South Korea’s Crypto Investors Boosts CEX Profits by 106%
Investment portfolios in South Korea remain modest, with 67% of investors holding less than 500,000 won ($362) in crypto assets. During this time period, South Korean cryptocurrency investors witnessed a substantial rise, which coincided with the profitability of the digital asset exchanges in the country. There were 7.78 million cryptocurrency investors in South Korea during […]
Starknet Records 857 TPS, Averages 127.5 Stress Test
Starknet’s new TPS record suggests that Ethereum has scaling potential, but it also raises key questions concerning real-world scalability. On Oct. 29, Starknet, an Ethereum layer-2 (L2) scaling solution, achieved a significant milestone by reaching a peak of 857 transactions per second (TPS) during a controlled stress test. The test recorded an average of 127.5 TPS […]
Ethereum’s Vitalik Buterin Donates $1M+ to Ukrainian Humanitarian Efforts
Vitalik Buterin donated 400 ETH (over $1 million) to four Ukrainian humanitarian nonprofits, including the UHF Fund, highlighting crypto’s role in supporting humanitarian causes. On Tuesday, Vitalik Buterin, the founder of Ethereum, donated 400 ETH, more than $1 million, to four Ukrainian humanitarian non-profits. The potential of cryptocurrency for philanthropic endeavors was demonstrated through exchanging […]
Consensys Announces 20% Workforce Reduction
Consensys CEO Joe Lubin has clarified that the company’s restructuring plan will affect 162 permanent employees. Blockchain firm Consensys has initiated a significant restructuring, reducing its workforce by over 20%. CEO Joe Lubin confirmed that the move affected 162 employees as part of an effort to streamline operations and accelerate the decentralization of its key […]
Joe Lubin Says Consensys Workforce to Reduce by 20%
Consensys CEO Joe Lubin has verified that the company’s restructuring plan will affect 162 permanent employees. Consensys , a blockchain development firm, has initiated a significant restructuring of its operations, resulting in a personnel reduction of over 20%. The move has affected 162 employees, according to Joe Lubin, the CEO of Consensys and co-founder of […]