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Day: June 6, 2023

cryptocurrency June 6, 2023

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws.  Advertisements This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC). Dorsey […]

cryptocurrency June 6, 2023

Advertisements ETH’s daily active addresses and daily transactions have declined of late.  On-chain metrics gave hope for a price uptick in the coming days.  Ethereum [ETH] has witnessed quite a few interesting developments over the last few days. At first glance, it seemed that network usage had increased, while the rest of the metrics suggested […]

cryptocurrency June 6, 2023

Advertisements The Shanghai upgrade allows validators to withdraw the staked ether (ETH) that has been locked in the network. Ethereum has just had its first major upgrade, or “hard fork,” since transitioning to a proof-of-stake system. The Shanghai upgrade allows validators to withdraw the staked ether (ETH) that has been locked in the network. While […]

cryptocurrency June 6, 2023

Advertisements The SEC lawsuit against Binance led to outflows of over $750 million on Ethereum in the past 24 hours, with outflows still exceeding inflows. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance — accusing the crypto exchange of violating various securities laws — has directly impacted the crypto market and the […]

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