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According to a press release on October 15th, cryptocurrency exchange Kraken announced that it has successfully integrated with EigenLayer, allowing users to reclaim Ethereum (ETH) directly from the platform.This partnership aims to simplify restaking and make it available to a wider range of users. Access to the Service is currently limited to verified Kraken Pro users at intermediate level and above. Also, due to regulatory reasons, US residents are not eligible to participate.Regain accessibilityMark Greenberg, global head of asset growth and management at Kraken, noted that risk-staking is one of the most important developments in the cryptocurrency space this year.…

So enjoy Blockworks.co's Forward Guidance Newsletter! Get the news delivered straight to your inbox tomorrow. Subscribe to Forward Guidance Newsletter. Harris again takes issue with cryptocurrencies Hours after pledging to support Black men's right to safely invest in cryptocurrencies, Vice President Kamala Harris' Monday night speech stopped short of providing details. Harris' Opportunity Agenda for Black Men was released Monday morning. The policy proposal emphasizes how the administration will uplift the community of Black men by giving them the tools to “build wealth, support their families, and lead their communities.” Is it one of the tools to build wealth? Give…

Cryptocurrency markets are trading relatively flat after spiking during the day as Donald Trump's election odds increased. cryptocurrencyprice Gain +/-Bitcoin BTC/USD $66,756.23 +1.2%Ethereum ETH/USD $2,584.21-1.4%Solana Sol/USD $154.66-0.6%dogecoin doge/usd $0.1146-0.7%Shiba Inu SHIB/USD $0.00001806-0.8% Notable statistics: According to IntoTheBlock data, large transaction volume is up 73.8% and daily active addresses are up 17.4%. Transactions over $100,000 increased from 5,104 to 9,217 in one day. Exchange net flows fell by 2,523%. According to Coinglass data, 97,280 traders liquidated for $312.03 million in the past 24 hours. Long crypto liquidations amounted to $169.4 million, the highest amount since October 2nd. Notable developments: Top gainers:…

VanEck is diversifying with the launch of a new venture fund. The $30 million fund focuses on early-stage startups, with the aim of investing in fintech projects, particularly at the intersection of cryptocurrencies and AI. “These two components are very similar to horizontal technologies. And I say that because cryptocurrencies are like a value layer where AI can take advantage of financial services that are normally performed by humans. You can express that in code and start automating things,” general partner Wyatt Lonergan told Blockworks. read more: From crypto ETF to VC: VanEck announces $30 million fund The fund has…

A closely watched cryptocurrency analyst and trader believes Bitcoin (BTC) still has gas left in the tank despite its recent surge. Pseudonymous analyst Altcoin Sherpa told his 224,900 followers on social media platform X that he is bullish on Bitcoin after it regained support around $60,000. The trader said he expects Bitcoin to reach close to $70,000 due to the recent rally. “BTC hours are over $68,000. Liquidity is below recent wick lows. Let's see if we can get the high price. after that? I have no clue. But we remain bullish until proven otherwise. ” Source: Altcoin Sherpa/X As…

A British man named James Howells is currently suing local authorities to recover a hard drive containing 8,000 BTC worth approximately $647 million. And that's exactly the amount he's suing them for — because he's blaming them for not having it. Back in 2013, Howells' then-partner accidentally threw away the hard drive along with a bunch of other junk. At the time, Bitcoin was already worth just under £1 million, but since then the value of these coins has increased significantly. Video by VICE Now, for good reason, he wants to find the hard drive again. Note that he didn't…

The whales started moving again. Data from blockchain company Arkham Intelligence showed 'Ancient whale' captured on Monday Bitcoin Over the course of 15 years, he moved a further portion of his vast holdings to American cryptocurrency exchange Kraken. Mr. Arkham has been tracking whales for a while. At the beginning of the month, investors who acquired Bitcoin in 2009 coins moved It is worth about $3.6 million to the Kraken. 𝗔𝗡𝗖𝗜𝗘𝗡𝗧 𝟮𝟬𝟬𝟵 𝗪𝗛𝗔𝗟𝗘 𝗡𝗢𝗪 𝗦𝗢𝗟𝗗 $𝟱.𝟰𝟳𝗠 𝗕 𝗧𝗖 The ancient Bitcoin whale we are tracking mined BTC 5 days after Bitcoin's first block (January 13, 2009) and just moved an…

U.S. Donald Trump looks at a debit card used to distribute COVID-19 relief money to citizens during a Cabinet meeting in the East Room of the White House on Tuesday, May 19, 2020 in Washington, DC, USA. president.Kevin Dietch | Bloomberg | Getty ImagesDonald Trump's new cryptocurrency project has gotten off to a rocky start.World Liberty Financial, which aims to be a type of crypto bank, announced the move a day after project co-founder Zachary Folkman said “well over 100,000 people” were on a whitelist for investments. The token sale started on Tuesday.However, WLF's website suffered periodic and prolonged outages…

PancakeSwap is launched PancakeSwapX allows users to exchange tokens in both Ethereum and Arbitrum without incurring transaction fees or gas costs. Traditionally, trading on decentralized exchanges involves such costs, but PancakeSwapX eliminates those costs, making trading easier and more affordable. PancakeSwapX allows users to enjoy commission-free trading. This is an attractive feature for frequent traders who want to save money. Additionally, there are no gas fees typically required to process transactions, especially during times of network congestion, making transactions smoother and more accessible. PancakeSwapX aggregates liquidity from various sources to provide better prices for your trades. We draw liquidity from…

Ethereum has consistently been a leader, driving the development of decentralized applications and smart contracts. The recent introduction of Ethereum Improvement Proposal 7781 (EIP-7781) by Illyriad Games co-founder Ben Adams marks a key moment in Ethereum’s ongoing evolution. If approved, this proposal aims to reduce block time from 12 seconds to 8 seconds, adjust rollup latency, and increase blob capacity. These changes can have a significant impact on Ethereum's scalability, efficiency, and user experience.Analysis of EIP-7781: Technical perspectiveEIP-7781 is a comprehensive proposal that addresses several key challenges facing the Ethereum network. The core of this proposal is to reduce the…