Tech
Daily transactions on the Zilliqa blockchain dropped 47% to under 35,000 after a technical issue interrupted block production on Sunday.
Business
Users can now convert EUR to and from EURC on the high-speed blockchain.
The entity behind the USDT stablecoin said it has frozen around $435 million worth of crypto for the DOJ, Secret Service and FBI.
Bitcoin
The average transaction fee on Bitcoin has hit a 20-month high as unconfirmed transactions on the mempool continue to pile up.
Each phone is allocated BONK, the Shiba Inu-themed memecoin on Solana that has surged more than 600% over the past two weeks. The BONK allocation is now worth more than the retail price of the mobile device.
On its website, Arbitrum said that the sequencer and feed were operational again, it was working to fix technical issues and that it would conduct a post-mortem.
Regulation
The regulator’s decision supports the idea that existing security laws apply to crypto markets.
Ethereum
The Arbitrum Foundation has joined a growing list of contenders to provide Celo a tech stack for its planned migration to being an Ethereum Layer 2 network.
A new research note from the banking giant has a cautious outlook for the crypto industry, and expects Bitcoin to underperform against lofty expectations.
The hardware wallet maker says the vulnerability has been fixed, but users of several dApps and protocols are still being warned against using them until the situation is clearer.
