ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses
July 12, 2023 1 min read
The U.S. June Consumer Price Index (CPI) will be released on Wednesday, and the PPI will be released the following day, bringing attention back to inflation statistics after a week of major employment announcements. In the event of a drop, investors may hope that the Federal Reserve would reconsider its
July 11, 2023 1 min read
Due to BitOasis’s failure to comply with regulatory requirements within the allotted time limit, the crypto regulator in Dubai has suspended the exchange’s operating license. Two notices were issued on July 10 by the Virtual Assets Regulatory Authority (VARA). Stating that enforcement action had been taken against BitOasis and that
July 11, 2023 1 min read
Ripple’s University Blockchain Research Initiative (UBRI) was the first of its kind when it was created five years ago. Pledging $50 million in charitable funding to top universities across the globe in order to promote blockchain and cryptocurrency education, research, and development. Blockchain’s position in the inevitable digital-first future has
July 8, 2023 1 min read
Recently, U.S. Federal Reserve Chairman Jerome Powell expressed optimism about the cryptocurrency market. In his testimony before Congress, Powell defended the sustainability of cryptocurrencies as an investment category in the United States. Witnessing before the House Committee on Financial Services about the Federal Reserve’s Semiannual Monetary Policy Report, Powell made
July 8, 2023 2 mins read
The National Assembly of Namibia has passed a law offering regulation of cryptocurrencies and digital assets. Thus, becoming the latest country in Africa to do so. A measure to govern virtual assets, cryptocurrencies, and VASPs in Namibia was enacted by the lower house of parliament on June 22. The purpose
July 7, 2023 1 min read
It seems that a Twitter account belonging to the Aptos Foundation has been hacked, with the perpetrators sending followers to a false website advertising the opportunity to take part in a phoney airdrop. The hacker tweeted that everyone who joined the airdrop will be able to claim free APT on
July 7, 2023 2 mins read
The U.S. SEC will meet with BlackRock, Fidelity Investments, and other spot Bitcoin ETF registrants next week. After resubmitting their applications to the U.S. SEC, all spot ETF hopefuls have now included information on their surveillance-sharing partners and other prerequisites. Bloomberg’s ETF experts Eric Balchunas and James Seyffart tweeted on
July 6, 2023 2 mins read
Coin Metrics reports that this quarter, because of the rise in the value of BRC-20 tokens and Ordinals, Bitcoin miners have reaped an unexpected profit of several million dollars in transaction fees. Crypto analytics company claimed a previously “tepid fee market” for Bitcoin miners has been unexpectedly disrupted with its
July 6, 2023 2 mins read
Despite what may seem to be excessive price swings, Cardano’s (ADA) DeFi TVL has been trending upwards. According to DeFi aggregator DeFiLlama, the total number of ADA tokens locked on all of the DApps it monitors has hit a new all-time high of 557.62 million ADA. This figure has increased
July 5, 2023 2 mins read
