Zanzibar’s new blockchain sandbox aims to drive tech startup growth
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.
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Ethereum 2.0 is coming, unlikely to speed up enterprise DeFi adoption
Many members of the blockchain community have been anxiously awaiting the arrival of Ethereum 2.0, the major upgrade to the Ethereum blockchain set to be released in multiple phases. Phase 0 is the first expected release on the Ethereum 2.0 roadmap, scheduled to launch this year.While speculation around the exact release date remains, Ethereum co-founder…
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DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say
Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. 2657 Total views 17 Total shares Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more…
Don’t be surprised if AI tries to sabotage your crypto
As the world of cryptocurrency trading evolves, so does the technology supporting it. In recent years, we've seen a surge in AI tools like ChatGPT being integrated into various facets of the crypto landscape. This development, while exciting, is not without its drawbacks. A recent survey by my own exchange — Bitget — found that in…
EU securities regulator calls for proof-of-work crypto mining ban
European regulators are concerned about crypto's risks to climate change goals. 2138 Total views 35 Total shares Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining.In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become a…
Ethereum’s ‘consensus layer’ contract hits 10M ETH staked
The migration to the proof-of-stake consensus appears to be progressing well by all numerical accounts, potentially signifying an anticipatory demand for the network's long-awaited upgrade. 423 Total views 13 Total shares Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer)…