Institution-focused over-the-counter desk Paradigm saw 18,500 contracts of the $4,400 call option and 14,000 contracts of the $4,200 call option change hands during Asian hours. These trades due for expiry on Dec. 31 were executed on Paradigm and booked on Deribit, the leading exchange for cryptocurrency options by volume and open interest. Source link … [Read more...] about Ether Call Demand Signals Anticipation of Year-End Rally
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Amid call for crypto regulation, hacker uses India’s PM Twitter account to promote fake BTC giveaway
At a time when authorities in India are still grappling with how to deal with the growing influence of the crypto industry, it would be unimaginable to think that the country’s Prime minister could be promoting Bitcoin.But this was what happened yesterday via the official Twitter handle of the PM where a hacker shared a post that the flagship digital asset was now a legal … [Read more...] about Amid call for crypto regulation, hacker uses India’s PM Twitter account to promote fake BTC giveaway
Solana Validators, Engineers Grapple With Blockchain Slowdown on Public Call
Those tensions were on display midday after validators, peeved by slowdowns to Solana’s claimed Nasdaq-like speed, joined an impromptu roundtable. The problem was simple: a network that usually processes over 2,000 transactions per second was stumbling along at speeds below 500. (Ethereum processes around 15 per second.) Source link … [Read more...] about Solana Validators, Engineers Grapple With Blockchain Slowdown on Public Call
Crypto firms call on U.S Congress to move with the times amid regulatory mismanagement
On Wednesday, key executives at six major crypto firms testified before the House Financial Services Committee, saying shoehorning existing rules doesn’t work.Over a near five-hour stint, representatives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar fielded questions to educate lawmakers on understanding the intricacies of cryptocurrency, ransomware, investor … [Read more...] about Crypto firms call on U.S Congress to move with the times amid regulatory mismanagement
Eth2 devs put out call to community to help test out the Merge
Ethereum (ETH) developers have put out a call to the community to help test the long awaited Merge between the Ethereum Mainnet and the proof-of-stake (PoS) based Beacon Chain. The Merge is a major milestone towards the transition to Eth2 as it will see the Ethereum network become a PoS blockchain, decreasing its energy consumption by 99%. On Nov. 29 Ethereum developer Marius … [Read more...] about Eth2 devs put out call to community to help test out the Merge