Crypto News

Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.

Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.

Major tokens seemed to stabilize on Friday morning following a week-long price drop.

ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.

As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.

The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.

Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.

The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs.