CRYPTO BREAKING NEWS! (12/02/24)

✦ The waitlist for new Ethereum validators has reached its longest since early October, with the validator entry queue jumping to 7,045. This represents over 225,000 ether ($562 million) and is expected to be cleared in just over 48 hours.

✦ The Solana-based exchange, Backpack Exchange will roll out an account trading volume points system. This implementation aims to reward and engage traders by recording their transaction volumes.

✦ Open Positions of BTC and ETH Options Across the Entire Network Total Over $22 Billion

✦ Ex-CEO of Kansas Bank Faces Charges for Embezzling $47 Million for Crypto investments

✦ SyncSwap Launches 404 Wrapper for NFT Conversion on zkSync

✦ Ronin To Upgrade Neo And Implement Miko Hard Fork On February 26

✦ Optimism will suspend ETH withdrawals for one hour on February 15th to test its upgraded event response system, as reported by The Block. The temporary suspension aims to ensure the smooth functioning of the system after the upgrade.