French authorities to issue statement on Pavel Durov’s detention

Terry Duffy, CEO of leading derivative market CME Group, has said that until governments start to accept cryptocurrencies, it is very difficult for major commercial banks to get involved in the market. Duffy made his comments during an interview with Bloomberg published on Feb. 14.When asked if Bitcoin’s (BTC) price has hit its bottom, Duffy…

Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty. 474 Total views 13 Total shares Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion. Bitcoin’s…

Proof-of-stake protocols were designed to encourage users to lock up their coins, but synthetic assets are circumventing that design to allow double-dipping in DeFi. One of Forbes’ 30 Under 30 in Asia, Tushar Aggarwal wears many hats: He started the crypto podcast Decrypt Asia, works as a venture scout with LuneX Ventures, and runs Persistence, a…

Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.

The Metaverse and Virtual Reality (VR) go hand in hand in the public’s imagination and platforms including Somnium Space, Crypto Voxels, and Meta’s Horizon Worlds already support the technology.But despite describing itself as a “decentralized virtual reality platform” on its website, the browser-based 3D metaverse platform Decentraland still lacks VR.Sean Ong, founder of extended reality…

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26.As previously reported, SBI Holdings is an active partner of Ripple via their joint venture, “SBI Ripple Asia,” which was established to promote the use of XRP…

South Korean electronics giant LG is working with blockchain developers to launch a rival to Samsung’s Klaytn blockchain smartphone, sources have said.LG in talks with local developersSpeaking to local daily news outlet Chosun on Sept. 8, an industry insider said LG had already held discussions with local decentralized application (DApp) developers and had worked out…

Staking has been used fluently to describe several actions within the world of crypto, from locking your tokens on a decentralized finance (DeFi) application or centralized exchange (CEX) to using tokens to run a validator node infrastructure on a proof-of-stake (PoS) network.PoS is one of the most popular mechanisms that allows blockchains to validate transactions…

The twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading.According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service.During the pilot stage, the exchange will only offer leveraged trading to select institutional customers. The only…