Crypto News

Ethereum’s Dencun Upgrade Reaches Final ‘Holesky’ Testnet, Starting Countdown to Data ‘Blobs’

The test simulated “proto-danksharding,” a technical feature aimed at reducing the cost of transactions for rollups as well as making data availability cheaper.Source link

CoinFLEX Creditors React to OPNX Closure: ‘They Have Left a Trail of Destruction’

"They think it's the greatest fun in the world," a CoinFLEX creditor told Decrypt. "But, OX.Fun is just the reincarnation of OPNX."Source link

Rollup Platform Dymension’s DYM Reaches $5.2B Valuation After Botched Start

As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large network influence.Source link

Hong Kong Chamber of Commerce Wants Chinese Yuan-Backed Stablecoin

The business advocacy organization suggested the issuance of yuan-backed stablecoins alongside the launch of a "Virtual Asset Connect Scheme."Source link

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback

The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework. (Read More)Source link