Restaking will spark the next big rush of money into crypto

The current state of blockchain innovation in the United States is a tale of two asset classes. On one hand, the Securities and Exchange Commission’s reluctance to embrace or endorse blockchain-based securities has ground the innovation in that sector to a crawl. On the other hand, regulators in the banking, money transmission and commodities spaces…

The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, Foodnavigator-Asia reports July 30. The Sustainable Sugar Project, led by the Queensland Cane Growers Organization, will use blockchain technology to track the provenance of sugar supplies to Australia. The initiative known as the Smart Cane Best Management Practice (BMP) is part…

Bitcoin (BTC) may be in line for 60% upside if a long-term chart feature stays intact.In part of his latest analysis on June 8, popular trader Mikybull Crypto flagged encouraging signs on the BTC/USD weekly chart.Weekly Bitcoin price chart keeps $40,000 on the tableWith Bitcoin still wedged in a narrow trading range it entered almost…

Web3 advisor Hilary Kivitz discussed countermeasures that DAOs can employ against hostile takeovers during her talk at the EthCC 5. 137 Total views 27 Total shares At the Ethereum Community Conference 5 in Paris, France, a presenter explored decentralized autonomous organizations (DAO) and what countermeasures they could employ against hostile takeovers. Hilary Kivitz, a Web3 advisor…

New York University (NYU) has reportedly become the “first” university in the U.S. to offer students a major in blockchain technology, CBS New York reported September 18.The program will reportedly be provided by the NYU Stern School of Business, which was also a pioneer in offering undergraduate courses in cryptocurrencies and blockchain. Professor Andrew Hinkes…

Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively. 582 Total views 9 Total shares Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers…

BSTX's SEC approval does not involve crypto trading or any other form of use of blockchain technology. 92 Total views 2 Total shares The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities…

Bitcoin (BTC) closed last week with gains of 9.55%, but started the new week on a weak note, falling near $40,500. The sharp correction in Bitcoin also caused liquidations in several altcoins. According to CoinGlass data, cross-crypto long liquidations for Dec. 11 were more than $300 million.The sharp fall does not change the trend in

Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users. 361 Total views 28 Total shares Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads:“Users…