Author: CryptooTimes
MEV SNIPING! It’s not clear exactly what started it all, but top Ethereum developers locked horns on the social-media platform X, in an intense and almost uncomfortable-to-observe debate touching on the practice of maximal extractable value, or MEV – essentially, the use of sophisticated trading bots to frontrun user transactions at the point of execution. On May 16, Ethereum core developer Péter Szilágyi tweeted about his despair over the lack of progress in pushing to solve some of the blockchain’s most vexing issues. “Voila, the banking system recreated,” he wrote. One of his points was that Ethereum had “glorified” MEV,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WienerAI, a memecoin combining AI and crypto, draws bullish price predictions from a prominent crypto trader. It is no secret that the memecoin and AI sectors are booming, and this provides great potential for the new WienerAI presale. Intertwining the virality of memecoins with the utility of AI, WienerAI stands as one of crypto’s trending prospects. The project is currently in its presale phase and recently crossed the $2.5 million total raise milestone, reflecting a growing excitement among investors.…
ADA price remains in a downtrend as a handful of factors weigh on the altcoin. Source link
The Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country. Source link
Flipside’s new report revealed that Render Network and Helium Network have emerged as Solana’s DePIN sector leaders. Decentralized Physical Infrastructure Network (DePIN) leverages decentralized, community-powered networks to enhance infrastructural efficiency and resilience, particularly for industries like AI and data storage. By incentivizing decentralized services, DePIN unlocks a wide array of use cases within and beyond the Web3 space. According to the Flipside report, Solana has emerged as a leading platform for DePIN projects owing to its high-speed transactions, low costs, and robust infrastructure. “DePINs rely heavily on community participation since they are decentralized hardware networks,” Garrison Yang, chief strategy &…
Market observers are conflicted over what could happen following SEC approval of a spot Ether ETF. Source link
Laszlo Hanyecz is famous for spending 10,000 bitcoin on two pizzas. But his involvement with Bitcoin development goes much deeper than food purchases. Source link
President Joe Biden’s administration will neither support nor veto the Financial Innovation and Technology for the 21st Century Act (FIT21). In an official statement dated Wednesday, the Executive Office of the President expressed opposition to the current iteration of the FIT21 Act should the U.S. House of Representatives vote in favor of it in the coming hours. The statement highlighted concerns that the FIT21 Act, as it stands, would affect America’s regulatory framework for digital assets. Despite this oppotion, the Biden administration emphasized its willingness to collaborate with policymakers to develop clear crypto legislation. “The Administration is eager to work…
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange. Source link
The commission, an independent statutory body, started an investigation into into the iris biometric cryptocurrency project in December following privacy concerns. It carried out 10 visits between December 2023 to January 2024 across six premises that were involved in the operation of the project. Source link
