Kannan warned against excessive risk-taking; advocated addressing issues separately from Ethereum’s core protocol.

The Chopping Block discussed Ethereum’s consensus and risks of overloading with EigenLayer founder Sreeram Kannan.

Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a joke to mock what many saw as an irrational investment hype surrounding cryptocurrencies.

Celsius filed for Chapter 11 protection in July, one of several crypto lenders to go bankrupt following the rapid growth of the industry during the COVID pandemic.

New Jersey-based Celsius also confirmed that it has secured a backup bid with the Blockchain Recovery Investment Consortium (BRIC), a holding company affiliated with the Winklevoss-owned Gemini Trust.

The cross-chain purchases with NFTrade work on Ethereum, Polygon, Avalanche and BNB Chain. For example, if users want to buy an item on Avalanche, they can pay with a currency from any of the other three networks. The protocol will automatically swap the buyer’s tokens on the sending chain for the token the seller wants on the receiving chain, allowing it to then pay the seller and release the NFT to the buyer. This entire process is done in a decentralized way, and at no point does the developer take custody of the buyer’s funds, the announcement stated.

A new feature on nonfungible token marketplace NFTrade allows collectors to purchase items on one network while paying on a separate one. The feature was created through an integration with cross-chain messaging protocol Rarimo, according to a May 23 announcement.

According to Saylor, the limited adoption of Bitcoin as a treasury reserve asset among public companies, with only 24 listed companies holding it according to CoinGecko, may not be surprising considering various factors. Saylor pointed out that one significant challenge is the accounting treatment of Bitcoin as an indefinite and intangible asset.

The co-founder of MicroStrategy and notorious Bitcoin (BTC) fan Michael Saylor, shared some of his thoughts relating to the crypto space in a recent interview at the Bitcoin 2023 conference which was held between 18-20 May in Miami. One of the focus points from the interview was the lack of regulatory clarity around crypto, which Saylor stated is intentional.

A long-term wedge chart pattern was present on ADA’s daily chart, which suggested there may be a breakout soon.

The altcoin nearly lost the $0.3562 support level over the weekend, but bulls were able to defend the price point.

ADA’s price was down 0.42% and was trading at $0.3637 at press time.

According to Jack Mallers, the CEO and founder of Zap, Strike’s parent company, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.” Speaking to Fortune, Mallers revealed that relocating its headquarters to El Salvador was a response to the growing anti-crypto regulatory sentiments in the United States.

Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina.

AGIX closing today’s trading session above $0.29845 would invalidate this bearish thesis. Should this happen, it could make a move to the next resistance level at $0.32890 in the next 24 hours.

Traders should, however, take note of the fact that the RSI was in overbought territory, which may be an early indication of a correction in the next 48 hours. This potential price pullback could result in AGIX’s price dropping to the recently-flipped $0.29845 level. If this level fails to hold, the next target will be the $0.27109 mark.

While the risk associated with crypto assets is low, BOK advised establishing a comprehensive response system to prepare for potential threats.

Coins issued by domestic exchanges abroad cannot be listed on their own exchanges. The BOK concluded that supporting self-issued coins, similar to FTX’s FTT, and manipulating prices through affiliated entities like Alameda is unlikely in the Korean context.

Looking at BTC’s daily chart, its price was attempting to flip the 9-day EMA line into support and was trading above the level at press time. A close above this EMA line will serve as an early sign of the market leader’s price climbing to $28,324 in the following days. However, a close below this level today could result in a price drop toward $26.5K.

At press time, both cryptos were in the green over the past 24 hours. BTC’s price stood at $27,380.94 after it was able to climb 1.99%. Meanwhile, ETH was changing hands at $1,826.54 following its 0.99% gain. In addition, ETH’s positive price movement over the last day was also able to push its weekly price performance back into the green at +0.57%.