Do Kwon, Terra Labs’ founder, is in the middle of a legal dispute with the SEC. His extradition to the United States is a top priority for the SEC. By taking these measures, it hopes to open up dialogue about the catastrophic losses of the Terra ecosystem. Kwon’s lawyers, though,
September 28, 2023 1 min read
Total Value Locked (TVL) in the Solana ecosystem has increased recently, yet DEX volumes have dropped significantly. Given the importance of these numbers to a DeFi network’s health, the decline in DEX activity in Solana’s DeFi landscape has sparked some worry. SOL’s price had shown surprising resilience and recovered at
September 27, 2023 2 mins read
The Merge update to Ethereum’s core protocol was a watershed point in the cryptocurrency’s history, marking a transition away from the inefficient proof-of-work (PoW) consensus mechanism in favor of the more energy-efficient proof-of-stake (PoS). Ethereum’s compliance with the strict criteria imposed by the Office of Foreign Assets Control (OFAC) has
September 27, 2023 2 mins read
Particle Network, a Web3 infrastructure provider, has accomplished a significant feat after the release of Wallet-as-a-Service (WaaS) V2. Within only one year of the debut of WaaS, the number of wallet activations has topped 15 million since the release of V2. The 15 million milestone was attained within a year
September 26, 2023 2 mins read
Binance, a cryptocurrency exchange, has announced that it is once again available to customers in Belgium, after earlier difficulties caused by European Economic Area rules. Binance announced on September 25th, 2023, that it will begin offering its services in Belgium. After more than three months, the exchange has announced it
September 26, 2023 1 min read
Ethereum co-founder Vitalik Buterin’s September 2023 ETH transactions totaling over $3.9 million were discovered by blockchain analysts. The co-founder of Ethereum, has made a splashy move in the midst of a volatile situation in the crypto market by putting a large sum (approx. $630k) of Ethereum into Coinbase recently. Buterin’s
September 25, 2023 1 min read
Bitcoin’s price remains over $26,000 despite recent market volatility. The issue, though, is how long this state of affairs can last. The Ripple party and Gary Gensler’s congressional hearing are two of the major events coming up this week. With the SEC’s judgement on Bitcoin ETFs coming up in October,
September 25, 2023 2 mins read
Coinbase has announced that it has been approved by the Bank of Spain as a crypto exchange and custodial wallet provider. As part of its “Go Broad, Go Deep” plan for international development, this will aid Coinbase increase its retail customers, institutional clients, and developer collaborators in Spain during Phase
September 23, 2023 1 min read
The Open Network’s native cryptocurrency, TON, has risen to the tenth spot in market value, overtaking Tron (TRX). This follows TON’s recent surge, which has sent the token up more than 24% in the last 7 days, as measured by statistics from CMC. The debut of Telegram’s TON blockchain-based self-custodial
September 21, 2023 2 mins read
A measure to prevent efforts to establish a CBDC in the United States has been approved by a House committee. Concerns about impeding development and U.S. competitiveness in the international financial sector were at the forefront of the arguments that the contentious decision sparked on Capitol Hill. The committee, which
September 21, 2023 2 mins read
