Author: CryptoHoppers

Vitalik Buterin recently addressed the frequently debated question of “Solana vs. Ethereum,” asserting that Solana’s Proof of Stake (PoS) system is significantly more centralized compared to Ethereum. In a recent interview, Ethereum Co-founder Vitalik Buterin explained that running a Solana node is notably more complex than operating an Ethereum node, and Solana’s PoS model is more centralized. Additionally, many community initiatives on Solana are directly supported by the Solana Foundation. Vitalik stated, “They [Solana] focus heavily on applications and like to talk about DePIN, which they are developing in collaboration with large companies to sell hardware and work with telecom…

Key Takeaways Elon Musk anticipates a presidential pardon for Ross Ulbricht by Donald Trump. Trump has appointed pro-crypto officials to lead key financial regulation agencies. Share this article Elon Musk said Ross Ulbricht, the founder of the Silk Road marketplace, will receive a presidential pardon from Donald Trump. The Tesla CEO stated “Ross will be freed too” in response to a user’s comment on X urging Trump to pardon Ulbricht. Ross will be freed too — Elon Musk (@elonmusk) January 21, 2025According to Angela McArdle, chair of the Libertarian National Committee (LNC), Ulbricht is expected to be pardoned tonight or…

According to a reliable report, Coinbase, the leading U.S.-based crypto exchange, is gearing up efforts to position Bitcoin as a strategic reserve asset for the United States, as CEO Brian Armstrong announced in a company blog post on Friday.  The proposal, which aligns with growing global interest in sovereign Bitcoin reserves, could mark a turning point in Washington’s approach to digital assets.  JUST IN: 🇺🇸 Coinbase endorses creation of a US Government Strategic Bitcoin Reserve. — Watcher.Guru (@WatcherGuru) January 17, 2025 Armstrong’s call for a Bitcoin reserve comes when numerous states are introducing legislation to establish a Bitcoin strategic reserve…

Bank of America states the U.S. economy is headed for instability as Donald Trump enters office, despite the strong employment and retail sales data being disseminated. This has brought renewed focus on the future of the crypto market. Will it thrive? According to reports by Jinshi, Bank of America said on Jan. 20. that employment data, retail sales, and core inflation are holding strong, with core inflation at 3.2%. However, this number for inflation is above the mark, which means the Fed has no room to cut rates any further. In December 2024, the Fed cut rates by 25 basis…

Key Takeaways The meme token associated with Donald Trump plummeted more than 40% on the launch of Melania Trump’s MELANIA token. MELANIA, based on Solana, reached a $10 billion valuation within three hours of launch. Share this article TRUMP, the official meme coin of President-elect Donald Trump, lost over 40% of its value after Melania Trump dropped her own meme coin, Melania Meme (MELANIA).Trump’s meme token traded at around $72 on Sunday and dropped below $39 Sunday evening, CoinGecko data shows. The sell-off wiped out $6 billion of its market value, which peaked at approximately $14.5 billion during the day.The…

Crypto analyst Burak Kesmeci has recently shared another bullish prediction on Bitcoin (BTC), indicating the maiden cryptocurrency may be on an uptrend for the foreseeable future.  In the meantime, BTC continues to hover around $104,000 showing no significant movement over the past day following a strong price recovery in the past week. Bitcoin NVT Golden Cross Nears Local Bottom, Price Uptrend Secured  In an X post on January 18, Kesmeci provided valuable insights on the Bitcoin market using the Bitcoin NVT Golden Cross metric. For context, the Bitcoin Network Value to Transaction (NVT) is a basic ratio of the asset’s…

Key Takeaways The Ethereum Foundation is undergoing a year-long restructuring to enhance technical expertise and ecosystem communication. The foundation aims to reinforce its commitment to privacy, open-source development, and censorship resistance at the application layer. Share this article The Ethereum Foundation is undergoing a major leadership restructuring process, as shared by Ethereum co-founder Vitalik Buterin in a Jan. 18 statement that outlined the goals and explicit non-goals of the process.“We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year. Some of this has already been executed on…

Justin Sun, founder of TRON, shared the remarkable success of its blockchain in reducing illicit crypto activity in the latest post on X. The report published by blockchain intelligence company, TRM Labs highlights that TRON saw the biggest decline in illicit activity, with a $6 billion drop and the proportion of such transactions nearly halving.  In 2024, TRON became a safe haven for wrongdoers as it contributed the largest share of illicit transactions (58% of illicit volume). This is followed by Ethereum (24% of illicit volume), Bitcoin (12% of illicit volume), Binance Smart Chain (3% of illicit volume), and Polygon…

Ever heard of “staking” in the world of crypto and wondered, “What on earth is that?” Well, you’re not alone. Staking might sound like something you do with a tent or a vampire, but in the crypto universe, it’s something entirely different. It’s one of those buzzwords you’ve probably seen tossed around, and if you’ve ever thought, “Should I be doing this?”—stick with me, because we’re diving deep into staking today.So, What Exactly Is Staking?Imagine you’ve got some extra money lying around. Instead of just keeping it in a savings account (where it’ll grow slower than grass on a dry day), you…

Bad actors stole roughly $2.3 billion from web3 projects, with Ethereum accounting for more than half of the total losses. According to the State of Web3 Security in 2024 report from Cyvers, 51% of the stolen funds came from Ethereum-based projects, largely due to its role as the leading blockchain for DeFi and its extensive liquidity. BNB Chain was the second most targeted blockchain, accounting for 24% of losses, while Bitcoin, XRP, and Arbitrum accounted for 5%, 4%, and 3%, respectively. Access control failures accounted for 81% of the total funds lost in 2024, linked to weak authentication and permission…