In a recent interview with Bloomberg Television, Chris Larsen, the co-founder and executive chairman of Ripple Labs, expressed his views on the regulatory environment in the United States and its impact on the blockchain industry.  Larsen claimed that San Francisco, once poised to be the “blockchain capital of the world,” lost its status due to […]

Strica, the software powerhouse behind Cardano-centric tools such as Cardanoscan.io, Typhon Wallet, and Flac Finance, has introduced Warp Transactions. This innovation promises to revolutionize the way ADA token transfers are conducted on the Cardano network. The crux of the issue lies in Cardano’s inherent requirement for a minimum of approximately 1.14 ADA to accompany any […]

The Bitcoin block rewards are becoming lesser and lesser with each halving. Will transaction fees eventually be able to fill up this void? Bitcoin Transaction Fees Has Been Trending Up With Each Cycle One of the most innovative features of the Bitcoin blockchain is that approximately every four years, the block subsidy (that miners receive […]

Former FTX executive Ryan Salame is set to make a highly anticipated appearance in Manhattan federal court on Thursday, a proceeding that typically indicates a defendant has reached a plea deal, according to a Reuters report.  The court hearing will be presided over by US District Judge Lewis Kaplan, who also oversees the criminal case […]

The crypto space still presents risks like scams, hacks, rug pulls, etc. In another troubling event, a crypto whale lost over $24 million worth of assets in a massive phishing scam.  In this case, the victim address is regarded as a major liquidity provider on the Uniswap Decentralized Exchange (DEX), supplying over $1.6 million worth […]

Genesis Global Capital, the cryptocurrency lending unit that filed for Chapter 11 bankruptcy protection earlier this year, has taken legal action against its parent company, Digital Currency Group (DCG). The lawsuit comes as both parties grapple with the repayment of more than $610 million in loans that reached maturity back in May. According to Genesis […]

In a surprising turn of events, Jay Hunter Anson, the Digital Residency Office Director at the Palau Ministry of Finance, announced the cessation of the Ripple based Palau Stablecoin (PSC) pilot program. The announcement came via Twitter, where Anson stated, “On Friday we will cease distribution of the Palau Stablecoin. For those with PSC still […]

In a groundbreaking move, US accounting standard-setters have unanimously voted to introduce new accounting rules for businesses with significant holdings in cryptocurrencies such as Bitcoin and Ethereum. This decision, expected to be published by year-end, could pave the way for tech giants like Apple, Amazon, and Google to include Bitcoin and altcoins on their balance […]

Google, the world’s most popular search engine and tech company, plans to update its cryptocurrency advertisement policy in September 2023. The tech giant intends to clarify “the scope and requirements for the advertisement of blockchain-based games involving non-fungible tokens (NFTs).” Although the initial update was shared in August 2023, they plan to share fresh updates this September, […]

On-chain data shows the Ethereum whales have recently gone on a $425 million shopping spree, a sign that could be positive for the asset. Ethereum Whales Have Participated In Accumulation Recently As pointed out by analyst Ali in a post on X, the ETH whales have made some big purchases recently. The relevant indicator here […]

Prominent crypto exchange Coinbase has launched a crypto lending service targeted at institutional investors in the United States.  According to a Tuesday report by Bloomberg, the largest American exchange seeks to fill the void created by the collapse of crypto lending firms such as BlockFi, Genesis Global, Celsius, etc.  Related Reading: BlockFi Seeks Permission To […]

The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding digital asset universe.  Astonishingly, half of these newly minted millionaires have pinned their financial dreams on Bitcoin (BTC), the world’s […]