Crypto News
Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushingSource link
Where Will Sam Bankman-Fried Be Sent to Prison? The Options Are Bleak
A 25-year sentence means SBF will likely be sent to a medium-security prison. That’s bad news for the disgraced FTX co-founder.Source link
Bitcoin or MicroStrategy Stock? Analyst Says MSTR Trades at ‘Unjustifiable Premium’ Over BTC
The Kerrisdale investment firm says that the software company's stock will take a hit because its price is now unjustified.Source link
Bitcoin and Ethereum Trading Flat While Dogecoin Dominates the Market
Heavyweights like Bitcoin and Ethereum are cooling off, but Dogecoin spiked to its highest price since 2021 and other coins are gaining.Source link
Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence
In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within the cryptocurrency industry. Crypto Mogul Sam Bankman-Fried Handed 25-Year Sentence; $11 BillionSource link