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Web3 is here to offer a decentralized future. However, the mass adoption of Web3 is significantly bottlenecked by user experience. From a DeFi swap to token approvals, all these interactions require an understanding of seed phrases, gas fees, and transaction signing. Besides, using blockchain applications can also feel challenging. This is where account abstraction in Web3 comes to the rescue. This is a significant innovation that has simplified blockchain interactions, enabling programmable wallets and gasless transactions. In this blog, we will explore what account abstraction is in Web3, its importance, and how it works. Besides, you will also get to…
Ripple has finished its $1.25 billion purchase of Hidden Road and rebranded the firm as Ripple Prime, company leaders confirmed. According to executive remarks, the deal makes Ripple the first crypto company to own and run a global, multi-asset prime broker. Related Reading Ripple President Monica Long said on X that the “future ahead is mighty bright,” and reports show the company is already moving to use XRP in new ways inside the prime brokerage business. Ripple Completes Hidden Road Deal Based on reports, Ripple Prime began life on Hidden Road’s backbone, a platform known for fast growth among non-bank…
Ethereum (ETH) is once again teasing a turnaround. Over the past month, the Ethereum price has slipped about 1.9%, but the past seven days show a mild 2.1% rebound, as traders attempt to recover lost ground.Still, the broader tone remains slightly negative. Previous bounces failed to extend into full rallies, repeatedly capped at key technical levels. Now, with on-chain data shifting again, another rebound is forming — and this one looks more convincing.Sponsored Whales Add While Dormant Holders RiseThe Spent Coins Age Band, a metric that tracks how much ETH moves across wallets of all ages, has dropped from 346,000…
Pumpfun continues to expand its presence in the memecoin trading stack and now challenges trading bots in what some investors are calling Pumpfun’s “Phase 2.”Memecoin launchpad pumpfun announced its newest acquisition today, closing a deal to add Padre, a multichain trading terminal, to its ecosystem.Padre is a memecoin trading terminal live on Solana, Base, Ethereum, and BNB Smart Chain, and looks to compete in the trading bot space, which is currently dominated by Axiom. Padre has a market share of around 5%, according to Dune Analytics.Trading Bot Market ShareThe acquisition marks pumpfun’s latest move towards controlling the entire memecoin trading…
21Shares, a prominent crypto asset issuer, has amended its S-1 filing for a spot Sui (SUI) ETF with the U.S. Securities and Exchange Commission (SEC), incorporating staking features, Nasdaq listing confirmation, and other operational details. The market reacted quickly, with SUI price surging 2.5% within an hour of the filing, reflecting growing investor interest in regulated crypto investment vehicles. Staking Added to Sui ETF Structure The updated S-1 filing introduces a comprehensive staking section, outlining the trust’s approach to staking SUI assets. This includes important parameters such as the unbonding period for staked tokens, redemption patterns, trust size and concentration,…
Cardano (ADA) price has been trading quietly, up just 2.2% over the past week. But this sideways movement might not last much longer. On-chain data shows whales are back in action, while broader market conditions suggest the network could be preparing for a shift in direction.The next few days may decide whether this slow buildup turns into a full reversal or fades like previous attempts.Sponsored SponsoredWhales Add as Dormancy Starts to BuildOver the past two days, Cardano whales holding between 10 million and 100 million ADA have been quietly increasing their holdings. Their combined stash rose from 13.16 billion to…
The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics.According to an Oct. 8 report by Esports News, the Counter-Strike 2 skin market at the time reached a new high of nearly $5.78 billion. A separate Thursday report by Eurogamer said that almost $2 billion of this market was liquidated following a recent game update.The game’s producer, Valve, has changed the trade-up system so that players can now convert five low-rarity (covert level) skins into a knife or a pair of gloves, which were previously exceedingly rare. That…
Binance founder and former CEO Changpeng “CZ” Zhao is making headlines again following the full pardon granted by former U.S. President Donald Trump. The pardon comes after CZ served a four-month sentence for alleged banking violations, surging renewed debates over cryptocurrency regulation and political influence in the U.S. financial ecosystem. CZ Denies Fraud and Money Laundering Claims Following the pardon, Senator Elizabeth Warren publicly criticized the decision, alleging that CZ engaged in fraudulent and corrupt activities. Warren tweeted that Congress must “unite to stop this corruption,” implying that CZ’s pardon reflects improper political influence. In response, Zhao clarified that he…
Three days. That’s it. TechCrunch Disrupt 2025 — the startup world’s biggest stage — kicks off October 27 – 29 at Moscone West in San Francisco. When Disrupt 2025 arrives, the city doesn’t just host innovation — it amplifies it, transforming San Francisco into a living showcase of ideas, products, and partnerships driving the next wave of tech. Prices jump to the full rate when doors open, so this is your final chance to save up to $444 on your pass and bring a plus-one for 60% off. Got a whole team? Lock in our 15-30% group registration savings. The energy hits in 3… 2… 1… Three days is all that’s left until 10,000 founders, investors, and operators gather at…
SEAL, the nonprofit security organization that has disrupted crypto drainer operations since late 2023, launched a real-time phishing defense network on Oct. 22 in partnership with MetaMask, WalletConnect, Backpack, and Phantom.The coalition deploys Verifiable Phishing Reports technology, which enables users to submit cryptographically attested evidence of malicious sites, thereby bypassing the manual review bottleneck that allows drainers to rotate infrastructure faster than defenders can respond.According to CertiK reports published throughout the year, roughly $538 million was stolen by phishing attacks as of Sept. 30. This estimate excludes the $1.4 billion exploit against Bybit in February.The collaboration addresses an escalation cycle…
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