On June 2, the price of Arbitrum (ARB) jumped alongside the top-ranking cryptocurrencies after the U.S. Senate voted to raise the debt limit. Why is ARB price up today? The price of ARB price rose 9% to an intraday high
June 2, 2023
Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio. The insurer’s per-policy coverage limits on custodial cryptoassets will increase to $420 million, “nearly tripling
Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has effectively de-banked the crypto industry itself, at least in the United States. How things panned out with Silvergate, Silicon Valley Bank and Signature —
New data has revealed that cryptocurrency exchange Binance has experienced a loss in market share after it ended its zero-free Bitcoin (BTC) trading. A report by CCData released in mid-May revealed that the exchange market share has continued to slide
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, or approximately 2.46% of the total ETH supply. The amount of staked ETH in May does not include withdrawals and is more than
As the cryptocurrency industry faces regulatory challenges in the United States, public crypto exchange Coinbase is moving forward with its futures contracts. Coinbase, on June 1, revealed its plans to introduce Bitcoin (BTC) and Ethereum (ETH) futures contracts on June
Galaxy Digital CEO Mike Novogratz has described the broader crypto market as being “lackadaisical” — or lacking enthusiasm — due mainly to a shying away of institutional investors from cryptocurrencies. In a June 1 interview with CNBC, Novogratz said that
The Twitter account of Mita Murati, the chief technology officer of artificial intelligence firm OpenAI, has seemingly been hacked with the latest tweet promoting a “scam” cryptocurrency token. On June 2, Murati’s account tweeted what appears to be a phishing
