less than perfect. In some places, there are major companies that get in the middle, and make a huge markup on an event’s ticket sales.

As tickets are sold into the public sphere, things get even more complex. Not only are tickets marked up by unauthorized resellers, counterfeit tickets are also an issue for everyone in the events industry. When overpriced or fake tickets are sold, it is bad for everyone by the unscrupulous actors.

GET Protocol has a blockchain-based solution to mitigate all these risks, and it has been shown to work in the real world.

GET Protocol is Working Today The Guaranteed Entrance Token Protocol (GET Protocol) project was founded in the heady days of 2017 and has been able to expand its global reach, even as cryptos and blockchain struggled through a rough 2018, and volatile 2019. Unlike many start-up companies that have big dreams and no income, GET Protocol is the opposite.

One of the company’s most recent success stories involves the new Klaytn blockchain platform, which GET Protocol was invited to join as an initial service partner. Klaytn is backed by South Korea’s Kakao (via Kakao subsidiary GroundX), which is the nation’s largest mobile platform.

According to the Klaytn homepage:

Klaytn is a service-centric blockchain platform that provides easy development environment and friendly end-user experience. It is an advanced hybrid platform, combining an enterprise-grade performance based on solid reliability and significant stability with an open access in a decentralized trust system. The platform allows real world applications of large scale to be produced right away.

The move to work with the Klaytn platform is a natural progression for GET Protocol, which has sold more than a quarter-million tickets via the platform since it went live. That number is projected to expand by as much as 800% over the next calendar year, as more people use the service.

How it GETs Done As mentioned above, the existing ticketing chain has multiple flaws that affect entities at every level, from the performing artist to the venue, all the way down to the person who is buying the ticket.

GET Protocol addresses the entire ticketing chain by ensuring transparency at all levels. Unlike some systems that make tickets non-transferable, the GET Protocol platform allows tickets to be resold by end-users, but not at a profit.

Here is how GET Protocol works for everyone in the ticketing ecosystem (via GET Protocol whitepaper):

Users: GET ensures that event participants enjoy a secure and stress-free ticketing experience, and provides a simple and inexpensive way for ticket holders who cannot attend the event to securely sell their tickets to other consumers/users.

Content-creators: The GET Protocol prohibits commercial ticket resellers from disturbing the value chain; artists can be certain that their fans pay a fair price for a guaranteed, authentic ticket.

Event organizers: GET provides a scalable ticketing protocol to manage ticket sales for any size events in a secure and controlled manner. GET controls and accounts for the true value and cost of transactions, the ticket and possible margins/discounts. The blockchain ensures transparency in the true price and properties of the tickets sold. This transparency by design aims to eliminate middlemen from the value chain. The protocol increases market efficiency as a whole while increasing margins for the stakeholders delivering actual value.

Venues: GET provides users with an honest and fraud-free experience that promotes a higher occupancy rate of the venue. The token will also allow venues to offer dynamic pricing of their tickets and thereby maximizing for attendance. As tickets are only used by actual attendees it allows for accurate re-marketing (on opt-in basis) and giving discounts to their loyal and non-scalping customers of their venue.

It is easy to see that GET has created a system that works at every level of the ticketing ecosystem, and makes sure that anyone who is working within the rules is given a fair position to use, or sell their tickets. Additionally, GET ensures that any secondary ticket sales are free from corruption, as well as scalping for abusive profits.

Grassroots Success Story in Native Holland GET was founded and is based in the Netherlands, where it has found a home in the local economy. One of the most recent successes for the company was an agreement it signed with ITIX, a Dutch company that works with the entertainment industry.

ITIX was founded a decade before GET, and today the two companies will be working to use blockchain and the internet to deliver the best possible ticketing experience to the Dutch public. ITIX has sold more than 14 million tickets in its history, which bodes well for an expansion of GETs usage rates.

GET Protocol CEO Maarten Bloemers commented on the new partnership:

Our partnership with Dutch ticketing company ITIX is very exciting in various ways. Not only will we learn how to make the technical onboarding for ticketing companies as easy as possible with a committed local partner, also the opportunity costs for choosing not to service theaters directly but through an established brand are virtually non-existent. GET Protocol is extremely committed in helping ITIX grow in market share with our unique features, to both our benefit.

There is little doubt that GET will learn more about how to expand into the existing marketplace with this new partnership, which should help the company to continue its global growth trajectory. The world needs companies like GET, who are committed to creating fair systems that reward entities who play by the rules.

GET Tokenomics The GET platform doesn’t require that end-users interact with a blockchain interface of any kind, which makes it an easy sell for ticketing platforms that don’t want to make buying tickets a hassle. On the other hand, the GET Token has compelling tokenomics that could see its exchange value rise over the next few years.

While the end-users won’t use GET tokens directly, they are at the core of the GET platform and are designed to drop in quantity as the platform is used. This may lead to a virtuous price cycle for the tokens as the usage rate of the GET platform rises, and the amount of tokens in circulation drops.

GET Protocol has a Growing Niche Market Live performances aren’t going anywhere, and GET has created a platform that allows people to buy tickets, and ensures that they are the real deal. Not only is the legitimacy of a ticket ensured for every entity in the ticketing ecosystem, but end users are also able to sell their tickets to other end-users at fair prices.

The team at GET has demonstrated that it can launch a great idea, and develop it in adverse market conditions. Blockchain is a novel solution to numerous problems, and GET is demonstrating that blockchain has a home in the global ticketing ecosystem.

If you want to learn more about GET, GET tokenomics, or the recent, successful sale of GET tokens in Korea, have a look at the company’s website, or Medium account. GET is bringing honesty and transparency to a long-overlooked market, and the company likely has a bright future ahead of it!

Nicholas Say

Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
2026-06-24 23:08 1mo ago
2023-11-05 09:39 2yr ago
Aave Protocol Halts Certain Market Operations Due To Bug Report
AAVE Aave ADA Cardano AVAX Avalanche ETH Ethereum LEND Aave [OLD] RUNE THORchain
CoinGecko News
Original source text
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function of the protocol.

DeFi Protocol Discovers Vulnerability; Is User Funds At Risk? On Saturday, November 4, decentralized lending protocol Aave announced – via a post on X (formerly Twitter) that it has paused the Aave V2 Ethereum market and suspended certain assets on Avalanche. In addition, the protocol has frozen specific assets on Aave V3 on Polygon, Arbitrum, and Optimism. 

Today we received a report of an issue on a certain feature of the Aave Protocol. After validation by community developers, the guardian has taken the following temporary prevention measure (no funds are at risk):

— Aave (@aave) November 4, 2023

According to the protocol’s announcement, these actions serve as a temporary precautionary measure following a problem report on a specific feature. 

Furthermore, Aave said in the post that the Aave V3 markets on Ethereum, Base, and Metis and the V2 markets on Polygon and Avalanche are unaffected. Meanwhile, no funds on any of the markets were at risk, according to DeFi lending protocol.

🚨🚨 🚨 On 11-04 17:38:35 UTC, Aave Guardian has taken necessary protection measurements to pause AaveV2 protocol (and all Aave pools are safe): https://t.co/3xJzfiejig

Given the protocol is “forked” by multiple third parties and the exact details are not disclosed yet, it is… pic.twitter.com/OkO1EZv6pW

— PeckShield Inc. (@peckshield) November 4, 2023

While Aave did not specify what the issue is or the feature that caused the problem, the protocol said it would release a detailed explanation once there is a full resolution. The statement read:

A governance proposal to restore the normal operation of the protocols will be submitted shortly. A detailed postmortem will be released once the issue is fully resolved.

Aave further clarified that users supplying or borrowing from a frozen assets pool can still withdraw and repay positions. However, these users can’t supply or borrow more funds from the frozen assets pool until the issue is resolved. The protocol added: 

On paused assets, no action can be done until unpaused.

AAVE Price Remains Steady Despite Protocol Vulnerability There is no evidence to suggest that the problem has had any impact on the value of the protocol’s native token, AAVE. As of this writing, the token is valued at $90.15, reflecting a negligible 0.9% price dip in the past 24 hours.

Nevertheless, the token is outperforming on a bigger timeframe. Over the past week, AAVE’s price has swelled by more than 10%, touching the $100 mark – for the first time since February – at some point during the week.

Although the price of AAVE  has been moving mostly sideways in the past few days, a resolution of the current issue might trigger renewed momentum for the token. Hence, there is a chance that the cryptocurrency might revisit $100 again, especially considering the optimistic climate of the crypto market.

AAVE price slows down upward momentum on the daily timeframe | Source: AAVEUSDT chart on TradingView Featured image from Binance Academy, chart from TradingView
2026-06-24 23:08 1mo ago
2023-11-09 01:00 2yr ago
Radiant Capital’s Earnings Exploding, Time To Load The RDNT Bag?
ARB Arbitrum DOGE Dogecoin ETH Ethereum LEND Aave [OLD] SOL Solana
CoinGecko News
Original source text
Radiant Capital, a lending and borrowing protocol for users to borrow various assets across multiple chains, is rapidly closing in on Aave, looking at earnings data over the past six months.

Radiant Capital Earnings Rising: What’s The Trigger? According to Token Terminal statistics on November 8 shared by one user on X, @Flowslikeosmo, Radiant Capital generated $5.8 million in revenue despite a relatively lower level of liquidity than Aave. @Flowslikeosmo, who claims to be a crypto researcher, said Radiant Capital’s earnings will likely explode in the upcoming sessions, especially once the 2.8 million ARB begins to be deployed.

Radiant Capital earnings | Source: Token Terminal via @Flowslikeosmo on X Radiant Capital is a popular cross-chain decentralized money market through which users, regardless of their choice blockchain, can either lend their assets and earn passive income or borrow assets trustlessly. This way, the decentralized finance (DeFi) protocol has opened up liquidity and boosted access to multiple blockchains.

Related Reading: Dogecoin In Tight Zone: Why A Rally Will Happen If DOGE Clears $0.076

To perform effectively, the protocol relies on LayerZero, which enables trustless and decentralized communication between blockchains using Oracle Relays, allowing platforms to be more interconnected and ledgers to be more interoperable. As Radiant Capital offers services, the DeFi protocol generates earnings or revenue primarily from fees. 

The platform charges a protocol fee on all transactions. Earnings from this allow the team to be operational while allowing the protocol to generate revenue.

However, it should be noted only 15% of this fee is used to cover operational expenditure, with the rest redistributed to users as yield. Besides, there are fees billed to users taking flash loans. The protocol rewards providers with RDNT to incentivize liquidity provision, depending on the amount provided and the duration locked.

ARB Airdrop, Will RNDT Rally To New 2023 Highs? Earnings generated depend on the activity level, directly influencing protocol fees accrued and the number of users taking flash loans. Following Radiant Capital’s recent announcement that it plans to airdrop 2 million ARB following the Arbitrum DAO‘s approval of a proposal first floated in late September, activity could skyrocket in the coming months, boosting earnings.

Moreover, the protocol’s liquidity is expected to increase with this approval. The ARB airdrop will be used to incentivize liquidity provision. Additionally, Radiant Capital will strike more partnerships, allowing it to expand to other chains, including Ethereum and Arbitrum.

Radiant Capital price trending upward on the daily chart | Source: RDNTUSDT on Binance, TradingView According to Dune Analytics data, the number of RDNT holders continues to rise, mirroring its general price performance. Thus far, RDNT is up 40% from October lows. The immediate resistance level at $0.33 must be broken for the coin to rally, even registering new 2023 highs.

Feature image from Canva, chart from TradingView
2026-06-24 23:08 1mo ago
2024-01-11 06:19 2yr ago
Aave Community Votes To Integrate PayPal’s Stablecoin
AAVE Aave ETH Ethereum LEND Aave [OLD]
CoinGecko News
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Decentralized non-custodial lending and borrowing protocol Aave is voting to onboard PayPal's PYUSD stablecoin issued by Paxos Trust Company.

In an ongoing governance vote, 99.98% of the participating AAVE token holders favor integrating PYUSD into AAVE's Ethereum-based pool. The voting on the proposal, termed temperature check, floated by Trident Digital on Dec. 18, will end later Thursday. The vote follows decentralized exchange Curve's December decision to host PYUSD.

PYUSD, the dollar-pegged stablecoin, came into existence in August and now has a market capitalization of $289 million, or 0.3% of industry leader tether’s $94 billion.

Aave is a decentralized finance protocol enabling users to lend and borrow funds without an intermediary. Per DappRadar, AAVE is the world's third-largest DeFi solution, with nearly $5 billion worth of crypto assets locked into the protocol.

Majority of the participating AAVE token holders favor PYUSD integration. (Aave)Trident’s proposal says that AAVE's integration of PYUSD will help build synergies with PayPal's stablecoin and strengthen the relationship between PYUSD and AAVE's decentralized multi-collateral stablecoin GHO.

Trident, which is incentivizing the PYUSD/USDC liquidity pool on Curve, will contribute $5 million to $10 million in liquidity for PYUSD on AAVE from day one, the firm said in the governance proposal chat.

"The idea is to keep yields quite high on Curve. This will create organic borrowing demand for PYUSD on AAVE. So while we don’t intend to provide direct incentives on AAVE we believe our overall incentive strategy will allow for borrowing demand on day 1," Trident said.

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2026-06-24 23:08 1mo ago
2024-01-15 23:00 2yr ago
Whales Accumulating Maker And Aave, Path To 2024 Highs?
AAVE Aave BTC Bitcoin DAI Dai ETH Ethereum LDO Lido DAO LEND Aave [OLD] MKR Maker
CoinGecko News
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On-chain data suggests that whales are accumulating large amounts of Maker (MKR) and Aave (AAVE), two leading decentralized finance (DeFi) tokens. This accumulation trend coincides with a broader cooling-off period in the crypto scene days after the United States Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs. 

Whales Accumulate MKR And AAVE According to ScopeScan data, Anchorage Digital, a digital asset custody firm, purchased a significant amount of MKR on January 15. The firm acquired 12,103 MKR tokens, valued at approximately $24.7 million, from Coinbase, a leading crypto exchange in the United States. 

Two whales, “0xbb5f” and “0x4a7,” also accumulated large quantities of MKR and AAVE. Specifically, “0xbb5f” bought 50,000 AAVE and 2,452 MKR worth around $5.03 million and $4.95 million from Binance, a leading cryptocurrency exchange. Meanwhile, 0x4a7 purchased 39,000 AAVE and 2,350 MKR, valued at approximately $3.95 million and $4.75 million, also from Binance.

Whales Accumulating Maker and Aave | Source: Scopescan These whale purchases signal a strong belief in the long-term potential of MKR and AAVE. Maker and Aave are two of the world’s leading decentralized lending and borrowing protocols across DeFi. MKR serves as the governance token for MakerDAO, which also manages the DAI decentralized stablecoin. On the other hand, AAVE is the governance token of Aave, a top decentralized lending platform. 

According to the latest DeFiLlama data, Maker and Aave have total value locked (TVL) of over $8.4 billion and $7.3 billion, respectively.

Top DeFi protocols | Source: DeFiLlama Notably, whales are accumulating MKR and AAVE when the DeFi scene is recovering following the sharp contraction from 2022. The industry manages over $56 billion, with Ethereum hosting more liquid DeFi protocols, including Lido DAO when writing in mid-January 2024. 

Will Maker and Aave Rally To New 2024 Highs On Recovering DeFi? Last year, MKR and AAVE were among the top-performing DeFi tokens, with MKR rising by over 200% and AAVE appreciating by more than 150%. Protocol-specific fundamentals, including the launch of Spark in Maker, partly drove this strong performance.

Aave launched the GHO stablecoin and the Lens protocol on the Ethereum sidechain, Polygon. Moreover, expectations of the spot Bitcoin ETF forced aggressive traders to consider top DeFi protocols, lifting altcoins.

Maker price trending upward on the daily chart | Source: MKRUSDT on Binance, TradingView As whales accumulate, there is more headroom for these tokens to grow. Presently, AAVE and MKR are lower, based on their respective performance in the daily chart. However, overly, the uptrend remains. To illustrate, MKR is within a bullish breakout formation with a critical support level of around $1,560. Any surge past $2,300 might ignite demand, lifting the token to new 2024 highs.

Feature image from Canva, chart from TradingView
2026-06-24 23:02 1mo ago
2024-03-19 12:50 2yr ago
Bitcoin, Ethereum Bleed As 5 Crypto To Buy Standout With 100X Potential
BLUR Blur BTC Bitcoin ETH Ethereum LRC Loopring MANTA Manta Network POL POL TENET TENET
CoinGecko News
Original source text
Bitcoin, Ethereum Bleed As 5 Crypto To Buy Standout With 100X Potential
2026-06-24 23:02 1mo ago
2026-02-15 21:32 5mo ago
Ethereum 7% Dip Tests Retail “Diamond Hands,” But Coinbase CEO Sees Silver Lining
BTC Bitcoin DMD Diamond ETH Ethereum
CoinGecko News
Original source text
Ethereum 7% Dip Tests Retail “Diamond Hands,” But Coinbase CEO Sees Silver Lining
2026-06-24 23:01 1mo ago
2025-10-31 11:42 8mo ago
Hacker at Radiant Capital Moves 5,400 ETH to Tornado Cash, Reports PeckShield
ETH Ethereum RDNT Radiant Capital RXD Radiant TORN Tornado Cash
CoinGecko News
Original source text
Hacker at Radiant Capital Moves 5,400 ETH to Tornado Cash, Reports PeckShield
2026-06-24 23:01 1mo ago
2025-11-03 11:06 8mo ago
Radiant Capital: We recommend temporarily avoiding interaction with dLP, or using Balancer pools on Arbitrum and the mainnet.
ARB Arbitrum BAL Balancer BNB BNB ETH Ethereum RDNT Radiant Capital RXD Radiant
CoinGecko News
Original source text
PANews reported on November 3rd that Radiant Capital posted on its X platform: "Reports indicate a security vulnerability in certain Balancer V2 liquidity pools. Radiant is working closely with Balancer contributors and security partners to actively monitor the situation. Based on current information, the issue is limited to specific versions of liquidity pools not used by Radiant. As a precaution, it is recommended to temporarily avoid interaction with dLPs (such as Zapping) and suspend the use of Balancer liquidity pools on Arbitrum and the Ethereum mainnet until further confirmation is received. Deposits within the Radiant platform remain safe, and markets on the Base and BNB chains continue to operate normally. More updates will be released after a full assessment of the situation."
2026-06-24 23:00 1mo ago
2024-06-27 14:00 2yr ago
Synternet Mainnet launches on Cosmos
ETH Ethereum NOIA Syntropy
CoinGecko News
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Synternet, the blockchain innovator across networks like Ethereum (ETH) and Cosmos (ATOM), has launched its mainnet on the Cosmos network, per the latest information shared with Finbold on June 27. 

This launch is expected to start a new chapter in the decentralized data economy and unlock Synternet’s SYNT token’s full potential.

The advantages of Synternet’s mainnet With the mainnet launch, Synternet activates real monetary value for data in its ecosystem, enabling practical use of SYNT and advancing the Pikes Peak roadmap. 

This allows developers to build new applications using real-time, trustless data streams from all major chains.

With its flourishing ecosystem and extensive portfolio of projects, tools, and services, Cosmos offers Synternet a robust foundation for future growth. 

The launch on Cosmos also brings lower gas fees and faster transactions, reinforcing Synternet’s commitment to democratizing data access.

Synternet CTO Jonas Simanavicius remarked on the significance of the launch, stating:

“The launch of Synternet’s mainnet on Cosmos is not just a technical milestone — it’s the beginning of a new era for the decentralized data economy. With $SYNT, we’re providing real utility, enabling users to pay for data services at reduced fees and fostering a more inclusive and efficient ecosystem.”

CEO Daniel Haudenschild further added:

“The mainnet launch is a key event for Synternet, signifying the realization of our vision for a decentralized data economy. With the $SYNT token now powering monetary value for data, we’ve created meaningful opportunities for developers and businesses. As we celebrate this milestone, we also look forward to the future growth and expansion outlined in our Pikes Peak roadmap.”

The SYNT token Central to Synternet’s ecosystem is the SYNT token, which users can utilize to access and pay for real-time data streams from various publishers across multiple chains. 

Synternet also offers token holders a staking mechanism, allowing them to vote on proposals and influence protocol upgrades, feature prioritization, and resource allocation.

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2026-06-24 23:00 1mo ago
2024-12-24 05:00 1yr ago
Top 5 Performing Coins of 2024— See the Cryptos That Made the Cut
AIOZ AIOZ Network ETH Ethereum OM MANTRA POPCAT Popcat SOL Solana
CoinGecko News
Original source text
Top 5 Performing Coins of 2024— See the Cryptos That Made the Cut
2026-06-24 23:00 1mo ago
2025-01-05 17:35 1yr ago
AIOZ Network pumps 32%, WOULD jumps double digits, while market shows minor movement
AIOZ AIOZ Network BTC Bitcoin ETH Ethereum
CoinGecko News
Original source text
AIOZ Network has defied the overall market conditions with its 30% price pump over the past 24 hours.

Bitcoin (BTC) and Ethereum (ETH) prices both slumped at the last check Sunday.

However, AIOZ Network (AIOZ) was up from a low of $0.8657 to as high as $1.17 before retracing to its current price of $1.14. The token price is also up by over 40% in the last seven days.

AIOZ 24H price chart from CoinGecko The AIOZ project has recently unveiled its latest video-on-demand streaming model, which could have aided in the price surge.

Explore Video-on-demand (VoD) Streaming Models with @AIOZNetwork!

VoD streaming comes in different models, some of which you might be familiar with, and some other you might have not explored yet.

As we gear up for the launch of W3Stream, we want to dive into a few key models… pic.twitter.com/UHAUc0wfVN

— AIOZ Network (@AIOZNetwork) January 3, 2025 Second on the list is meme coin Would (WOULD) with a 15% price pump. The price has surged from a low of $0.2695 to as high as $0.3244.

WOULD 24H price chart from CoinGecko However, the exact reason for the surge of WOULD remains unclear. It could also be the general volatility of meme coins that could have helped the $310 million meme coin to pump.

The third coin on the top gainers list is Akuma Inu (AKUMA) with a 15% surge. The price of AKUM has surged over 1200% in the last 30 days and 260% in the last seven days.

AKUMA 24H price chart from CoinGecko AKUMA has been trending on X and touts itself to be the next Shiba Inu (SHIB).

Even though the meme coin project only has around 5700 X followers, the meme coin seems to have gained traction on X, which could explain its price pump.
2026-06-24 22:59 1mo ago
2024-12-11 15:30 1yr ago
Top 10 Airdrops Happening This December
ARB Arbitrum BTC Bitcoin ETH Ethereum MOVE Movement PORTAL Portal PTS Petals SHR Share SOL Solana
CoinGecko News
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Top 10 Airdrops Happening This December
2026-06-24 22:58 1mo ago
2024-02-16 15:52 2yr ago
Unlocking the Future of Data: How Streamr’s Decentralised Network Revolutionizes Real-Time Data Sharing
AR Arweave BTT BitTorrent DATA Streamr DIMO DIMO ETH Ethereum FIL Filecoin
CoinGecko News
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As data has become synonymous with “digital gold,” it’s no wonder the demand for access to real-time data is skyrocketing. On the same side, as Web 3 or decentralized technologies are emerging, the shortcomings of centralized services within the Web3 stack are being addressed. 

Streamr is among such decentralized projects that provide a real-time data infrastructure as it allows data to travel via a global peer-to-peer network that is scalable, robust, and permissionless. Streamr sets itself apart through the use of blockchain technology for data sharing. 

Streamr’s real-time data delivery system operates through the help of a P2P or a Peer-to-Peer network in a pub-sub fashion. Pub-sub or Publish-Subscribe is an asynchronous communication model that supports scalable and reliable communication. 

Similar to BitTorrent, Streamr is a network of nodes that can pipe messages to one another without intermediaries. However, the key difference between the two is that Streamr is for real-time data streams, whereas BitTorrent does not operate real-time data streams. 

Background of Streamr Launched in 2017, Streamr was launched by the founders of Streamr, who believed there needed to be a way to connect billions of devices with real-time data through the help of a decentralized network. 

The importance of real-time data must be addressed, particularly due to the growth of DePIN or Decentralized Physical Infrastructure Networks. This is because DePIN helps to move the work of large data centers to non-technical people around the globe, ultimately bringing in huge benefits, particularly of trust. 

DePIN is owned and operated by users, making it neither a public nor a private infrastructure. DePINs allow for building real-time data ecosystems, giving stakeholders the power to add value and additional services that help to support the ecosystem. 

At the same time, for the development of a decentralized future, real-time data is needed as this helps to power decentralized applications or dApps. DApps need external data to function, and if they remain dependent on the existing centralized data networks, dApps will eventually become liable to all the existing problems that are present in Web 2. 

These liabilities include user data being susceptible to cyber attacks, power remaining in the hands of a few, a complete lack of robustness, misuse of private data, monopolistic positions that cause inflated costs, and the risk of a single point of failure. 

These issues bring serious concerns to not only the development of decentralized applications but the entire decentralized internet or Web 3, where the promise is to give users more power over their data through decentralization. 

Development of StreamrWhile an ecosystem of decentralized P2P networks already exists, Streamr development takes a completely different approach, focusing on real-time data. Through the help of this real-time data, anyone can publish events on data streams, and anyone can subscribe to streams. 

First and foremost, Streamr is a P2P network that utilizes a Pub-sub messaging pattern, including one-to-many, many-to-many, or many-to-one streaming. This allows DePIN builders to build in a UP, ACROSS, or BROADCAST fashion, depending upon the different use cases.

For example, DIMO, which is an open and user-owned IoT network that uses Streamr, is built in a UP fashion from Miner to Network. With the help of DIMO, developers can easily access barometric pressure, temperatures, and other weather-related data in real-time. This gives developers who require weather data to power their applications an ideal solution.

In the future, DIMO plans to build in an ACROSS fashion, giving miners more flexibility to connect. This will help to ensure that DIMO’s data stream is completely decentralized and not owned or controlled by any centralized authority. 

Streamr 1.0, which is the final milestone in Streamr’s original 2017 roadmap, means when it is implemented, it will lead to the implementation of the network tokenomics, meaning the network is fully decentralized. Anyone can now set up an operator node, and delegators can now delegate their tokens to the operator node. 

The Network Tokenomics of $DATAWithin the Streamr Network, both data publishers and subscribers are Nodes in a P2P network. 

Nodes that are involved in a stream of data connect one another in a certain way, ultimately helping to form the stream’s topology through which the main function of Streamr Network can be performed. 

Therefore, every node that joins a stream does two things: it consumes the data and relays it onwards to other nodes interested in the stream. 

To incentivize good nodes who ensure data flows robustly and stably, the honest and stable nodes are paid, forming the basis of Streamr Network Tokenomics. Streamr tokenomics works similarly to the gas price of Ethereum. In Ethereum, users are constantly in a battle to incentivize miners to execute their transactions faster. 

On Streamr, users have to pay less or nothing at times if they are happy with the best-effort performance. They can also pay to incentivize nodes to make the stream more robust and secure. 

However, it is important to note that Streamr Network tokenomics is not based on buying more access to data on The Hub. On the Network, users pay for infrastructure costs for data delivery. On the application layer, users pay for access to data content. 

Users can use the Network for data delivery without using The Hub, similar to a person who can send and receive packages without ordering products or services from online stores. 

Streamr Stack The Streamr infrastructure consists of a tech stack that helps to connect and incentivize computers within a global peer-to-peer network. The entire stack is built on top of a decentralized transport layer, which helps to ensure resilience, fault tolerance, robustness, transparency, openness that comes with decentralization, and community building. 

To facilitate their goal, the Streamr stack offers the following multilayered technology stack:

Streamr HubThe Hub or Streamr Hub serves as an entry point for developers, helping them to create and connect with live streaming data. The Hub is a portal that leads directly into the Streamr Network and is a step forward towards a more consciously open data approach, all while ensuring it does not undermine any Web3 ethos. 

Other than DIMO, there are several other projects on the Hub. The first includes Polygon, in which Polygon Validators are sharing their validator node’s live metrics. The second includes EthWatch, which broadcasts the live stream of Ethereum and Polygon contract events. 

Other projects that are built using Streamr include Swash, Redstone, and Unbanks. In the DePIN space, they include MapMetrics, IoTeX, and Peaq Network apart from DIMO. 

As the demand for AI is growing, Streamr hub has 90% of the features of an AI marketplace. The smart contracts can be extended to allow users to publish prompts that can get access to the output of a pay-to-access remotely run model.  

In the end, the goal of the Streamr hub is to facilitate the discovery and the delivery of what type of data exists out there, give users a comprehensive toolkit for its creation along with its management, and make it simpler for the users to subscribe to a data stream of their choice. 

Streamr Network Streamr Network acts as the “transport layer” of the entire Streamr stack. The network handles all messaging in a decentralized data pipeline. This layer consists of primitives known as events & streams and broker nodes.

The Streamr Nodes operate on primitives, and the collection of broker nodes consists of a P2P network that handles the decentralized messaging. The infrastructure layer, on the other hand, uses the Ethereum stack for its operations as node coordination requires robust consensus, which the smart contract implements. 

Streamr network has multiple different parts, all of which play an important role in transporting data. These include: 

EventsAn event is a timestamped piece of information that contains headers and content. Headers provide the metadata of the vent, which includes its timestamp, content type, and origin. The content gives information on what format the content is in. Both are encoded in a binary format. 

StreamsAll of the events that occur are a part of the stream. They are grouped in a logically relatable manner and stored in an ascending order. The entire metadata is stored on Ethereum’s smart contract. Streams carry five different pieces of information, namely user ID, name, description, owner, and permissions. 

Publish-SubscribeThe data delivery in the Streamr network follows the publish-subscribe paradigm. Events that occur are promptly delivered to all those who are authorized and subscribed to the stream. This can be limited depending on what kind of access the user has. 

Partitioning (Sharding)To achieve scalability, not all the Streamr nodes handle all the traffic. This is because the event traffic within the whole network is divided into several independent parts called partitions. Each broker node handles traffic that belongs to a different set of partitions. 

Node CoordinationStreamr uses node coordination, which acts as a key coordinator for the assignment of network partitions to broker nodes in the network. Node coordination also helps to maintain changes when nodes appear and disappear. Streamr network uses its underlying Ethereum network to establish consensus for node coordination in the P2P network. 

IncentivizationStreamr incentivizes Operators (who act as the miners on Streamr) to do two things: report the checksums for their assigned partitions to the network and deliver the data to any smart contract subscribers. To incentivize, Streamr sends them $DATA. 

Event PersistenceFor Streamr to turn its entire network into a decentralized time series database, the events in data streams persist in the P2P network. The achieved decentralization allows the Streamr network to achieve greater robustness, fault tolerance, anonymity, and lower costs. 

Data ProvenanceTo ensure hackers do not manipulate data for their monetary advantage, the Streamr Network cryptographically signs a private key. This helps to attest to the data provenance and ensures that the events on the network always carry a signature that can be verified. 

Data ConfidentialityAs anyone can participate in the Streamr network by running a node, all of the event payloads of non-public streams in the Streamr network are encrypted. This encryption is done with the help of asymmetric key cryptography. Such an approach, combined with the help of encryption, brings safety. 

Streamr Smart ContractsWhile several Ethereum-based smart contracts support the Streamr Network and The Hub, the Streamr Network also uses its smart contracts. These smart contracts help to improve coordination, permissions, incentivization, and integrity checking. 

StreamThe Stream smart contract is the main smart contract that holds static information and carries the permissions for the stream. 

Stream RegistryThe stream registry contract holds important information about the known streams in the network. 

Network CoordinatorThe network coordinator contract assigns partitions to broker nodes. These Streamr Nodes register themselves with the coordinator and receive updates on the network state by looking at the smart contract. 

$DATALastly, in the Streamr stack is the $DATA token, which is a means of compensation between the data producers and consumers. It’s an ERC 20 token that ensures that the payments are handled securely. It also provides interoperability with different wallets and other tokens. $DATA has the following main jobs: 

Implement a monetization mechanism for data producers, which helps them act as a data vendor to step in wherever necessary and help the community grow to everyone’s benefit. 

$DATA is also an incentive for maintaining and operating a P2P network, as it takes resources, time, computing power, and communication bandwidth. Without such an incentive, Streamr Nodes will not participate, and the entire P2P network in which the real-time data runs will collapse. 

The primary application of $DATA includes when developers and subscribers pay for the data they want to get access to using $DATA. Additionally, data producers and the network participants are reimbursed for their participation with $DATA securely and automatically. Tokens can also be earned by running a particular node and then staking $DATA tokens on that node. 

Streamr reimburses staking awards through the help of a supply inflation process, which was decided through the help of the project’s governance. In Streamr 1.0, delegated staking was introduced, which allowed token holders to not only run a node but also stake their $DATA in return for a reward. 

Stream sponsorships are the final milestone of the Streamr project, as they bring the long-awaited incentive layer that fully activates the $DATA token economy. As streams operate an overlay of the network, stream Sponsorships attract new nodes to join the network. With the help of this, the Streamr network will become more robust from external attacks.

It will also help to prevent the data loss which is caused by node churn. When churn nodes consistently join and leave the stream, it adds instability to the topology, thereby leading to disruption in the message flow. 

In other words, through the help of Sponsorships, Streamr nodes will become bulletproof. 

Sponsorships work through the help of a smart contract that will release funds over time to operators who have joined them. Sponsors will fund sponsorships, as they will be the ones to create them by defining the terms of engagement. 

The smart contract will help to ensure the agreed terms are fulfilled, and then DATA tokens will be transferred. They must deliver on their promise to avoid losing their tokens. 

Operators and DelegatorsOperators are Streamr node runners. Operators can join or leave a sponsorship at any given time as long as they agree to the penalties while signing up. Delegators, on the other hand, are the passive liquidity providers for Operators. In return, they will earn revenue from well-performing operators. 

The lifecycle of the Stream sponsorship will comprise 5 different steps and is as follows: 

Firstly, a sponsorship smart contract will be created, which will describe all policies and parameters. Secondly, sponsors will pay DATA tokens on the agreed terms. Thirdly, operators will join sponsorship by staking on it. Fourth, Operators will join the sponsored stream network and relay data in the stream. 

In the last step, if or when the sponsorship runs low on tokens, they can either be “topped up” or the reward will be given based on the configured emission rate. This process will ensure sponsorship contracts act as a decentralized mechanism that helps to manage a stream of earnings distributed within different operators. 

Advantages over competitorsThe unique selling point of Streamr is that it provides a real-time data infrastructure of the decentralized web or Web 3, which already sets it apart from its competitors. There are several other advantages that Streamr brings, but other decentralized data storage projects are unable to do so. Some of these include: 

Ease of miningUnlike Filecoin, which is one of Streamr’s primary competitors, users have an ease of mining and become a part of the network. In the case of Filecoin, users have to purchase expensive hardware. In addition, users also need to have some experience in systems deployment and administration, which makes it extremely difficult for non-technical people to enter.

In the case of Streamr, the barrier to entry is kept as minimum as possible as the project believes that’s the only way for the blockchain ecosystem to grow. 

Fair token distributionThere’s an ever-existing fear of FIL, which is the native token of the Filecoin network to be dumped by its advisors. This is because, at the time of the launch, almost half of FIL supply was given to the advisors at half its existing price. In fact, Filecoin community members alleged 2020 token dumping when an unknown account received 1.5 million FIL tokens. 

Meanwhile, Streamr has ensured the supply of its $DATA is done reasonably. 

Non-DiscriminativeAnother key area that helps Streamr set itself apart from other projects is that it maintains a neutral stance on data and content. 

On the other hand, Arweave has a Democratic Content Policy, which creates a potential conflict as network nodes have the power to issue a blacklist against certain data types, thus hindering the idea of an “open economy.” 

Emphasis on adequate user interfaces & appropriate informationStreamr has a major focus on developer user interfaces that are much easier to use and are targeted toward people who have a relatively less technical background. Siacoin, which is one of its main competitors, has yet to offer adequate user interfaces. 

A similar issue is also present with Arweave, where the project developers are unable to provide in-depth information that can help developers when they are building on their stack. What Streamr offers is unique as it provides in-depth, dense knowledge in a relatively easy-to-navigate manner to ensure developers do not face any issues. 

Analysis of StreamrThe importance of data, especially one that runs in a combination of a real-time data market and the data pipeline, all while remaining decentralized, is transformative for the entire Web3, particularly because this gives a decentralized ecosystem exposure to data that has never existed before all while remaining true to decentralization. 

Streamr maintains its tech stack layered and modular to allow non-tech individuals to participate in the network in one capacity or another. 

It also hosts a publish-subscribe mechanism, which is a framework for exchanging messages between publishers and is widely used in Web2 due to its reliability. Streamr uses the same framework while making it decentralized, spread across different nodes rather than concentrated in one area, similar to centralized technologies. 

To ensure transactions are scalable, with minimum latency, Streamr divides its throughput scales linearly. This allows the network not just to scale but also to process millions of events per second. 

Streamr also allows users to sell their data directly, which gives them the power to monetize their data, all while knowing which companies and industries are using their data. Through the help of this transparency, users will be empowered, unlike in a centralized system where power is monopolized. 

Anyone who owns a personal computer or a laptop can become part of the Streamr network by becoming a node operator and earning yield on staked tokens. 

Emerging use cases of StreamrProving its versatility and adaptability, Streamr has the potential to revolutionize different industries and applications. Some of the emerging use cases of Streamr include:

[1] Video StreamingTraditional streaming services often need help with bandwidth limitations and central server outrages. Streamr’s P2P network can help distribute video content more efficiently by reducing latency as stream viewers become P2P distribution nodes as they consume the stream. This will help to improve the user experience. 

[2] Decentralized AIStreamr helps to provide a strong infrastructure for real-time data collection and distribution. This is critical for training AI models, ultimately ensuring that AI systems can function without the hurdles present within centralized data servers. This helps to enable more efficient and scalable AI solutions. 

The Streamr developer community has already developed the next generation of AI technologies. Some of these AI technologies include the Streamr node AI plugin, AI video distribution, LLM routing, AI chat, Verifiable AI, AI Audits, and AI data crowdsourcing. 

As the need for decentralized data exchanges has become more apparent, Streamr can provide help to the entire Metaverse ecosystem. This can be done by providing a foundation for real-time data transmission that will enhance the interactivity and responsiveness of the virtual metaverse worlds. 

[4] Web 3 GamingAs the importance of real-time data exchange and decentralized infrastructures is maintained in the fast-growing world of Web 3 gaming, Streamr provides a strong solution. It offers a platform where game developers can build decentralized gaming experiences with real-time player interactions and data exchanges. 

[5] dApp MessagingDecentralized applications (dApps) at times rely on centralized servers for messaging, which leads towards a contradiction of Web 3 ethos. Streamr brings a solution as it can provide a decentralized messaging platform that enables dApps to embrace decentralization. 

Final Thoughts Decentralization is a much-awaited answer that users are looking for due to their declining trust in large corporations. With data becoming an integral part of our day-to-day lives, it is only necessary to ensure it does not become monopolized in the same manner as that of several other industries. 

Projects like Streamr bring an important answer to the problem, giving users the utmost possession and freedom over their data. Streamr allows users to access data in real-time, which empowers the existing infrastructure by allowing it to become more decentralized. 

Streamr is bringing this power transfer to individuals, all while improving user privacy, resilience, fault tolerance, and efficiency. This will help the future of the internet to become more connected and decentralized, with the users having more freedom over their data and power over important decisions.

Links:

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2026-06-24 22:58 1mo ago
2024-06-26 09:33 2yr ago
IoTex Discusses 3 Huge Benefits of Modular DePin Infrastructure
AKT Akash Network AR Arweave DIMO DIMO ETH Ethereum FIL Filecoin HNT Helium IOTX IoTeX RNDR Render Token SOL Solana
CoinGecko News
Original source text
IoTex Discusses 3 Huge Benefits of Modular DePin Infrastructure
2026-06-24 22:50 1mo ago
2024-09-13 13:30 1yr ago
Top 3 Artificial Intelligence (AI) Coins of the Second Week of September 2024
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Top 3 Artificial Intelligence (AI) Coins of the Second Week of September 2024
2026-06-24 22:50 1mo ago
2024-12-25 16:00 1yr ago
Crypto’s Most Influential Year: Major Events of 2024 That Redefined the Industry
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Crypto’s Most Influential Year: Major Events of 2024 That Redefined the Industry
2026-06-24 22:50 1mo ago
2025-03-28 11:22 1yr ago
Next Crypto to Explode After France’s State Bank Announces $27M Spending on Local Crypto Firms
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Bpifrance, a state-owned French bank, has announced that it will buy $27M worth of crypto.

Unlike the likes of Japan, Hong Kong, and businesses like MicroStrategy, though, Bpifrance will only invest in projects that support local blockchain and crypto development.

Keep reading to find out Bpifrance’s investment strategy, how the US’s crypto push is accelerating global crypto adoption, and which could be the next crypto to explode as a result.

A Move to ‘Strengthen the French Blockchain System’ As mentioned earlier, what’s interesting is how France is modeling its push for digital assets. It doesn’t just want to ride the crypto wave; it wants to be a part of it.

Furthermore, the investment will benefit local crypto and blockchain projects involved in all major crypto-related niches, including decentralized finance (DeFi), tokenization, staking, and AI.

We are convinced of the growing importance that these players will take on in the years to come, and we want to increase French competitiveness and presence in the field of digital assets – Arnaud Caudoux, Deputy CEO of Bpifrance

It’s also worth noting that this isn’t Bpifrance’s first crypto rodeo. In 2014, it invested in a hardware wallet firm called Ledger (yes, that Ledger). It has also made crucial contributions in ACINQ, Morpho, and Aleph.im.

With the new pro-crypto Trump administration pushing for lenient crypto regulations and announcing their desire to make the US the crypto capital of the world, countries like France are taking note and rallying in support of local talent.

The global crypto push is only getting started, and with conventional economic superpowers racing for the top seats in DeFi and blockchain tech, there’s undoubtedly a fortune to be made in this new-age investment niche.

To help you make the most of the world’s new-found (and potentially long-lasting) love for crypto, we’ve handpicked three top cryptos you should consider buying right now.

1. BTC Bull Token ($BTCBULL) – Most Likely to Be the Next Crypto to Explode in 2025 The market’s love for Bitcoin – which is a direct reflection of the US government’s support for it – has well and truly ushered in a ‘digital gold rush.’

BTC Bull Token ($BTCBULL) is, therefore, the best altcoin to buy right now, seeing as it gives you front-row seats to Bitcoin’s success – but at a fraction of the cost.

That’s because it will give token holders free $BTC. We’re also impressed by the fact that these Bitcoin giveaways have been masterfully scheduled to take place every time $BTC reached a new milestone – such as $150K, $200K, and $250K.

The only other thing you should take note of is to buy and hold $BTCBULL in Best Wallet, as that would qualify you for automatic $BTC airdrops.

Moreover, there will also be a token burn event when Bitcoin reaches $125K, $150K, $175K, and every subsequent $25K price point.

As you might have guessed, this will contract supply, which would then increase the token’s demand – and ultimately its price.

$BTCBULL is currently in presale ($4.2M+ raised), meaning you can buy it for a low price of $0.002435.

Check out our BTC Bull Token price prediction to better understand why we’re so excited about it – and here’s a guide on how to buy it.

2. Solaxy ($SOLX) – Top Altcoin Building First-Ever L2 for Solana Solana has been a huge facilitator for meme coins, offering a low-cost and highly scalable blockchain network – exactly what meme coin developers are after.

However, things haven’t really been ideal for Solana for the last few months.

The launch of $TRUMP, $MELANIA, and Pump.fun overloaded Solana, and it has been struggling with scalability, congestion, and failed transactions.

It will offload a hefty portion of Solana’s total transactions onto a sidechain, thereby reducing the burden on the blockchain’s mainnet.

It’s worth noting that $SOLX is a multi-chain token – it’s designed to benefit from not only Solana’s speed but also Ethereum’s vast liquidity pool.

Thanks to its one-of-a-kind application, the Solaxy presale has seen unprecedented interest from investors. It has already raised over $28M, and we’re still a long way out from its end.

You can join one of the biggest crypto presales for just $0.001676 per token. If this is your first presale purchase, here’s a detailed guide on how to buy Solaxy.

3. Ghiblification ($GHIBLI) – New Meme Coin Dominating the Market Ghiblification is the perfect example of what meme coins truly embody – surreal gains within a short period thanks to community backing and market hype.

A new version of ChatGPT is currently all the rage on the internet. It allows people to transform just about any picture – a popular sports event or a personal picture with a partner – into the famous Ghibli-style animation.

Studio Ghibli, by the way, is a renowned Japanese animation studio and the creator of popular movies like ‘Spirited Away.’

After launching on the exchanges just over a couple of days ago, $GHIBLI is already up over 31%. This includes a mind-blowing 91% gain in the last 24 hours.

The token is currently trading at $0.03205. Given that the hype for these AI-generated animated pictures is still alive and kicking, $GHIBLI could well replicate $BROCCOLI’s returns.

Bottom Line With another country joining the crypto fray, the above-mentioned trending cryptos are in the best position to benefit from crypto’s next rally.

Despite the promise being shown, though, it’s crucial you only invest a sensible amount because crypto – and particularly meme coins – is unpredictable.

Also, kindly do your own research before investing, as none of the above is financial advice.
2026-06-24 22:49 1mo ago
2025-12-03 17:00 7mo ago
Could the Fusaka Upgrade Light the Fuse for a Pectra-Like 56% Ethereum Price Rally?
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Could the Fusaka Upgrade Light the Fuse for a Pectra-Like 56% Ethereum Price Rally?
2026-06-24 22:49 1mo ago
2024-01-30 21:22 2yr ago
What's Next for Arbitrum's Gaming Network After the XAI Token Launch
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Xai, the layer-3 gaming network built on Ethereum scaler Arbitrum, kicked off 2024 with a bang, launching its XAI token to early supporters and then announcing that noted NFT game studio Laguna Games will bring Crypto Unicorns and related titles to the network.

So what’s next? More games, of course.

Ex Populus, which co-founder and CEO Tobias Batton described to Decrypt’s GG as the “labs company that serves the Xai Foundation,” is a game studio—and its games are set to be the first out the gate in the coming months as the Xai ecosystem takes shape.

The first, called Final Form, is a card-battler game with NFTs. According to its official website, the game will support NFT cards previously released on Solana via a bridge to Arbitrum. Batton said that the game is “penciled in for April,” but that the ETA could change. He said the game is playable and “moving into a polish phase,” so it can’t be far off.

LAMOverse is the other game from Ex Populus, and it’s a long-in-development online action game with colorful, cartoonish environments. Tied into physical LAMO toys based on gaming influencers like Ninja and Dr. Disrespect, LAMOverse is set to debut sometime after Final Form, and the game studio says it’s likewise playable and nearing a proper launch on Xai.

Batton recounted that Ex Populus spent substantial time seeking an ideal gaming chain for its projects and said that it explored building on other Ethereum scaling networks like Polygon or Immutable X. But, he said, each chain the studio tried had trade-offs that made the team “not enthusiastic” about committing to those ecosystems.

Ultimately, Arbitrum creator Offchain Labs proposed building a custom gaming chain that would suit the needs of Ex Populus while also providing a home for other studios in the future. Thus Xai was born.

In this team-up, Batton said, Ex Populus built the software that powers the Sentry Nodes that early users have purchased to support the Xai network. It also makes games and works in a publisher-like role to help other studios onboard to Xai and get their games in front of players.

That’s the kind of role that Ex Populus will serve for Laguna Games as it migrates its Crypto Unicorns games and associated NFTs from Polygon to Xai this year. And Batton said that he’s seen a “massive influx” of other studios reaching out since the airdrop to get involved with Xai, whether they’re building new games or migrating from existing chains.

In this dual role of game developer and distribution partner, Batton said that Ex Populus is attempting to be the Web3 version of Valve. That gaming powerhouse is known not only for operating the popular Steam PC gaming store, but also developing iconic games like Half-Life, Portal, and Counter-Strike. Fortnite maker Epic Games has charted a similar path.

Ex Populus doesn’t yet have the storied gaming legacy of those long-running giants, of course, but it also faces the immense challenge of trying to convince traditional gamers that user-owned NFT assets and crypto-driven economies are beneficial. And gamers have broadly not been too receptive to such overtures in the past.

What could make that easier is the way that the Xai network abstracts away the complexities of wallet use and asset handling for users who don’t want to get deep into the “crypto” of it all. Your average player doesn’t have to worry about self-custody of NFTs or tokens, plus Xai provides a gas-free experience for players.

“We had this crazy idea that if you remove wallets and remove gas from everything, that you can experience large growth,” Batton explained. “Really, the benefits of blockchain are the ability to trade items and own items—all the stuff we always hear about—but there's a tremendous amount of friction that stands in the way of that.”

There still are wallets, but for traditional gamers, they’re managed in the back end by the Xai team. And if you’d rather bring in your own wallet and self-custody your assets, that option is certainly available for veteran crypto users.

“As a traditional gamer who maybe isn't familiar with crypto or is a little averse to it, these games just seem like a normal game,” said Batton, who added that there would be wallet management features in the settings. “And then you're like, ‘Oh, I have a wallet. I didn't even know it.’ So it sort of breadcrumbs people into this experience in a way that doesn't seem so obtuse.”

our competitors aren't treasure, imx, ronin, or beam.

our competition is nintendo and valve.

decentralized gaming is inevitable.

— XAI (@XAI_GAMES) January 29, 2024

It’s been a busy couple of months for Xai. The Sentry Node sale, which let users invest in supporting the network and receive an allocation of XAI tokens, was a sizable success with about $30 million in sales. And the XAI airdrop that followed certainly made waves, putting over $150 million worth of tokens (at peak value) into users’ wallets.

But as Batton described, the journey dates back to 2022. It’s been a steady rise in prominence and buzz, in his view—and the biggest moves are still yet to come as games start going live on the network.

“It’s a grassroots approach—it didn't happen overnight,” he affirmed. “It took months and months and months of building this hype and this community and excitement.”

“Having Laguna agree to deploy their games is a big deal, because before this news, it was just hype. It's just an empty chain,” Batton added. “But now it's not an empty chain. It's got real games coming.”

Edited by Ryan Ozawa.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-24 22:49 1mo ago
2024-04-19 15:15 2yr ago
Andreas Brekken, Founder of SideShift.ai, on Bull Run, Meme Coins, and Ethereum Sharding | Ep. 327
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November 27, 2024

Andreas Brekken, the founder of SideShift.ai, a platform offering direct-to-wallet trading, sat down (in his hammock) for an exclusive interview with the Cryptonews Podcast.

Talking with host Matt Zahab, Brekken recalled how difficult it was for people to buy BTC in 2011, noting that the ease of purchase today contributes to its adoption.

He remarked that meme coins are actually great for the crypto space because they are fun, cheap to get, and generally harmless. Importantly, they are stress-testing the biggest chains in the sector.

The crypto veteran talked about multiple markets happening simultaneously and the potential significance of the Ethereum Dencun upgrade.

Brekken also touched upon the necessity to re-examine our interaction with centralized exchanges and the need for services like SideShift.

In this interview, Brekken discussed:

Buying BTC in 2011 vs. today; Multiple markets currently happening at the same time; Rethinking how we interact with crypto exchanges — particularly as the bull run ushers in a new wave of mainstream adoption; How products like SideShift encourage mass adoption; The Ethereum Dencun upgrade; If meme coins are generally good or bad for the crypto space; How increased meme coin trading will show us the limits of current protocols, forcing chains to compete with each other to show who can handle the most traffic.

Brekken gave a wide-ranging exclusive interview, which you can see above or read below.

How the Bitcoin Times Have Changed!
Brekken discovered Bitcoin in 2011.

At that time, he said, there were very few routes for people to get BTC. One option was dark web markets, including the infamous Silk Road.

“But in my case, I’m just too much of a nerd,” Brekken remarked. He didn’t know about this avenue at the time.

But he had an advantage over an average Joe: he was a programmer.

Therefore, Brekken discovered information on BTC online and started learning about the novel technology.

Notably, at the time, anyone interested in BTC needed to install a program on their PC to get it. This program would create addresses and allow users to find a place to buy the coin, receive it, and send it.

This was obviously a much more difficult system than what we have today.

But Brekken said another advantage a programmer or engineer would have at the time is the way they view and think of technology.

They seek to understand how it’s made and how they can build upon it. They’ll to to find a way to improve it, create something similar, find another use case, etc.

Not every shiny coin on social media will lead to generational wealth.

AI recommends DYOR and safe trading.

Good job! 🎈 pic.twitter.com/q4O0SXuMFO

— SideShift.ai – Direct to Wallet Trading (@sideshiftai) March 24, 2024

Direct-to-Wallet Trading: Recipe for Mass Adoption
And this is how SideShift.ai was created. There was a way to make a piece of tech that would help fulfill a demand, and Brekken went for it.

The team developed an efficient, easy-to-use, newcomer-friendly platform that offers direct-to-wallet trading.

When one uses a centralized crypto exchange, there are many steps to complete before finally getting the coins.

This includes all the necessary log-ins, 2FA, KYC, choosing the deposit, finding the network, waiting for confirmations, and so on, says Brekken.

However, it can get more complicated in certain cases, such as buying a specific meme coin. For example, the user needs to trade BTC for UDTS first before getting WIF.

SideShift.ai performs the trade immediately and delivers the coins to the wallet, the founder said.

// USD WEEKLY SHIFT VOLUME – APR 9 TO 15 //

SideShift recorded a gross weekly volume of $22.9m alongside a SHIFT count of 11,669 shifts. These figures combined to produce healthy daily averages of $3.3m on 1,667 shifts. pic.twitter.com/8urons5elK

— SideShift Research (@XAIResearch) April 19, 2024

“That’s why we call it direct-to-wallet trading because it’s the only way I know to explain that you don’t have to click 700 buttons in order to do something as simple as just going from what you have to what you want.”

There was lots of demand for this service, he added.

But speaking of exchanges, Brekken gave a warning: take your funds out.

The more long-term view for this industry is that people need to stop leaving their money on exchanges. It’s a huge problem, he said.

Simply said, the incentives are not aligned between the user and the exchange.

The exchanges have full control over users’ funds and make money off of it.

Also, they may use the funds without telling users, be attacked, do a rug pull, etc. There are too many red flags.

Oui oui! SideShift about to be available directly in the Ledger wallet https://t.co/ytGDcUxwHN

— Andreas (@abrkn) April 16, 2024

AI In Name Only
Brekken briefly touched on the ‘AI’ part in ‘SideShift.ai.’

“I’m going to be completely honest with you,” he said, “I just thought it sounded really awesome.”

The closest the company will get to an actual AI is the amount of automation they’ve done.

The company has a small team of people who deal with “quite a lot of volume.”

Yet, they keep everything smooth and stable thanks to “excessive automation internally,” Brekken said.

There’s very little human intervention, he added. “It’s like a giant machine” running nearly everything.

AI advises HUMANS to do their own research to be confident in their financial journey.

ATTACHING: Meme for motivation

Good job! 🎈 pic.twitter.com/eRli2v5Iw1

— SideShift.ai – Direct to Wallet Trading (@sideshiftai) April 13, 2024

However, when talking to customer support, the team “makes it a bit confusing” for people to know if they’re talking to a human, a machine, or a machine pretending to be human.

“More likely, you might be talking to a human pretending to be a machine,” Brekken said.

And speaking of the team, the founder noted that SideShift.ai is currently hiring for a number of roles, especially engineers.

Meme Coins Are Stress-Testing Major Chains
Commenting on the ongoing meme coin craze, Brekken said that he himself was “really into” Dogecoin when it launched in 2013.

Looking at the craze now, “It was the exact same thing back when there was only Dogecoin, but obviously, this is on steroids.”

There are many more of these coins now, many more communities, and more people involved – even those outside the crypto space. It’s difficult to visit a café without overhearing a conversation about WIF or BONK, Brekken remarked.

But, generally speaking, meme coins are beneficial for the space, Brekken remarked. “I think it’s good in many ways that people are trading meme coins,” he said.

He argued that these coins create fun for friends and communities, that they are harmless, and also an excellent way for people to enter crypto.

Bitcoin’s $60,000-$70,000 price tag can be intimidating for newcomers. Once bought, there’s also a lot to lose.

But with meme coins, it’s a lot easier to afford and trade them.

Degens need something to gamble on, and the shiny new things are memecoins. 🤡

Catch all of the PvP action, hot takes and more in this week's spicy newsletter!

Read it now: https://t.co/dmEDPBMuyr pic.twitter.com/289DdZ9819

— Shitcoin.com (@ShitcoinDotCom) March 23, 2024

And this space is growing as well. Now, users have more advanced tools at their disposal trading BONK than they do trading Apple shares, Brekken argued.

Additionally, trading meme coins is potentially becoming a competitor to another giant: sports betting.

“It’s quality fun with your friends,” Brekken said.

Lastly, but importantly, all this activity is stress-testing the technology, specifically the chains these tokens reside and move on.

Solana and Ethereum, in particular, are being stress-tested. Different chains are competing. They must work hard not to fall behind and lose users.

“I will bet you, [the developers] are all working day and night on all these platforms and chains […] to just keep this running and to try to find ways to deal with this record-level high demand for throughput and capacity,” Brekken said.

Multiple Parallel Markets At Work
Another exciting point Brekken made is that we currently seem to be witnessing multiple markets happening simultaneously.

Previously, we’d see one sector at a time significantly rising above others, each with its own cycle.

For example, in the last cycle, there was a decentralized finance (DeFi) summer that turned into a Solana summer. This gradually shifted into a “mania” centered around FTX, and so on.

Today, however, we’re seeing the spot Bitcoin exchange-traded funds (ETFs) taking off, the meme coin market continuation, and a new DeFi wave.

It also seems like these three have separate risks and somewhat separate users, Brekken opined.

Don't be a piggy in the fight between bulls and the bears.

Plan your trades wisely. Good job! 🎈 pic.twitter.com/WSm848Yp9V

— SideShift.ai – Direct to Wallet Trading (@sideshiftai) April 13, 2024

That said, he hopes that the meme coin cycle will continue to attract more newcomers to the space and encourage users within other cycles to explore other crypto-related markets.

The bull market has been “creeping up on us since the desperation we all felt” when Bitcoin was $20,000-$25,000.

Therefore, Brekken hopes the three different cycles will affect each other positively and prolong this bull run.

“If you’re still alive with a good-looking meme coin portfolio [by the end of summer], I think you are a genius,” he added.

Ethereum Dencun Upgrade and Path to Sharding
Lastly, Brekken briefly discussed certain developments in the space, including the Ethereum Dencun upgrade, which went live in March.

The upgrade aimed to significantly boost the Ethereum ecosystem, reduce Ethereum layer-2 blockchain transaction fees, and pave the way for sharding in the future, which will finally lower Ethereum’s high layer-1 fees.

What surprised Brekken about these Ethereum upgrades is that everybody connected to the Ethereum ecosystem, including other chains, was fully ready at the moment the update went live.

This is a positive development.

There is no longer a need to develop separate software for several years to support an upgrade. These are instantaneous now.

Another notable thing is the ongoing talk about sharding.

Deep dive on Ethereum's sharding roadmap from @Delphi_Digital. It's very good! https://t.co/oiTEqLFXGx

— vitalik.eth (@VitalikButerin) May 27, 2022

Sharding is a solution that optimizes the process of verifying transactions and smart contracts by splitting the blockchain network into partitions called shards.

This way, every node does not need to review the entire transaction history on the network.

Instead, specific nodes are assigned to specific shards, optimizing the process of nodes verifying transactions.

This, said Brekken, has the potential to send ETH to $5,000.

Therefore, the upgrades we’re seeing now are the developers gradually building a path towards sharding. Brekken said it’s a large project that will likely take a few years to complete.

__________

About Andreas BrekkenAndreas Brekken is the founder of SideShift.ai, a platform offering direct-to-wallet trading. To date, the exchange has processed over $1.25 billion in volume.

Brekken first discovered Bitcoin in 2011 and has a deep technical understanding of the cryptocurrency space.

In addition to being a long-term crypto supporter, he has substantial hands-on industry experience.

In 2013, he founded Justcoin.com, a Norway-based cryptocurrency exchange (later acquired by ANX INTL), and then worked as a software engineer at Kraken in 2015 and 2016.

Brekken is also the founder of Shitcoin.com, a wide-reaching crypto content platform.
2026-06-24 22:48 1mo ago
2025-07-28 10:30 11mo ago
Crypto Inflows Near $2 Billion as Ethereum Outshines Bitcoin in Altcoin-Led Rally
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Crypto Inflows Near $2 Billion as Ethereum Outshines Bitcoin in Altcoin-Led Rally
2026-06-24 22:48 1mo ago
2020-01-28 22:10 6yr ago
Why This EEA Development Could be the Key to Corporate Ethereum Adoption
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Why This EEA Development Could be the Key to Corporate Ethereum Adoption
2026-06-24 22:48 1mo ago
2020-01-29 06:11 6yr ago
Chainlink Tapped for New Task Force Aiming to Bring Big Enterprises to Ethereum
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The EEA Mainnet Working Group, an initiative backed by both the Enterprise Ethereum Alliance and the Ethereum Foundation to bring enterprises to the Ethereum mainnet, has formed a new task force that includes decentralized oracle project Chainlink as a key member.

That task force, dubbed EMINENT for “Ethereum Mainnet Integration for Enterprises,” will work to create reliable standards for businesses that want to use “corporate systems of record” like the Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) systems in conjunction with Ethereum.

We're excited to work w/ @UnibrightIO, @AnyblockTools, & other EEA members on EMINENT (Ethereum Mainnet Integration for Enterprises). Its focus is on the standards & specs for integrating Ethereum Mainnet with ERP, CRM, & other corporate systems of record. https://t.co/BO802xNWGE

— Chainlink (@chainlink) January 27, 2020

Chainlink has been welcomed to the EMINENT initiative as its resident oracle authority.

Chainlink will also be joined on the task force by analytics firm Anyblock Analytics and Unibright, a company that helps enterprises integrate with blockchain technology.

What Comes Next? The task force will spend up to two years on their work, first in researching the recording dynamics at hand and thereafter in establishing guidelines and creating open-source reference implementations that businesses can follow.

As the EEA Mainnet Working Group explained further in its announcement of the task force this week:

“Initially, the task schedule will focus on defining work packages, then expand into building best practice solutions within proof-of-concept implementations, and finally provide open-source available documentation and specification basis (like ERC standards) for further development by the public Ethereum community and EEA members.”

Chainlink a Natural Fit to Help John Wolpert, the vice-chair of the EEA Mainnet Working Group, noted on the news that Chainlink was uniquely suited to productively contribute to the new task force:

“To make this work, we need experts laying down the standards for common-sense integration with enterprise systems of record. Unibright has the experience connecting blockchain to ERP. Chainlink has the experience keeping different databases, run by different companies, in a state of consistency. That’s a promising combination.”

Sergey Nazarov, the co-founder and de facto face of Chainlink, commented that he and his team are looking forward to helping the EMINENT initiative tackle the challenges in front of it head on, saying:

“We’re excited to work closely with the EMINENT Task Force to continually push the boundaries of what’s possible in public blockchain environments. Developing mainnet integration standards that take into account the specific challenges of enterprises is key to the EMINENT Task Force being able to leverage the unique advantages of public blockchains, while seamlessly and securely incorporating their current systems of record and key data sources.”

Chainlink Presses Ahead on Integrations No stranger to locking down integrations with other projects, Chainlink’s backers have secured another three melds with their decentralized oracle middleware in just the last week alone.

The first of those newly announced integrations was with BetProtocol, a decentralized gaming platform. Among other things, the protocol will look to leverage Chainlink so users can settle bets with off-chain data.

The second fresh link up comes courtesy of ICON, the South Korean blockchain project associated with the ICX cryptocurrency. “The initial application is securing the ICX/USD price feed so ICON Dapps can build financial products based on the USD equivalent of ICX,” the Chainlink team explained.

Thirdly, Chainlink also just revealed that its tech would be used by the Alkemi open finance prime brokerage platform to “to enforce price thresholds (for unlocking assets pre-expiry date) set by on-chain liquidity providers.”

In other words, it’s been a typical week for the Chainlink community, which is now used to quickly racking up such integrations after locking down dozens last year.

If the project can keep up a similarly rapid and productive pace in 2020, then it’s likely to remain the most interesting oracle effort to watch in the months ahead.

William M. Peaster

William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
2026-06-24 22:48 1mo ago
2020-02-20 04:10 6yr ago
Unibright Review: Powering Enterprise Blockchain Adoption
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Unibright is a project that has been generating quite a bit of interest recently. So much so that the UBT token has been rallying in price as traders have been snapping it up.

However, behind the impressive performance is a really interesting project that is looking to take enterprise blockchain adoption to the next level. Unibright is also looking to be the connecting fiber between the open source Ethereum network and companies.

So, is it really worth considering?

In this Unibright review, I will attempt to answer that. I will also take a look at the long term use cases and adoption potential of the UBT Token.

What is Unibright?Unibright is a fairly new blockchain project that's self-described as the “unified framework for blockchain based business integration.” Whew! That's quite a mouthful, but what exactly does it mean, and how can we use Unibright?

In essence Unibright is being created to give companies and other organizations the ability to utilize blockchain technology without the extensive costs, huge hassle, and the need for a large corps of developers.

Unibright Abstract. Image via Whitepaper

Instead businesses are able to use the visual workflow created by Unibright to create and launch smart contracts on an appropriate blockchain. And it can all be done without any coding skills whatsoever. There's no blockchain skills required, no smart contract development knowledge, not even traditional software development knowledge is needed.

Unibright has even gone to the trouble of including a number of business use cases right within the system. These include cases such as invoicing, shipping process monitoring, asset life cycles, multi-party approvals, and many others.

Users can easily select their use case and then create a custom workflow. This can then be deployed in a way to bridge the information between the new blockchain and existing systems, such as ERP.

Unibright ObjectivesOne of the key roadblocks to the adoption of blockchain technology by enterprises has been the concerns around the usability of existing solutions, and the huge knowledge gap that exists in regards to deploying, developing, and designing blockchain solutions.

Add to this the scarcity of talented blockchain developers and the cost of hiring such talented developers. It's understandable that businesses have been slow to adopt blockchain solutions, even though many business leaders are able to see the potential for blockchain to dramatically improve their operations.

The blockchain solutions being created often have clear advantages for businesses, but traditional businesses have been slow to adopt these new and novel solutions. The uncertainties regarding costs, development, and effectiveness in blockchain integration has kept many on the sidelines.

Unibright Overview. Image via Unibright

And that's why Unibright was developed and where it comes into play.

The Unibright project is attempting to position itself as a unified framework that simplifies all the aspects of blochcain integration for enterprises through its algorithmic design.

Through this framework businesses can take advantage of interoperability, not only between blockchains, but also with legacy systems. Unibright provides a full stack of tools that function to connect information between all systems, increasing the productivity and efficiency of an organization.

One of the beauties of the Unibright platform is it's blockchain agnostic. It tries to use visual cues and more abstract designs to describe integration scenarios for businesses and to make them as cost-efficient and easy to implement as possible. The platform has also attempted to remain flexible in regard to technological advancements in blockchain.

Unibright TechnologyIn the simplest terms the Unibright platform was created as a simple framework that individual businesses can mold to their own specific needs.

It will allow managers to use blockchain solutions in their everyday operations with little risk, while saving costs and increasing productivity and efficiency. Unibright is designed to finally close the gap between blockchain technology and traditional business applications.

The Unibright framework currently contains four distinct tools:

The UB Workflow DesignerThis tool allows anyone, even those with no blockchain experience or knowledge, to define workflows visually, and without any reference to a specific blockchain protocol. The UB Workflow Designer allows its users to choose an existing template and them customize it to their workflow needs.

The Unibright Visual Workflow Designer

This visual designer can even define integrations with other blockchains and IT systems, as well as setting system boundaries. Once the workflow has been created the system automatically generates the needed smart contracts with the necessary business logic.

The UB Contract InterfaceThis is the central part of Unibright's ecosystem. With the UB Contract Interface users are able to make changes to previously designed workflows, transforming them into smart contracts specific to a blockchain. They can then publish the smart contracts, maintain them, or automatically generate templated connection adapters for existing systems.

The Unibright Contract Interface

The templates that are made available to users of the Unibright ecosystem have been designed around predefined business workflows, and are presented at a high level of abstraction. The development team plans on maintaining the templates, enhancing them as needed, and creating new templates to serve new use cases and industries.

The UB ExplorerThe UB Explorer provides a simple interface where users can monitor all ongoing processes. Data is collected from the smart contracts, as well as from any systems that have been connected to the chosen template.

The Unibright Explorer

The Explorer provides Smart Queries that present useful information and are automatically generated based on the specific workflows. This way both on-chain and off-chain data can all be presented together in an easy to read and extremely useful dashboard.

The UB ConnectorThis is how Unibright allows off-chain systems to access and use Unibright smart contracts. It also enables the creation of cross-chain workflows, and cross-system workflows.

The Unibright Connector

It does this through the Smart Adapter, which takes all the technical details needed to connect a blockchain or ERP system and transforms them to allow the connection to happen. Smart Adapters make the Unibright Connector dynamic, and enable a massive variety of integration possibilities.

Unibright TeamUnibright and its team are based in Germany and led by founder and CEO Marten Jung. Marten has also been the CEO of the parent company SPO Consulting for the past two years. SPO Consulting has been in business for over 20 years, with a focus on business integration.

The co-founder and CTO of Unibright is Stefan Schmidt. He also serves as the Head of Software Architecture. The Lead Frontend Engineer for the project is Ingo Sterzinger, who brings over a decade of software development experience to Unibright.

Some Unibright Team Members: Marten Jung, Stefan Schmidt, & Ingo Sterzinger

In addition to these three there are an additional four core positions, with the following titles mentioned: Chief Communications Officer, CMO and Head of Marketing, Lead Engineer Testing, and Lead Engineer Data Modeling.

These positions are all filled with members who have many years of experience in database management, engineering, and computer science. The only potential downside is that none of the team members have any prior blockchain experience. However they all seem accomplished enough to acquire the skills they need to succeed rapidly.

Advisors & PartnersBesides having a very skilled set of team members, Unibright also has a very skilled and knowledgable team of advisors.

This group brings a wealth of blockchain experience and knowledge to the project and includes Youtuber and founder of DataDash Nicolas Merten. In addition there are a number of former PwC auditors, blockchain developers from Ambisafe and Iconiqlab, PhDs, and venture capitalists.

Unibright has also been aggressive in developing partnerships, including SAP, Microsoft, Iconiqlab, and Ambisafe among others. This puts the project in a good position to strengthen their market exposure and positioning.

Some of the Partners Unibright is working with

They’ve also gotten together with Deutsche Bahn to create a tokenized ecosystem for public transportation. And most recently they’ve entered into a strategic partnership with NEM. In addition, the parent company SPO Consulting has business relationships with companies such as Lufthansa, Unilever, and Samsung that can be leveraged in the coming years.

UBT TokenAccessing the Unibright framework requires UBT tokens. Users deposit whatever number of tokens required for their usage. To acquire tokens users must buy them on the open market. Unibright even offers to help if the users need assistance in purchasing through an exchange.

There were some concerns expressed by the Unibright community at this setup, as some felt that large enterprises couldn't be expected to go to an exchange to purchase tokens, but this hasn't been a problem to date and all users have been able to acquire whatever tokens they need from IDEX.

This 30 days of usage is a crucial part of the UBT token model. It was setup so that a users initial deposit must be large enough to cover a minimum of 30 days usage. This allows them to later make use of a “Rebuy contract.”

This is key because it allows customers to repurchase the tokens they used over the 30 day period from Unibright to continue using their blockchain integration. The Rebuy contract determines the rebuy price, with the standard set at $0.14 per UBT.

Features of the Unibright token

This price may seem low to some, but in truth this is how enterprise solutions are often costed. In practice the initial purchase and deposit is likely to be the most expensive part of the process. This makes complete sense since the initial deposit is like the setup cost for the process. Currently the price of one UBT is above the $0.14 level, making the Rebuy contracts very useful from a business standpoint.

Once tokens are deposited to the platform, and this includes rebought tokens, they cannot be withdrawn again. When tokens are deposited and the Rebuy Contract is signed the tokens are locked in a smart contract which lasts for the duration of the contract.

The good news for investors is that every additional Unibright user removes more UBT tokens from the open market. This should help support UBT prices in the future as increased demand will lead to declining supply.

What happens when the contract ends?Once the contract ends the user needs to deposit more tokens which they've purchased on the open market. They sign a new contract and these tokens are then locked into the platform. This means new tokens must be purchased each time a Rebuy Contract expires.

What about the tokens from the expired contracts?These tokens go back to Unibright. Initially the plan was to sell these tokens on the open market to create additional revenue for the project. That plan has been set aside thankfully, and the team has decided not to sell the tokens they receive, ever.

Instead the plan is to use these tokens to onboard non-profit organizations to the platform. These tokens are not being gifted, but will be deposited into the framework to help the charities to benefit from the blockchain integrations that have been made available.

In essence this means that any token deposited into the framework will be forever removed from the open market, and thus the circulating supply of UBT tokens will be forever declining.

UBT Trading & StorageAfter the project held their ICO in May 2018, raising $13.54 million by selling roughly two-thirds of the UBT supply for $0.14 each investors were rewarded with an immediate pump to almost $0.19 each. That didn’t last long though, and by the end of May the price of UBT was slightly below the ICO price. The token continued to decline, nearly reaching $0.01 by October 2018.

Price bounced around slightly after that, rarely topping $0.02 and also not going below $0.01. By the end of 2019 the price of UBT was still stuck stubbornly below $0.02.

As the entire universe of altcoins began climbing in 2020, so too did UBT begin to rally. From just below $0.02 at the start of the year the token price has soared to an all-time high of $0.28922 as of February 18, 2020.

UBT Token Price Performance. Image via CMC

When it comes to exchange coverage, UBT does not appear to have that much support. Hotbit has over 60% of the trading volume which means that it is quite centralised. The liquidity also appears to be quite limited which means that you will experience slippage when trading large block orders.

Because UBT is an ERC-20 token you can use any wallet that’s suitable for storing ERC-20 tokens. Some suggestions would be the Ledger and Trezor hardware wallets, MyEtherWallet, MetaMask, Atomic, and many others.

Development Progress & Roadmap2019 was quite a busy year for the Unibright team. There were a number of technical advancements that they brought to the fore as well as some partnerships. These include the following:

Q1: They brought the UniBright framework to product readiness (earlier than initially). They also joined the European Blockchain FoundationQ2: There was further collaberation with Universities and other academic institutions. On the product front, they released the C02 compensation project for "Carbonara".Q3: They integrated Facebook's Libra technology into the Unibright framework. There was also some work on the tokenization of securities.Q4: Perhaps the most meaningful announcement here was their official partnership with Digital and Anyblock Analytics.While Unibright does not have an updated roadmap on their website, they do have this blog post that was published in April of last year. As you can see, there are a number of goals they would like to achieve by the end of this year and by the end of 2024.

By the end of 2020, they would like to achieve the following:

On-boarding More clients: They also would like to lock 15-25% of UBT inside the platform.Development on Automatic Setup: This would allow clients to set up a Unibright Framework SaaS environment, for locking in tokens and enabling token renewal by smart contractThen, the singular goal that they would like to acheive by 2024 is enable mass adoption as they target to lock up 80% of the UBT inside the platform.

Final ThoughtsBy looking for ways to offer blockchain technology in a simple manner to businesses and enterprises Unibright is taking on one of the most critical areas to the adoption of blockchain technology.

Businesses need this new technology for its productivity enhancements, efficiency, and cost-savings potential, but are hesitant to adopt technology with a steep learning curve. With the Unibright solution there’s no need for a business to have any knowledge or expertise in blockchain, but they can still benefit from the technology.

While the team behind Unibright did not come from a blockchain background themselves, they still seem extremely capable, and that could actually give them an advantage in creating solutions that work for non-blockchain companies. Plus having a parent company with several decades of experience in a similar business must work in Unibright’s favor.

They stand out in their avoidance of hype, which is refreshing in the blockchain ecosystem. In place of the hype they have a clear approach to B2B marketing, which makes them more trustworthy. Their website does an excellent job outlining the business use cases for Unibright, and offers several scenarios where the platform would be used to increase the efficiency of a business.

Unibright To the Sky? Image via UniBright Blog

There are some downsides and risks to the project. Most notable of them is the certainty that competition in this space will grow in the coming years as the need for adding blockchain solutions to more businesses increases. Unibright combats this through the extensive experience of the parent company, and through the growing network of partnerships.

There is also the possibility that businesses will never come around to see the need to add blockchain technology. This possibility is truly beyond the control of Unibright, and they need to continue pushing forward under the assumption that businesses will eventually want to move to blockchain technology.

There has also been some criticism over the addition of a token to this platform, and questions over whether tokenization is needed. The plans for scaling the platform make it clear that a token is a necessary component of the platform.

Overall the team is already well positioned and doing well in growing their partnerships and usage of the platform. Once acceptance and use of blockchain technology increases at the business level Unibright will be in a great position to take advantage of that.
2026-06-24 22:48 1mo ago
2020-03-04 16:07 6yr ago
Microsoft, EY and ConsenSys Tout New Way for Big Biz to Use Public Ethereum
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Microsoft, EY and ConsenSys Tout New Way for Big Biz to Use Public Ethereum
2026-06-24 22:48 1mo ago
2020-03-05 00:11 6yr ago
Making Ethereum a safe place for big companies
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In Brief Three blockchain heavyweights unveiled “Baseline Protocol,” an enterprise solution for companies to communicate and transact privately on the Ethereum public blockchain. The protocol relies on Zero knowledge proofs, or ZKP, to keep information private. Ernst and Young, Microsoft and Ethereum venture studio ConsenSys—big guns in the blockchain consulting business—  have joined together to create “Baseline Protocol,” a middleware solution for large companies to communicate and transact privately on the Ethereum public blockchain.

The project was unveiled in a press release earlier today.  The protocol is “an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost via the public Ethereum Mainnet,” per the statement. “The protocol will enable confidential and complex collaboration between enterprises without leaving any sensitive data on-chain.

The enterprise problem with public blockchainsBlockchain has been tossed around in the past as a way to wrangle enterprise data. But one of the big problems with a public blockchain is that any data stored on the network is public. That’s a thorny issue for large corporations, who don’t want to put their private dealings on widely shared blockchain.

The open-source initiative aims to synchronize “internal systems of record,” including ERP data, CRM and other private business processes via the public Ethereum blockchain.

In essence, Baseline offers a set of tools — including zero-knowledge proofs — that allow business transactions, smart contracts and communications to remain private, so that business users can decide what they want to share and with whom.

Zero knowledge proofs, or ZKP, is a complicated form of cryptography that allows two parties to verify things without sharing or revealing underlying data. And it is really the secret sauce for how all of this works. Baseline uses Ernst & Young’s Nightfall ZKP for Ethereum. It also leverages Whisper for secure p2p messaging between partners.

The Github for the protocol says that it’s meant to enable standard ERC-20 and ERC-721 tokens to be transacted on the Ethereum blockchain with complete privacy. It also states the protocol is “experimental solution and still being actively developed,” which would seem to indicate all this isn’t quite ready for primetime yet.

Paul Brody, principal and global blockchain leader at Ernst & Young, told Decrypt that he would not call the technology experimental. Though it’s new, it’s actively being developed and is actually “quite mature.”

“We expect to unveil products for enterprise usage based on this technology shortly,” he said, adding that he expected to see new Baseline-related products unveiled as soon as next month.

How Baseline Protocol works“Companies use all kinds of sophisticated internal systems to transact internally, but when they communicate with each other, they mostly use email and spreadsheets and EDI [electronic data interchange], which is basically text messaging,” Brody said.

In the case of the Baseline Protocol, Brody said there are two things that go on the blockchain. One is a “notarization”—basically a hash of the document and a timestamp, used to authenticate the document. (Note that you don’t put the actual document on the blockchain.)

The second thing is tokens, which can be created, traded and managed on the blockchain.

The tokens are the key inputs and outputs of business processes. This is one of the main things that that Nightfall ZKP keeps private—the transfer of the actual tokens (assets) between the parties. As Brody explained, Baseline also keeps private via smart contracts, business logic, such as the number and price of items negotiated in a contract or purchase order..

“For complex stuff, we notarize and for stuff that we want to market for decentralized services, we are going to do our best to create a digital token instead,” he said. “Blockchains are much more comfortable and much better designed to support digital tokens.”

Enabling these communications, and the use of tokens on the blockchain, will allow parties to access other tools on the blockchain as well, such as loans via decentralized finance, he said. (MakerDao, incidentally one of the founding members of the project.)

Solving the enterprise problemAs an example, say a large company wants to buy something from a supplier. They send a purchase order for 1,000 widgets worth $1 million via the Ethereum mainnet. The supplier may need working capital. “I can use middleware to send the P.O., but on the blockchain, there are a whole set of decentralized financial services as well. In theory, the digital token that represents my purchase order is something my supplier could as security use to obtain working capital,” Brody said.

He pictures Baseline as a way to enable these complex transactions but under privacy, so other companies can’t see how much you’ve borrowed. He believes it will allow companies to use the blockchain for business transactions much the same way people use the internet.

In a bigger sense, the Ethereum blockchain is no longer used as a settlement layer for recording transactions, but a middle or integration layer that is always available, without downtimes, stays the same, and is accessible for all the partners on your network.

Consensys envisions the technology mitigating all of the “heavy lifting” traditionally involved with connecting different ERP and CRM systems with their internal databases while at the same time, maintaining the integrity of the data.

How Baseline Protocol beganIn mid 2019, Ernst & Young, ConsenSys and Microsoft started a supply-chain project codenamed “Radish34,” that uses public Ethereum to enable real-time volume discount calculation across a series of purchase orders. These efforts led to the creation of the Baseline Protocol.

A company called Unibright, which recently joined the effort, will play a “major role” in developing the protocol. 

“Every time a business process changes or state of a business process changes in a private network, the public available Ethereum mainnet is used as middleware to synchronize the states and to build a common frame of reference,” Stefan Schmidt, Unibright’s founder and CTO, explained in a video.

The development for Baseline Protocol is funded by ConsenSys and Ernst & Young. (ConsenSys also funds Decrypt.)  Other companies in the Protocol steering committee include AMD, ChainLink, Core Convergence, Duke University, Envision Blockchain, MakerDAO, Neocova, Splunk, Provide, and W3BCLOUD.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-24 22:48 1mo ago
2020-03-05 08:07 6yr ago
EY, Microsoft and ConsenSys Launch Enterprise Platform on Ethereum Mainnet
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EY, Microsoft and ConsenSys Launch Enterprise Platform on Ethereum Mainnet
2026-06-24 22:41 1mo ago
2025-11-18 10:59 8mo ago
BlackRock Sidesteps the Solana ETF Showdown — Is It a Miss or Masterplan?
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BlackRock Sidesteps the Solana ETF Showdown — Is It a Miss or Masterplan?
2026-06-24 22:40 1mo ago
2019-02-18 02:10 7yr ago
2019 in Crypto is Year of the DEX: NEO’s Nash to Launch, Main Competitor of Binance?
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2019 in Crypto is Year of the DEX: NEO’s Nash to Launch, Main Competitor of Binance?
2026-06-24 22:40 1mo ago
2019-06-21 08:10 7yr ago
Crypto Markets Reach $300 Billion as Bitcoin Chases $10,000
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Crypto markets have hit a new 2019 high; Bitcoin dominating, ETH, BNB and XMR moving, LEO enters top twenty.  Market Wrap It has been another fruitful Friday in crypto land. Markets have hit a new high for the year and as usual it is Bitcoin driving them. A total market cap top of $300 billion was touched a few hours ago as BTC broke through resistance once again surging to a new 13 month high.

The move came a few hours ago during early Asian trading. This time it wasn’t a ‘Bart type spike’ but a gradual grind up through the resistance at $9,600 and on towards an intraday high of $9,800. Since then gains have mostly held as Bitcoin remained around $9,700 with plenty of talk about a further move to $10k today or over the weekend.

Ethereum also got a boost this time as a 4 percent climb lifted it to $280. In comparison however ETH is still way down, over 80 percent of ATH compared to BTC which is now close to 50 percent. There is no doubt that Ethereum will crack $300 and make bigger gains when altseason kicks in but at the moment the going is slow.

Altcoin Outlook The crypto top ten has not reacted with the usual fervor and aside from Binance Coin adding 6 percent nothing else has really moved much. There is a little green with Bitcoin Cash and EOS adding 2 percent each but others such as BSV are falling back.  There has been no movement on XRP, LTC and XLM.

The top twenty is equally lethargic aside from Monero which is still climbing with a further 6 percent today to reach $108. The Bitfinex transparency initiative UNUS SED LEO has arrived on the scene as CMC has just registered a market cap of $1.8 billion jumping it straight into 14th place above Dash. LEO tokens were trading at $1.84 at the time of writing. The rest of the altcoins are up a percent or flat at the moment.

FOMO: Egretia Climbing Higher Today’s top performing crypto top one hundred altcoin is Egretia again as entertainments based token surges 24 percent. A listing in Singapore’s BiUP exchange may have driven some of the momentum for EGT as the team rejoices.

Breaking News: Egretia is currently ranked 77 as per CoinMarketCap!!! EGT has seen the highest gain, growing almost 30% over the past 24H! More info, welcome to join us on telegram : https://t.co/G8oBPqZT64

#egt #blockchain #cryptocurrency #coinmarketcap pic.twitter.com/N0FoeUHwvj

— Egretia (@Egretia_io) June 21, 2019

Nash Exchange is getting a 12 percent boost today and Vestchain has made ten, these are the only three cryptos in double digits. Waltonchain and Grin are at the other end of the list dumping 10 percent each.

Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization surged almost $15 billion to top out at a new 2019 high of $300 billion a few hours ago. A slight correction has dropped markets back to $297 billion at the moment but things are still bullish. Bitcoin is the only thing driving market gains at the moment as dominance increases to 58 percent in its push to five figures.

Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
2026-06-24 22:40 1mo ago
2019-09-11 16:12 6yr ago
Investors Stake 8% Of NEX Tokens As Nash Takes Off
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Investors are rushing to stake Nash Exchange (NEX) tokens, in order to maximize returns from the exchange’s fee-split model.

The address for Nash’s staking smart contract has seen a sharp surge in its balance. More than 700,000 NEX has been added to the wallet since Monday, when Nash went live. That takes the total number of staked NEX tokens up to 2.8M, which is roughly 8% of the circulating supply.

NEX tokens staked in the NASH staking smart contract. Source: NEOSCAN. Creators describe Nash as a ‘distributed finance‘ platform.  In addition to the usual trading facilities found in a DEX, users can also make payments in cryptocurrencies through NashPay.

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Nash’s matching engine was built on the NEO blockchain, but cross-chain integrations allow communications with other protocols. All five Nash founders participated in the ‘City of Zion’ decentralized developer community, and are reportedly still involved in developing NEO infrastructure.

But the project is “not dependent on the NEO network,” said Co-founder Fabio Canesin in April.  The exchange has already incorporated scripting protocols for Bitcoin (BTC) and Ethereum (ETH).

Crypto Briefing first wrote about Nash when the project announced its ICO, to be held in early 2018. But the offering was delayed pending regulatory approval from Liechtenstein’s Financial Market Authority (FMA). Originally scheduled for Q1, the ICO was launched  in September of 2018.

An MVP (Minimum Viable Product) for the exchange went live on Monday, allowing token holders to stake NEX tokens to receive a share of the trading fees. The staking rewards increase according to how long the tokens have been staked.

But the long-awaited launch failed to halt a considerable sell-off of NEX tokens, whose prices began to sink yesterday. After rising to $2.40 per token on Monday, they traded at approximately $1.70 at the time of writing.

Disclosure: This article was edited by Paddy Baker. For more information on how we create and review content, see our Editorial Policy.
2026-06-24 22:40 1mo ago
2019-12-01 10:13 6yr ago
What The Nash Platform Has Achieved So Far
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Ethan Fast has spilled all in a recent interview with CryptoSlate. Fast shares how he got into the crypto space and what encouraged him to kick start the Nash platform. Ethan Fast, the CTO and co-founder of the Nash platform, has spilled all in a recent interview with CryptoSlate.

The self-custody DEX has been gaining some significant movement and attention over the past few months so it’s sure to be an interesting take.

In the interview, Fast shares how he got into the crypto space and what encouraged him to kick start the Nash platform. He also spoke on the challenges of building a good quality user experience and where he sees the blockchain space going over the next few years.

If you want to read the full interview click here, but we’re going to look through the highlights.

The interviewer asked Fast on why he decided to co-start Nash. He responded, saying:

“During the final years of my PhD I began working with a group of amazingly talented people who more or less bootstrapped the NEO blockchain open-source community. We all worked really well together and shared an excitement about the future of digital assets, so the idea of starting a company felt like a logical next step.”

He added:

“In terms of “why Nash?” specifically, the most compact form of our mission is “distributing finance for everyone” and that still does a good job of summing up why we are working on this company. Cryptocurrencies are unique among other assets in the level of control and empowerment they give the people who own them. We want to make these assets and their properties accessible to everyone. Another motto we have is “trust yourselves”, which perhaps gets even more quickly to the point: we want to give people the power to do that! We all love working with the tech, but these are the bigger things we also care about.”

The CTO went onto comment on some of Nash’s most notable achievements or milestones.

“It’s always possible to break things down in different ways, but I’d say our first milestone was the public sale of our Nash Exchange security token (NEX) in 2018. This was an extremely big deal for us and, really, the whole ecosystem, as no one had ever publicly sold and issued a token that also had legal standing as a European security. Getting this done took more than a year of communication and back-and-forth with regulators at the FMA in Lichtenstein. The reason we went through so much pain was to provide investors with legal protections and explicitly pay dividends from the services we are building, which is only possible with a proper security. In the end, more than 15,000 people invested and we raised around twenty million in the public sale.”

He continued:

“Our second major milestone was the release of our exchange in early September of this year. We are the first exchange to demonstrate non-custodial, cross-chain trading of assets and tokens that live on different blockchains (for example, Ethereum and NEO) with performance on par with centralized exchanges.”

For more news on this and other crypto updates, keep it with CryptoDaily!

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2026-06-24 22:40 1mo ago
2024-04-30 12:40 2yr ago
Undeads: A Guide to The Blockchain Survival Game and Metaverse
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Undeads: A Guide to The Blockchain Survival Game and Metaverse
2026-06-24 22:40 1mo ago
2025-11-12 09:00 8mo ago
Ethereum Ready To Explode To $12,000 By January, Says Tom Lee
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Funstrat co-founder Tom Lee says Ethereum could be the crypto market’s near-term leader, targeting a move to $12,000 by January on the back of Wall Street’s tokenization push and rising growth expectations for smart-contract platforms. In an interview released Nov. 10 with Tom Nash, Lee emphasized that while Bitcoin remains under-owned, “there’s a bigger move in Ethereum” over the next several weeks as capital reallocates toward the rails that power stablecoins and tokenized assets.

Why Ethereum Is Poised To Rally Soon Lee anchored his call to a blend of technical and fundamental drivers. Citing Funstrat’s head of technical strategy, he noted: “Mark Newton […] thinks we can be like $9,000 to $12,000 by January. I think that’s about right. I think Ethereum […] more than doubles between now and year end or between now and January.” In parallel, he said Bitcoin could reach the “high $100,000s, maybe even $200,000 by the end of the year,” while reiterating that Ethereum likely has the bigger near-term upside.

The crux of the Ethereum thesis, as Lee laid it out, is that the demand side of crypto is shifting toward applications that depend on smart contracts—precisely the domain where Ethereum is most entrenched.

“Even Cathie Wood wrote about it. She thinks stablecoins have been cannibalizing demand for Bitcoin and gold and tokenized gold is cannibalizing demand for Bitcoin. But stablecoins and tokenized gold run on smart contract blockchains like Ethereum,” he said. He added that “Wall Street is building and Larry Fink wants to tokenize everything on the […] blockchain. That means Ethereum is where people are starting to raise their growth expectations.”

Lee argued that this change in growth expectations matters as much as, if not more than, headline monetary policy over short windows. While acknowledging that the Federal Reserve remains a critical backdrop, he framed potential December easing as a catalyst for risk assets broadly—financials, small caps, and tech—and, by correlation, crypto. “If they cut in December, they’re confirming they’re on an easing cycle,” he said, calling that “really bullish” for equities most tightly linked to growth and liquidity. In Lee’s framework, those same flows support crypto assets—and Ethereum in particular—into year-end positioning.

The fund manager also located the crypto setup within a larger “super-cycle” he’s been mapping for years. He contends that markets are still in the early innings of an AI-driven capex boom and a demographic regime that keeps demand for productive technology elevated. That backdrop, he said, has repeatedly wrong-footed bears who anchored on yield-curve inversions and 1970s inflation analogs.

“People have a hard time understanding and grasping super cycles […] we look for story arcs that last 10 to 15 years,” he said, arguing the last three years showcased “mass misconceptions” about recession and persistent inflation that never reconciled with reported earnings.

The Macro Backdrop Pressed on risks to the call, Lee downplayed the idea that inflation is about to re-accelerate and argued that oil would need to approach levels near $200 to deliver a true growth shock to US households. “The most overrated risk is that inflation’s coming back,” he said, pointing to cooling housing and labor metrics and stating that recent claims about re-heating core services inflation were “dead wrong” when checked against the PCE series.

On policy path-dependence, he suggested that even a December hold by Chair Powell would likely accelerate political pressure for a leadership change, muting the medium-term impact on risk assets.

Timing-wise, Lee sees positioning as the near-term accelerant. He argued that institutions remain behind their benchmarks after repeatedly fading rallies through 2023–2025 and that the final weeks of the year often force a chase into outperforming segments. “There is incredible demand for equities because people are really off-sides […] 80% are trailing their benchmark this year […] they’re going to be buying stocks,” he said, adding that the AI trade “is going to come back strong” and that crypto tends to correlate with that move.

For Ethereum specifically, Lee’s case reduces to a simple through-line: the pipes getting built are where the next leg of growth accrues. Stablecoins, tokenized gold, and Wall Street’s broader tokenization agenda are traffic that runs on programmable blockchains; the market, in his view, is only beginning to price that through. “If you’re raising your growth expectations, then your discount to the future is going up,” Lee said, explaining why he believes ETH can “have a huge move into year end” and reach the $9,000–$12,000 range by January.

At press time, ETH traded at $3,447.

ETH bulls need to defend the 0.618 Fib, 1-week chart | Source: ETHUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-06-24 22:40 1mo ago
2024-03-14 15:03 2yr ago
Bitcoin DeFi App Sovryn Is Expanding to Ethereum—Here's How
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Bitcoin DeFi app Sovryn is expanding to the Ethereum blockchain with the help of hybrid layer-2 network developer Build on Bitcoin, the two companies announced on Thursday.

Sovryn is a decentralized platform launched at the end of 2020 that offers lending, borrowing, and margin trading through smart contracts in the Bitcoin ecosystem. Built as a DAO on the Bitcoin sidechain Rootstock (RSK) that allows for the creation of smart contracts, Sovryn has been working to enhance Bitcoin with advanced DeFi capabilities.

The first project that Sovyrn will launch on Build on Bitcoin is a decentralized exchange (DEX) called Dex 2.0. The group claims this project will come with lower gas fees and faster transactions than competitors like Uniswap, and “unparalleled capital efficiency.”

“We've known Sovryn for a long time, and they've definitely been spearheading a lot of the early DeFi work in the Bitcoin space,” Build on Bitcoin co-founder Alexei Zamyatin told Decrypt. “Egan was the first person I called up when we started working on [Build on Bitcoin], trying to get him excited about expanding the Sovryn ecosystem and also trying to learn about the struggles they had.”

A layer-2 protocol refers to technology designed to mitigate congestion on a blockchain by creating a secondary chain that works in conjunction with the main network. For example, the Lightning Network is a layer-2 micropayments protocol for Bitcoin. Other examples of layer-2s include Arbitrum and Optimism on Ethereum.

"With Build on Bitcoin, you can use 350 [Ethereum Virtual Machine] wallets," Zamyatin said. "For the layman, that means you can pick almost any wallet; it doesn't necessarily need to be Bitcoin only or deal with UTXOs. It makes the whole thing much more user-friendly."

In January, Sovyrn launched BitcoinOS, which uses what the company called “sovryn rollups” to create a foundational layer for decentralized apps (dapps) on Bitcoin.

“By joining forces with BOB, we are not only expanding Sovryn's reach but also creating a DeFi ecosystem that is accessible to millions of Bitcoin users worldwide,” Sovryn co-founder Egan Yago said in a statement.

On Sovryn’s Dex 2.0, Zamyatin explained, users can select different networks via the user interface, such as the BOB Ethereum layer-2 protocol. He noted that the selection process is similar to choosing between Ethereum, Optimism, and Arbitrum on Uniswap.

When asked why developers are focused on bringing DeFi to Bitcoin, Zamyatin said it was because of Bitcoin's reliability.

"Bitcoin is the backbone of the entire Web3 ecosystem. If Bitcoin falls, everything else falls, if everything else breaks Bitcoin is still there," he said. "I think that is one of the main properties of Bitcoin—it's stable and robust. Bitcoin is predictable."

With renewed interest in the number-one blockchain by market capitalization stemming from projects like Ordinals and the approval of Bitcoin ETFs, Zamyatin is optimistic about the future of Bitcoin development.

“Bitcoin had its harsh times when nobody wanted to really engage with it,” Zamyatin said. “We both had a feeling that it was going to have a renaissance, and luckily, we were right.”

Edited by Ryan Ozawa and Andrew Hayward

Editor's note: This story was updated after publication to clarify descriptions of Sovryn and Build on Bitcoin.

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2026-06-24 22:40 1mo ago
2024-03-15 17:08 2yr ago
Bitcoin DeFi App Sovryn to Deploy on Hybrid Layer 2 Network Build on Bitcoin
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CoinGecko News
Original source text
Bitcoin DeFi App Sovryn to Deploy on Hybrid Layer 2 Network Build on Bitcoin
2026-06-24 22:40 1mo ago
2025-03-26 14:46 1yr ago
Beyond a Store of Value: Bitcoin’s Big Leap into DeFi
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CoinGecko News
Original source text
Beyond a Store of Value: Bitcoin’s Big Leap into DeFi
2026-06-24 22:40 1mo ago
2025-05-13 13:06 1yr ago
What Is BTCFi? A Guide to Bitcoin’s DeFi Ecosystem
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CoinGecko News
Original source text
What Is BTCFi? A Guide to Bitcoin’s DeFi Ecosystem
2026-06-24 22:39 1mo ago
2026-05-08 15:39 2mo ago
Spot Bitcoin ETFs Pull $1.97 Billion in Biggest Monthly Surge Since November
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CoinGecko News
Original source text
Spot Bitcoin ETFs Pull $1.97 Billion in Biggest Monthly Surge Since November
2026-06-24 22:39 1mo ago
2026-05-12 21:54 2mo ago
BeInCrypto Institutional Research: 15 Digital Asset Managers Leading Institutional Investment
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BeInCrypto Institutional Research: 15 Digital Asset Managers Leading Institutional Investment
2026-06-24 22:39 1mo ago
2026-05-15 02:25 2mo ago
The Jane Street Agenda? Ethereum (ETH) Identified As Next Key Target By Experts
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Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH). 

The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin (BTC).

From Bitcoin Retreat To Ethereum Expansion Jane Street, one of Wall Street’s most active proprietary trading firms, reportedly reduced multiple Bitcoin-linked holdings in the first quarter (Q1) of the year, while meaningfully increasing its exposure to assets tied to Ethereum.

Jane Street’s position in BlackRock’s iShares Bitcoin Trust (IBIT) fell by 71% quarter-over-quarter to about 5.9 million shares, with a reported value near $225 million. 

The firm also cut its stake in Fidelity’s Wise Origin Bitcoin Fund (FBTC), where holdings fell approximately 60% to around 2 million shares, valued at nearly $115 million at quarter-end.

The reduction also extended to Strategy (previously MicroStrategy). Jane Street’s Strategy holdings fell from about 968,000 shares in Q4 2025 to roughly 210,000 shares by the end of Q1. The reported value declined from close to $146 million to around $27 million. 

But while the firm was dialing back Bitcoin exposure, it was simultaneously building its Ethereum footprint. Jane Street expanded its holdings in Ethereum ETFs, with positions in BlackRock’s iShares Ethereum Trust nearly doubling during the quarter. 

The firm also added substantially to Fidelity’s Ethereum fund. Combined additions across the two ETH products were estimated at approximately $82 million.

Smaller Derivatives, Bigger Impact? The move is now being framed by analysts as a potential continuation of the same pattern some observers associate with Jane Street’s earlier Bitcoin-linked controversies. 

Analysts at Bull Theory suggested that the firm behind a “daily 10 AM Bitcoin dump,” the same firm that was reportedly sued for insider trading in the $40 billion LUNA collapse, and the same firm with $567 million frozen by Indian regulators could now be targeting Ethereum. 

Their central argument is that ETH may be easier to move than BTC, primarily because of market structure and scale. Bull Theory pointed out that Bitcoin futures open interest stands at roughly $60 billion, while Ethereum’s is slightly more than half at about $34 billion. 

The thesis is that a smaller derivatives market can make it possible to influence price with a smaller amount of capital. They also emphasized relative market size, noting that ETH’s market cap is $273 billion compared to BTC’s $1.6 trillion. Under their logic, the same amount of capital would create 6 times greater price impact in ETH.

The analysts also argued that the Ethereum ETF market is still relatively early. They claimed that Bitcoin ETFs hold roughly 6.67% of all circulating BTC supply, while Ethereum ETF penetration is lower, meaning there may not yet be the same institutional “demand floor” to absorb coordinated selling. 

Their conclusion was pointed: they believe the rotation into Ethereum is not happening primarily because Jane Street is forecasting bullish fundamentals for ETH, but because Ethereum is “easier to move.”

The daily chart shows ETH’s attempt to reclaim the key $2,300 level as support. Source: ETHUSDT on TradingView.com At the time of writing, ETH was trading at around $2,292, with almost no change from Wednesday’s price. Meanwhile, other assets such as Bitcoin and XRP saw gains of around 2% and 4% respectively during the same period. 

Featured image created with OpenArt, chart from TradingView.com 
2026-06-24 22:39 1mo ago
2026-05-18 13:32 2mo ago
Goldman Sachs Dumps XRP and Solana, Cuts Ethereum Exposure by 70%
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CoinGecko News
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Goldman Sachs Dumps XRP and Solana, Cuts Ethereum Exposure by 70%