SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud.
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Former US Treasury Secretary slams national Bitcoin reserve as ‘crazy’
Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto has been over-regulated.”
Coinbase launches open-source cryptography library Kryptology
The library will aid in building complex cryptographic techniques to match the needs of the bourgeoning DeFi sector. 1623 Total views 27 Total shares On Monday, Coinbase, the fourth-largest cryptocurrency exchange globally by trading volume, announced the creation of a novel cryptographic library, Kryptology, as a compendium of tools for blockchain developers. These include secure,…
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
Back was one of the few people cited in the original Bitcoin white paper. 720 Total views 10 Total shares Ever since his childhood years, Adam Back, now CEO of Blockstream, would spend his time fidgeting with programming code to look for encryption keys embedded in the software. Born in 1970, the London native completed…
Bybit sees BTC, ETH ‘flight’ of institutional investors to stablecoins, but not for long
Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment. 1015 Total views 3 Total shares The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors.The report found that
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols. 640 Total views 29 Total shares On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly all stablecoin borrowings. Most notably, borrowings…
What are phygital NFTs, and how do they work?
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XRP returns to 3rd-largest crypto after 4-year battle with SEC
XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of interoperability in Web3 and the Metaverse. By definition, interoperability is a feature of Web3 whereby a product or system can work seamlessly across platforms with other products or services. Webb defines interoperability simply as…