In an exclusive sitting with crypto.news, Yair Cleper, CEO and founder of Lava network, discussed the intricacies of the Remote Procedure Call (RPC) protocols and their role in the evolution of blockchain tech. RPCs are protocols that allow applications to communicate with a blockchain and are, as such, essential for the development of decentralized applications (dApps)....
On April 22, the net daily capital inflow into spot Bitcoin ETFs was $62.09 million. According to SoSo Value, the top spot in capital inflows on April 22 was taken by the Fidelity Bitcoin Spot ETF (FBTC) crypto fund. It added $34.83 million to its balance sheet, bringing funds under management to $8.18 billion. Source: SoSo Value The...
The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion. According to DefiLlama, the project team lifted restrictions on pool limits, which caused a noticeable increase in total value locked (TVL). This figure was $11 billion at the beginning of March, increasing by $4 billion in less than two months. Source: DeFiLlama EigenLayer’s TVL...
The Blockchain Association and the Crypto Freedom Alliance of Texas have taken legal action against the U.S. SEC. The two groups contend that the SEC is instituting a new rule, adopted in February, that would negatively impact the crypto industry. The SEC’s rule extends federal securities laws to market participants with significant liquidity-providing roles, encompassing cryptocurrency transactions. The complaint,...
Ripple Labs rejected the U.S. SEC’s request to recover $2 billion from the company for institutional sales of XRP tokens. Ripple’s lawsuit states that the amount involved is much smaller and that the agency is trying to intimidate players in the digital asset market. The company filed a motion to dismiss the SEC‘s lawsuit alleging $2 billion. Last month,...
PETALING JAYA: Two naval helicopters crashed during training at the Royal Malaysian Navy (TLDM) stadium in Lumut, Perak on Tuesday (April 23). A video of the incident showed one of the helicopters clipping the rotor of the other aircraft before the two crashed into the ground. The two helicopters involved were a Eurocopter AS555SN Fennec, and an...
PETALING JAYA: No survivors were found at the crash site involving two navy helicopters in Lumut, Perak on Tuesday (April 23). All 10 crew members perished after their helicopters collided during training at the TLDM stadium in Lumut, Perak. According to a statement from the navy, an investigation board will be set up to probe the incident. ALSO...
JOHOR BARU: A housewife lost RM400,000 after falling prey to a phone scam. Johor Baru North OCPD Asst Comm Balveer Singh said the police received a report from the 46-year-old woman on Monday (April 22). "On March 6, the victim received a call from an individual claiming to be an officer from a delivery company, who said...
ISKANDAR PUTERI: Johor police will recommend that Bukit Aman suspend the two policemen who allegedly extorted money from travellers at the Bangunan Sultan Iskandar (BSI) Customs, Immigration and Quarantine complex near the Causeway. State police chief Comm M. Kumar said the matter must be taken seriously as two separate allegations have surfaced against the same policemen. “At...
Showcasing an improved performance in the latest Quacquarelli Symonds (QS) World University Rankings by Subject 2024, Malaysia is now ranked the third highest in Asia and the sixth highest in the world. The country charted a 22% improvement rate in the rankings, which offer independent data on the performance of 240 programmes at 25 Malaysian universities. Among...
