This week, Ethereum staking services have agreed to a 22% limit on all validators to ensure fair markets. August proved to be a costly month for DeFi as several protocols were collectively exploited for $16 million. Balancer protocol lost nearly $900,000 due to a vulnerability flagged months ago. Shibarium’s second launch proved more stable as […]
The United Kingdom has implemented the Travel Rule for crypto, which requires virtual asset service providers (VASPs) to collect, verify and share information relating to crypto-asset transfers. This rule applies to both inbound and outbound payments, and VASPs must make a risk-based assessment as to whether to make the cryptoassets available to the beneficiary. The […]
New York Judge Katherine Failla recently ruled that Ethereum (ETH) is a commodity, rejecting a class action lawsuit against the leading decentralized exchange Uniswap. Judge Failla is also in charge of the SEC’s ongoing case against Coinbase. In her ruling, she stated that the smart contracts involved in the exchange of ETH and Bitcoin were […]
Borroe ($ROE) is an innovative AI-driven funding platform that provides content creators and Web3 users with a unique approach to quickly generate liquidity. It enables users to sell their upcoming earnings sourced from royalties, subscriptions, and invoices to their active and supportive communities. Borroe ($ROE) integrates AI risk evaluation, blockchain technology, and efficient payment solutions […]
Filecoin (FIL) and VeChain (VET) are two of the most popular DeFi projects, and a new entrant, Everlodge (ELDG), is joining their ranks. Everlodge is currently in its stage one and offers an exciting opportunity for those who get in early. Filecoin is projected to reach $5.46 by the end of the year, while VeChain […]
Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able […]
The U.S. Securities and Exchange Commission (SEC) has been hesitant to approve a Bitcoin exchange-traded fund (ETF) in the United States. However, this may not be an impossible obstacle to overcome. The SEC has been reluctant to approve a Bitcoin ETF due to the lack of regulation in the cryptocurrency market. This has caused the […]
Cryptocurrency analyst Michaël van de Poppe offers a glimmer of hope to those who have been “hodling” through the current bear market, the longest in Bitcoin’s history. He believes that the current bear market will eventually give way to a bullish trend, potentially resulting in significant gains for those who remain patient. The market is […]
Bitcoin whales have been undeterred by the recent price swings of the leading digital asset, with the total number of whales reaching a 10-month high of 1,611 according to Glassnode. During the second half of August, Bitcoin was stuck around the $26,000 mark, but the price surged to $28,000 on August 29th after Grayscale won […]
The past few days have seen an increased number of developments in the crypto industry, mostly surrounding the potential launch of a spot Bitcoin ETF in the States. Grayscale won a court battle against the SEC, which resulted in a two-week peak of Bitcoin at just over $28,000. However, the Securities and Exchange Commission delayed […]
