1inch’s investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside. According on-chain monitoring X account EmberCN, the 1inch team’s investment fund recently sold 37.9 Wrapped Bitcoin (WBTC) at $86,578 each, totaling about $3.28 million, and 511 Ethereum…
Coinbase has announced its support for Celo’s migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during the upgrade. Celo’s move to Layer-2 aims to leverage Ethereum’s (ETH) robust security and…
Cosmos’s development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum. On March 26, co-CEO of Cosmos (ATOM) Maghnus Mareneck announced that they have successfully conducted the first IBC transaction between Cosmos’s central blockchain, Cosmos Hub, and Ethereum (ETH). This test is part of the larger Eureka upgrade, scheduled…
