For the crypto industry and its existential coupling with the banking sector, MiCA marks profound change, which only the most serious players are ready for. For example, in the resurgent stablecoin category, in which the […]
The IRS said it tried to avoid some burdens on users of stablecoins, especially when used to buy other tokens and in payments. Basically, a normal crypto investor and user who doesn’t earn more than […]
June 27: Immunefi, an on-chain crowd-sourced security platform, released its “Crypto Losses in Q2 2024 report,” showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to […]
The form letter from Stand With Crypto concludes: “Giving the major presidential candidates a chance to weigh in on this transformational technology in the first debate would go a long way towards educating the electorate […]
TLDR Ethereum gas prices have dropped significantly, with the average price at 7.32 Gwei as of June 21, 2024, down from higher levels earlier in the year. Layer 2 (L2) solutions on Ethereum are experiencing […]
June 26: Shardeum, an EVM-compatible layer-1 chain that uses dynamic state sharding to keep transaction fees low, announced the June 26 launch of Stage 1 of its incentivized testnet, Atomium. According to the team: “Atomium […]
TLDR Bloomberg analyst Eric Balchunas reaffirms his prediction of a July 2 launch date for U.S. spot Ethereum ETFs, following a surge in amended S-1 filings. Several major asset managers, including BlackRock, VanEck, and Fidelity, […]
Bearish sentiment became more pronounced in the crypto market early Monday after defunct crypto exchange Mt. Gox, which is supposed to return over 140,000 BTC to victims of a 2014 hack, said it will begin […]
TLDR The U.S. SEC has closed its investigation into Ethereum 2.0 without filing charges, according to Consensys. The decision comes after Consensys sent a letter to the SEC requesting confirmation that spot ether ETF approvals […]
Xend Finance has launched its new layer one blockchain, Asset Chain, on the testnet. This launch permits the group to expertise seamless RWA tokenization, verification, and administration on its native chain. Xend Finance is a […]
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