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Ethereum sees grand exodus with over $1b in pending withdrawals

The Ethereum Shanghai Capella update, or “Shapella,” has been completed successfully. This much-anticipated upgrade marks a massive milestone for the ethereum ecosystem, completing the famed move to a complete proof-of-stake consensus mechanism. Withdrawals following the upgrade At 22:27 UTC, the upgrade began and was completed at around 22:42 UTC. About 285 withdrawals in epoch 194,408, […]
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Ledger sees funding success in wake of FTX collapse

The recent collapse of FTX has increased interest in Ledger’s secure storage solutions and led to its recent funding success. The cryptocurrency ecosystem experienced a major shake-up following the FTX collapse, as investors rapidly sought safer storage alternatives for their digital assets. The shift in market sentiment resulted in a significant increase in demand for […]
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Nexo sees 10% of assets withdrawn after police raid

Nexo saw $46 million leave its addresses following a reported Bulgarian police raid on its offices over accusations of being “a large-scale scheme for financial crimes, money laundering and violations of international sanctions against Russia.” Local news outlet Novinite reported that the Bulgarian national television reported that Nexo was hit by a raid as part […]
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