The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Two people were arrested after allegedly orchestrating a scheme involving more than $73 million being laundered through U.S. financial firms.
The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.
Zksync said Friday in an X post that it would soon roll out its v24 upgrade, fueling rumors it would do an airdrop this summer.
Kraken may follow OKX, which pulled Tether trading pairs in Europe in March of this year as stablecoin regulation loomed.
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto’s big rally this week continues.
It’s not surprising that the impact of the Wells notice would be material to the DeFi space, but it’s unclear now what can help.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.
Sfraga also purportedly engaged in fraudulent behavior around crypto staking, claiming it was an “ironclad situation” with “no risk.”
