Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.
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Known Crypto-Hater Sherman to Chair Congressional Subcommittee on Investor Protection
The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.On Dec. 5, Chairwoman of the House Financial Services Committee Maxine Waters (D-CA) announced that Sherman was elected to take up the position of Chair at the subcommittee that oversees the…
Shopify CEO muses integrating e-commerce giant into DeFi ecosystem
Shopify's CEO seems to have caught the crypto bug, and it could be a boon for adoption. 287 Total views 11 Total shares Crypto’s march towards mainstream adoption takes another significant step forward as the CEO of an e-commerce giant is publicly pondering how to integrate his company with the decentralized finance (DeFi) ecosystem.On Friday…
Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions. 761 Total views 9 Total shares Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a…
SEC settles with Rari Capital over DeFi pools, unregistered broker activity
The regulator charged the former DeFi protocol and its co-founders for allegedly misleading investors and unregistered broker activity involving its pools.
Aussie cyber spies to control critical infrastructure during ransomware attacks
The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack. 664 Total views 10 Total shares Australia’s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure. The Australian Signals Directorate (ASD), a government agency…
The Iranian government took down over a thousand crypto mining farms
Iran is rewarding people who turn in crypto miners operating without a license. Whistleblowers helped Tavanir, Iran’s power company, shut down 1100 crypto mining farms that were allegedly operating without the proper licenses. Although Tavanir says that some of the miners were using “high levels” of subsidized electricity, their report clarified that no significant changes were…
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. 109 Total views 16 Total shares Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department…
Markets rally after FOMC meeting, but Bitcoin bears still have a short-term advantage
Bitcoin's (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S. Securities and Exchange Commission (SEC)…