Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
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Binance Announces Burn of Team’s BNB Token Supply
Major cryptocurrency exchange Binance announced that it completed the eighth Binance Coin (BNB) token burn and that it intends to also burn the tokens allocated to its team in an announcement published on July 11.Per the announcement, 808,888 BNB (equivalent to over $23.7 million at press time) of the Binance’s team allocation have been burned…
South African Government Establishes Crypto Assets Regulatory Working Group
A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2.Tito Mboweni — the South African finance minister — declared:“It is anticipated that, following broad industry comment and participation, the crypto assets regulatory working…
Democrat Senator lobbies agencies over the use of crypto in ransomware
Senator Hassan wants federal agencies to take more action while Senator Lummis is more concerned with stifling innovation. 488 Total views 17 Total shares Some U.S. Senators are ramping up the anti-crypto rhetoric again, urging federal agencies to take action against the illicit use of digital assets.Democrat Senator Maggie Hassan is the latest to raise…
Bitcoin market cap flips tech giant Meta, widens gap on Visa
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla. 2004 Total views 33 Total shares Own this piece of history Collect this article as an NFTDespite a turbulent week for crypto following the downfall of Silicon Valley Bank (SVB) and Signature…
Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time.
Nasdaq to launch crypto custody services by end of Q2: Report
The service will reportedly be the exchange operator's first major venture into the crypto industry. 472 Total views 4 Total shares Own this piece of history Collect this article as an NFTGlobal securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of…
Can you trust crypto exchanges after the collapse of FTX?
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges:“Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their crypto…
Enterprise blockchain: ‘Ethereum for Business’ explains key use cases
The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation. Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, the report indicates that the blockchain…