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10 months, 2 weeks agoEthereum Jumps 11.4% as Whales Accumulate, Boosting Market Sentiment
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this change. Data from the crypto analytics platform Lookonchain reveals that a whale with the…
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10 months, 2 weeks agoCrypto Trends 2024: Scalability, Compliance, and Institutional Adoption
As the crypto winter subsides, businesses in the crypto space are anticipating less turbulent times ahead. This optimism is fueled by growing Bitcoin adoption and increasing institutional demand, which are driving…
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10 months, 2 weeks agoSEC Approves 11 Bitcoin ETFs, Marking Major Step for Crypto
The long-awaited launch of a spot Bitcoin exchange-traded fund (ETF) in the United States has finally taken place. The Securities and Exchange Commission (SEC) has approved 11 products for listing and trading on…
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10 months, 2 weeks agoHedera Council Allocates $408M in HBAR for Growth and Decentralization
The Hedera Council, the governing body of the Hedera network, has approved the allocation of 4.86 billion HBAR (Hedera Hashgraph native cryptocurrency), equivalent to USD 408.2 million. This move is aimed at…
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10 months, 2 weeks agoSolana Ecosystem Thrives in 2023 with Surge in Developer Retention
Solana’s native SOL token emerged as one of the top-performing crypto assets in 2023, with the Layer 1 network’s developer ecosystem also demonstrating consistent growth. The Solana ecosystem experienced a sig…
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10 months, 2 weeks agoBitbot Launches Presale Amid Bitcoin ETF Excitement and Litecoin Dips
The cryptocurrency market is buzzing with activity as Bitbot (BITBOT), a new Telegram trading app, prepares to launch its presale on January 17, 2024. BITBOT holders stand to gain from a unique revenue sharing…
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10 months, 2 weeks agoSEC Chairman Addresses Unauthorized Access to Official Twitter Account
The United States Securities and Exchange Commission (SEC) recently experienced a security breach involving unauthorized access to its official Twitter account, @SECGov X. The incident was confirmed by SEC Chairman…
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10 months, 2 weeks agoSEC Approves Bitcoin ETFs Amid Mixed Reactions and Market Movements
The US Securities and Exchange Commission (SEC) has given its approval for the first set of spot Bitcoin ETFs. This comes after all applicants for the proposed spot Bitcoin ETFs submitted their final amended S-1…
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10 months, 2 weeks agoCoinShares Acquires Valkyrie Funds to Expand US Bitcoin ETF Market
European firm CoinShares is making strides in the U.S. market with the acquisition of Valkyrie Funds, the issuer of a successful Bitcoin ETF. This strategic move comes in the wake of the SEC’s landmark approval f…
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10 months, 2 weeks agoJudge Upholds SEC Claims, Terra Co-Founder Faces Extradition Amid Fraud Allegations
In a significant development in the ongoing lawsuit involving Terraform Labs (Terra) and its co-founder, Do Kwon, a federal judge has upheld multiple key decisions in favor of the U.S. Securities and Exchange…
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10 months, 2 weeks agoRipple and Stellar Lumens Poised to Compete with Swift in Cross-Border Payments
Ripple and Stellar Lumens are making significant strides in the cross-border payments industry, positioning themselves as strong competitors to Swift. The industry is projected to be worth approximately $250…
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10 months, 2 weeks agoBitcoin Hashrate Hits Record High Following US Spot ETF Approval
Bitcoin’s hash rate, the measure of the network’s computing power, recently reached a new all-time high. This surge in hash rate coincided with the debut of spot Bitcoin ETFs in the US. Data from IntoTheBlock rev…
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10 months, 2 weeks agoRegulatory Uncertainty Hinders Africa's Web3 Adoption, Says Cartesi Advocate
Jathin Jagannath, Developer Advocate of Cartesi, a Web3 rollup protocol, has identified regulatory uncertainties as a significant obstacle in Africa’s Web3 landscape. He believes that the lack of clear and w…
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10 months, 2 weeks agoVanguard's Crypto Rejection Ignites Debate on Future of Finance
Financial giant Vanguard’s steadfast refusal to embrace cryptocurrencies, even in the wake of the SEC’s approval of Bitcoin ETFs, has sent ripples through the investment community. This decision has been met wit…
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10 months, 2 weeks agoFTX Customers Contest Motion to Deny 2023 Crypto Profits
The FTX debtors have filed to repay creditors in the same value as the time of the exchange’s collapse, potentially denying them the significant gains made in 2023. The troubled crypto exchange is nearing the f…
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10 months, 2 weeks agoGoogle Removes Offshore Crypto Exchanges from India's Play Store
Google has taken down several offshore cryptocurrency exchanges from its Play Store in India, including Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC. This action comes after the same applications were…
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10 months, 2 weeks agoEthereum L2 Rollups Surge in 2023, EIP-4844 to Slash Storage Costs
In 2023, the Ethereum layer-2 (L2) landscape underwent significant expansion. The demand for blockspace and scaling solutions skyrocketed, with users eager to leverage their relative benefits. The year marked a…
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10 months, 2 weeks agoSEC Approves Spot-Bitcoin-ETFs Amid Controversy and Criticism
For the past six months, nearly a dozen providers have been awaiting the green light from the U.S. Securities and Exchange Commission (SEC) to launch the first spot-based Bitcoin ETF. For years, the agency has…
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10 months, 2 weeks agoWeekInFocus: Global Crypto News, Job Listings, and Upcoming Events
The WeekInFocus report highlights key developments in the global cryptocurrency sector. In New York, a critical review of BitLicense oversight is looming, with the state’s Comptroller, Thomas DiNapoli, expressing d…
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10 months, 2 weeks agoRipple and TRON Lose Spots in HKVAC's Updated Crypto Indices
The Hong Kong Virtual Asset Consortium (HKVAC) has announced significant changes to its crypto indices, reshuffling its top 5 crypto index, top 10 crypto index, and overall crypto index. This has led to the…
