US debt ceiling, declining trust in banks send ETH staking to record highs

US debt ceiling, declining trust in banks send ETH staking to record highs

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount of ETH staked in May does not include…

Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue

Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue

Block (formerly known as Square) – an American multinational technology conglomerate founded by Jack Dorsey – disclosed $1.83 billion of bitcoin revenue generated from its Cash App payment service in Q4, 2022.  The…

Crypto Billionaires Saw Massively Declining Fortunes in 2022

Crypto Billionaires Saw Massively Declining Fortunes in 2022

2022 has been the year everything crashed for the crypto industry. The latest Forbes report shows that even the richest in the sector were significantly affected, as the top 17 crypto billionaires lost $116 billion…

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