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The term Web3 is often used as shorthand to discuss the new phase of the internet. It describes leaving the era of centralized social media and massive e-commerce platforms and arriving at a utopia of user-controlled data. Web3, in a colloquial sense, is simply an umbrella marketing term that means anything crypto-adjacent. To offer clarity on…

Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume.

Australian investors will be able to trade its first Bitcoin spot ETF starting next week when the Cosmos Asset Management Bitcoin ETF launches on ASX Clear. 125 Total views 15 Total shares Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see…

Risky assets, including Bitcoin and altcoins, received a boost following today's CPI report.

Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9.During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents,…

Bitcoin (BTC) price reclaimed the $30,000 support on April 18 after briefly testing $29,130 on the previous day. However, traders question whether the recovery is sustainable given the increased regulatory scrutiny, especially in the United States. Bitcoin price in USD, 4-hour. Source: TradingViewRostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC), said on April…

Various cryptocurrency operators have joined hands to launch a rating system that will define how close a digital asset resembles a security. On a scale of one to five, one will be awarded to cryptocurrencies that are  least characteristic of a security, whereas five will have the most similarities to a security. This rating system…

The crypto community is rallying against an amendment to the U.S. infrastructure plan that would maintain strict reporting requirements for developers and validators while exempting miners. 2357 Total views 167 Total shares The crypto community is pushing back against amendments to the crypto provisions of the White House’s infrastructure plan — which seeks to raise…

A bipartisan majority in the US House of Representatives voted to repeal the so-called IRS DeFi broker rule. The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292