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Mainnet activity skips layer-2s, but dust attacks muddy the picture

Ethereum, the smart contract blockchain, now handles more daily activity than its cheaper sidechains, called Layer -2 networks. But this comeback has a catch – not all of that Ethereum activity appears to reflect genuine user demand. The number of daily active addresses on Ethereum climbed toward the 1 million mark earlier this month, briefly […]

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UBS offers bitcoin and ether to wealthy clients who increasingly demand access

UBS (UBS), with $6.6 trillion in assets under management (AUM), plans to begin allowing select private clients to buy bitcoin and ether, Bloomberg reported Friday, citing people familiar with the matter. According to the story, the decision to start offering crypto services stems from growing demand from its wealthy clients. “As part of UBS’s digital

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BTC rises above $91,000 as yen rises against US dollar

Bitcoin BTC$89,454.83 regained the $91,000 level in the early US afternoon hours on Friday, continued volatile action and threatened to sustainably break out of its tight week-long range of around $88,000-$90,000. Possibly behind the rapid 2% move from the morning’s lows was suspicion of intervention in the foreign exchange market by Japanese authorities. The Bank

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The exchange plans to bring back tokenized stock trading after retreating in 2021

Binance is considering bringing back tokenized stock trading on its platform after abandoning the product in 2021. Share tokens are digital representations of shares in public companies. Instead of owning an entire share of Apple or Microsoft, an investor can buy a fraction of a share – held and settled on a blockchain – which

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