Bitfinex records the highest gas fee on Ethereum network worth $23M
On September 27, the crypto exchange Bitfinex made a significant transaction by sending $100,000 worth of the stablecoin Tether (USDT) to the layer-2 subsidiary platform DeversiFi and was charged $23M in gas fee. The exchange paid 7,676 ETH, or $23.7 million, for unknown reasons, making it the biggest gas fee ever recorded on the Ethereum […]
Morgan Stanley increases its crypto exposure through Grayscale’s Bitcoin Trust
Morgan Stanley, a major American financial firm, has more than doubled its holdings in Grayscale Bitcoin Trust by more than 105% since April. The Morgan Stanley Europe Opportunity Fund , which invests in known and growing firms throughout Europe, owned 58,116 shares of the Grayscale Bitcoin Trust, or GBTC, as of July 31, according to […]
Coinbase users can now deposit paychecks directly into their accounts
Employers in the US will soon be able to deposit their employees’ wages straight into their Coinbase accounts, employees will also have the option to deposit “as much or as little” of their paychecks based on the new feature. Coinbase senior director of product Prakash Hariramani announced in a blog post on Sept. 27 that […]
Former Ethereum developer pleads guilty to violating the US sanctions law
Virgil Griffith, an Ethereum (ETH) developer, has pled guilty to a federal allegation of conspiring with North Korea to violate US sanctions law after nearly two years of the legal battle between Griffith and U.S. prosecutors. Griffith pled guilty to conspiring to violate the International Emergency Economic Powers Act , which prohibits citizens of the […]
Yellow Card crypto exchange closes a $15M Series A fundraiser
African Yellow Card cryptocurrency exchange has closed a $15 million Serie A fundraising round sponsored by some of blockchain’s largest venture capital firms. Yellow Card announced Monday that the campaign, which was characterized as the largest ever by any African cryptocurrency exchange, will allow the company to extend its operations across Africa and onboard fresh […]