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Vitalik Buterin donated 30 ETH ($111,000) to a legal defense fund for Tornado Cash developers via Juicebox. The fund, created via Juicebox, has so far raised 591 ETH ($2.2 million) to legally support Alexey Pertsev and Roman Storm.
Bitcoin price movements may “appear random,” but critical drivers such as inflation are what’s making it move, according to a crypto analyst.
The 11 U.S. spot bitcoin ETFs reported a total daily net inflow of $28.32 million on Wednesday.As of Tuesday, BlackRock’s IBIT became the largest spot bitcoin ETF in terms of net assets.
Web3 credentials platform Galxe plans to launch a new Layer 1 blockchain named Gravity, aimed at streamlining cross-chain interactions. The alpha mainnet, using the Arbitrum Nitro stack, is targeted to launch in June 2024 for preliminary testing. A fully operational mainnet is expected in the second quarter of 2025.
- 17:09Final US one-year inflation estimate for February recorded 4.3%, the highest since November 2023On 21 February, the final expected one-year US inflation rate for February was 4.3%, compared with 4.30% expected and 4.30% previous. US final one-year inflation estimate for February was recorded at 4.3%, the highest since November 2023.
- 17:08US February University of Michigan Consumer Sentiment released at 64.7 against 67.8 expectationsBlockBeats news, February 21, the United States in February, the University of Michigan consumer confidence index final value of 64.7, expected 67.8, the previous value of 67.8. US February University of Michigan long-term inflation expectations rose the most since May 2021 from a year earlier.
- 17:07Four.meme destroys $260,000 worth of TST tokensOn 21 February, Four.meme announced the destruction of 2,780,040 TST tokens (valued at $260,211) acquired from its liquidity pool over the past two weeks. The destruction is aimed at managing the token economy and is part of a planned series of bi-weekly destruction events. The move underscores Four.meme's commitment to supporting projects launched on its platform.